Business
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Czechs spent one-fifth more using credit cards than last year, financial daily reports
According to the financial daily Hospodářské noviny, Czech consumers last year spent one-fifth more using payment cards. The number of venues where it is possible to shop…
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Czech Republic seeks to bypass threats to major construction projects
The Czech Republic is facing a major problem due to the fact that some environment assessments for major construction projects are up to 20 years old with most of the…
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Group of Czech lawmakers calls for ban of fur farms
Twenty lawmakers from across the political spectrum are backing a proposal to ban fur farms in the Czech Republic. The draft bill envisages a ban on the setting up of new…
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Police amass damning evidence over Škoda Plzeň sale, no prosecutions likely: report
A long running and complicated police investigation appears to have unearthed disturbing details about the suspicious sale of one of the country’s biggest engineering…
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Business News
In Business News this week: OKD seals closure of Paskov mine; energy regulator postpones controversial charges shake-up; business interests create Cabinet rift; employment…
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Prague Startup Centre with focus on space technologies officially launched
Thursday saw the official launch of the Prague Startup Centre, a new hub – backed by the City of Prague, the Czech ICT Alliance and government agency CzechInvest – aimed…
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AD Hoc Group to try and save ailing coal mining company OKD
The Ad Hoc Group, representing a group of foreign investors who have become the new owners of New World Resources and the Czech coal mining company OKD, have made clear…
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Czech cheese producer eats into Italian and world markets
It’s perhaps a surprise that one of the biggest exporters of cheese to Italy is based in the Czech Republic and that the same company is also one of the biggest sellers of…
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Prague begins issuing ‘Lítačka’ transit card
March 1 marks the beginning of the end for Prague’s Opencard, a multipurpose transit pass dogged by controversy, not least for its more than billion crown price tag. On…
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Inspectors report increase in food safety violations
Newly-released health ministry data shows a marked increase in mandated closures of Czech food establishments by health and safety inspectors. During 2015, 259 restaurants…
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Czechs drinking less beer but exports on the rise
While Czechs’ beer consumption dropped slightly in recent years producers are not worried. In the past two years exports have steadily increased, hitting record figures…
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Plans for rebalanced electricity charges spark furious debate
Leaders of the government coalition parties on Monday will debate the thorny question of how to rebalance the costs of electricity supply between different categories of…
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