Business
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President backs continued uranium mining but economic argument looks weak
Czech President Miloš Zeman has backed continued mining of uranium in the country after the existing mine shuts down in a few years. But although government ministers…
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CzechInvest mediates almost 90 billion crowns in investment projects
The government agency CzechInvest concluded 147 projects in 2014 - worth 87 billion crowns - with both Czech and foreign investors in 2014. Company representatives made…
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Czech audiovisual sector gets picture of how it is doing
What is believed to be the biggest ever survey of Czech cinema visits and overall audiovisual habits has just been completed by the business body that groups producers of…
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Czech food exporters seek firmer foothold on US market
Czech Agriculture Minister Marian Jurečka is heading a delegation of Czech businessmen to the United States where Czech food producers are hoping to find a market for some…
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Škoda’s Kvasiny production plant to undergo major expansion
Kvasiny, one of Skoda’s three production facilities in the Czech Republic is to undergo a major expansion- the biggest in its 81-year old history. Underlining the…
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Ski hill operators say this year’s season an improvement over dismal winter of 2014
Ski hill operators this year are fairly pleased with business, rating this winter – and consumer interest – a good sight better than the 2014 season which was dismal…
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Finance minister redraws, reschedules electronic accounts proposal
Minister of Finance Andrej Babiš has signaled he is will to make concessions on the scope and timetable for one of his key tax proposals to come into force.
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Long term Czech energy plan still up in air
Minister of Industry and Trade Jan Mládek says he is still struggling to get backing for a new long term energy plan. He warns if his first choice scenario is not backed…
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Business News
In Business News this week: Vodafone seeks damages over high speed Internet connections; KMV bags Hungarian bottled water company; second Chinese bank announced Czech…
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Czech craft beer market booming
The craft beer market, which is a fairly recent phenomenon in the Czech Republic, is experiencing a major boom. The number of small breweries is coming close to 300 and…
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Prague Public Transit Company revamps Porsche-designed 14Ts
Dopravní podnik (Prague’s public transit company) has opted to repair its fleet of more than 50 14T trams, first put into operation in 2006. The trams were side-lined…
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World anti-virus software leader Avast to deepen Czech roots
Avast is a worldwide leader in antivirus software with a lot of the technical work and development carried out in the Czech Republic. And Czech based company is keen to…
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