Business
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Plot thickens over Prague D Metro line as city considers forced buy outs
The City of Prague is having trouble reaching agreements with property owners in buying up land needed for a planned 10.6 kilometres stretch needed for the construction of…
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Nigeria interested in Czech power technology and know-how
Czech Agriculture Minister Marian Jurečka is heading a Czech business delegation to Nigeria and Senegal with the aim of further developing political and economic relations…
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Cabinet approves welfare deal for OKD employees
The Czech government has agreed special social welfare payments for soon to be laid-off employees of the OKD mining company, which was declared bankrupt earlier this week.
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Czech ministry widens scope for companies to recruit skilled Ukrainians
The Czech Ministry of Industry and Trade on Wednesday announced that changes to its pilot project smoothing the way for qualified workers from Ukraine to get jobs in the…
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Czech economy displays growing pains
A raft of economic figures have come out in the last days giving a much clearer picture of how the Czech economy is faring in the first months of 2016 and going forward…
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ČEZ looks on bright side as electricity prices firm, first quarter income climbs
State-controlled electricity producer ČEZ has some reasons to be cheerful. It’s kicked off 2016 with net profits up by around a third at 10 billion crowns compared with…
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Czech workplaces some of worst in Europe for ‘mobbing’
The Czech Republic along with Finland and Austria lead the European Union when it comes to a specific type of bullying in the workplace, known as mobbing. The figures from…
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Business News
In Business News this week: CNB reports zero foreign currency intervention in March; Tax Freedom Day to come on June 2; twelve construction companies fined for cartel…
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Prague plays host to biggest toy shop in Central Europe
Prague has become the home of the largest toy store in Central Europe. This week the British chain Hamleys opened a new store in a former bank building in the centre of…
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Government upbeat on salvaging key transport projects
A special session of the lower house of parliament has put the spotlight on the country’s failure to push through new rules for evaluating the environmental impact of…
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Austrian furniture group seeks to Czech site for massive warehouse development
Austrian furniture retailer XXXLutz is aiming to build what would be the biggest warehouse so far in the Czech Republic. The planned development covering around 150,000…
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Gun sales rising sharply in Czech Republic
Gun sales in the Czech Republic have been rising fast in recent months, while the number of Czechs applying for licenses is also growing. Experts suggest this is a…
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