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Czech Republic

Euler Hermes predicts rise in number of bankruptcies in...

The number of bankrupt companies is likely to grow moderately next year after seven years of falls, the reason being a prediction of a slower growth of the Czech economy in 2007 against this year, says the latest study of...

Bankruptcies up in H1 2006 – Coface

A total of 658 bankruptcy proceedings started in the Czech Republic in the first half of the year, the first…


CzechTrade agency and HKCR networks join forces to support...

CzechTrade, the government agency charged with increasing international trade and cooperation between domestic and foreign companies, has launched a new…

#bank#international#International Trade


Factoring Ceske Sporitelny H1 revenues up

Factoring Ceske sporitelny (CS), a company specialising in financing receivables from domestic and foreign customers, has announced revenue growth of…

#receivables


Ceska sporitelna bank nets CZK 4.87 bn in H1

Ceska sporitelna belongs to the Austrian Erste Bank group, which comprises the bank CS, insurer Pojistovna CS, Leasing CS, Investicni spolecnost…

#bank#banks#economy


Czech factoring turnover up at CZK49 bn at end...

Czech factoring companies posted a turnover of nearly CZK49bn (euros 1.7bn) in January-June this year (more…)


EBRD and Komercni banka sign credit line

The EBRD is extending a credit line to Komercni banka (KB) to support small and medium-sized municipalities (SMMs) (more…)

#bank#Boost#European Commission


Atradius fills two newly-created positions

The newly created position of deputy to the director in the Czech branch of the global credit insurer Atradius Credit…

#Atradius#insurance#international


US supply financier sets up in Central Europe

US supply chain finance (SCF) provider Prime Revenue has set up an office in Prague, Czech Republic (more…)

#supply chain finance#working capital


Factoring firm O.B. Heller profit down in 2005

Czech factoring company O.B. Heller had net earnings of Kc63.6m (€2.3m) last year, a decline of (more…)


Factoring turnover up at Kc21.50 bn in Q1

Czech factoring companies buying claims before maturity financed claims worth Kc21.50 bn in the first quarter this year, a growth…


EGAP plans expansion of SME coverage following amendment of...

The Export Guarantee and Insurance Corporation (EGAP) is seeking a strategic partner for its commercial insurance subsidiary. EGAP,  the state-owned…

CSOB secures majority stake at OB Heller Factoring

Ceskoslovenská obchodní banka (CSOB) has acquired from NMB-Heller Holding 50 per cent of factoring company OB Heller and has become…

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