Business
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Retail chains still relaying largely on cheap food imports
Data published by the Czech Statistics Office indicate that the choice of food imports to the Czech Republic is still directed mainly by price, with retail chains…
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Hungary’s MOL to buy AGIP petrol stations in Czech Republic
Hungarian refinery giant MOL is about to seal a deal with AGIP to buy the Italian’s firm 124 petrol stations in the Czech Republic, the Czech daily Hospodářské Noviny…
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Authorities pledge clampdown on car clocking
Czech officials have pledged to crack down on the widespread practice of altering used cars’ mileage. It is estimated that half of all second-hand vehicles sold are “…
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Small general goods & grocery stores hard hit by hyper- and supermarket chains
The results of a study released by Nielsen this week suggest the last 15 years have been less than kind to small grocery and variety stores in the Czech Republic. While in…
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Data indicate country’s EU accession had positive impact on Czech exports
Comparative data released by the Czech Statistics Office on the 10th anniversary of the Czech Republic’s accession to the European Union indicate that the country’s export…
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Czech industry looks askance as Berlin prolongs aid for heavy energy users
The target of rounding off Europe’s internal energy market by the end of the year is a no hoper. More worrying, some moves suggest that a completely piecemeal not than…
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Business News
In this week’s Business News: Škoda Auto sees car rent revolution; private rail operators target Slovakia; lower takings for Tesco tills; Brno belatedly courts Amazon; and…
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Czech e-commerce giant says Google ‘concessions’ would worsen conditions on local market
The Czech Republic has a fairly unique position in the European Internet world with local search engine company Seznam by most calculations dominating world leader Google…
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Ministry report outlines future reduced VAT rates but details still to be settled
Czech consumers can look forward to having more change in their pockets after shopping trips if reported plans for the phase in of three levels of Value Added Tax come…
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Scandal prone Czech health care system gets mixed evaluation
The Czech health care sector is a frequent target of criticism from those inside looking out, those passing through, and those on the outside looking in. Scandals are…
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TOP 09 seeks Czech backing for Europe-wide media ownership rules
The Czech media sector has often won international praise in the past for its freedom and independence. But some in the country are questioning whether that is still the…
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New “spending squad” should oversee all large public investment projects
Squandering of public funds in ill-conceived investment projects has always been a big problem for Czech state administrations. Now the centre-left government is setting…
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