Business
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Czech publisher Albatros seals deal with Egmont
The biggest Czech publisher of children’s books has just agreed to acquire its nearest rival with an eye on the rights to international hits that should result from the…
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Business News
In this week’s business news: worker and management still far apart on wage rises at Škoda Auto; two Czech power companies but no ČEZ bid for German coal assets…
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Czech energy companies face off over Vattenfall German power portfolio
Two Czech energy companies Energetický a Průmyslový Holding (EPH) and Czech Coal have announced they submitted binding bids for Vattenfall's German assets. But the Czech…
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Transport sector faces challenge of low emissions future
The Paris Climate Conference in mid-December produced broad global targets for the world to avoid excessive warming for the first time ever. And one of the main sectors…
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Carmaker Škoda Auto reports record profit for 2015
The Czech Republic’s biggest carmaker Škoda Auto announced a record profit of around 19 billion crowns in 2015, a 6.5 increase from 2014. Overall sales over the same…
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ČEZ sees higher than expected 2015 profit but still suffers from low power prices
The Czech Republic’s biggest energy company ČEZ wound up what’s been a difficult 2015 with the announcement of its full year results on Tuesday. The good news is that the…
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Czechs anticipate second wave of Chinese investment
Details of the Czech visit of Chinese President Xi Jinping were officially announced on Monday. It’s pretty clear that the Chinese president on the first Czech official…
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Chinese investor plugs into significant Czech battery invention
Electricity storage is a massive missing link in today’s energy sector, but a Chinese investor is now willing to invest hundreds of millions of crowns in a Czech battery…
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Business News
In this week’s Business News: public tender bill wins lower house backing; profits from farm sector slump; Škoda Auto sets record February sales; inflation falls back in…
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Press: Salaries rising on back of economic growth
The growth in the Czech economy is increasingly reflected in the pay packets of the country’s workers, Hospodářské noviny reported on Thursday. The average increase is 4…
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EU programme to help Czech dairy farms export milk to Arab countries
An EU funding programme named Milky Way will make it easier for Czech dairy farms to export milk and milk products to Arab countries. According to a report by public…
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Czech construction sector seeks solid foundations for growth
The Czech construction sector is a symbol of the country’s economic resurgence just as it was of the years of recession after the financial crisis of 2008. Last year the…
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