The Czech internet leader Seznam.cz posted year-on-year growth in net profit of 13% to CZK1.33bn (€52.4mn) in 2020, with revenues going up by 5.5% to CZK4.95bn, according to the company's annual report.
An increase in e-commerce during the pandemic led to a significant growth of the number of users of its online service Zbozi.cz comparing products and e-sellers. Zbozi.cz increased its revenues by 35% y/y last year.
Therefore, the company has created a new e-commerce division this year, which has been headed by Lukas Behun, Zbozi.cz's former product manager, since September.
Four Czech citizens on a skiing holiday were killed in avalanches that occurred in Kyrgyzstan's northern district of Ak-Suu over the weekend, according to the Issyk-Kul regional police department. ... more
The Czech branch of Raiffeisenbank (RB) registered a 27.5% year-on-year drop in profits in the first three quarters of 2023 to CZK3.96bn (€162mn). RB’s assets grew by 13.3% to CZK679bn, Czech ... more
South Africa’s Competition Tribunal has prohibited a proposed intermediate merger involving the sale by a local company of its sodium cyanide business to another from the Czech Republic. Local ... more