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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 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
CCS: Fuel prices in Czech Rep increased by tens of hellers last week
April 14, 2011 | 03:47am CEToriginalPetrol and diesel are closer to the border of CZK 35/L. Influence of the situation in Libya and Nigeria, analysts' expectations for this week...
read moreCredium wants to defend 3rd position, strengthen and extend brand financing in Czech Rep in 2011
April 11, 2011 | 03:34am CEToriginalResults for 2010 (new contracts, share in registrations, penetration of financing for individual brands Fiat, Alfa Romeo, Lancia, Mazda and Hyundai)...
read moreCCS, Natankuj.sk: Fuel prices stagnated in Czech Rep last week, petrol more expensive in Slovakia
April 6, 2011 | 03:39am CEToriginalPetrol and diesel sold at Czech filling stations have thus held their prices around CZK 34/litre. Analysts’ expectations for this week...
read moreKars has ultimately failed to enforce Alma 2 bus project and fell into insolvency
April 5, 2011 | 04:26am CEToriginalNegotiations with potential investors, bankruptcy motion, the amount of debt, the largest creditors, financial results for 2010...
read moreGENEVA: Jaguar Land Rover aims to significantly increase sales of both brands in Czech Rep in 2011
April 4, 2011 | 03:54am CEToriginalThe evaluation of 2010, sales plans for 2011, the impact of factory production capabilities, the new model of Range Rover Evoque and its prices...
read moreBlue Events holds conference Fleet Management 2011 in Prague in late April
April 4, 2011 | 02:45am CEToriginalRepresentatives of CAFM, Fleet Partners, UniCredit, Skoda Auto, SkoFIN, Dekra, CEZ, RWE or Auto AZ Consulting will speak at the conference...
read moreCSOB Leasing to add damage liability for free to new vehicle on lease or loan in Q2
March 30, 2011 | 02:38am CEToriginalCompared to 2010, the event was expanded for trucks to 12 tons and motorcycles. The amount of subsidy in previous and current spring campaign...
read moreHonda holds spring service campaign with car inspection for CZK 99 in Czech Rep
March 29, 2011 | 03:31am CEToriginalApart from the traditional discounts, the importer prepared other higher discounts on selected items in April. The seasonal assistance service for the summer from Europ Assistance is now free...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep and Slovakia did not change significantly last week
March 29, 2011 | 02:44am CEToriginalPetrol at the Czech filling stations went down by 8 hellers, diesel up by 1 heller. Analysts' expectations for this week...
read moreCCS, Natankuj.sk: Growing fuel prices stopped in Czech Rep, continues in Slovakia
March 24, 2011 | 02:57am CEToriginalCurrent prices for petrol and diesel; expected reduction in prices to be more pronounced for petrol, according to analysts...
read moreCredium to provide brand financing for Jaguar and Land Rover in Czech Rep
March 23, 2011 | 05:59am CEToriginalCooperation of automaker Jaguar Land Rover and financial group Credit Agricole will extend to another country in Europe. Details of cooperation...
read moreCar financing down by 5.4% in Czech Rep in 2010, both large and smaller players strengthened
March 23, 2011 | 05:22am CEToriginalDouble-digit growth was recorded by UniCredit Leasing, Toyota Financial Services and Raiffeisen - Leasing, the largest decline by FCE Credit. Results of the companies...
read moreRenault and Dacia in March: Thalia, Twingo and Fluence discounted by CZK 10,000
March 23, 2011 | 04:59am CEToriginalOn the contrary, the Megane GT became more expensive by CZK 40,000. An additional discount of 15% on selected packets for particular models continues until April 30…
read moreAlphabet to enter CEE, having agreed to cooperate with UniCredit Leasing
March 22, 2011 | 04:31am CEToriginalFor UniCredit Leasing it means expanding cooperation with BMW Group from brand financing to fleet management. The countries concerned...
read moreCCS Natankuj.sk: Fuel prices in Czech Rep and Slovakia continued to rise last week
March 18, 2011 | 05:57am CEToriginalPetrol is more expensive by 21 hellers to a new maximum, diesel by 43 hellers. Analysts' expectations for this week...
read moreAuto-Exner headed off its own sale, having borrowed from another bank
March 15, 2011 | 03:23am CEToriginalThe history of investments in recent years, one of the activities to a quick cash acquisition, a new banking partner...
read moreCCS, Natankuj.sk: Fuel in Czech Rep and Slovakia significantly more expensive last week
March 9, 2011 | 12:58am CEToriginalPetrol sold at Czech filling stations is now the most expensive in history. Growth in fuel prices, according to analysts, will continue...
read moreRudolf Kypta appointed new director for financial management at CSOB Leasing
March 2, 2011 | 04:07am CEToriginalHe has replaced Petr Jenicek after eight years. Kypta’s professional carreer in a dutch financial company...
read moreCCS Natankuj.sk: Fuel prices in Czech Rep rose last week, different development seen in Slovakia
February 28, 2011 | 10:51pm CEToriginalPetrol at Czech filling stations went up by 34 hellers, diesel by 31 hellers. Analysts' expectations for this week...
read moreHome Credit began cooperating with Direct Pojistovna, to offer its insurance for loans on used cars
February 24, 2011 | 01:59am CEToriginalHome Credit’s clients can choose damage liability or accident insurance with fixed rates up to 7 years...
read moreCCS, Natankuj.sk: Fuel prices slightly changed in Czech Rep last week, flat in Slovakia
February 22, 2011 | 02:27am CEToriginalPetrol sold at Czech filling stations became cheaper by 3 hellers, diesel became more expensive by 7 hellers. Analysts’ expectations for this week...
read morePeugeot set Czech prices for 508, marketing immediately reduced them to CZK 508,000
February 18, 2011 | 04:22am CEToriginalTechnological innovations, version with the start-stop system, production and sales plans, offers for companies and consumers, presentations, Peugeot Lease...
read moreCCS, Natankuj.sk: Fuel more expensive in Czech Rep last week, prices flat in Slovakia
February 17, 2011 | 02:20am CEToriginalPetrol became slightly more expensive at Czech filling stations, diesel went up vigorously. Analysts’ expectations for this week...
read moreSlavia started to transfer entire bonus from damage liability to accident insurance
February 10, 2011 | 03:44am CEToriginalSo far, it has been just one half of the claim-free record. There is a new phenomenon in the form of thefts of specific parts...
read moreRaiffeisen - Leasing increased new business volume by 80% in Czech Rep in 2010
February 10, 2011 | 03:39am CEToriginalThe volume of financing of cars rised by 10.3%. The company also wants to continue to focus on clean energy production projects, IT and hi-tech...
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Source: ECB, November 21, 2024