Following the recent accusation of investor Ondřej Janata of a billion-dollar fraud on retail investors, another suspicious investment offer appeared on the Czech financial market. The television station Šlágr, which is trying to sell dubious securities, came out with her. These are shares of Riocath FNDB, which are offered both through the company’s website and on the music station’s website.
Staff shortages, rising inflation and rising production and operating costs are the main items influencing companies’ ongoing decisions to increase wages for next year. “Companies that are still struggling with staff shortages often have no choice but to increase wages, although the pace due to rising energy or material costs may be lower on average next year than this year,” comments Pavel Prokop, CEO of corporate banking. a recent ČSOB survey.
–
–
Directors and insiders from large US corporations have lost a record volume of shares this year. Together, these high-ranking managers in 2021 sold their ownership stakes in companies for $ 69 billion, ie over 1.5 trillion crowns. That is thirty percent more than last year, and even 79 percent more than the average for the last ten years. That’s according to data from the Verity Internet Research Platform.
Operating support in the order of billions of crowns is to help the further development of renewable sources in the Czech Republic, but it is clear that it will not start in January either. Although the outgoing government of Andrej Babiš (ANO) managed to approve the necessary amendment to the Act on Supported Resources, it will leave the announcement of the relevant decrees to the new government. She has no chance of completing the legislative process by the end of the year.
The PPF investment group of the Kellner family made another large acquisition in the USA. Through its real estate division, PPF Real Estate Holding has purchased the SouthPark Center in Orlando, Florida. The $ 315 million (over $ 7 billion) transaction involves ten office buildings and a total of 12.5 hectares of land on which additional commercial buildings can be built. The company thus continues its expansion into the United States, within which it has already invested billions of crowns in American commercial real estate.
The Czech automotive industry is preparing for the onset of electromobility. However, if the transformation took place as fast as the European Commission proposes, many companies would lose everything, warns Miroslav Dvořák, co-owner of the engineering holding Motor Jikov. “If we were told today that we would only drive in electric cars in ten years, our business would lose half. From two billion to one. I would lay off half of the 850 employees, “he says. The company is therefore starting to focus on parts independent of the type of fuel and believes that even the American Tesla can supply something.
The Mladá Boleslav carmaker manages to reduce the number of non-manufactured cars due to missing components. However, the difficult situation with a lack of chips will persist for several months.
PPF Investment Group is considering the future of its Home Credit consumer loan company in some markets where it sees limited potential. It is possible to sell these activities or enter partners, said PPF CFO Kateřina Jirásková in an interview with Reuters today.
–
–
Despite the pandemic. The wheels of trucks, motorbikes, buggies and veterans are stirred up not only by grains of desert sand, but also by big business. The most ambitious teams will spend billions of crowns on the race in Saudi Arabia. Not because of a cash prize, but a global reputation. No less tough fights as racers on the track will be fought in the hunt for prestige and viewership by sponsors and television – including Czech Television. It will also be Dakar 2022. It will break out soon – with the first day of next year.
The Rockaway Blockchain Fund (RBF) is gradually increasing its stakes and has now invested in a nine-figure amount for the first time. He sent about 112 million crowns to the American startup 1inch, which has now received almost four billion crowns from investors. Along with him, about 50 other investors invested money in the company, which valued the young technology company at $ 2.25 billion. The dollar unicorn, a company worth over a billion dollars, has been 1Inch since last year’s investment round.
The Hartenberg investment group from the trust fund ending Prime Minister Andrej Babiš (ANO) is completing one of its biggest divestments. By the end of the year, it wants to sell up to a 45 percent stake in the FutureLife network of reproductive clinics, for units of billions of crowns. E15 confirmed this to two independent sources.
While unemployment in the Czech Republic is at an all-time low and companies are vying for every job seeker, there is a large group of people of working age that employers almost neglect. “We have an unused deposit of at least 200,000 to 250,000 students, people of pre-retirement age and especially parents of young children who are interested in work but not full-time,” estimates Tomáš Ervín Dombrovský, chief analyst at LMC recruitment company.
–
–
– .
