Business
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Czech companies start getting to grips with Industry 4.0 revolution
Revolutions promise change, the only problem being that the promised changes don’t always go to plan and rapid transformation often throws up its own batch of winners and…
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Czech dairy farmers seek to take greater control over their fates
Czech dairy farmers have little reason to be cheerful. Latest European Union figures show they are being paid the lowest prices for their raw product across the 28 EU…
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Fast track programme for Ukraine workers creates strain between Czech unions and bosses
In times of boom and for selected fields of employment the Czech Republic has frequently looked East to supplement its labour force. A decade or two ago, the target was…
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Czech arms industry exports up for fourth straight year
Although the official numbers will only be released by the Ministry of Industry and Trade in several months’ time, all indications are that 2016 was a very good year for…
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Big budget surplus turns into big headache
General satisfaction with the outcome of the 2016 budget, which ended with a surplus of 61.8 billion crowns, was short lived. Coalition parties are now embroiled in a…
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Czech firms showcase their innovations in Las Vegas
The world’s biggest showcase for consumer technology firms, tech heads, and those wanting to get a glimpse of the latest innovations, has just closed its doors. Some Czech…
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New hourly cut price hotel service to be launched
A successful French start-up called Dayuse, which sells hotel rooms with cut-price rates by the hour, is set to be launched in the Czech Republic in January, the daily…
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Public contributes 15 million towards new pipe organ for St. Vitus Cathedral
Just as the nation contributed to the reconstruction of the National Theatre in Prague after it was ravaged by fire in 1881, Czechs are being given the opportunity to…
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State scrambles to deal with bird flu outbreaks
The Czech Republic is the latest country in Europe to report the outbreak of bird flu. On Wednesday, Minister of Agriculture Marian Jurečka confirmed that the highly…
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State budget sees first surplus in over two decades
2016 was a very good year when it came to the state budget, which ended with a surplus of 61.8 billion crowns. The result is the best since the foundation of the Czech…
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All eyes on low crown exit scenario for 2017
The coming 12 months look fairly positive for the Czech economy with growth still expected to be strong and some room seen for unemployment to slide even further. But the…
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Retail mall development resumes in Czech Republic
Seven new or reconstructed shopping malls are set to open in the Czech Republic this year, which is twice as many as in the past two years, according to a report by real…
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