Business
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Tourism associations: Higher VAT returns for visitors would boost spending
The number of Chinese visitors to the Czech Republic has been rising fast in recent years. Now Czech tourist industry groups want to encourage them and other non-EU…
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Business News
In Business News this week: Robert Bosch gets incentives for České Budějovice expansion; Czech Republic seeks balanced trade with China; growth eases in third corner; PPF…
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Household appliance producer Eta makes comeback
Eta, the iconic Czech household appliances producer, lost its way but now appears to be on the comeback trail with a range of new designs and an expanded product range…
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Czech government seeks to ease residency for foreign investors
The Czech government is readying to debate a proposed amendment which should make it easier for foreign investors, planning significant investment in the Czech Republic…
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OKD targets former owner’s billions as restructuring plans still up in air
A large part of cigar smoking Czech multi-billionaire Zdeněk Bakala’s fortune could go up in smoke.
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Czechs take more responsible approach to EU funds
The pairing of fraud and EU funds is not being heard so frequently in the Czech Republic these days with suggestions that the country has learnt some of the lessons from…
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China Investment Forum seen as opportunity to boost further investment in Czech Republic
This Monday saw the start of the China Investment Forum in Prague, billed as a key platform for building future business ties. Organisers, the Czech-Chinese Chamber for…
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Czech billionaires teaming up in bid to buy country’s top brewery
Two Czech billionaires have teamed up in an effort to buy the country’s top brewery, Plzeňský Prazdroj, according to Hospodářské noviny. The country’s wealthiest man, Petr…
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Business News
In Business News this week: Agrofert companies under scrutiny; Czech Railways in dumping probe; Czech steelmakers protest Chinese imports; bumper tourist season; inflation…
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Brno council launches tender for cheap mobile services and Internet for its citizens
The massive price differences offered by mobile phone companies to corporate clients, who can then pass them on to employees, and those charged to the man in the street…
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St. Martin‘s wine est arrivé!
November 11th, or St. Martin’s Day, has always been associated with the first snow reflected in the popular saying “St. Martin arrives on a white horse”. In recent years…
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IKEA tables increased turnover, seeks Internet expansion
Czech sales of Swedish furniture giant Ikea have climbed by nearly 10 percent in 2016. The biggest player on the Czech furniture market posted sales of 9.3 billion crowns…
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