The largest Slovenian commercial bank Nova Ljubljanska Banka (NLB) plans to exit the Czech market, bank CEO Bozo Jasovic told the M&A newswire DealWatch in an interview. In the Czech Republic, NLB controls trade, finance and factoring companies NLB InterFinanz Prague and NLB Factoring Ostrava. The Czech market is regarded as non-strategic in view of the long-term strategy of the bank. NLB also plans to exit the non-strategic markets of Bulgaria and Slovakia, and Western Europe. Jasovic said the units on the relevant markets would be either sold out or liquidated. |
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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