Business
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Business News
This week in business: Lower house approves next year’s budget; The crown hits a four-year low; Economic confidence went up in December for the fifth consecutive month…
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Czech art market most likely to hit a record this year
This year is shaping up to be the second record year in a row for art auction houses in the Czech Republic. Although no single painting surpassed the top selling price…
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Study: Czech fraudsters older than counterparts elsewhere
In recent years, corruption has been a huge issue in the Czech Republic. Indeed, manipulated public tenders, fraud and other forms of economic crime are estimated to cost…
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Czech president advocating for huge canal project
A mammoth canal project, estimated to cost at least 300 billion crowns, which would connect three Central European rivers – namely the Odra, Labe and Danube – is to be…
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Business News
In this week’s business news: Industrial output has grown for the fourth consecutive month; The prime minister has announced that the interim government will not decide on…
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Holiday season may be cause for cautious optimism after October retail sales slump
Czech retailers and economists had reason to be optimistic when sales figures for September showed a 4 percent growth. But last week, the Czech Statistics Office announced…
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Should Czech stores close at Christmas?
A battle over opening hours at Czech stores during the holidays has continued for several years and once again the question of whether stores should close or remain open…
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Business News
This week in business news: Travel Service Airlines to buy 34-percent stake in Czech Airlines; Developer Metrostav files arbitration suit against Prague over Blanka tunnel…
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Business News
In Business News this week: household energy prices to fall markedly in New Year; poll find most firms have experience of dodgy tenders; percentage of part-time job rises…
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Completion of Prague’s tunnel complex threatened by legal issues
Prague is grappling with the multi-billion Blanka tunnel complex, the biggest and most expensive project in the city’s history. The costs of the project have far exceeded…
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New recruiting site helps women find jobs that leave time for family
The Czech Republic has been experiencing a sort of mini baby boom for the past six or so years, with one of the first generations of well-educated Czech women deciding to…
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Business News
In Business News this week: Czech economy set for sluggish recovery; Czech central bank interventions controversy continues; fast mobile frequencies auction yields no new…
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