Business
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Regional aid rules change will impact CzechInvest’s ability to rediscover role
The Czech agency for attracting foreign firms has been told to get back to basics and attract incoming investment and domestic expansion. But looming changes in key EU…
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Business News
In Business News this week: church selects fund manager; ČEZ seeks massive tax refund; more tourists but shorter tourists stays; more readers chase fewer papers; and…
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Czech 2013 trade surplus soars amid expectations of even stronger exports
Czech exporters delivered a strong performance in 2013 with the trade surplus continuing to rise. But a more detailed look at the goods being traded and bilateral…
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TV Nova: a symbol of Czech post-communist transformation
This week marks 20 years since the launch of TV Nova, the first Czech commercial television channel. A huge success since the beginning, it introduced viewers to new forms…
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Former prime minister Jiří Rusnok appointed to the central bank board
Czech President Miloš Zeman on Wednesday appointed former prime minister Jiří Rusnok to the board of the Czech National Bank. It is the first of five appointments the…
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Czech politicians mobilize to save Amazon investment plans
Major foreign investments in the Czech Republic have been thin on the ground in recent years. So Czech politicians now appear to be falling over themselves to make sure…
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Czech Republic still struggling to deal with corruption
The European Commission released its first ever corruption report on Monday and the news was not good. EU Commissioner for Home Affairs Cecilia Malmstrom described the…
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Czech finance minister focuses on Slovak lessons
Slovakia has come to the foreground as a possible inspiration for finance minister Andrej Babiš’ to shake up his new fief and the Czech Republic.
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Domestic meat production drops further as farmers struggle with cheaper imports
Domestic meat production has been on a steady decline since 2001 and last year was no exception. According to figures released by the Czech Statistics Office overall meat…
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Older people face gloomy prospects on job market
More than half a million Czechs are currently out of work, and the prospects are particularly bleak for people in their 50s who are too young to retire, but by all…
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Business News
In this week’s Business News: coal mining contemplated beyond limits; more passengers for state rail operator; electricity exports slide; foreign beer rise for Plzeňský…
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Industry minister sets sights on reinvigorated CzechInvest to pull in investment, create jobs
High expectations are being put on CzechInvest to deliver greater foreign investment and more job creation by the new Social Democrat minister for industry and trade.
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