The German firm E.ON does not want Czech electric power
Article Abstract:
CEZ (Prague, Czech Republic), power firm, will have problems with electricity sales. The power engineering concern E.ON (Germany) was to purchase electric power worth CEK 2 bil from CEZ and import it to Germany in 2001. E.ON, which takes about 1.5% of CEZ's electric power sales every year, wants to end the supplies as soon as possible. Both the sides have pledged to say nothing about reasons for the stoppage of the supplies. The main reason is the problem of the Temelin Nuclear Power Station. E.ON is the largest investor in the Czech power engineering sector and plans to participate in the privatization of CEZ. CEZ plans to export 12 TWh of electric power in 2001, more than 20% of domestic production. About 80% of CEZ's total electric power exports go to Germany. The stoppage of exports would decrease CEZ's proceeds by at least CEK 7.2 bil. The useless power would correspond to nearly all the annual production of the Dukovany Nuclear Power Station.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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Olma will start to pack milk to PET bottles
Article Abstract:
Olma (Olomouc, Czech Republic), milk products firm, is starting to bottle milk to plastic PET bottles in Mar 2001. The firm will supply about 20 mil PET bottles of fresh milk to the Czech and Slovak markets by the end of 2001. It has invested about CEK 100 mil in a new bottling line. It installed the line in co-operation with the prominent European packaging manufacturer Elopak (Norway). Besides milk, Olma wants to produce yoghurt drinks and bio-milk in PET bottles.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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Italy looks for a supplier for Pendolino
Article Abstract:
Fiat Industriale Ferroviaria (FIF) (Italy), railway car manufacturer, is looking for an interior supplier in the Czech Republic. The supplier should produce interior equipment for the seven Pendolino train sets that are being manufactured by FIF for Ceske drahy (Prague, Czech Republic), Czech Railways. The worth of the contract should be about DEM 7.5 mil, more than CEK 130 mil. The search for the interior supplier is ensured by Transinteriors (Italy).
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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