Business
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Czech central bank mixes words and action to keep crown below ceiling
The Czech National Bank has been forced to bring out its heavy weapon, in the form of currency interventions, in the last months to keep the crown below its ceiling. But…
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Business News
Czech plane maker targets ‘unfair’ French tender; offer to keep Důl Paskov mine operating; ČEZ offloads hydro unit but eyes German coal plants; slim picking for Czech IT…
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Třinecké železárny win lucrative contract worth 15 billion crowns
The Třinecké železárny steelworks has won a lucrative contract worth 15 billion crowns for a project of railway route construction in Azerbaijan, the company’s CEO Jan…
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Czech power engineering alliance formed to safeguard know-how and chase contracts
Czech engineering giants have agreed to pool their forces and efforts to grab a bigger share of world nuclear contracts and safeguard their know-how during lean times.
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Development aid climbs political agenda but Czech spending is still low
Addressing problems in underdeveloped countries so that people stay where they are is now one of the key concepts for dealing with the immigration crisis. But how well is…
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Prague to install waste oil recycling containers
The city of Prague is preparing a system enabling the recycling of waste oil from households. Containers for used vegetable fat should appear in the city’s collection…
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PM wants national strategy in coping with drought by end-2016
Prime Minister Bohuslav Sobotka has asked for a national strategy in coping with drought to be concluded by 2016. This should be preceded by a debate on the problems and…
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Business News
In Business News this week: Czech foreign debt grows to CZK 2.9 trillion in second quarter; hop harvest worst in 45 years; Czech aviation firms increase turnover by 15…
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Long-delayed Blanka tunnel complex finally opening to traffic
The newly-constructed Blanka tunnel complex will open to traffic on Saturday, September 19th. The longest city tunnel in Europe was to have been the pride of Prague, but…
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Construction, transport, and energy seen as most promising for Czech orders in Azerbaijan
Azerbaijan is one of around two dozen countries of ‘interest’ where the Czech Republic believes it should make an effort to boost its export performance. Head of state…
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Biggest Czech brewers eyeing outcome of proposed mega deal
A proposed mega-deal between the world’s first and second biggest brewers will be closely followed in the Czech Republic with premier export brewer Plzeňský Prazdroj…
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Staropramen brew hit by scandal in Sweden
The Danish beer company Carlsberg, which distributes the popular Czech Staropramen brew in Sweden, this week recalled all Staropramen beer on tap from 680 Swedish bars and…
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