In Business News this week: OKD thrown 700 million crown lifeline; helicopter purchase tender ready for take-off; Forever 21 to launch in Czech Republic; audacious proposal for planning permissions; and interior ministry held to account.
OKD offered 700 million to keep mining operations going
Helicopter tender likely to be open to only EU and NATO bidders
The Czech Republic is planning to buy 12 military helicopters at a cost of around 10 billion crowns, Prime Minister Bohuslav Sobotka said on a visit to a helicopter base in Náměšť nad Oslavou on Tuesday. The new aircraft will replace existing Russian ones and only firms from NATO and EU states are likely to be allowed enter the tender process. The state will also put over 500 million crowns into renovating the base in Náměšť nad Oslavou, a process that should be completed in 2018, according to Mr. Sobotka.
US fashion firms seeks Prague store launch
Proposal to drop planning permission for houses
Czechs will be able to build houses without having to acquire planning permission according to a plan put forward by the minister of regional development, Karla Šlechtová, iHned.cz reported. Under her proposal, people would just have to register a declaration of intent to build with their local authority. At present that is possible only for structures of 150 square metres or less. Minister Šlechtová’s plan is contained in a draft amendment to the building law, which the government is expected to consider in around a month’s time. If approved, it would come into effect next year.