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(From Czech News Agency)
PRAGUE, Aug 1 (CTK) - The largest Czech hotel chain Orea plans to expand to foreign markets, mainly Austria, Italy and Bulgaria, and wants to take a loan to finance its plans, weekly Euro says in its latest issue coming out on Monday.
In order to boost its credibility, the limited-liability company will be transformed into two joint-stock firms Orea Hotels and VN 17 as of September.
The move should secure better and easier access to ...