A budget jousting has been started

Article Abstract:

Dopravni podnik hlavniho mesta Prahy (DPHMP) (Prague, Czech Republic), city public transporter, wants to develop the underground in Prague. According to an estimate of the Ministry of Transport and Communnications of the Czech Republic (MTC), costs on the further development of the underground should be 3 bil Kc per year. That is why MTC has proposed the Czech government to include a request for a subsidy of 2 bil Kc for the underground in the 1999 state budget. According to MTC, the development of the underground and other kinds of city public transport is the most efficient way to solve the hard transport situation in Prague. DPHMP transports over 1 bil pessengers per year. Nearly 40% of the number is represented by the underground.

Comment:

City public transporter plans to develop the underground in Prague

Strategy & planning, Dopravni Podnik Hlavniho Mesta Prahy

---

CD wants to increase its fares every year

Article Abstract:

Ceske drahy (CD) (Czech Republic), Czech Railways, plans to increase its fares by 17% above inflation regularly by 2002. CD, together with the Ministry of Transport, wants to convince the Czech government of the plan. Besides the increase in CD's low transport tariffs, the firm wants to solve environmental damages and to decrease its losses. CD's loss is expected to be 3.8 bil Kc in 1998. The company's audited loss was 4.7 bil Kc in 1997.

Comment:

Railway firm plans to increase fares by 17% above inflation regularly by 2002

Commodity & service prices

---

No blow without the state

Article Abstract:

Ceske drahy (CD) (Prague, Czech Republic), Czech Railways, should be transformed from a state firm into a state joint-stock company in 2001. The state will clear CD of a majority of debts, which total CEK 30 bil. CD, which increased its freight transport by 10% in 2000 compared to 1999, expects a loss of CEK 4.8 bil for 2000. According to CD's director, the debt represents an uncovered payable of the state for the financing of passenger transport.

Asset sales & divestitures, Railroad Passenger Operations, Line-Haul Railroads, Railroad Freight Operations, Production data, Financial management, Liabilities NEC, Railroads, line-haul operating, Local and suburban transit, Passenger rail services, Rail freight, Brief Article

Similar abstracts:

• Abstracts: Ad billings growth forecast is reduced to 6%-7% range. IMF increases its forecast for global economic growth. Rate erode prices but London bucks trend
• Abstracts: A survey of manufacturing strategy and technology in the Chinese furniture industry. Manufacturing and supply chain management in China: a survey of state-, collective-, and privately-owned enterprises
• Abstracts: Biocel looks for a buyer for its stake in JIP. Biocel expects an increase in exports due to a new owner. Biocel Paskov wants to lower the number of employees
• Abstracts: Juta in Wonderland and Beyond the Mirror. Frantschach Pulp & Paper wants to sell its company power sector. Very fragile numbers

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.