Business
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Government expected to approve ‘smart transportation’ plan
Over the next four years, Czech highways and roads (but also railway routes and waterways) will be equipped with thousands of new electronic sensors and other devices…
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Czech Trade Inspection Authority fines sellers more than four million crowns in Q1 for questionable…
More than four million crowns in fines were handed down to retailers by the Czech Trade Inspection Authority in Q1 of 2016. On Monday, Czech Radio reported that the bureau…
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GE eyes motors plant for drones, light aircraft
Plans by one of the units of worldwide manufacturing colossus General Electric to site a new factory in the Czech Republic are taking shape, according to the business…
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Business News
In this week’s Business News: police seek charges over Blanka tunnel; Czechs bet on future; fewer jobless and more jobs; state debate loans for miner OKD; and the central…
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Czech Republic seeks to ease some Slovak worries over gas pipelines
Czech and Slovak ministers of industry met in Prague to discuss one the main issues that concern them both: energy security and the possible risks that some of their gas…
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Industry and Trade Minister says state should lend OKD mining company one billion crowns
Industry and Trade Minister Jan Mládek has said that the bankrupt coal mining company OKD should be lent one billion crowns. On Tuesday, the country’s finance minister…
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Prague ‘summit’ puts spotlight on Single Market shortcomings
The European Single Market is one of the achievements of the political and economic partnership that is the EU. But many companies and some governments now feel short…
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Škoda Auto mulls drive into US market
Czech car maker Škoda Auto is considering entering the US market, the German business daily Handelsblatt wrote this week. The move comes as its German owner Volkswagen…
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Czech Republic climbs competitiveness rankings in IMD survey
One of the top business schools in the world, Switzerland’s IMD, has recently completed its annual competitiveness rankings of countries around the world. And the good…
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Business News
In Business News this week: State budget surplus for May the best since 1993; Economic confidence falls according to PMI index; Number of grocery stores in Czech Republic…
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Czech town of Hodonín seeks to put itself on global map as international transport hub
Pipedream or reality? The idea of turning some of the major rivers in the Czech Republic into short cuts for transporting goods from Asia to the main seaports of Northern…
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Czechs take plunge with pool purchases
Czech swimming pool retailers see a growing demand in private swimming pools, the daily Hospodářské noviny reported on Friday. The Czech Republic already belongs among…
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