Daily summary of the Czech economy: Komerční banka, CCS, Ticketportal and Mafra, Avast and QubitCyber (13 June 2025)

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Overview of the latest economic events in the Czech Republic

The Czech economy has seen several important shifts in the last 24 hours. The Czech koruna weakened against the euro to CZK 24.79 to the euro, down three cents from the previous close. In contrast, it improved against the US dollar to CZK 21.40/USD, holding at its strongest level in almost two years. The Prague Stock Exchange faced its fourth consecutive decline, with the biggest impact coming from the loss of Komerční banka shares, which led the downward trend. CEZ also suffered further weakness., which responded to the development of the European energy market.

There was a slight decrease in the fuel market. Natural 95 petrol now sells for an average of CZK 33.61 per litre, which is three cents less than a week ago. Diesel has become cheaper by five cents and costs on average CZK 32.03 per litre. CCS analysts expect rather moderate price increases in the coming days, due to fluctuations in oil prices and seasonal increases in demand.

Foreign investment

In the area of foreign acquisitions, the media group brought a major report Mafrawhich announced the sale of its stake in the company Ticketportal to an Estonian company Piletilevi PLG. Ticketportal is the largest ticket seller in the Czech Republic and Slovakia. The value of the transaction was not disclosed, but the acquisition marks a further expansion of the Estonian investor into the Central European market and consolidation of the ticketing industry. Mafra wants to focus more on its core media business in the future.

Another transaction was in the technology sector - Avast, a Czech antivirus software maker, finalized the buyout of the startup QubitCyber, which focuses on predictive cyber security. With this move, Avast strengthens its global position and responds to the growing threats in the field of artificial intelligence.

In the banking market, the planned merger between the Slovak branch of Raiffeisenbank and a Czech fintech company Twistoowned by the group Zip. The merger is expected to bring synergies in the area of online payments and expand the offer for clients in the V4 region.

In the field of energy EPH Group of entrepreneur Daniel Křetínský is bidding to buy the Italian assets of the group Enelincluding several gas-fired power stations. The move could expand the Czech company's portfolio and strengthen its position in the European energy market.

Significant events outside the Czech Republic with global impact

From a global perspective, the focus is on what is happening in the automotive industry. Tesla has begun testing its fully autonomous driving system in Europe. On social network X, the company shared a video of the busy streets of Rome. While customers are expressing interest, the system is awaiting official approval from European regulators. The technology has the potential to fundamentally transform the transport industry and also impact supply chains, which include Czech companies such as Valeo Czech Republic or Bosch Diesel Jihlava.

In Germany, the influence of traditional breweries is declining. According to the company's data BarthHaas Germany's top six beer producers remain in the global top 40, but total beer production is down 0.6 % year-on-year. This trend may also have an indirect impact on Czech exporters of hops and brewing technology, such as Budweiser Budvar or Staropramen breweriesthat have long been cooperating with the German market.

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