Israeli-owned real estate developer AFI Europe plans to boost investments on the local market, as part of its strategy to expand in the CEE region, the company said. AFI Europe seeks to raise EUR 100mn from its public offering on the Warsaw stock exchaneg in order to finance the expansion. AFI will invest in the construction of Classic 7 Business Park in Prague and AFI Karlin office building worth a total of EUR 22mn. The projects will be implemented by 2012. |
Social Democrats (CDDS), the major Czech opposition party, proposed next year's general and European elections to be held on the same day, CTK news agency reported. CSSD leader Bohuslav Sobotka ... more
The Czech unit of UK retailer Tesco faces a fine of up to CZK 3mn (EUR 116,000) for selling beef lasagne containing undeclared horsemeat, Radio Prague reported. The state-run Agricultural and Food ... more
The upper house of the Czech parliament, the Senate, voted on March 20 a constitutional amendment to limit the immunity of lawmakers and constitutional judges, Radio Prague reported. Out of the ... more