Czech maker of steam turbines Skoda Power plans to invest CZK 700mn (EUR 27.7mn) in the next three years to boost the capacity of its plant in the Czech western city of Plzen, CTK news agency reported citing company CEO Jiri Smondrk. The investment will help the company also raise the number of employees to 1,700 from 1,260 at present. Skoda Power, which was bought by South Korea's biggest maker of power equipment Doosan three years ago, targets to raise its annual sales from CZK 8.1bn expected for 2012 to CZK 15bn by 2017 thanks also to a new acquisition in India. |
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