Business
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Top business leaders accompany president on China trip in hopes of deepening commercial ties
Czech President Miloš Zeman’s trip to China appeared at risk with the ongoing government crisis; nevertheless, the head of state departed Thursday with a delegation of…
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Caritas holds conference on how families with dependent children need to be helped to escape…
Every fifth family with dependent children in the Czech Republic is financially poorly off, according to a new survey conducted for the Christian charity Caritas Czech…
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CEZ reports profits of almost CZK 9 billion in first quarter
The Czech state-owned energy giant CEZ has reported a net profit of CZK 8.7 billion for the first quarter of this year. This represented a 13 percent decline year-on-year…
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Tractor manufacturer reportedly eyeing ‘fertile ground’
The Brno-based tractor manufacturer Zetor Tractors is looking to tackle markets in Africa and the Middle East, according to the news site iDnes. The site reported on…
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Wine, cars, and..machine tools… Moldova seeks stepped up Czech cooperation to develop economy
Czechs are doing their bit to support economic and political development in the small and relatively poor Republic of Moldova, sandwiched between Romania and Ukraine. The…
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Škoda Auto seeks to launch vehicles with India’s Tata Motors
Škoda Auto is planning to make a comeback on India’s compact vehicle market. The Czech car maker is considering launching a mini-SUV and an entry level sedan in 2019, in…
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Central bank keeps interest rates on hold with rise seen later in year
The Czech National Bank said on Thursday that it would keep interest rates on hold at their current record low level of 0.05 percent. Officials also revised their outlook…
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Energo-Pro embarks on biggest hydro power project in Turkey
Czech power distributor Energo-Pro is set to complete the construction of the biggest private-owned hydro power plant in Turkey. The plant, situated in the south eastern…
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Czech farm sector faces serious shortage of workers
Czech agriculture is facing the worst shortage of labour in its history. The number of agricultural workers and students of secondary schools focused on agriculture…
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Czech wine growers count cost of severe frost
Czech wine growers say severe frost which occurred at the end of April is likely to cost them around half a billion crowns. A national association of winegrowers anounced…
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Czech beer sector sees all-round upturn
Czech breweries last year produced over 20 million hectolitres of beer, which is the biggest amount in the country’s history, according to the latest figures released by…
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Last uranium mine in Central Europe ceases operations after 60 years
The last uranium mine in Central Europe, the Rožná 1 mine at Žďár nad Sázavou in the Vysočina region, has officially ceased operations. Much of the uranium extracted in…
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