Czech Republic
M&A hits €8.5bn in CEE in Q1, says Mergermarket
Trend towards bigger deals and more fund investment continues, as deal value rises by half to give best Q1 since 2013.
UEFA´s 'unfair' punishment of Czech football player raises furore among fans and politicians
Row demonstrates the wide gulf that exists between attitudes towards racist behaviour in Western Europe compared to the newer CEE member states.
wiiw raises 2021 CEE growth forecast to 3.8%
But pandemic has delayed restart of convergence with Western Europe until 2023.
Czech foreign minister fired after failed bid for Social Democrat leadership
Struggling Czech Social Democrats sack liberal Tomas Petricek and reject alliance with Greens, in conservative shift before general election.
Czech premier fires third health minister since beginning of pandemic
Andrej Babis sacrifices another scapegoat as his government struggles to handle one of the worst COVID-19 epidemics in Europe and his poll ratings continue to slide.
CEE reels as third wave of COVID-19 breaks
A third wave of the coronavirus pandemic is sweeping through Emerging Europe. While Russia is expecting to reach herd immunity in the next two months, most other countries of the region have only just started their mass immunisation programmes.
IKEA’s New Europe Empire
Getting an IKEA store is a good guide to how developed a country is. And the Swedish furniture store has an uncanny knack for opening their yellow and blue stores exactly at the beginning of a country's rapid growth phase.
Air Bank poised to fly to top of Czech banking
Merger with Moneta Money Bank still going ahead, says CEO of digital bank, despite death of owner Petr Kellner.
OBITUARY: Petr Kellner, Central Europe's great dealmaker
Czech billionaire financier dies in helicopter crash, raising questions over the future of his diversified PPF Group.
Tender for Czech nuclear power plant Dukovany to be left to new government
This postpones any decision on whether to let Russia's Rosatom into the tender until after the October general election.
Impact of global chip shortage on carmakers spreading across Eastern Europe, Turkey and Central Asia
Production plants forced into stoppages after pandemic-led surge in demand for electronics from locked down populations squeezes semiconductor supplies.
Czech car producer Skoda halves profit in 2020
VW subsidiary still manages to increase domestic and European market shares.
MITTELEUROPEAN INSIGHTS: Central and Southeastern Europe head for a V-shaped recovery
The moderate GDP setbacks in 2020 imply that for some CEE countries there will not be such drastic recovery and rebound effects in 2021 as in hard-hit countries in Western Europe.
Home Credit plunges to €584mn loss in 2020
Czech-owned consumer lending group adapts to COVID-19 by shifting to smaller loans and pushing digitilisation.
Volkswagen in negotiation with Czech government on building e-car battery plant
Plan could also involve state energy group CEZ, which wants to use domestic lithium deposits.
Rising inflation in Emerging Europe poses dilemma for central banks
With economies primed to rebound as pandemic restrictions are loosened, consumer prices could rise even further, reawakening an issue that has long been ignored.
ING: Commodity supercycle calls grow
It has been an exceptional month for commodity markets, with growing inflation expectations increasing investor interest in the assets. Meanwhile, fundamental developments, particularly in the oil market, have only provided a further boost.
Czech president approaches China for Sinopharm vaccine
Czechia could be second EU country to use the Chinese vaccine, though health minister criticises initiative.
Czech online retailer Rohlik attracts €190mn from investors
The online food retailer entered the Hungarian market in 2019, Austria in December, and plans to launch online sales in Germany in the next few months.
Czechia considers using Russian vaccine without EMA approval
Visegrad Four break ranks with the EU again and reach deals to buy unapproved Russian and Chinese vaccines.
