Prague  - An engine driver died Monday after his locomotive collided with a stationary commuter train in the eastern Czech Republic, an official said.

Dusseldorf  -  Arcandor, the big German retail group, is planning to set up department stores in Rus

Prague  - The Czech economy slowed down in the first quarter of 2008 to show 5.4 per cent year-on-year growth compared to 6.6 per cent in the previous quarter, according to preliminary government d

Prague  - The Czech power giant CEZ recorded a net profit of 15.7 billion koruny (973.3 million

Prague  -   A plane operated by a Norwegian low-cost airline made an emergency landing at Prague

In order to gain a strong foothold in the European market, Air conditioner coil maker Lloyd Electric and Engineering Ltd has made announcement about the acquirement of Czech customised finned heat exchangers maker Luvata Czech through a special purpose vehicle.

However, the company has not disclosed the financial details of the deal up till now.

Lloyd Electric & Engineering is the maker of condenser coils and evaporator coils. Its products are used in window, package, automotive and split air-conditioners. The company also supplies products to lots of original equipment manufacturers.