Business
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Czech Republic becoming a world leader in contactless payment for public transportation
The Czech Republic is undergoing a revolution in the way passengers pay for public transportation services, writes news site idnes.cz. Around 2,000 bus and tram services…
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Křetínsky’s EPH to buy two gas fired power plants in Great Britain
Energetický a průmyslový holding, or EPH, is gearing up to buy two gas fired power plants in Great Britain through daughter company EP UK Investments, the Czech News…
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Rekola four years on: Bold pink bikes in the public space capture imagination of cyclists from…
What began as Rekola, the NGO, is now an NGO-slash-successful socially-conscious business. If you need to get quickly from A to B in Prague or a number of other Czech…
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Siemens outlines massive investment plans for Czech Republic
The Czech Republic is the target for a massive expansion by one of Germany’s flagship firms, technology and engineering company Siemens. The type of investment is exactly…
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Government pushing for agreement with car makers which would boost sales of electric cars
Following a promo campaign in its Holešovice showroom the biggest Czech e-shop Alza.cz has just launched the sale of electric cars. The company says it firmly believes…
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Modern technologies predicted to cost around half of current Czech jobs
Digitilisation and the increased use of robots in industry could lead to the loss of more than half of all the jobs in the Czech Republic, according to former prime…
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Financial daily: Czech trade unions plan to sell Prague HQ
Czech trade unions are planning to sell their headquarters in the Czech capital, a building from the 1930s in the Prague-Žižkov neighbourhood, the price of which is…
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Metrostav builds up foreign market
The Czech Republic’s biggest construction firm Metrostav has been expanding abroad to compensate for the lack of contracts at home, the daily Hospodářské noviny reported…
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Czech towns and cities go with the flow and look to buy out foreign water companies
In the late 1990s and following decade there was a sort of gold rush in the Czech Republic. But what the foreign prospectors were panning for was not gold but water itself…
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Construction companies look forward to 2.7 percent growth this year
Construction companies are often regarded as a litmus test of the local economy. But in the Czech case the test comes up somewhat short. While many sectors, especially…
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Major Czech operators end roaming surcharges as EU deadline draws near
The Czech mobile phone operators T-Mobile and Vodafone have just introduced roaming services that cost the same as domestic usage within the European Union. The country’s…
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Shrunken Czech steel sector sees rebound in sales and profit but still fears cheap imports
The Czech steel industry this week permitted itself a bit of navel gazing with a conference dedicated to its present and future hosted by the Ministry of Industry and…
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