Business

02:56

Business News

In Business News this week: central bank see faster growth but lowers inflation expectations; Hamleys to open flagship store in Prague; German owners seen selling up chain…

Society

Czech Republic needs to recruit new teachers, but low pay and lack of respect present major drawback

Countries across Europe are facing an imminent lack of teachers and unless they take action they may soon face a serious problem, according to a 2015 report released by…

03:17

Business

Ministry proposes subsidized transport costs for jobless in bid to boost mobility

Czechs have often been criticized by international economic institutions, such as the OECD, for their reluctance to seek work far from their homes. Commuting is not, it…

Business

Škoda Transportation acquires Finnish rival, eyes Scandinavian markets

Škoda Transportation is one of Europe’s leading rail carriage and tram producers. But while it has successfully built up worldwide sales, Western European markets have not…

09:53

Society

New rules to clampdown on gambling industry or just move it online

There is no doubt that the gaming or gambling industry is worth tens of billions of crowns in the Czech Republic. New moves from the government seek to curb it and put it…

Business

Drought shrivels Czech harvest

The biggest drought in over a decade is expected to take a heavy toll on the harvest and particularly small and medium sized farmers with inadequate irrigation facilities…

Business

Company profits show healthy growth but pay rises lagging for now

While Czech companies have seen healthy growth in their profits in the last year and a half, their employees have seen little change in their pay packets, Hospodářské…