Business
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EPH takes big step forward in bid to become dominant Slovak electricity player
Czech privately held company Energetický a Průmyslový Holding (EPH) has become the favourite to become the biggest player in Slovakia’s electricity market after Italian…
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Czech companies make slow progress taking on board LGBT diversity
Business through diversity was the theme of a day long seminar accompanying the recent Prague Pride events. Basically, speakers argued that companies and institutions…
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HTC planned service centre in Brno now appears doomed
The planned giant investment of Taiwanese mobile, tablet and camera manufacturer HTC in Brno promising to create up to a thousand new jobs is falling apart within months…
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Czech bank governor brushes off suggestions economy is overheating
While the Czech Republic has recently basked in figures showing as the fastest growing economy in the European Union with a 4.4 percent rise in GDP in the second quarter…
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Business News
In Business News this week: Many companies are not happy with the new minimum monthly wage rate; Regional Development minister says Czech Republic could fail to draw 50…
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Czech parents brace for cost of kids’ supplies as new school year looms
In ten days’ time or so school-age children will find themselves returning to the classroom after long summer holidays, the hottest on record since 1880. In the run-up…
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Czech arms exporters doing good business
After several lean years Czech arms exporters are once again doing good business. According to the Defense and Security Industry Association 2014 brought a 47 percent…
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Russian authorities destroy twenty tons of tomatoes believed to have come from the Czech Republic
Authorities in the Russian enclave of Kaliningrad announced this week that they had destroyed 20 tons of tomatoes from the Czech Republic, that were falsely labelled as…
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Cigarettes in Czech Republic among the lowest-priced in Europe
A new study by KPMG, based on data from 2014, reveals cigarettes in the Czech Republic are among the cheapest in Europe. While Czechs, on average, pay 75 crowns for a pack…
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Will Finland’s deep geological repository serve as a model for Czechs’ own spent nuclear fuel site?
There are seven potential sites in the Czech Republic which could one day house a deep geological repository for the permanent storage of spent nuclear fuel. Recently…
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Traffic road sign aimed at saving endangered moose
Drivers on Czech roads may soon come across a new, perhaps somewhat surprising, traffic sign: a moose crossing. The non-profit organisation Česká Krajina or Czech…
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Lack of financial literacy classes harming people’s economic interests
Although 94 percent of Czechs consider themselves to be financially responsible, many still make painful mistakes in managing their personal finances. According to data…
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