2005: Will the number of mobile telephones double?

Article Abstract:

Czech Republic: According to a study of Wood & Company, there will be 78 mobile telephones per 100 inhabitants in the Czech Republic in 2005. The Czech Republic would maintain its leading position before Poland and Hungary. The number of mobile telephones per 100 inhabitants is 42 in the Czech Republic, 30 in Hungary and 18 in Poland currently. According to the study, the lowest prices for mobile services are in the Czech Republic and the highest prices are in Poland.

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Finop Holding not to pay dividend

Article Abstract:

Finop Holding (FH) (Prague, Czech Republic), investment company, will not pay dividend for 2000. The company will leave its 2000 net profit of CEK 148 mil retained in its fund. In 1999 FH generated a net profit of CEK 1.2 bil. Its 2000 revenues amounted to CEK 49.68 bil. FH's chief shareholder is the bank CSOB (Czech Republic), which wants to offer the purchase of shares in Finop for CEK 550 per piece to minority shareholders in 2001.

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The budget deficit is bigger than last year

Article Abstract:

Czech Republic: According to the Finance Ministry, the state budget resulted in a deficit of CEK 28.8 bil as of 31 May 2001. In the same period of 2000 the state-budget deficit was CEK 13.5 bil. At end Apr 2001 it was CEK 16.8 bil. In late May 2001 budgetary incomes totalled CEK 230.6 bil and budgetary revenues reached CEK 259.4 bil.

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