Pátek, říjen 03, 2008

Shattered into Pieces

In perhaps the first, and largest, fallout from the financial crisis, glass-making group Bohemia Crystalex and Porcela Plus entered bankruptcy proceedings Sept. 22.

Crystalex’s troubles became apparent to outsiders when electric company ČEZ shut off power in Crystalex plants for one hour Sept. 18 as a warning for hundreds of millions of crowns in unpaid electric bills. (The Prague Post)