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CEFC China Energy
CEFC China Energy () was a Chinese conglomerate. The company was among the 10 largest private companies in China in 2014. In 2017, the company was listed as 222 on the Fortune Global 500. In March 2020, the company -- along with its subsidiaries CEFC Shanghai International and CEFC Hainan International -- was declared bankrupt. The company used a complex web of affiliated companies to facilitate fake deals, inflate trade figures, and obtain bank loans to fuel its aggressive expansion. Industries In 2014, the company generated revenue mainly from oil and gas (60%) and financial services (25%). It also operated in a wide range of other sectors like transport infrastructure, forestry, asset management, hotel management, warehousing services, real estate development and logistics services. A large portion of CEFC's assets were concentrated in overseas markets. Controlling shareholder The controlling shareholder was Shanghai Energy Fund Investment Ltd (SEFI), which was registered und ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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South China Morning Post
The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remained Hong Kong's newspaper of record since British colonial rule. Editor-in-chief Tammy Tam succeeded Wang Xiangwei in 2016. The ''SCMP'' prints paper editions in Hong Kong and operates an online news website. The newspaper's circulation has been relatively stable for years—the average daily circulation stood at 100,000 in 2016. In a 2019 survey by the Chinese University of Hong Kong, the ''SCMP'' was regarded relatively as the most credible paid newspaper in Hong Kong. The ''SCMP'' was owned by Rupert Murdoch's News Corporation from 1986 until it was acquired by Malaysian real estate tycoon Robert Kuok in 1993. On 5 April 2016, Alibaba Group acquired the media properties of the SCMP Group, including the ''SCMP''. In January 2017, form ...
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Týden
''Týden'' ( Czech: ''Week'') is a Czech weekly news magazine which focuses mainly on news and news analysis. It has been in circulation in 1994. History and profile ''Týden'' was founded in 1994 and soon became part of the Axel Springer AG media. Four years later, the magazine was bought by Ringier, a Swiss publishing house which in turn sold it to the current owner, Swiss entrepreneur Sebastian Pawlowski. The publisher of the magazine, based in Prague, is Empresa Media, A.S. Coming out every Monday, the over a hundred pages of ''Týden'' are structured into five main sections – News, World, Business, Culture, and Modern Life. The magazine offers regular supplements and extras, such as bank of the year, cars, investments, living, information technology, etc. The magazine has a format similar to that of '' Focus'' magazine. The editor-in-chief An editor-in-chief (EIC), also known as lead editor or chief editor, is a publication's editorial leader who has final responsibili ...
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TV Barrandov
TV Barrandov is a Czech television channel, launched in 2009. It was founded and started to broadcast in 2009. It currently broadcasts in Czech. In 2015 after Chinese company CEFC China Energy invested in TV Barrandov's parent company Empresa Media, the tone of TV Barrandov's coverage of China changed with all neutral and negative reporting about China being replaced by positive reporting. Foreign programs * ''True Blood'' * ''Teen Wolf'' * ''Gossip Girl'' * '' The Originals'' * ''Pretty Little Liars'' * ''T@gged'' * ''Light as a Feather'' * ''Once Upon a Time'' * ''Riverdale'' * ''Killjoys'' * '' Fear The Walking Dead'' * ''The Vampire Diaries'' * '' The Walking Dead'' * ''Breaking Bad'' * ''Arrow'' * '' Matlock'' * ''Pokémon (an abbreviation for in Japan) is a Japanese media franchise managed by The Pokémon Company, founded by Nintendo, Game Freak, and Creatures, the owners of the trademark and copyright of the franchise. In terms of what each of thos ...
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Na Příkopě
Na příkopě (literally "On the moat"), informally also ''Na Příkopě'', ''Na Příkopech'' or ''Příkopy'', is a street in the center of Prague, Czech Republic, connecting Wenceslas Square with the Republic Square. It separates the Old Town from the New Town. It is a place of representative buildings including the headquarters of the Czech National Bank, old palaces and luxurious shops. Na příkopě is the most expensive street among the all states of the V4. In 2019, with the amount of rent 2,820 euros (72,478 CZK) per square meter per year, ranked on 18th place among the most expensive shopping streets in the world. History Na Příkopě street leads on the site of former 10-meter-wide and 8-meter-deep moat from 1234, which led along the medieval walls of the Old Town. Water flowed directly from the Vltava river and when the moat was filled, the Old Town formed a closed island. The moat was covered in 1760. After covering, chestnut trees were planted here and the stree ...
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Živnostenská Banka
Živnostenská banka (also known under acronyms ŽB or ZIBA) was a major commercial bank operating in the Czech Republic. In 2002 it became a member of the Italian UniCredit, UniCredit Group. In 2006 it was merged with HVB Bank and the new merged bank was renamed UniCredit Bank Czech Republic. History Živnostenská banka was established in 1868 as a joint stock company focusing on the financing of Czech small and medium–sized enterprises (SMEs). It was the first bank in the Austro-Hungarian Empire to be financed entirely by Czech people, Czech capital, and had as its aim supporting the development of newly established Czech businesses. The bank also sought the deposits of small savers: tradesmen and owners of small Czech companies. ZIBA became the umbrella organization of a network of small Czech savings and loan associations. Prior to the World War I, ZIBA took a minority holding in Serbian Credit Bank. Just before the outbreak of World War I, ZIBA had 1,068 employees, 11 bra ...
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Prague
Prague ( ; cs, Praha ; german: Prag, ; la, Praga) is the capital and List of cities in the Czech Republic, largest city in the Czech Republic, and the historical capital of Bohemia. On the Vltava river, Prague is home to about 1.3 million people. The city has a temperate climate, temperate oceanic climate, with relatively warm summers and chilly winters. Prague is a political, cultural, and economic hub of central Europe, with a rich history and Romanesque architecture, Romanesque, Czech Gothic architecture, Gothic, Czech Renaissance architecture, Renaissance and Czech Baroque architecture, Baroque architectures. It was the capital of the Kingdom of Bohemia and residence of several Holy Roman Emperors, most notably Charles IV, Holy Roman Emperor, Charles IV (r. 1346–1378). It was an important city to the Habsburg monarchy and Austro-Hungarian Empire. The city played major roles in the Bohemian Reformation, Bohemian and the Protestant Reformations, the Thirty Year ...
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SK Slavia Prague
Sportovní klub Slavia Praha – fotbal (Sports Club Slavia Prague – Football, ), commonly known as Slavia Praha or Slavia Prague, is a Czech professional football club in Prague. Founded in 1892, they are the second most successful club in the Czech Republic since its independence in 1993. They play in the Czech First League, the top division in the Czech Republic. They play the Prague derby with Sparta Prague, the most important and heated rivalry in Czech football. Slavia has won 21 titles, several Czech cups, and the Mitropa Cup in 1938. The club has won seven league titles since the foundation of the Czech league in 1993. They have also reached the semi-finals of the 1995–96 UEFA Cup and qualified for the 2007–08 UEFA Champions League group stage for the first time in their history. In 2019, Slavia reached the quarter-finals of the 2018–19 UEFA Europa League and also qualified for the 2019–20 UEFA Champions League group stage for the second time in their histo ...
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Travel Service (airline)
Smartwings, a.s. (formerly ''Travel Service, a.s.'') is a low-cost leisure Czech airline, with its head office on the property of Václav Havel Airport Prague in Ruzyně, 6th district, Prague. It is the biggest airline in the Czech Republic and it operates scheduled and chartered flights, mainly to leisure destinations, and also wet and dry leases its aircraft to other airlines. It also owns 30% of Czech Airlines, and has subsidiaries in Poland, Hungary and Slovakia. History Smartwings was founded in 1997 originally under the name Travel Service and focused on operating charter flights mainly for Czech tour operators. Its first airplane was a Tupolev Tu-154M. In the year 2000 Travel Service received its first Boeing 737-400. Since then the airline has been operating a mainly Boeing fleet. In 2004, Travel Service launched its low-cost brand Smartwings. Travel Service leased two Boeing 737-500s from Lufthansa which were primary intended for Smartwings flights. Both aircraft ...
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Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The Czech Republic has a hilly landscape that covers an area of with a mostly temperate continental and oceanic climate. The capital and largest city is Prague; other major cities and urban areas include Brno, Ostrava, Plzeň and Liberec. The Duchy of Bohemia was founded in the late 9th century under Great Moravia. It was formally recognized as an Imperial State of the Holy Roman Empire in 1002 and became a kingdom in 1198. Following the Battle of Mohács in 1526, the whole Crown of Bohemia was gradually integrated into the Habsburg monarchy. The Protestant Bohemian Revolt led to the Thirty Years' War. After the Battle of White Mountain, the Habsburgs consolidated their rule. With the dissolution of the Holy Empire in 1806, the Cro ...
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Czech National Bank
The Czech National Bank, ( cs, Česká národní banka, ČNB) is the central bank and financial market supervisor in the Czech Republic, headquartered in Prague. It is and a member of the European System of Central Banks. It was established on from the division of the State Bank of Czechoslovakia as part of the process of dissolution of Czechoslovakia, together with the National Bank of Slovakia. In accordance with its primary objective, the CNB sets monetary policy, issues banknotes and coins and manages the circulation of the Czech koruna, the payment system and settlement between banks. It also performs supervision of the banking sector, the capital market, the insurance industry, pension funds, credit unions and electronic money institutions, as well as foreign exchange supervision. Overview of the Czech National Bank Mission The primary objective of CNB as stated in the Act on the Czech National Bank and the Constitution of the Czech Republic is price stability. T ...
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J&T Finance Group
J&T is a Central European investment group founded in 1993 in Slovakia. It operates in the private equity and banking sectors, the largest portion of the value of its investments being in the Czech Republic and Slovakia. J&T invests mainly into the financial services, energy sector, real estate, health care, media and sports. Together with the Penta Group, it is the biggest investment group in Slovakia. In 2010, J&T Finance Group achieved a net profit of €85.0 million (down from €116.0 million in 2009) and total consolidated equity of €729 million. The group’s assets amounted to €3.8 billion and an additional €1.6 billion was managed through asset management services provided to the group’s clients, ranking J&T among the top financial investors in Central and Eastern Europe. In the Czech Republic, J&T was the subject of the Tuscany Affair ( cz, Toskánská aféra). The name of the company is derived from the family names of its two founders Ivan Jakabovič and Pa ...
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