Czech Airlines will is state owned and management going to prepare privatization, after succesfull sale of several division. Market situation is not healthy for airline sector and only several airlines companies are good in profits. One of them is Aeroflot secured by Russian Government which owns 51 per cent of Aeroflot.

Russian Goverment find out same possibilities as oil (petrol) rich countries like Saudi Arabia and Emirates. They can even be more profitable with services which is extremely demanding on oil like Airlines.

So Aeroflot will propably apply for buing CSA in near future. Czech goverment surely will not wait to next election , they try to earn some pocket money now.

Nassef Sawiris agrred to sale his Orascom Cement with subsidiaries in Egypt, India, Pakistan, Turkey, Algeria, Iraq, Spain and Nigeria. He will gain also stake in Lafarge Cement up to 11,4%. Probably other Orascom companies will be for sale soon also.

From time to time you can see wonderfull business offers like this one. On web page sheremetcargo.com are there 287 pcs of Nikon D80 18-135mm for 480 Euros. But if you look closer to this site – owner of the domains is registrated in California on B.O. BOX for name P. Karna.

If you have some bad experiences, just write me

Laksmi Mittal recommend at one of his speeches: “I have just finished reading a very interesting book called Built to Last, by Jim Collins and Jerry Porras. It is essentially about the world’s most successful and visionary companies. Those that have stood out consistently over their peers
over the course of time. It is interesting that one of the defining attributes of these most successful companies is their ability to succeed in the long-term. Very few of the world’s biggest and most admired companies have experienced a one-way journey to success. Many, if not all of them, have faced challenges and obstacles in their road to longevity. Similarly all industries and sectors face their own challenges as the economy and the world develops around them. Certainly in the past few decades steel has gone through its fair share of difficult times, but it is testament to the resilience of the sector that we have survived. If such thinking were to extend to industries as well as companies, then surely steel should continue to re-invent itself to play a role in the modern economy and in the modern world.”

This is shortlist of books which qualify for Business Book of the Year Award

Zoom: The Global Race to Fuel the Car of the Future
Iain Carson and Vijay V Vaitheeswaran (Twelve/HGB USA)

The Last Tycoons: The Secret History of Lazard Frères & Co
William D Cohan (Doubleday)

The Age Of Turbulence: Adventures in a New World
Alan Greenspan (Allen Lane)

Immigrants: Your Country Needs Them
Philippe Legrain (Little, Brown)

The Black Swan: The Impact of the Highly Improbable
Nassim Nicholas Taleb (Allen Lane)

Wikinomics: How Mass Collaboration Changes Everything
Don Tapscott & Anthony D Williams (Atlantic) UK

This blog is dedicated to world of Orascom, the biggest company in “third world” countries. It will brings comments to latest activities and investment opportunities. Orascom now probably start investing in east europe, with setting up new domain names in Czech.