Business
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Energy saving construction sector seeks active steps to boost passive buildings
The Czech Republic was a latecomer to the market for energy saving houses and buildings, so called passive developments. By most accounts it was Germany and Scandinavia…
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Hard coal mining company OKD files for insolvency
The OKD hard coal company, belonging to New World Resources which is in controlled by the by the so-called Ad Hoc Group, filed for insolvency on Tuesday; the move had been…
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Double digit pay rises make waves in state and private sectors
Wage increases of 10 percent, way ahead of inflation, are now being pledged by some political parties for Czech health workers as well as teachers. And such sizable…
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Agencies say time ripe for those looking for temp work
With the summer holidays two months away, personnel agencies say the time is ripe for students and others to being applying for temp work, as firms ready to bolster…
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Business News
In Business News this week: OKD warns of insolvency declaration; Tatra lands massive order for Egypt and Jordan; Direct Fly plane maker to shift production to China…
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Rail travel between Prague and Brno to accelerate from December
Train travel between the two largest Czech cities, Prague and Brno, should be faster from December. Planned changes will shave five minutes off that journey, while rail…
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Study arms Czech government in support of EU-US trade deal
Around two weeks ago we reported on how various Czech groups were putting pressure on the Czech government regarding its stance over the Trans-Atlantic Trade and…
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Endgame plays out over fate of OKD mining company
The endgame now appears to be playing out for the Czech Republic’s biggest hard coal mining company, OKD. Key shareholders have warned that if there is no deal fast with…
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Press: Lack of qualified staff seen as main threat to company growth
Czech companies regard a shortage of qualified staff as the biggest threat to their growth potential. In response they are looking to make hires in other countries and are…
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Humpolec named best town for business
The town of Humpolec, in the Czech-Moravian highlands, has come first in an annual competition called Město Pro Byznys (Best Town for Business) organized by the weekly…
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Czech ministry seeks to highlight domestic benefits of TTIP deal
The Transatlantic Trade and Investment Partnership is headline news at the moment with US president Barack Obama in Germany to give the proposed EU-US deal his backing as…
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Business News
In Business News this week: Škoda workers to see record pay increase; Prague apartment prices hit record high; mortgages hit all-time low.
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