Companies
Chris Johnstone|13.04.2012

Czech Railways mulls low-cost passenger carrier with old rolling stock

Apparently inspired by aviation’s low cost, no frills services, the Czech state passenger rail company is mulling a new low-cost subsidiary that could be launched in neighboring countries and for domestic services.

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Politics & Policy
Brian Kenety|29.11.2011

Czech industry and trade minister fails to divulge assets

Of the six new Cabinet ministers asked by the largest circulation daily to divulge their property and other assets, only newly appointed Trade and Industry Minister Martin Kuba (Civic Democrats, ODS) has thus far failed to do so.

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Politics & Policy|Companies
Brian Kenety|22.11.2011

Ex-Czech minister turned Slavia boss faces financial vetting by MPs

For the first time in its history, the Czech lower house of Parliament’s mandate and immunity committee will examine the assets of a former colleague — Aleš Řebíček, the ODS minister of transport (2006–2009) who made a fortune in the sector and later bought the Slavia Prague football club. Řebíček told Slavia fans he sold his Viamont stake for Kč 750 mln; the figure doesn’t jibe with his official declarations.

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Companies|Society
István Léko|22.08.2011

Slavia Prague owner tackles questions about club’s future

Slavia Prague owner Aleš Řebíček (ODS) made a childhood dream become reality when he bought the football club. But despite the club’s recent history — with failure on the pitch and skulduggery off it as regards ownership — many doubt whether the ex-transport minister is the right man to be leading the club forward. Questions remain about how he financed the purchase — and some other nontransparent deals.

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Companies|Society
István Léko|05.05.2011

Temporary salvation offered in Slavia horror story

The fate of Slavia Prague football club is being played out as much off the pitch as on it. Whether the club gets a rich new investor to save it from its current financial plight — where players have not been paid since the start of the year — and whether the club will still be playing in the top Czech league at all next season are still unclear. But for now, Natland Group is the only player on the field.  

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