Lidove Noviny News
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Vodafone Czech Republic AS plans to cut 218 jobs, or about 10 percent of its workforce, Lidove Noviny reported, citing spokeswoman Alzbeta Houzarova.
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The three parties in the Czech government coalition are near agreement on a pension-system overhaul that will place more reliance on private savings for retirement, Lidove Noviny reported, citing Prime Minister Petr Necas.
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The Czech government must make sure that a unified banking supervision within the European Union won’t allow transfer of local savings abroad, Premier Petr Necas wrote in an opinion column in the Lidove Noviny newspaper.
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The Czech government is preparing a new renewable energy law that will remove subsidies to most biomass power plants, Lidove Noviny reported, citing Environment Ministry spokeswoman Michaela Jendekova.
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CEZ AS, the Czech Republic’s largest power producer, may gain more domestic natural gas clients in Slovakia, Lidove Noviny reported, citing energy analysts.
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Czech Foreign Minister Karel Schwarzenberg met with his Russian counterpart Sergei Lavrov to discuss the construction of two additional reactors at the Temelin nuclear power plant, Lidove Noviny reported, citing Schwarzenberg.
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Czech Republic mortgage demand rose 34 percent in January compared to the same period last year, Lidove Noviny reported, citing data from mortgage broker Hyposervis.
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Central European Media Enterprises Ltd.’s TV Nova plans to add new channels in the Czech Republic, Lidove Noviny reported, citing Nova’s Chief Executive Officer Jan Andrusko.
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The number of non-performing loans held by Czech banks is rising, Lidove Noviny reported, citing data from the Czech central bank.
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CEZ AS, the largest Czech power producer, plans to regroup its renewable resources in a separate unit and sell part of it to pre-selected “qualified” investors, Lidove Noviny reported, citing spokesman Martin Schreier.
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