Business
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Czech beer market sees upsurge in small breweries
With temperatures in the 30s more people than ever are reaching for a frothy pint of the golden brew to quench their thirst. And, after years of strictly conservative…
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Czech competition office sees tender case workload surge, seeks change in rules
The volume of Czech public tenders may have been decreasing in recent years but the workload they are create for the state competition watchdog is rocketing. The Office…
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Škoda Auto to launch operation leasing service for private individuals
Car maker Skoda Auto is about to launch a new service on the Czech market– a long term operation leasing scheme for private individuals. At the outset the service will be…
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Business News
In this week’s Business News: number crunchers confirm economic recovery; Popron Media heads for history; public tenders shrink in 2013; energy regulator in the hot seat…
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Farm minister scolds major food retailers but gives more time for improved results
Czech retailers are once again in the spotlight for the quality, sourcing, and price of the food on sale. But while the Ministry of Agriculture is increasing the maximum…
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High number of personal bankruptcies highlighting low level of financial literacy among Czechs
The number of personal bankruptcies has been growing in recent years hitting a record high of over 19,000 in 2013, a sign that many Czechs still have a problem managing…
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Financial audit at six ministries reveals poor management and squandering of public funds
The Czech Finance Ministry on Thursday unveiled the results of in-depth audits conducted at six ministries. The findings indicate that millions of crowns in public funds…
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Unions warn of employee strike if national carrier goes through with layoffs
Czech Airlines (CSA), the national carrier owned by Český Aeroholding, Korean Airlines, Travel Service (pending), and Česká pojištovna, has announced a new wave of layoffs…
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Controversial Opencard scheme potentially facing disastrous end
Prague’s multi-purpose Opencard scheme which was to provide users with an efficient means of paying for public transport, parking, and serve as a library card has been…
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Tax breaks for children seen giving more to rich than poor
Tax changes giving bigger tax breaks to Czech families with children look like costing more than the government budgeted for and the benefits look like overwhelming…
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Czech telecom majors react as market positions starts to erode
In the telecoms sector, the Czech Republic has not looked like a model market as far as giving the customer a better deal. But there are signs that the squeeze is being…
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Business News
In this week’s Business News: major Prague development gets final clearance; PPF aims high with skyscraper investment; troubled waters seen for Karlovarské Minerální Vody…
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