KKCG sells key oil subsidiary to Pakistan's PPL

Czech Insider
15. 4. 2013 10:00
What can you find in this week's issue of investigative weekly newspaper Czech Insider?
Tak tedy ještě jednou: nikoliv Kuvajt, ale jižní Morava.
Tak tedy ještě jednou: nikoliv Kuvajt, ale jižní Morava. | Foto: Ondřej Besperát, Aktuálně.cz

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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KKCG sells key oil exploration subsidiary to Pakistan's PPL

Revealed - The flagship asset of Czech billionaire Karel Komarek's KKCG investment group is the MND oil company, whose operations are mostly located in southern Moravia.

Czech Insider has learned that MND is about to sell its key subsidiary, MND Exploration & Production (MND EP), to state-run Pakistan Petroleum Ltd (PPL). "The deal has practically been made," a source well informed about the transaction told Czech Insider... (read more here).

 

Russian expert: Idea of return to Afghanistan is "malign"

Foreign - "The idea of a return to Afghanistan is not only irrational, but outright malign," said Caspian Cooperation Institute director Sergey Mikheyev, who instead suggests stronger border patrols to prevent Afghan heroin and in the future also Islamic fighters from entering Russia.

Arsenal magazine editor-in-chief Viktor Murakhovsky agrees: "Russia must be prepared for any scenario after the international forces pull out in 2014." (read more here).

 

Govt plans to spend EUR 60mil/year to make electricity cheaper for big industry

Business - Thirteen months before the next general election, the current government and labor unions exchanged their views on what the former should do in the remainder of its term in office. Czech Insider has obtained documents presented by both sides in the discussion.

"It is not a coherent material, but a collage of wishes of three ministries," said Kovo labor union chairman Josef Stredula... (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.

 

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