Business

Leading Czech commercial tv company looks for rebound after testing times

No longer the undisputed leader on the Czech commercial television market, TV Nova saw its revenues and profits drop sharply last year. But there are expectations both…

Business

File-hosting site Ulož.to plans Netflix-style on-demand service

The on-demand streaming technology that has caused a revolution in the American film and television industries has yet to catch on in a big way in the Czech Republic, with…

03:56

Business

Coal mine rescue plan opens up political rift, puts spotlight on prime minister’s past

The centre-left Czech government is facing one of its biggest tests since it was formed at the start of the year with a clear split between the Social Democrats of Prime…

10:16

Business

Real estate firms cast doubt on property market recovery

After four years of decline, prices of Czech apartments rose slightly last year. According to figures recently released by the Czech Statistics Office, apartment prices…

03:55

Culture

Association launches drive for VAT-free books

The Association of Czech booksellers and publishers has launched a new campaign called ‘Books without VAT’ in order to drum up support for the existing 15 percent rate to…

03:51

Business

Amazon rejection could cost future investments, says industry leader

The US online retailer Amazon has dropped plans to build a large distribution centre outside Brno. The firm’s head of European operations, Tim Collins, told Czech TV on…

Business

Czech fiscal performance starts to win credit

A wave of good news about the Czech economy has resurrected the possibility that the country’s rating might be edged upwards and, as a result, the costs of servicing the…

Business

Minister pushes plan to delay Paskov mine closure till 2017

Last September coal producer New World Resources announced it was closing the Paskov coal mine in Frýdek-Místek. It said the only remaining active mine in the Ostrava…

Business

Czech government mulls plans to extend uranium mining

The Czech government is considering plans to re-open a uranium mine near Jihlava after deposits at the country’s sole currently operating Rožná mine are exhausted. During…