Assets in motion

Article Abstract:

Delta Lloyds (DL) (Netherlands), investment bank, has ended its investments in the power firm CEZ (Prague, Czech Republic). DL held about 180,000 shares in CEZ with a market value of about 350,000 EUR through its fund Danube. A reason for DL's leaving from CEZ is an increase in tension among ecologists and the management of CEZ due to the construction of Temelin Nuclear Power Station (TNPS). If CEZ will insist on the completion of TNPS, DL will not invest in the firm.

Publisher: Economia
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1999
Temelin Nuclear Power Station, CEZ A.S.

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VSB: Assets in motion

Article Abstract:

VSB (Sezimovo Usti, Czech Republic), construction company, has a 75% stake held by the concern Hochtief (Germany). The largest German construction firm bought the stake for 12.5 mil DEM. Hochtief wants to hold a 100% stake in VSB prospectively. VSB, formerly Vodni stavby Bohemia (Czech Republic), saw a consolidated turnover of 5.75 bil Kc and a net profit of 42.1 mil Kc in 1998.

Publisher: Economia
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1999

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Assets in motion, Sepap

Article Abstract:

AssiDomaen Sepap (Steti, Czech Republic), paper and pulp producer, will be acquired by the paper group Frantschach (Austria). Its hitherto owner, the woodworking firm AssiDomaen (Sweden), has sold Sepap together with Barrier Coating production units in various European countries and with the firm Dynaes (Sweden).

Publisher: Economia
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2000

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