
News report of 05.09.2008
Czech Republic & Slovakia Business Weekly
FINANCIAL & ECONOMIC NEWS
STATISTICS
Czech July foreign trade balance in CZK 7.2 bln surplus, above expectations
Slovak GDP growth slows to 7.6% in Q2, in line with flash estimate
COMPANY NEWS
MANUFACTURING
Czech CKD Group wins CZK 1.8 bln contract from Russian MMK to build oxygen plants
TRANSPORTATION
State carrier Czech Airlines widens H1 loss slightly to CZK 178 mln, expects fiscal year profit
REAL ESTATE
Dutch-Czech developer CTP Invest gains permission to expand third Brno industrial park
PRESS: Czech developer Sekyra rolls back foreign expansion plans, citing bear market
Prague modern office stock take-up nearly doubled in H1, led by manufacturing/construction – DTZ
Czech industrial property services firm CTY Development to deliver first Prague office building in 2009
PRESS: Prague-listed developer ECM Real Estate Investments faced no liquidity crisis
Israeli developer AFI Europe agrees with Czech town on terms of Pardubice mall extension
Czech investment group Realita stops offering shares in property fund, citing bear market
Regional developer Orco Property Group shares rally as liquidity fears subside – analysts
Number of loans via Czech building societies up by 40,000 in H1 - ministry
Czech developer RPG Real Estate to invest EUR 700 mln into Moravian portfolio of 44,000 flats
ENERGY NEWS
OIL & PETROCHEMICALS
Czech retail fuel prices drop; top-selling Natural 95 down to CZK 31.24/liter
COAL
Central European energy co. NWR sees stable output volumes in H2 2008, electricity costs rising
EMERGING MARKETS NEWS HIGHLIGHTS
Russia proposes int’l police forces in security zone around South Ossetia
Russian Foreign Minister to visit Poland on September 11
No additional Russian troops sent to Poti area – Russian Foreign Ministry
Moscow rejects EU claims that intervention in Georgia was disproportionate
U.S. Vice President Cheney to visit Georgia, meet with Georgian President Saakashvili
Russian peacekeepers not to remain beyond South Ossetia, Abkhazia – Russia
FINANCIAL MARKETS
EQUITIES
Prague bourse PX index down 7.02% w/w Friday; energy holding NWR biggest loser
Bratislava Stock Exchange (BSE), Indices, 29/08-05/09/2008
Prague Stock Exchange (PSE), SPAD trading, 29/08-05/09/2008
FIXED INCOME
Prague Stock Exchange (PSE) Treasury bonds, Direct trading, 29/08-05/09/2008
CURRENCY
Czech National Bank (CNB) foreign exchange rates, 29/08-05/09/2008
National Bank of Slovakia (NBS) foreign exchange rates, 29/08-05/09/2008
MONEY MARKET
National Bank of Slovakia, BRIBOR rate fixing, 29/08-05/09/2008
Czech National Bank, PRIBOR and PRIBID rate fixing, 29/08-05/09/2008
CALENDAR
Czech Republic – calendar of upcoming events, 08-15/09/2008
Nb: This news report features only the headline of each news.
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