Business
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When you can’t get the drugs
In developed countries, such as the Czech Republic, medicinal drugs are often taken for granted by the patients who need them. But those drugs are also a big money product…
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Škoda Auto offers new versions with SUV models on the horizon
Škoda Auto has shown off new versions of its Superb models in a bid to boost ebbing sales of the top of the range model. Overall sales are still strong but a drop off in…
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Trade Ministry figures indicate significant decline in Czech exports to Russia
The volume of Czech exports to Russia took a slide in 2015 as a result of the sanctions against Russia and the country’s own retaliatory measures. According to figures…
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Zuno Bank reported to be heading into hands of Russian oligarch
According to some Czech reports, the deal selling small Czech and Slovak bank Zuno Bank to the second richest Russian oligarch just needs to be inked. Michail Fridman…
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Czech beer exports to China doubled last year
The value of the Czech Republic’s beer exports to China has nearly doubled over the last year. The volume of beer exports in 2014 rocketed to 22,688 hectolitres, compared…
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Business News
In this week's Business News: Unipetrol announces its largest ever investment project; Czech firms say they could put 5,000 migrants to work; inflation growth slows…
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Škoda Auto still struggling to meet demand for best-selling model
Škoda Auto’s third generation Skoda Octavia is proving a big hit with demand still outstripping supply both at home and abroad. According to company sources buyers are…
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Amusement park boom?
Czechs want to be entertained and are willing to pay for it. That is the conventional wisdom at the moment according to daily Mladá fronta Dnes. Recently, the paper…
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Czech industry urged to prepare for fourth industrial revolution
The Czech Republic’s flagship Brno international engineering fair starts next Monday. And this year there is a special exhibition devoted to what many are describing as…
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Economist: strong Czech GDP growth likely to continue
The Czech Republic is currently benefiting from a number of positive economic indicators, including strong GDP growth of 4.4 percent, low unemployment of 6.2 percent, and…
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PM wants to narrow gap between minimum and average wage
Following the first ever joint tripartite meeting of Czech and Slovak representatives on Monday, Czech Prime Minister Bohuslav Sobotka said he wanted the Czech Republic to…
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Major Chinese player CEFC fills up basket in Czech Republic
The favourite destination for Chinese shoppers in Europe is usually Paris, but the private investment group CEFC has been on a veritable spending spree in Prague and the…
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