Business
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News site: Transfer of ownership of train stations to put focus on outlets’ contracts
Following the transfer of around 1,500 train stations around the Czech Republic to a new owner later this month, the focus won’t just be on the state of the buildings…
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Czech and Polish tour operator marriage promises major changes on local market
The marriage of Czech and Polish tour operators Čedok and Itaka looks like creating a formidable negotiating force on the regional market faced with airline operators and…
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Business News
In this week’s Business News: mining company OKD heads for restructuring; hop crop seen rebounding; unemployment back on the up; Cobra delivers on tax evasion clampdown…
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Czech Marks & Spencer stores to open food only outlets, go back to basics
British based retailer Marks & Spencer announced this week that it will open food-only outlets in the Czech Republic.
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Sifting of OKD creditors’ claims sets stage for key decisions about mining firm
The battle over the future of hard coal mining company OKD has just got a lot more complicated and bitter.
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Jablonec still jewel in Czech crown for glass and jewellery production
The Czech jewellery and glass industry is still inextricably linked with the north Bohemian city of Jablonec nad Nisou although the business has gone through a tough…
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ČEZ sees slide in second half results and ongoing nuclear problems
Falling electricity prices and more outages from nuclear plants was the rather sombre takeaway from Czech electricity producer ČEZ’s half year results on Tuesday.
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Second solar power boom beckons in Czech Republic
Solar power proved a major and expensive turnoff for the Czech state and many Czechs after a misguided and rigid set of incentives were introduced almost a decade ago that…
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Czech consumer boom continues but could be easing slightly
For quite a long time now the question has been posed when will the Czech consumer boom show signs that it is losing its legs. No time soon appears to be the reply from…
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Business News
In Business News this week: first half homes loan figures set new record; central bank raises growth expectations for 2016; new car sales ease in July for first time this…
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Ministry wants farmers to contribute to new drought fund
The Ministry of Agriculture wants Czech farmers to put something by for a dry day instead of just relying on the state to compensate them whenever there is a drought…
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Ice cream made from pungent “tvarůžky” cheese a first
Enjoyment of the Czech speciality Olomoucké tvarůźky (also known as syrečky) – the pungent soft yellow cheese made in Olomouc is probably best described as an acquired…
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