Hairdresser is tangled in Czech bid to secure Philips TV-factory project

Article Abstract:

The article discusses the refusal of a Czech hairdresser, Marketa Regekova, to sell her plot of land where Philips Electronics N.V. has already nearly constructed a television screen manufacturing plant. Philips planned to invest over Euro200 million in the project and generate 1,000 new jobs for the town of Hranice Na Morave, but Regekova wants to be paid 15 million korunas (E432,713).

Strategy & planning, Acquisitions & mergers, New capacity, new plant construction, Capital expenditures, Household audio and video equipment, Audio and Video Equipment Manufacturing, Television Sets, Televisions, Koninklijke Philips Electronics N.V., Beliefs, opinions and attitudes, Buildings and facilities, Television equipment industry, PHG, Regekova, Marketa

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Companies submit bids for stake in Komercni

Article Abstract:

Several companies have made formal bids to acquire the majority share of Komercni Banka that is owned by the Czech government. The government is selling its 60% share of the bank.

Commercial Banks, Commercial Banking, Banking industry, Planning, Privatization, Privatization (Business), Komercni Banka

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Czech wireless carriers move to block rivals

Article Abstract:

The article discusses offers put in this week by the two main Czech mobile operators, Eurotel AS, a subsidiary of Cesky Telecom AS, and RadioMobil AS's Paegus, to acquire expensive UMTS licenses. The article said that the companies' bids may be less about bringing new mobile phone technology to Czech consumers and more about blocking competition.

Radiotelephone communications, Cellular and Other Wireless Telecommunications, Contracts & orders received, Mobile Radio Services, Telecommunications services industry, Telecommunications industry, Wireless communications services, Eurotel Cellular Service, Paegus

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