HOT TOP|Energy & Green Biz|Foreign Affairs
Chris Johnstone|31.08.2011

US VP Biden warns Czechs over Russian nuke contracts

US Vice-President Joe Biden made blunt warnings about reliance on Russian energy and encouraged Czechs to sign up US company Westinghouse to build new nuclear reactors in the country when he visited Prague in late 2009, diplomatic dispatches leaked by WikiLeaks have revealed. Unfortunately, previous remarks from the Prague embassy undercut some of Biden's warnings.

HOT TOP|Energy & Green Biz|HR & Careers
Raymond Johnston|31.05.2011

Westinghouse expands team in Prague office

Nuclear energy firm Westinghouse Electric Company has appointed Charles L. Werner construction development director for the Czech Republic.  He is based at the firm’s Prague office in the Pankrác district in the City Empiria Building. Westinghouse is currently among three competitors to expand the nuclear reactor complex at Temelín, South Bohemia.

Markets & Finance|Energy & Green Biz
Brian Kenety|24.02.2011

ČEZ accidentally releases 2010 results early; net profit down 9 pct at Kč 47.2 bln

Czech state-controlled power utility ČEZ accidentally released 2010 earnings data four days ahead of schedule in an email sent to reporters Thursday inviting them to a press conference. Although the Prague- and Warsaw-listed company immediately followed up with a recall notice, saying the numbers were “not acutal,” brokers were already trading on the data, and ČEZ later published the results on its website.

HOT TOP|Energy & Green Biz
Raymond Johnston|14.02.2011

Westinghouse reaches out online to Czech suppliers

Westinghouse has launched a website in Czech to highlight its activities related to the tender to add new reactor units at the ČEZ-run Temelín power plant. The site outlines areas where local suppliers could become involved; the Czech trade minister had cautioned the US-based firm and French rival Areva they were lagging behind Russia’s Atomstroyexport in showing  a willingness to subcontract to Czech firms.

HOT TOP|Energy & Green Biz
Raymond Johnston|14.01.2011

Temelín bidder Areva woos Czech students, professors

France’s nuclear energy firm Areva will be supporting nuclear science educational programs at two Czech universities, ČVUT and the University of West Bohemia, by providing for internships, scholarships and excursions. Areva is one of three entities hoping to win the estimated $25 billion contract to expand ČEZ’s Temelín nuclear power plant in South Bohemia.

HOT TOP|Energy & Green Biz
Brian Kenety|16.12.2010

Minister: Bidders lag behind Atomstroyexport in ČEZ tender

Czech Minister of Trade and Industry Martin Kocourek (Civic Democrats, ODS) told the Bloomberg news agency Dec. 16 that Areva and Westinghouse Electric Co. must show their willingness to subcontract work to Czech companies if they want to compete with Russia’s Atomstroyexport in the tender to build new reactors at ČEZ’s Temelín nuclear power plant.