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Štefek (PwC): Non-financial/ESG reporting (Environmental, Social, Governance; sustainability report) concerns 1,200-1,300 companies in Czechia (mainly large corporations purchasing new cars usually on operational leasing), many of them just getting to know issue of sustainability reporting (according to CSRD directive, start of effectiveness in 4 waves in 2025-2029, impact also on small and medium-sized enterprises/SMEs in subcontracting chain as part of calculation of carbon footprint of large enterprises) and is not yet significantly reflected in sales of electric vehicles (BEVs)
October 22, 2024 | 09:58am CETflashread more
Quality Days 2024: Czech Society for Quality (ČSJ) to hold conference on modern approaches in quality, improvement in Prague, Czechia on November 12 with separate section 'Quality in automotive industry'. Representatives of Škoda Auto, Bentley Motors, KION Stříbro, Cognexa, NQA, DQS Slovakia, VDA, ČAUI (Czech Association of Artificial Intelligence) to speak at event
October 22, 2024 | 09:53am CETflashread more
Stellantis extended production suspension of Fiat 500e BEV (September 13 – October 11) in Turin, Italy (Mirafiori plant) until November 1, due to continued weak demand. However, carmaker confirmed that it intends to invest EUR 100 million to equip model with more-performance battery
October 22, 2024 | 09:48am CETflashread more
National Development Bank (NRB) accepted 5,907 applications for 6,140 electric vehicles (5,946 passenger cars, 191 light commercial vehicles, 3 trucks), 2,696 charging stations in Czechia during almost seven months (30 weeks, March 18 – October 14) of duration of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 4,581 guarantee contracts, approved another 237 applications, now assessing 1033 applications. Greatest interest is in Tesla cars (2,593 vehicles), followed by Volkswagen (569), Volvo (541), Škoda (533), BMW (288), MG (277), Mercedes (182), Hyundai (158), Kia (119) and SsangYong (104). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 100% currently reserved, NRB paid out CZK 335.4 million (EUR 13.3 million) so far. However, these are not final results of programme, as registration of applications that NRB received before end of receiving applications continues, bank added
October 21, 2024 | 08:55am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: Representatives of Hyundai Motor Company, Airbus, ABB Energy Industries, AFRY, Air Liquide Engineering & Construction, Aramco, BASF Process Catalysts, Bilfinger, Capgemini Engineering, Cellcentric, CibusCell Technology, Dassault Systemes, DuPont Water Solutions, EnBW, E.ON Energy Projects, Everfuel, ExxonMobil Low Carbon Solutions, EY, Fraunhofer ISE, GE Vernova, GKN Hydrogen, Henkel, Holcim, Honeywell UOP, Horiba FuelCon, IBM Consulting, IdTechEx, KPMG, LBBW, Linde Engineering, Mitsubishi Corporation, Parker Hannifin, PwC Strategy&, Ricardo, Rockwell Automation, Schneider Electric, Shell Global Solutions, Siemens Energy, ThyssenKrupp Automation Engineering/Uhde, Trelleborg Sealing Solutions, TÜV Nord EnSys, Zeppelin Power Systems, eFuel Alliance, EBRD, EC (European Commission) to speak at conference on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24). Event divided into six thematic sessions – Strategic Forum, Hydrogen Production, Systems Integration & Infrastructure, Fuel Cell Design, Development & Manufacturing, E-Fuels & Hydrogen Propulsion, Carbon Capture, Utilisation, Storage & Blue Hydrogen
October 21, 2024 | 08:49am CETflashread more
GlobalData: Global new light vehicle sales down by 3.6% to 7.55 million in September, up by 0.4% to 63.77 million in Q1-3 (Western Europe -4.1% to 1.18 million, +1.1% to 10.08 million; Eastern Europe including Turkey and Russia +10.2% to 398,685, +17.4% to 3.36 million)
October 21, 2024 | 08:42am CETflashread more
Traction Battery Watchdog: Devinn (development company with 160 employees in Jablonec nad Nisou and Mladá Boleslav, Czechia; turnover of over CZK 250 million/EUR 10 million) developed device for continuous monitoring of internal safety parameters of traction battery during storage and series production of electric vehicles (EVs), allowing continuous monitoring of values and alarm declaration (fire department, SMS, PCO) in case of exceeding limits. Compared to conventional thermal camera monitoring, Watchdog significantly increases time to react to safety risk. First customer is Škoda Auto with its plants in Mladá Boleslav and Kvasiny, Czechia
October 18, 2024 | 10:49am CETflashread more
Hydrogen Technology/Carbon Capture Expo Europe 2024: More than 800 exhibitors, including 3M, ABB, AGC Chemicals, AIP Automotive, Air Liquide, Air Products, Atlas Copco, BASF, Bibus, Bilfinger, Bosch, ContiTech, Cylinders Holding, Daido Steel, Donaldson, Dräger, DuPont, E.ON Energy Projects, ElringKlinger, Engie, Evonik, Freudenberg, GKN, Henkel, Hexagon Purus, Honeywell, Horiba, Ingersoll Rand, Kamax Automotive, Kawasaki Gas Turbine, Kyocera AVX Components, Linde Engineering, MAN Energy Solutions, Mann+Hummel, Mitsubishi Heavy Industries, Mitsui, Nippon, Parker Hannifin, Rheinmetall, Röchling, Schaeffler, Schneider Electric, Senior Flexonics, SIAD, Siemens, Sumitomo, SVÚM, ThyssenKrupp Automation Engineering, Toyota Motor Europe, Toyota Tsusho, Trelleborg Sealing Solutions, TÜV Nord, TÜV Süd and Voestalpine, to join exhibition on technologies for hydrogen, fuel cell and CCUS/CCS (carbon/CO2 capture, utilisation & storage) industry in Hamburg, Germany (October 23-24)
October 18, 2024 | 10:38am CETflashread more
Battery Value Chain as Opportunity: Czech Battery Cluster (ČBK), Central Bohemian Innovation Center (SIC), CzechInvest to hold in Prague on October 21 seminar on comprehensive view of battery ecosystem in Czechia. Event connects Czech universities, state administration, private sector with aim of strengthening cooperation in field of production, recycling, use of batteries. Representatives of Zebra Group, REMA Battery, Kovohutě Příbram, H Test (Htest), EcoTech Hub, Czech E-mobility Platform, VŠCHT, UCEEB ČVUT to speak at seminar
October 17, 2024 | 08:50am CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 7.1% in Q3, by 2.8% to 6.52 million in Q1-3 (VW -6.6%, -2.5%; Škoda +6%, +4.5%; SEAT+Cupra -4.4%, +7.7%; VW Commercial Vehicles -11.8%, +3.6%; Audi -16%, -10.9%; Bentley -35.6%, -26.6%; Lamborghini +18.7%, +8.6%; Porsche -7%, -6.9%; MAN -29.4%, -18%; VW Truck & Bus +28.4%, +20.5%; Scania +1.6%, +9.3%; International Motors/Navistar +40.5%, -2.1%). Competitive situation in China is particularly intense (Q1-3: -232,500), which is main reason for global decline in our deliveries (-191,100), Schubert said. Sales excluding China up by 0.9% (+41,400) to 4.47 million units
October 17, 2024 | 08:42am CETflashread more
National Development Bank (NRB) stopped accepting applications for Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs) on October 14 at 2:30pm, as allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers) were used up in almost seven months (30 weeks, March 18 – October 14). Support for electromobility continues in coal regions of Czechia (Moravian-Silesian Region, Ústí Region, Karlovy Vary Region), where NRB provides interest-free loans to small and medium-sized entrepreneurs as part of Transformation programme (CZK 500,000 to 100 million/EUR 20,000 to 4 million, maturity up to 10 years) for purchase of electric vehicles intended for delivery, service and other similar purposes
October 17, 2024 | 08:31am CETflashread more
National Development Bank (NRB) accepted applications for 5,631 electric vehicles, 2,427 charging stations in Czechia during more than six and half months (29 weeks, March 18 – October 7) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million for BEVs/FCEVs, chargers), 90% (CZK 1.75 billion/EUR 70 million) currently reserved, NRB paid out CZK 298 million (EUR 11.8 million) so far
October 16, 2024 | 10:31am CETflashread more
Financial Companies
Radek Smejkal left insurance company Direct, being replaced by Petr Ouska
June 15, 2011 | 12:35am CEToriginalIn the autumn of 2009, Smejkal started up business through partners, Ouska is going to continue in it. Profiles of both managers...
read moreSixt, E.ON, Mercedes-Benz opened two charging stations for EVs in Czech Rep, preparing other
June 15, 2011 | 12:28am CEToriginalAt the same time, Sixt placed EVs to its offer as the second car rental in the Czech Republic. Locations, model and number of cars, rental prices...
read moreGenerali introduced new accident insurance for older cars in Czech Rep
June 14, 2011 | 04:22am CEToriginalTwo variants of risk cover, four limits of indemnity, liability, settlement by budget, age of the vehicle, examples and prices, statistics of car thefts...
read moreInsurance companies in Czech Rep offer better communication via smart phones
June 14, 2011 | 04:06am CEToriginalThey want to simplify the situation after a car accident or car failure to their clients. Applications of Ceska pojistovna, Kooperativa, Direct; Generali on Facebook...
read moreGlobal Assistance: Number of assistance interventions of automobile insurance continues to grow
June 14, 2011 | 03:57am CEToriginalIn the Czech Republic, however, not all clients use assistance services of their insurance company, they do so abroad. Statistics of Kooperativa and CPP in 2010...
read moreCCS, Natankuj.sk: Fuel cheaper in Czech Rep and Slovakia last week
June 14, 2011 | 03:50am CEToriginalPetrol became cheaper by 9 hellers, or by 1.3 cent, diesel by 8 hellers, or by 1.3 cent. Analysts’ expectations for this week...
read moreHasicska vzajemna pojistovna increased damage liability rates
June 13, 2011 | 12:17am CEToriginalAt the same time, the insurer favoured drivers over 30 years. The maximum bonus for 2011 increased to 60%...
read moreDvorak Rent A Car: Seat cars proved good in car rental, to take three times more cars in 2011
June 9, 2011 | 01:36am CEToriginalSeat cars have thus proved good at another Czech car rental. Compared to 2010, another model has been added, and motorizations have changed...
read moreCCS, Natankuj.sk: Fuel more expensive in Czech Rep last week, prices stagnated in Slovakia
June 9, 2011 | 01:12am CEToriginalPetrol sold at Czech filling stations became more expensive by 10 hellers, diesel by 12 hellers. Analysts’ expectations for this week...
read moreThomas Muller became new head for CEE at CarGarantie
June 8, 2011 | 03:07am CEToriginalHe will be responsible for seven countries including the Czech Republic and Slovakia. He replaced Michael Erb, who...
read moreHyundai returned to exclusive branded financing in Czech Rep, having confirmed its long-term partner, CSOB Leasing in tender
June 6, 2011 | 06:00am CEToriginalThree leasing companies have been providing branded financing so far. The start of cooperation, history of financing of Hyundai cars...
read moreGolden Crown 2011: Kooperativa and CSOB Leasing have best financial products in automotive financing and insurance
June 6, 2011 | 05:37am CEToriginalOther companies also scored in the competition, i.e. Ceska pojistovna, Raiffeisen - Leasing, ALD Automotive and Hertz Lease. The winning car products...
read moreStrand (Allianz): Prices of damage liability in Czech Rep to fall by 5% in 2011
June 3, 2011 | 02:13am CEToriginalHowever, the decline will be smaller than in 2010 and 2009. A discount for children in the contract, the outlook for accident insurance, new complicity of 1%/CZK 1,000...
read morePPF Group authorized Home Credit executives to build new Czech bank, Air Bank
June 2, 2011 | 03:35am CEToriginalThe company’s own staff has been promoted to the Home Credit board of directors in the Czech Republic and Slovakia. Details of four personnel changes...
read moreMasterCard: Card systems can be used for e-mobility in place of D-intensive applications
June 2, 2011 | 02:52am CEToriginalAn example of a multifunctional City Card in Bratislava, the participation of partners in the project, micropayments PayPass, financial performance...
read moreGenerali PPF Holding retained Stefan Tillinger, having appointed him head of Generali in Czech Rep
June 1, 2011 | 05:16am CEToriginalHe will replace Petr Kopecky after three years in the function, who is going to retire from the company...
read moreCeska pojistovna launched accident insurance 6+ for older cars on market
June 1, 2011 | 05:04am CEToriginalIt is a comprehensive insurance for 6-20 year-old vehicles with three performance levels up to CZK 100,000. Product specifications, prices, examples...
read moreAllianz intends to further improve damage liability portfolio in Czech Rep, willing to attract decent drivers
June 1, 2011 | 04:55am CEToriginalThe insurance company has cheapened damage liability for decent drivers. On the contrary, it has increased the price for offenders. Details of pricing changes, the insurance supplement...
read moreSixt to expand fleet of car rental in the Czech Republic with EVs
May 31, 2011 | 03:06am CEToriginalThe company wants to address corporate customers with the option to include EVs in their fleets. Model and prices, the current fleet of the car rental...
read moreCCS, Natankuj.sk: Fuel cheaper in Czech Rep last week, prices were flat in Slovakia
May 31, 2011 | 02:39am CEToriginalPetrol sold at filling stations in the Czech Republic became cheaper by 19 hellers, diesel by 13 hellers. Analysts’ expectations for this week...
read morePeter Tolgyesi to leave LeasePlan after 14 years, Milan Ptacnik to replace him
May 26, 2011 | 03:08am CEToriginalPtacnik’s shift to the post of Sales and Marketing Director will require changes in the acquisition department...
read moreCitroen delivered C-Zero EV to first client in Czech Rep - to LeasePlan
May 25, 2011 | 05:50am CEToriginalLeasePlan has rented it to the energy company PRE on a full-service lease. Starting of orders at dealers, sales plan for the C-Zero in 2011...
read moreCCS: Fuel cheaper in Czech Rep last week
May 25, 2011 | 05:23am CEToriginalPetrol became cheaper by 8 hellers, diesel 14 hellers. Analysts’ expectations for this week, development in Slovakia...
read moreUniCredit Leasing agreed on brand financing of Schmitz semitrailers in Czech Rep
May 24, 2011 | 04:27am CEToriginalFinancial leasing LeaseTruck with free mobility insurance for 3 years will also be offered under the brand EWT Finance…
read moreCEZ to select two partners in charging station tender
May 23, 2011 | 02:34am CEToriginalThe number of candidates for the contract and registered companies, the date of its publication, the system of payments for electricity, the standard of outlets, rental of Peugeot iOn by ALD Automotive...
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