Business
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Will the low crown go down in 2016?
The Czech economy was one of the fastest growing in Europe last year and, while it might catch a breath in 2016, wealth creation should still be strong. One of the major…
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Back to the future for iconic Čezeta scooter
A Czechoslovak two-wheeled engineering ikon is making a comeback. The distinctive Čezeta motor scooter was launched in the 1950s and soon developed an enthusiastic…
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Czechs enjoying higher living standards 25 years after overnight transition to market economy
Twenty-five years ago, on New Years Day, Czechs experienced a shock transition from communist planning to a market economy. The post-communist government of prime minister…
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Personalized car license plates to be available soon
A new law due to come in force next year will enable car owners to order personalized license plates for the price of 10,000 crowns. Custom license plate numbers will be…
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Craft breweries making their mark with Christmas specials
Small breweries significantly boost their annual sales at the end of the year by offering beer lovers special Christmas and New Year brews. Among those now on offer are…
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Spending watchdog questions roll out of Czech e-government ambitions
The Czech Republic has long had ambitions to be out there with the pioneers in e-government; linking up ministries and regional authorities and allowing citizens to…
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Imminent major change to VAT system will affect over 500,000 payers
The biggest changes in the value-added tax system since its introduction in the Czech Republic in 1993 will come into effect in two weeks’ time after the minister of…
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Lipno area bets on Olympic Sports Park to draw tourists
The plan for an Olympic sports park at the Lipno Reservoir has been officially approved. On Monday, it was signed by the governor of South Bohemia, Jiří Zimola, and the…
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EPH seals Slovenské Elektrárne purchase, but Slovak government still seeking control
A Czech power company has just taken a giant step to become the biggest player in the Slovak energy sector. But the Slovak government appears to have hedged its bets down…
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Business News
In Business News: Farmers estimate losses at 2.6 billion crowns; International centre to explore medical use of cannabis; Amazon plans new centre on edge of Prague; Arms…
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Czech haulage sector, manufacturing, has much to lose from end of Schengen zone
Around 25-30 years ago small, for some reason mostly blue, mid-sized Czech trucks were the most common haulage vehicles on the country’s motorways. It was clear that they…
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Country’s largest sporting goods chain for sale, according to financial daily
The country’s largest sporting goods chain, Sportisimo, is for sale according to financial daily Hospodářské noviny. With almost 100 outlets in the country and dozens more…
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