Tag: European Union

EU to boost Egypt’s economy with €7.4bn to regulate immigration from the region

The European Union today concluded an agreement in Cairo to strengthen its partnership with Egypt and pledged to provide...

Wholesale prices in Germany fell the most in three years in September

Wholesale prices in Germany fell by 4.1 percent year-on-year in September, the most in three years. Europe's largest economy...

Siemens is back in profit, but is cautious about its biggest division

German industrial conglomerate Siemens posted a net profit of 1.4 billion euros in its third financial quarter after a...

BMW’s profit down 2.9 percent due to higher taxes, sales and earnings up

German luxury carmaker BMW's second-quarter net profit fell 2.9 percent to 2.96 billion euros (CZK 71 billion). This was...

Deutsche Bank’s quarterly profit fell 27 percent, but beat expectations

The net profit of the largest German banking company, Deutsche Bank, decreased by 27 percent year-on-year to 763 million...

French carmaker Renault improves outlook for this year

French carmaker Renault has improved its financial outlook for this year, mainly thanks to the success of new models...

Inflation in Italy was the lowest in 14 months in June

Consumer prices in Italy increased by 6.7 percent year-on-year in June. The rate of increase thus slowed from May's...

Business activity growth in the Eurozone almost came to a halt this month

Growth in business activity in the Eurozone almost halted this month. The decline in manufacturing had deepened, and service sector...

CarVertical increased sales by 30 percent to more than half a billion CZK last year

CarVertical, a company that deals with used car history checks, increased its sales by 30 percent last year to...

German industrial production up 0.3 percent in April, higher growth expected

Industrial production in Germany increased by 0.3 percent month-on-month in April, while it fell by 2.1 percent in March,...

Dako-CZ will deliver brake units to Sweden, the order is worth 110 mil. CZK

Dako-CZ from Třemošnice in the Chrudim region will supply brake units to Gothenburg, Sweden, in the coming years. They...

PPF increases stake in German media company ProSiebenSat.1 to 13.1 percent

PPF Group has increased its stake in German media company ProSiebenSat.1 Media from 12 percent to 13.1 percent. Reuters reported...