Business
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Share of foreign supermarket chains on Czech retail market exceeds two thirds
The share of foreign supermarkets on the Czech retail market has exceeded two thirds, which is the highest figure among all central European countries. The overall number…
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Tomáš Bata’s town wants to revive the art of traditional shoemaking
The art of traditional shoemaking is slowly disappearing in the Czech Republic. The town of Zlín, home to footwear mogul Tomas Bata, is now trying to revive the tradition…
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Mortgage rates hit record low as Prague property prices reach new high
The average mortgage rate in the Czech Republic has reached a new record low, falling below the 2.0 percent mark for the first time. At the same time, the price of…
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Prague among most popular destinations on Airbnb
Prague has become one of the most popular destinations among Airbnb travellers. More than 10,000 people in the Czech Republic are currently offering their rooms or flats…
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Foreign workers still face widespread abuse on the labour market
There are presently over 460,000 foreigners living and working in the Czech Republic and tens of thousands more who are here illegally. Their status, poor Czech or lack of…
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Massive renovation of country’s train stations to begin in summer
This summer will see the largest renovation project of its kind in the Czech Republic – the renovation of the country’s main train stations, many in marked disrepair…
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Czechs increasingly using mobiles for online shopping
Czech consumers are increasingly shopping online, with overall revenues predicted to reach almost CZK 100 billion this year. What’s more, though Czechs currently lag…
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Water saving grants take shape at environment ministry
A new programme of grants to encourage local councils and individuals to save water is being pieced together by the Ministry of Environment with an eye towards the…
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Business News
In this week’s Business News: Czech exporters highlight skills shortfall; Moody’s say Czech rating not under threat; hops exports shrivel in drought; Škoda Auto-Volkswagen…
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Prague seeing shortage of flats on real estate market, says financial daily
The Czech Republic is facing a shortage of flats on the real estate market, according to financial daily Hospodářské noviny. Most acutely affected, the paper writes, is…
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Trans-Atlantic trade deal face race against clock and rising Czech criticism
TTIP, short for the Trans-Atlantic Trade and Investment Partnership, is not a topic which makes many headlines in the Czech Republic or excites much debate outside the…
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Czech bed gets cameo role in US hit series
A hospital bed manufactured by Czech company Linet has made a striking appearance in the popular US television series House of Cards, when it was used by Kevin Spacey in…
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