Czech

PRAGUE (Reuters) - The Czech finance ministry has presented a draft budget for 2025 with a 9% lower deficit to the government, saying it would bring record investment while narrowing the fiscal gap to around 2% of gross domestic product.…

sefa ozel/E+ via Getty Images onsemi, based in Scottsdale, Arizona, plans to invest up to $2 billion to build an integrated silicon carbide manufacturing facility in the Czech Republic. Company He said on Wednesday that the site will…

Daniel Kretinski, the Czech billionaire preparing to take over Royal Mail, has unveiled a transformative vision for the company, which includes a £400m investment to create a network of drop boxes and delivery lockers across the UK.The…

Law enforcement agencies from Austria, Cyprus and the Czech Republic uncovered a cryptocurrency scam that defrauded millions of investors early this month. This international cooperation, supported by Europol and Eurojust, led to the…

The owner of Britain's Royal Mail said on Wednesday that it had accepted a takeover offer worth 3.6 billion pounds ($4.6 billion) from Czech investor Daniel Kretinski. Under the deal, Křetínský's EP Group will buy International…

By Jan Lopatka and Michael Kahn PRAGUE (Reuters) - Michal Strnad, who a decade ago became head of CSG, a family defence business, is closing in on buying U.S. ammunitions maker Kinetic Group that will transform a company that started by…

Israel Aerospace Industries and the Czech Ministry of Defense have signed a contract for sustainability and maintenance for the Czech MMR radars. The contract is valid for 20 years and includes Czech companies, which will…

The owner of Royal Mail is reportedly considering a bid for Czech parcel giant Packeta before the latest round of bids is revealed on Friday. International Distributions Services is said to be considering going in for the company which…

Czech billionaire Daniel Krytinski has floated a €1.1 billion investment in the heavily indebted French casino retailer group, in a challenge to current controlling shareholder Jean-Charles Naure.The surprise offer from Casino's…