Business
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Tatra turns corner and seeks expansion on civil trucks market
Vehicle producer Tatra is an iconic name in the Czech Republic and indeed in the world of car and truck production. The Czech company claims to be the second oldest car…
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Social Democrats weigh progressive tax options
Prime Minister Bohuslav Sobotka has made clear that his party, the Social Democrats (leading the current coalition government) would like to raise taxes on employees…
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Speculation over crown mounts but switch to euro still distant according to bank governor
Speculation is rising about the when and wherefore of the Czech crown’s exit from the low crown regime. But even amidst this uncertainty, according to central bank…
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Czech government and Škoda Auto outline electric dreams
Czech car companies and the government have not hitherto been in the forefront of moves to promote electric cars but now both appear to have changed directions. The…
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Czech energy regulator takes parting shot as changes loom
The unmistakable and controversial head of the Czech energy regulatory office (ERÚ), Alena Vitásková has taken what could well be a last parting shot at one of her main…
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Moser Glassworks celebrates 160th anniversary with special collection
160 years ago Ludwig Moser opened a glass-workshop and store in the West Bohemian town of Karlovy Vary. Today the Moser Glassworks is a world leader in glass making…
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Cool reception for Social Democrats’ bank tax proposal
The Social Democrats will campaign for October’s general election on a pledge to introduce a special tax on banks. Party leader Bohuslav Sobotka says the new taxes would…
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Facing long-term staff shortages, carmakers push for education changes
The Czech Republic’s auto producers and spare parts makers are currently lacking several thousand workers and expect to face the same problem for the rest of the decade…
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CzechTrade as Meeting Point matchmaker for exporters worldwide
CzechTrade, the government agency tasked with boosting Czech exports, has just gathered most of its around 50 top representatives from outposts all around the world…
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Czech economy slows despite increase in consumer spending
The Czech economy slowed last year despite an increase in consumer spending, Czech Radio reported on Tuesday citing new preliminary figures released by the Czech…
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Czech PM pledges shake up in mobile data market
A shake-up of the Czech mobile phone scene in which callers will no longer be held ransom for high prices by a threesome of big telecom operators. That is what the leaders…
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Consumer price inflation exceeds central bank’s target rate
Czech consumer price inflation accelerated unexpectedly at the start of the year, coming in above market projections and the Czech National Bank’s target rate. The 2.2…
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