A budget jousting has been started
Article Abstract:
Dopravni podnik hlavniho mesta Prahy (DPHMP) (Prague, Czech Republic), city public transporter, wants to develop the underground in Prague. According to an estimate of the Ministry of Transport and Communnications of the Czech Republic (MTC), costs on the further development of the underground should be 3 bil Kc per year. That is why MTC has proposed the Czech government to include a request for a subsidy of 2 bil Kc for the underground in the 1999 state budget. According to MTC, the development of the underground and other kinds of city public transport is the most efficient way to solve the hard transport situation in Prague. DPHMP transports over 1 bil pessengers per year. Nearly 40% of the number is represented by the underground.
Comment:
City public transporter plans to develop the underground in Prague
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1998
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CD wants to increase its fares every year
Article Abstract:
Ceske drahy (CD) (Czech Republic), Czech Railways, plans to increase its fares by 17% above inflation regularly by 2002. CD, together with the Ministry of Transport, wants to convince the Czech government of the plan. Besides the increase in CD's low transport tariffs, the firm wants to solve environmental damages and to decrease its losses. CD's loss is expected to be 3.8 bil Kc in 1998. The company's audited loss was 4.7 bil Kc in 1997.
Comment:
Railway firm plans to increase fares by 17% above inflation regularly by 2002
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1998
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No blow without the state
Article Abstract:
Ceske drahy (CD) (Prague, Czech Republic), Czech Railways, should be transformed from a state firm into a state joint-stock company in 2001. The state will clear CD of a majority of debts, which total CEK 30 bil. CD, which increased its freight transport by 10% in 2000 compared to 1999, expects a loss of CEK 4.8 bil for 2000. According to CD's director, the debt represents an uncovered payable of the state for the financing of passenger transport.
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2001
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