Business
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Business News
In Business News this week: Czech public finance deficit to gradually drop to 0.6 percent in 2018; Škoda Auto agrees with unions on 3.5 percent salary hike; Zdeněk Bakala…
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Czech tourism sector presents mixed picture in 2014
The latest snapshot of the Czech tourism sector presents mixed news with more guests overall but shorter stays. And while the relatively small top end of the market was…
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Czech Republic a bit player in EU Commission case against Gazprom but still exposed
The European Commission’s long delayed decision to launch proceedings against Russian state gas exporter Gazprom for alleged abuse of its dominant position on various…
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Prague’s Ironing Ladies: Providing work from home for disadvantaged women
Jan Roháč and Martin Jůza are the co-founders of Ironing Ladies, a project launched over year ago employing women part-time who (for health reasons or the care of disabled…
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State may lose CZK 1.8 billion after collapse of German firm handling oil reserves
The Czech Republic stands to lose around CZK 1.8 billion after an insolvency administrator rejected all of its claims against Viktoriagruppe, a company that administered…
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Penta steps up pressure over low-cost Prague airport
The Czech-Slovak investment group Penta wants to go ahead with its plan to transform Letiště Vodochody into a second international airport serving the Czech capital…
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Czech president seeks to ignite euro adoption debate
Adoption of the euro is not a burning issue in the Czech Republic at the moment for most of the population. But for one man, head of state president Zeman, the issue…
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Czech ministries haggle over readiness to pump EU funds
The Czech Republic’s readiness to pump billions of crowns worth of European funds is again in the spotlight amid a dispute between two ministries whether a new monitoring…
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Report: Czechs increasingly buying firms outside country’s borders
Czech entrepreneurs are increasingly investing in companies outside their country’s borders, the business daily Hospodářské noviny reported on Monday, citing a 2014…
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Business News
In Business News: Financial assets of Czech households grew at steady six percent rate annually over five years; Czech companies get ready for Shanghai trade fair…
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Press: Points system aimed at boosting embassies’ support for Czech firms
The Czech Republic’s embassies and consuls have traditionally been active in supporting Czech businesses and “economic diplomacy” has become a watchword for President…
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New bylaw sinks ban on boats
After a nearly 40-year ban, recreational vessels can return to most of the rivers and reservoirs around the Czech Republic. Until now, motor vessels only had access to…
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