AGP Executive Report
Last update: 10 hours agoNuclear: South Korea put the Czech nuclear project on emergency footing after contractor Daewoo E&C sought government mediation over stalled talks with KHNP, raising fresh concern about delays to the multibillion-euro build. Energy: Czech-owned LEAG won contracts for about 3 GW of Germany’s new gas-fired capacity, part of a €12 billion tender with RWE, as Berlin plans for coal-fired plants to shut down. Automotive and Retail: Škoda Auto reported 7.4% operating-profit growth on revenue of €23.1 billion. Tesco agreed to sell its Czech and Slovak businesses to Ahold Delhaize in a €1.7 billion deal. Technology: Czech UAV maker Primoco reported nine-month revenue up 69% and EBITDA up 246%. Nuclear Fuel: Temelín switched to Westinghouse fuel assemblies, diversifying its supply.
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