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Czech Republic

EU To Scrutinize Czech Telecomm

O2 CZ/CETIN and T-Mobile CZ is now under investigation by the European Commission on Tuesday. European Commission is to investigate whether the mobile telecoms network-sharing deal between the two major telecommunications company restricts competition in the Czech Republic.

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Five banks interested in Citi's Czech retail operations: report

Five Czech banks have expressed interest in bidding for Citigroup's retail operations in the Czech Republic, newspaper E15 reported on Monday, without citing its sources.

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E.ON sells most of Italian business to Czech-based EPH

Germany's largest utility E.ON AG has agreed to sell its Italian gas- and coal-fired power plants to Czech energy company EPH, ridding itself of unwanted assets from an acquisition spree in 2007.

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Prague-based social analytics firm Socialbakers scores $26M in Series C funding

Prague, Czech Republic-based social media analytics firm Socialbakers scored $26 million in a Series C funding round led by Index Ventures to grow its workforce from 300 to 400 members.

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3D Printing

Belgium's Materialise acquires Polish 3D prototyping firm e-Prototypy

Leuven, Belgium-based 3D printing firm Materialise acquired Poland-based prototyping company e-Prototypy for an undisclosed amount to further consolidate the 3D printing industry in Central Europe.

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European secondhand marketplace Vinted lands $27M to expand to US

Munich, Germany-based secondhand clothes marketplace Vinted landed $27 million in a Series B funding round led by Insight Venture Partners and Accel Partners for its expansion to the US.

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German credit rating startup Kreditech bags $15M in debt funding

Hamburg, Germany-based credit and loans startup Kreditech bagged $15 million in debt funding from Kreos Capital to finance consumer lending and expansion in Europe, Oceania, and Latin America.

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Czech booking agency Skypicker receives $500K investment, adds WhichAirline

Brno, Czech Republic-based low-cost flights booking engine secured a $500,000 investment from Touzimsky Airlines and also acquired metasearch engine for an undisclosed sum.

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Temelin Nuclear Power Plant

Czech conglomerate CEZ Group may sign $10B Temelin nuclear plant expansion deal in 2015

CEZ Group, a utility conglomerate based in Prague, could ink a $10 billion deal to expand the Temelin nuclear power plant some time in the second quarter of 2015. CEZ is in talks with US' Westinghouse and a consortium that includes Russia's Atomstroyexport, according to a Reuters report.

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ARX Equity Partners

ARX Equity Partners exits majority stake in film extruder Ergis

ARX Equity Partners, a private equity firm based in Czech Republic, has sold its controlling stake in film extruder Ergis-Eurofilms SA. Ergis claims to be the largest film extrusion group in the country.

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Telefonica Sa

Telefonica SA and PPF Group NV nearing deal for Czech Republic's telephone firm

Anonymous sources revealed the near completion status of the deal between Telefonica SA and PPF Group NV for the largest phone company in the Czech Republic.

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PPF in discussions to acquire Telefonica's Czech unit

PPF Group, a Czech investment group, had discussed with Telefonica regarding a possible acquisition deal for the Spanish telecoms' unit in Czech Republic.

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Telefonica SA

Czech Republic's richest man bids for local unit of Telefonica SA

Petr Kellner is seeking to purchase the Czech republic's unit of Telefonica SA.

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Mobile user

Slovakia sells new mobile frequencies

Slovakia would sell 800Mhz, 1,800Mhz and 2,600Mhz bandwidths which was expected to result to a new operator in the country.

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