Business
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Hotel chain planned for man’s best friend
A Czech-Slovak chain of pet shops, Pet Centres, is planning to open a network of dog hotels in the Czech Republic and Slovakia, the daily Hospodářské noviny reported on…
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Former central bank governor says wage rises of around 5 percent realistic
The recently retired governor of the Czech national bank has pitched into the debate about the current level of wage deals in the Czech Republic, which divides employers…
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Business News
In Business News this week: Škoda Auto seen rolling out four new models in 2017; Average wages rise by 3.9 percent in second quarter; Union groups call for hike in minimum…
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Calamity timber fells Lesy ČRs earnings
State-owned forestry company Lesy ČR is facing a serious bark-beetle infestation which has affected this year’s production of timber, the daily Hospodářské noviny reported…
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Czech jobless total continues to drop in August after July rebound
Czech unemployment figures continued with the downward trend in August with a drop to 5.3 percent from July’s 5.4 percent.
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Microsoft to open new software development unit in Prague
The US software company Microsoft has announced plans to open a new software development centre in Prague focused on customer relationship management. The company…
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Czech liquid gold to launch on South Korean market
Czech company Gold of Prague is taking some very ancient Czech beer brewing know how and transporting it lock, stock, and barrel, to South Korea. The beer market there…
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Average wages rise by 3.9 percent
Average monthly wages in the Czech Republic rose in the second quarter by an average of 3.9 percent year-on-year, the Czech Statistics Office reported on Monday. The…
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Crown loses shine for Czech corporate loans
When citizens or companies shun the domestic currency it’s often taken as a bad and worrying sign that local trust in it has crumbled altogether.
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Survey: Factors besides price increasingly important in e-sales
That more and more Czech consumers have gotten used to ordering items over the internet is not surprising but what has changed is that other factors than price are now…
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When your word is your bond
The new Czechoslovak state created from the debris of WWI understood one thing from the outset, that a fundamental factor in the prosperity and success of the new state…
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Business News
In Business News this week: Škoda Auto unveils new Kodiaq SUV in Berlin; Budget airline Ryanair planning two new routes from Prague next summer; ANO justice minister backs…
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