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Cheap Books Are Bankrupt

Summary by Novinky.cz
The company Levné knihy, which specializes in selling mainly discounted literature, decorations and office supplies, but also publishes some titles, is in insolvency proceedings. It has asked the insolvency court to declare it bankrupt and declare its assets bankrupt. Its debts have climbed to 133 million crowns.

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The company Levné knihy, which specializes in selling mainly discounted literature, decorations and office supplies, but also publishes some titles, is in insolvency proceedings. It has asked the insolvency court to declare it bankrupt and declare its assets bankrupt. Its debts have climbed to 133 million crowns.

The company Levné knihy has filed for bankruptcy, according to which it owes approximately 133 million crowns. It stated that it was affected by the Covid-19 pandemic and also by inflation after the start of the all-out Russian aggression in Ukraine. It proposes that the court declare bankruptcy for its assets. The Municipal Court in Prague opened insolvency proceedings on Friday, March 6.

The Levné knihy network, one of the best-known sellers of cheaper literature in the Czech Republic, has found itself in insolvency. The company filed for insolvency against itself and stated that its debts amount to approximately 133 million crowns. The Municipal Court in Prague opened insolvency proceedings on Monday, according to the insolvency register.

The company Levné knihy is insolvent. It filed a petition against itself, according to which it owes approximately 133 million crowns. It stated that it was affected by the Covid pandemic and also by inflation after the start of Russian aggression in Ukraine. It proposes that the court declare bankruptcy for its assets. The Municipal Court in Prague opened a...

Prague - The company Levné knihy is insolvent. It filed a petition against itself, according to which it owes approximately 133 million crowns. It stated that it was affected by the Covid pandemic and also by inflation after the start of Russian aggression in Ukraine. It proposes that the court declare bankruptcy for its assets. The Municipal Court in Prague opened insolvency proceedings today, according to the register.

The well-known bookstore brand with literature on sale, Levné knygy, is having financial problems. It explains them by the pandemic and the inflationary shock after the start of the war in Ukraine.

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Novinky.cz broke the news in on Friday, March 6, 2026.
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