Business
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Business News
Business News round-up: Česká Spořitelna sees net profit drop in 2015; Škoda Auto has 60 percent brand loyalty says board chairman; Close to 100 Czech construction…
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O2 opens rift with news servers and content providers
A rift appears to have erupted between one of the Czech Republic’s biggest Internet operators and most of the major media companies putting their content over the web. How…
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Industry groups hoping for reversal of decline in potato production
Potato growing in the Czech Republic has been on the decline in recent years. While over 1.5 million tonnes of the tuber were produced in 2005/2006, the figure has now…
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Czechs increasingly running up problem debts with even bailiffs calling for action
An increasing number of Czechs are facing problems with debts, the daily Hospodářské noviny reported on Wednesday. According to the daily, every tenth Czech has had some…
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Multinational corporate tax declarations under the spotlight
Czech tax authorities are reported to be taking a lot keener interest in the tax declarations and relations of major multinationals with local earnings.
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Czech crusader against solar subsidies sentenced over suspect licenses
Eight years and six months was the sentence handed down to the head of the Czech Republic’s independent energy regulator for her part in a solar power scam costing…
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Post office unions deliver protest message to management
Smaller unions at one of the Czech Republic’s biggest employers, the state controlled Czech post office today staged a demonstration in the capital. They aimed to…
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Czech-German fuel tussle breakthrough creates new problems
A breakthrough of sorts has occurred in the ownership tussle over millions of litres of fuel stocked by the Czech state strategic reserves authority in Germany. But the go…
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ČSA performs turnaround with comfortable operating profit for 2015
Almost clinically dead, but back from the grave. That’s how some describe the turnaround of airline ČSA on reports of its best financial results for the last 10 years with…
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Czech breweries record sharp fall in sales in Russia
A Russian fashion for imported beers meant a boon for Czech breweries a few years back. However, the economic crisis of the last two years and restrictions on marketing…
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Czech government ends talks with OKD mining company
The Czech government has definitively called an end to negotiations with the ailing mining company OKD. Industry and Trade Minister Jan Mládek on Wednesday advised the…
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Czech environment minister given some assurance on Polish mining plans near border
Czech and Polish ministers of the environment met on Thursday with the Czech side having a lengthy list of issues to discuss. High up on that list were Polish plans to…
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