Business News round-up: Česká Spořitelna sees net profit drop in 2015; Škoda Auto has 60 percent brand loyalty says board chairman; Close to 100 Czech construction projects at risk; Conference marks opening of branch of European Investment Bank in Prague.
Česká Spořitelna sees net profit drop in 2015
Ombudswoman: Lower minimum wage for disabled pure discrimination
The ombudswoman, Anna Šabatová, has asked the Constitutional Court to overturn a government decree setting a lower minimum wage for people on disability benefits. At present the minimum monthly wage for the disabled is 9,300 crowns, 600 crowns less than for able-bodied employees. Ms. Šabatová described the state’s approach as pure discrimination. She called on labour inspectors not to wait for the verdict of the Constitutional Court but to immediately force employers to create equal conditions for all employees.
Škoda Auto has 60 percent brand loyalty says board chairman
Governor of South Moravia: Close to 100 Czech construction projects at risk
A total of 98 transport construction projects in the Czech Republic worth 130 billion crowns in total face problems in drawing EU subsidies, according to the governor of South Moravia Michal Hašek. Previously officials said 64 construction projects worth 90 billion were endangered. The EU requires new Environmental Impact Assessment studies (EIA) for these projects, which will delay their construction and the drawing of EU subsidies. The Czech Republic is negotiating a special regime for the projects in question with the European Commission. In case the talks fail, Hašek has proposed an alternative solution in drawing subsidies for regional rail and road projects for which EIA is not required.