Business
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Construction of new D metro line to begin at Pankrác
Construction works on a long-delayed Metro line are set to begin soon. A planned new north-south link of the Prague metro, the so-called D route, will be launched at…
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State-owned brewery gets new top boss
Agriculture Minister Marian Jurečka has confirmed that the state-owned brewery Budějovický Budvar will be headed by Petr Dvořák, until now global brand director at rival…
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Inspectors point to errors of over CZK 100 billion in Ministry of Finance accounts
The Supreme Audit Office has uncovered inaccuracies amounting to over CZK 100 billion in the accounts of the Ministry of Finance for 2015. Officials say that shortcomings…
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It’s a car, it’s a plane… no, it’s an autogyro in the middle of Prague!
Nirvana Systems is a company based in Přerov, the Czech Republic, which for years has been building paramotors and kits and other gear for the sport of PPG – powered…
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ANO leader Andrej Babiš against euro-adoption, favours multi-speed Europe
ANO leader Andrej Babiš, who is widely expected to be the country‘s next prime minister, has said he is opposed to the Czech Republic adopting the euro and is against any…
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New Brno digital lab aims to spark innovation in region
The biggest digital laboratory in the Czech Republic has just opened its doors at the Jihomoravské inovační centrum (South Moravian Innovation Centre, JIC) in Brno…
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PM targets foreign companies over low Czech wages
Increasing wages, Prime Minister Bohuslav Sobotka has made clear, will be a key campaign theme for his Social Democrats in what is an election year; on Tuesday, he…
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Czech customers punish established banks
Nearly 15 percent of Czechs switched to a different bank last year to avoid paying high fees, the daily Hospodářské noviny reported this week. According to a new survey…
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Czech tourism sector seeks room and directions for greater success
The Czech tourism sector has something to celebrate following the announcement last week of record incoming visitors for 2016. But all is not rosy in the sector with some…
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Odometer fraud remains major problem, Czech Radio reports
Odometer fraud continues to be a major problem for buyers of second-hand cars in the Czech Republic. Past studies suggested that as many as 42 percent of vehicles sold…
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Record number of tourists reported for 2016 with most day-trippers
The Czech Republic saw a record number of foreign tourists in 2016, with no fewer than 31.1 million entering the country. That number represented a rise of almost 12…
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Blacklist of tax offenders rejigged after previous model proves ineffective
Under new legislation Czech entrepreneurs and firms suspected of not paying their taxes are liable to find their names on a tax authority blacklist. Those given the “…
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