Business
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Czech unemployment falls to lowest rate since March 2009
Unemployment in the Czech Republic is at its lowest level since March 2009. According to freshly released figures from the country’s Labour Office, 6.0 percent of the…
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Accelerator seeks to help Czech companies put down roots in US
Czech companies, even the biggest of them, do not have a sizable footprint in the United States. The value of Czech exports to the US is approaching around 100 billion…
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Industrial production accelerates in August though construction output and retail growth slows
Industrial output in the Czech Republic gathered pace in August, achieving year-on-year growth of 6.3 percent, according to figures released on Wednesday by the Czech…
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Škoda Auto launches website for car owners affected by emissions scandal
The Czech car maker Škoda Auto, which belongs to Vokswagen AG, has launched a website allowing owners to check if their cars are affected by the current emissions scandal…
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Third of Czech restaurants do not respect allergy labelling law
Ten months after a new law on allergy labelling went into force, a third of Czech restaurants and delis are still failing to fully comply with it. The Food Inspection…
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Home Credit looks to US launch
Czech loans company Home Credit has announced a radical departure from its past business model, which previously focused on developing markets. Now it’s teamed up with…
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Business News
In this week’s Business News: finance ministry offers multi-billion crown pardon for firms; furniture makers look to record year; Japanese car parts firm follows the lead…
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ČEZ looks at Vattenfall purchase but German power picture still unclear
ČEZ admits that it’s in the frame to buy the assets of Vattenfall in Germany, but the big question is how profitable will the German government allow the lignite coal and…
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Surging Czech growth seen based on solid foundations
Talks of a Czech tiger economy have just been given some extra impetus with a positive revision in the already strong growth figures for the second quarter. But other big…
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Prague picked as first expansion site for Israeli anti-hacking experts
The Czech Republic has been chosen as the first location outside Israel for anti-hacker company CyberGym to set up its operations. The firm was founded on the experience…
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Ministries jockeying for EU funding for next generation data network
The Ministry of Industry and Trade is set to divide up CZK 10 billion of a total of CZK 14 billion in European Union funding for the development of a fast digital network…
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Škoda Auto says over 1.2 million of its cars affected by Volkswagen’s emissions scandal
Czech carmaker Škoda Auto, which belongs to Volkswagen AG, says 1.2 million of its vehicles were equipped with the TDI engine that manipulated emissions data in the years…
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