Business
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Fewer clients opting for incentivised savings
Fewer bank clients are opting for incentivised savings for home construction, renovation and refurbishment, Czech Radio reported on Friday, attributing the drop in…
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Czech government highlights foreign investment turnaround
Turning on the tap of incoming foreign investment in the Czech Republic was one of the main priorities for the new centre-left government when it came to power a year and…
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Prices of new flats on rise
The price of newly-built flats in the Czech Republic is on the rise. The increase has been particularly visible in the capital Prague, which has the most such properties…
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Czechs get taste of cider
Czechs are growing increasingly fond of cider. Nearly two million litres of the alcoholic beverage was sold in the Czech Republic last year and Czechs spent nearly 130…
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Venture capital investment is pointer to power future
It is perhaps a sign of the times last week that the Czech Republic’s biggest electricity company ČEZ, better known for its ownership of massive power plants, made news…
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Prague station closed after train smashes through buffers and lands 25 metres inside main building
Services were interrupted at one of Prague’s biggest railway stations on Wednesday after a train failed to brake properly, derailed and came to a stop inside the main…
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Taiwanese electronics giant eyes Czech expansion
The Taiwanese electronics supplier Foxconn is considering an investment project in the Czech Republic worth billions of crowns, the Ministry of Industry and Trade…
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JTEKT steers significant investment into Plzeň plant
A Czech daughter company of Japanese car giant Toyota produces steering systems for a range of European small cars. After a modest start, JTEKT now has three Czech…
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Turning farmers into businessmen
Compared with industry, agriculture has been something of a Cinderella sector for the Czech economy. But there are now moves to try and give it a more dynamic character…
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Business News
In Business News this week: Czech E-commerce sales rise by 20 percent in second quarter of 2015; Hainan Airlines to launch services from Beijing to Prague; storms result…
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Chinese pharma billionaire prospects Czech Republic as European launch pad
Moves to get Chinese businesses to look at the Czech Republic as a base for expansion seem to be having some results. One of China’s leading pharmaceutical producers…
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Public institutions failing in their duty to employ people with disabilities
According to a report presented to the cabinet by the minister for human rights and equal opportunities, Jiří Dienstbier, Czech public administration is failing in its…
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