Business
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Prague Transport Authority signs contract for construction of metro D line’s first section
Prague Public Transport Company has signed a contract with a consortium of companies for the construction of the first section of the planned new line of the Prague metro.
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Insurers put tornado damage at CZK 3.6 billion as state offers support
Insurance companies estimate the damage caused by a tornado last Thursday at CZK 3.6 billion. Meanwhile, businesses hit by the disaster can get special government aid.
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Lack of materials and rising prices impacting Czech road projects
Road construction projects in the Czech Republic are facing problems as builders complain that essential materials are increasingly hard to source, Czech Television said.
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New Cubist-inspired bridge to connect Vltava embankments in Prague
Prague councillors have approved the construction of a new bridge across the Vltava River connecting the districts of Prague 4 and 5.
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Era ends with removal of Czech Republic’s last phone box
An era spanning over a century came to a close in the Czech Republic on Thursday with the removal of the country’s last telephone booth still containing a phone.
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Survey: people working from home more stressed than other employees
Czechs working from home are experiencing more stress than other employees, suggests a survey by Grafton Recruitment agency.
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Unique Prague Cubist villa on sale
The Kovařovic Villa in Prague, one of the finest examples of Czech Cubist architecture, is up for sale.
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Analysts: year-on-year inflation probably peaked in May
Annual inflation likely peaked at 3.2 percent in May due to the low base effect from last year, analysts predict, and should stay near the central bank's 3 percent target.
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Czechs spend more time at work than other Europeans
People in the Czech Republic with full-time jobs work an average of 41.3 hours per week, which is over half an hour more than the EU average.
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Logging activity reached record numbers last year, as foresters fight bark beetle infestation
Last year saw a record 35.8 million cubic meters of wood mined in the Czech Republic, a year-on-year rise by more than 9 percent.
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Anniversary of the Week
30 years since opening of first Czech supermarket
Although Czechs had to wait for the introduction of the supermarket until the end of communism, today the country has one of the densest networks of these shops.
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Several economists slam government’s decision to raise pensions
The government has agreed to raise pensions next year, on average by CZK 750 a month. Several economists have reacted by saying that this is irresponsible.
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