Czech engineering firm Kralovopolska RIA has won a EUR 385mn contract to build a gas-fuelled plant near Sochi, on the Russias Black Sea coast, E15 daily reported. The plant will have an installed output of 366MW and will supply power and heat to sports complexes and other buildings in Sochi, which will host the 2014 Winter Olympic Games. The plant is scheduled to be completed and connected to the grid by December 2013. Kralovopolska RIA specializes in the delivery of systems for nuclear power plants, water treatment facilities and petrochemical plants. The company posted a post-tax profit of CZK 42mn in 2010, by CZK 13mn more than in the previous year. Kralovopolska RIA's main clients include Czech state-owned power company CEZ, Skoda Praha, Invest and Enseco. |
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