Aktualne.cz CzechNews brings you a taste of this week's issue of its partner publication, English-language investigative weekly Czech Insider.
The new issue will be available here at 4 PM (CET).
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Hinkley Point: Britain's uncomfortable lesson for CEZ
Business - CEZ is prepared to invest around EUR 10 billion in the expansion of the Temelin nuclear plant, but only if it gets a so-called "contract for difference" from the state. In the energy industry, a contract for difference guarantees a long-term price for the electric power generated by a specific source.
The British government has used this model to finance the GBP 14 billion expansion of the Hinkley Point nuclear plant... (read more here).
Westinghouse CEO: Czech nuclear industry is "at mercy of Mother Russia"
Interview - "Our bid is very specific and aggressive, because we really want this deal. We really want to expand our footprint in the Czech Republic. Today, I have met with heavy industry companies and soft skill companies," said Westinghouse CEO Danny Roderick in an interview with Czech Insider. If selected, Westinghouse will introduce the Czech industry to the Western market, promised Roderick... (read more here).
Enemy of the state: CEZ faces more heat in Bulgaria
Business - Bulgarian authorities are adapting a more aggressive approach against Czech utility CEZ and other foreign energy companies that are present in the Balkan country, such as the Czech Republic's Energo-Pro and Austria's EVN.
Most recently, Bulgarian police raided the offices of CEZ in Sofia. According to Bulgarian officials, the raid was approved by Brussels... (read more here).
... AND MUCH MORE!
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Czech Insider is an English-language weekly edition of Deník Insider ("Insider Daily"), a Czech subscription-only daily newspaper prepared by the creators of Aktualne.cz that provides original investigative insight into the top tiers of Czech politics and business.
Every Monday at 4 PM (CET), Czech Insider publishes the English translation of the most important stories from the previous week. You can get your one month or one year subscription here.
