Business
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German motorways toll postponed pending Brussels verdict
German motorways toll proposal put on hold but transport minister says he is confident it will come into force.
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Kolín-based carmaker TPCA sees revenue increase of more than 30 percent
The Kolín-based car builder TPCA (comprising Toyota, Peugeot, and Citroën) last year increased revenues year-on-year by more than 30 percent to 39.3 billion crowns. The…
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Czech rail cargo takeover puts Polish company in vanguard
Central European rail cargo companies have traditionally grabbed a much bigger share of the market for shipping goods than their Western European peers. But competition…
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City makes good on promise to lower price of transit pass
Prague City Hall has made good on the promise to improve conditions for public transport passengers. As of Wednesday, anyone buying the city’s annual transit pass will pay…
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Finance Minister Babiš ramps up coalition tensions with budget proposal
Finance Minister Andrej Babiš has presented a revised proposal for next year’s state budget which has already raised the ire of some ministers. The proposal sees around…
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EU funds to scale up Czech fish farms
Czech fish farmers are set to receive significant support in the form of European funds. As of next October, breeders will be able to draw up to 1.1 billion crowns from…
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Czech home loan leaders put up mortgage charges
Leading Czech mortgage lenders have signaled that home loans are set to rise with the era of record low rates coming to an end.
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Treatment of O2 minority shareholders sparks criticism
The Czech Republic does not have a rosy reputation for its past treatment of small or minority shareholders. Many have been treated poorly when ‘squeezed out’ by the…
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Business News
In this week’s Business News: Czech redundancy payments some of lowest Europe-wide; inflation rises but still way below target rate; rail company faces one billion crown…
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Growing demand for interim managers on the Czech market
The concept of interim management is gradually catching on in the Czech Republic, with a growing number of firms turning to interim managers for help in the event of…
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Czech power policy slammed by energy analyst
A well-respected Czech energy analyst says the Cabinet has got it all wrong with its long term energy strategy but reckons it will confront reality soon and have to go…
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Seznam searches for expansion opportunities
Czech company Seznam is a global rarity in being one of a handful of Internet search engines which have fended off US giant Google on their local turf. The website, tv…
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