Komarek to invest in Georgia's oil

Czech Insider

20. 8. 2012 11:00

What can you find in this week's issue of investigative weekly Czech Insider?

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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Czech billionaire Komarek plans giant investment into Georgia oil

Business - Czech billionaire Karel Komarek's firms produce oil in several countries, including the Czech Republic itself.

However, his oil firm MND's main focus is on the Russian market.

From this perspective, Komarek's latest move - to spend two billion crowns to explore oil deposits near Georgia's Tbilisi - may be seen as rather risky... (read more here)

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Schwarzenberg: Revival of scrapped US anti-missile shield "not likely"

Revealed - US Republican presidential candidate Mitt Romney criticized what he called "the sudden abandonment of friends in Poland and the Czech Republic" by President Obama, in a reference to Obama's scrapping of the US anti-missile shield project in 2009.

According to The Washington Post, if Romney wins the November election, he could even try to revive the anti-missile defense project... (read more here)

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Rebellion against Prague Mayor Svoboda over DPP

Behind the scenes - The removal of Prague Public Transit Company (DPP) director Vladimir Lich from office is the beginning of an open rebellion against Prague Mayor Bohuslav Svoboda (ODS).

Lich was one of the mayor's men, whose job was to reorganize the Prague-owned firm whose reputation was badly damaged by numerous corruption affairs and allegations from the era of previous director Martin Dvorak... (read more here)

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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 subscription here or try a 14-day trial version.