Business
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EPH seen as favourite for major portfolio of brown coal energy assets in Germany
Czech energy group EPH teamed up with PPF Investments, the vehicle of the Czech Republic’s richest man, Petr Kellner, is said to be on the verge of another major…
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Business News
In this week’s Business News: breweries set records in 2015; central bank forced to intervene against firming crown in February; exporters say foreign sales boosted by up…
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Czech central bank not totally negative on negative interest rates
It’s no secret that the toolboxes of central banks are looking a bit empty these days. In the old days when economies were always on the up they could tinker with the…
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OKD mine owner argues state would save money if it saves pits from closure
A total bill for 33 billion crowns, that’s the estimate put on the costs of a crash of the hard coal mining company OKD.
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Czech space agency floated to boost local aerospace sector
Space today is much more of a civil than military frontier and, with one eye on its proud tradition in aviation, the Czech Republic is looking to get a bigger slice of the…
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US boss says Czech Republic should take centre stage as film location
The Czech Republic is trying to re-establish itself as a prime destination for international film and television projects. During his recent trip to the United States…
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Škoda biggest winner as record Czech car sales registered
March saw the highest ever number of new car sales in one month in the Czech Republic, according to figures just issued by the country’s Car Importers Association. Almost…
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Czech PM calls for probe into activities of Czechs on Panama Papers files
Prime Minister Bohuslav Sobotka has called on the Czech tax authorities to launch a thorough investigation into the activities of close to 300 Czechs who are among those…
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Czech cinemas rebound with buoyant audience figures
The Czech film industry is currently enjoying something of a renaissance. Last year, cinema operators sold nearly 13 million tickets, which is the highest number since…
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Czech economy sees record high budget surplus in first quarter
The budget surplus for the first quarter of this year was the highest in the history of the Czech Republic, reaching CZK 44 billion, according to figures released by the…
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Business News
In Business News: Statistics office confirms Czech economy grew by 4.3 percent in 2015; CEFC boosts stake in Travel Service to just under 50 percent; Škoda to double its…
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Slovakia replaces Croatia as top holiday destination for Czechs
Slovakia has become the most popular tourist destination for Czech tourists, overtaking Croatia. Some 837 thousand Czechs travelled to the neighbouring country in 2015 –…
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