Business
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Prague back in spotlight for film shoots but big features still likely going elsewhere
Prague was a big hitter in the film world for around a decade until 2008, becoming a venue to shoot high cost feature films. But the shoots started going elsewhere when…
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Czechs expected to bet hundreds of millions of crowns on Olympic Games
The Summer Olympic Games in Rio kick off this coming Friday and, Czech Radio reports, for many Czechs the Games – with the motto of Stronger, Faster, Higher – will…
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Czech Republic sees highest mid-year budget surplus in its modern history
The Czech Finance Ministry posted a state budget surplus of 75.6 billion crowns at the end of July, up from 41 billion the previous month. The surplus is 50 billion crowns…
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Posted workers become new EU battleground
A protectionist measure or basic justice for workers. Those are the basic dividing lines over European Commission plans to draw up more stringent rules on so-called “…
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Business News
In Business News this week: OKD thrown 700 million crown lifeline; helicopter purchase tender ready for take-off; Forever 21 to launch in Czech Republic; audacious…
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Tradespeople up in arms over booming Jack-of-all-trades phenomenon
Czech tradespeople are up in arms over the increasing rivalry that plumbers, painters and electricians are getting from unqualified jacks-of- all trades who make a living…
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Bohempia aims to bring hemp back into the Czech textile business
A newly-established Czech firm is trying to bring hemp back into the Czech textile business. It produces T-shirts, socks, gloves and even sneakers out of hemp and is…
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Government approves investment deal with GE Aviation
The Czech cabinet has approved an investment deal with GE Aviation to build a CZK 9.5 billion factory to produce aeroplane engines in the Czech Republic. More than 500…
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HN: Turkish coup attempt could lead to CZK 12 billion loss for CR
The recent failed coup attempt in Turkey could cost the Czech Republic dear. A loan of CZK 12 billion from the Czech Export Bank linked to a power plant in the county is…
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Swopping views on how to deal with sharing economy
The sharing economy is one of those vogue terms that can perhaps best be explained by some of the concepts which have been made possible by the Internet, digital…
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National Bank says number of fake banknotes seized on rise
The number of fake banknotes found in circulation in the Czech Republic by counterfeiters is on a rise, Czech Radio reported on Tuesday - citing statistics released by the…
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Tripartite fails to reach consensus on minimum monthly wage
A meeting of the tripartite – government, union and employer representatives – failed on Monday to reach a consensus on increasing the country’s minimum monthly salary…
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