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08/07/2018
Czech utility ČEZ's second quarter revenues and profit dropped sharply despite increased electricity production due to higher wholesale electricity and emissions prices after forward selling production at lower levels. ČEZ said however that the hit from its hedging operations should dissipate in the second half of the year.
The Prague-listed company’s revenues dropped to 40.9 billion crowns in the second quarter, compared with 48.1 billion in the same period in 2017. Net profit for the quarter dropped to 0.5 billion crowns taking half-year net profit to 7.7 billion crowns, down 54% compared year on year.
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08/07/2018
The reported number of cases of tick-borne encephalitis in South Moravia has more than tripled. By the end of July, 38 cases of the potentially fatal disease had been reported, up from roughly a dozen in the two previous summers.
There is no cure for encephalitis, but only about one in four Czechs have themselves vaccinated against it. The country has five times as many cases as in neighbouring Austria, where 90 per cent of the population takes this precaution.
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08/07/2018
The tabloid Blesk lost some 33,000 readers in the first half of 2018 but is still the most widely read newspaper, with a circulation of 926,000, according to a new survey.
The broadsheet Mladá fronta dnes had 569,000 readers during that period, a drop in circulation of 3,000 year on year. In third place was the left-leaning daily Právo, with a readership of 253,000.
Rounding out the top five spots were the specialised daily Sport (240,000) and the right-leading national paper Lidové noviny (223,000), followed by another tabloid, Aha! (195,000), and the business daily Hospodářské noviny (182,000).
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08/07/2018
Rain is in the forecast for the regions of Pilsen, Karlovy Vary, Pardubice and Hradec Kralove on Wednesday. Elsewhere, it should be partly cloudy, with daytime highs of 35 degrees Celsius.
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08/07/2018
Three tanks have been called to help with the removal of debris from the demolished footbridge on the Labe River near the town of Nymburk.
The footbridge was pulled down for safety reasons on Friday with large sections of it falling into the river.
The demolition process confirmed the results of an inspection which said the bridge was unsafe both for pedestrians and boat traffic on the river, collapsing much sooner than expected.
The clean-up operation is expected to last for the rest of the week.
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08/07/2018
The charges against two Dutch nationals who brutally attacked a waiter in Prague in April of this year have been upgraded to attempted murder, the daily Pravo reported on Tuesday.
The two men were originally charged with inflicting grievous bodily harm, but medical experts assessing the case said the prolonged brutality of the assault had been life-threatening.
If convicted the men could face up to 18 years in jail. They remain in custody.
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08/06/2018
The three Czech soldiers killed by a suicide bomber in Afghanistan on Sunday will be buried with military honours, Defence Ministry spokesman Jan Pejšek said on Monday.
Sirens will sound nationwide in their memory at midday on Wednesday, the day on which their remains will be brought home on a special army plane.
President Miloš Zeman, the head of the Czech Armed forces, and leading political representatives will be present at the ceremony at the airport.
Since 2002 more than 9,000 Czech soldiers have served in Afghanistan. Thirteen of them were killed.
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08/06/2018
Tuesday should bring clear to partly cloudy skies with day temperatures between 30 and 34 degrees Celsius.
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08/06/2018
Interest in setting up new British firms in the Czech Republic has slowed down since the decision on Brexit, according to statistics provided by Bisnode. At present there are a record number of British companies operating in the Czech Republic, but interest in setting up new ones is at its lowest since 2014.
The biggest number of British companies established in the Czech Republic was in the period leading up to the referendum on Brixit and immediately in its wake, according to the report.
There are currently close to 5,000 companies with British capital operating on Czech soil.
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08/06/2018
The most popular tourist destination in Prague last year was traditionally Prague Castle with 2.3 million visitors, a 13 percent increase year-on-year.
The Petrín funicular with 2 million visitors came second and Prague Zoo was the third most popular tourist destination, according to data made available by Czech Tourism.
The city hall on Old Town Square saw a drop in the number of visitors, most likely due to renovation work on Prague’s famous Astronomical Clock.
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