Business
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Business News
In Business News this week: average monthly salary reached 26,278 crowns in second quarter of 2015; EC approves government’s plan to extend support for biofuel; cyber…
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ČEZ backs down over high-powered payments to ANO politician
Czech energy group ČEZ has an interesting publicity stunt in which it gives a statistic for the week. It’s usually some self-promotional stuff about the number of…
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China’s CEFC signals Czech expansion ambitions
One of China biggest private corporations, CEFC China Energy, has underlined its Czech ambitions with two major real estate deals and the planned acquisition of almost a…
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Can Czechs tap into Chinese market?
China, in the words of Napoleon, was a sleeping giant. But as the recent stock exchange crisis showed, the world’s second biggest economy can now make everyone wake up and…
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Plans to exploit Czech uranium mine slag heap sparks furore
Slag heaps of broken rocks and stone are the clearest legacy of the uranium mining boom in the Czech Republic. But one company’s plans to get rid of some of the unsightly…
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Czech firm develops app to clampdown on counterfeits
Czech development company TelPro has come up with a new cloud software application that helps uncover counterfeit goods. The so-called Authentizer application for mobile…
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Building regulations became battlefield in Prague
Prague is no doubt one of the most beautiful cities in Europe, but how exactly will the city develop in the future? Should the new buildings respect the historical skyline…
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Tourists in Prague more frugal in summer, study suggests
Tourists in Prague in the summer generally aren’t afraid to splurge during their holiday but a study by Prague City Tourism suggests that visitors this summer were a…
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Czech building company PSG withdraws from major Russian contract
Czech construction company PSG reportedly has revoked its contract to build a gas-fired power plant in sub-Arctic Siberia with the state-controlled Czech export bank and…
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Business News
In Business News this week: government to spend seven billion crowns on boosting Czechs’ digital literacy; Fortuna’s net profit drops by 47 percent; Czech fruit and…
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Czech Republic is European ‘tiger’ economy with 4.4 percent growth
The Czech Republic has the fastest growing economy in Europe, according to revised growth estimates from the Czech Statistical office released on Friday. The revised…
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Deal to keep last mine in Ostrava running until 2017 likely to expire soon
The Czech government and owners New World Resources are likely to have to renegotiate state support aimed at extending the life of the Paskov mine, one of the biggest…
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