Business
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Battle looms over Elbe as government seeks to push water transport
The Czech Republic is dissected by some major rivers but water transport is now very much a Cinderella sector compared with road, rail, and air transport. But there are…
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Czech energy strategy boosting nuclear gets go ahead
Long in making, the new Czech energy strategy has finally been approved. It puts the emphasis on more nuclear plants eventually generating half the country’s electricity…
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Czech company helping supply emergency container housing for Berlin
Inhabitable containers or cabins bear a passing resemblance to a giant Lego set – which can be built up or used for various needs, from company offices to construction…
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Government approves draft bill which would level high tax on illegally acquired property
The coalition government has approved a draft bill that is to serve as a crucial instrument in curbing tax evasion. The bill should give tax administrators the right to…
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ČEZ becomes bountiful dividend payer
ČEZ has ditched its long held dividend policy to become a much more generous payer to its shareholders. Different arguments are advanced, but the basic one is that this is…
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Business News
In this week’s Business News: low inflation seen through 2015; Hopin taxi offer rides in from Slovakia; two-thirds of Czech companies see corruption as part of environment…
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Czech telecoms giants see results rebound
The biggest Czech telecoms companies are now witnessing an improvement in their fortunes as cost cutting efforts of recent years start to outpace the slide in earnings…
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Czech companies vie in contest for stake in Slovak power giant
One of the biggest maneuvers of the year, the exit of Italian power company ENEL from Slovakia’s biggest electricity producer is being played out with two very contrasting…
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Biggest Czech banks enjoying healthy profits despite low interest rates
Times are good for the biggest banks in the Czech Republic. Despite low interest rates, the top three – Česká spořitelna, Komerční banka and ČSOB – have been making higher…
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Lifting of administrative barriers should help Czech firms gain a better foothold in Vietnam
Czech firms should soon find it easier to get a foothold on the Vietnamese market: on Monday, on an official visit with his wife to the Czech Republic, President Truong…
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Tax aims to drive ‘bangers’ off Czech roads
New legislation, drafted by the Czech Ministry of Environment, may introduce a new environmental tax on cars that are more than ten years old. The proposal, which is…
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Minister of Finance seeks shake up of public sector pay rises
Minister of Finance Andrej Babiš appears to be well on the way to opening up a new front in his attempt to make the state machine operate more on the lines of one of his…
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