Business
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Business News
In Business News: Car sales in Czech Republic rise by 24 percent in Q1; Czech Statistics Office lowers GDP growth figure for Q4; Unipetrol “okayed” to acquire refinery…
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Coal study paves way for coalition deal on mining limits
A report on the Czech Republic’s future demand and sources of coal looks like it could open the way for a deal on the thorny issue of whether current coal mining limits…
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Homeless seek to get back on track with engineering giant
Around twenty homeless people will get a chance to work in the Siemens engineering company. The firm on Thursday announced its plan to employ the homeless within its new…
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Foreign owned companies contribute disproportionately to Czech economy
Figures from the national statistics office paint a pretty clear picture of foreign ownership of the Czech corporate sector. And while the benefits in terms of higher…
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American turns passion for children’s books into business
American Jeffrey Zamoff has been living in Prague for six years, earning his living as an English teacher and collecting and selling old vinyl records for pleasure. Two…
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Porters planned after failure to install escalators at new Metro station serving airport
A shiny new Metro station will from Monday serve travellers using Prague’s Václav Havel Airport. However, the Nádraží Veleslavín station has not been fitted with…
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Travel Service becomes second biggest shareholder in Czech Airlines
The Czech Republic’s national carrier Czech Airlines is no longer a state-owned company. This week, its majority stake has moved into the hands of private companies…
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Deadline for income tax returns arrives – but filing (slightly) late possible
Queues have been forming at tax offices around the Czech Republic ahead of Wednesday’s deadline for filing income tax returns. Those who submit their documentation after…
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Exports advance helps Philip Morris ČR to higher sales, profits
The Czech Republic’s biggest tobacco company, employing around 1,000 at its main plant at Kutná Hora, upped its sales and profits for 2014. But its share on its Czech home…
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Closely observed trains
The Czech prime minister says the state rail passenger and freight companies should be at the centre of expanding international and domestic services with the disruptive…
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Business News
In this week’s Business News: central bank talks up low crown policy; Asian and Middle East investors seen targeting Czech hotels; drug companies get pick-up from court…
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Newsagent’s shops closing around Czech Republic at growing rate
Small newsagent’s-cum-tobacconists are an extremely common sight in the Czech Republic’s cities and towns. However, times are tough for the industry and the shops are…
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