Business
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Alcohol testing uncovers lethal levels of methanol in purchased spirits
Free tests of alcohol by the Health Ministry at the end of last year revealed that every eighth bottle of spirits out of more than 7,000 checked brought in by households…
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Business News
In business news this week: monthly Czech household debt has fallen for the first time in 11 years, while consumer confidence went up; Telefónica released lower earning…
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Third time lucky for legalisation of prostitution?
A group of MPs in the lower house are drafting a new bill on legalising prostitution – the third such attempt in recent years. Prostitution in the Czech Republic exists in…
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Czech banks face class actions over loan and mortgage fees
Czech banks are facing a major confrontation with dozens of thousands of their clients that could cost them hundreds of millions of crowns. Over 40,000 people have now…
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Smartphone app helps fare dodgers avoid inspectors
A new smart phone application called FareBandit can help you avoid ticket inspectors in public transportation in Czech cities. The app won the top prize this week at the…
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Dalibor Dědek – Modest electronics magnate with a hands-on approach
Dalibor Dědek is the owner of Jablotron, an electronics producer based in north Bohemia that has grown into an international concern. Jablotron’s main focus is on security…
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Business News
In Business News this week: The Czech economy is passing through the lowest point of the recession, says the head of the central bank; the EC predicts the Czech economy…
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Minister's advice is buy Czech, not imported foods as horse DNA confirmed
The Czech Republic became the latest country to be hit by the horsemeat scandal on Wednesday, after officials confirmed the presence of horse DNA in frozen lasagne…
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Czech art market receives boost from Chinese collectors
2012 was another record-breaking year for the Czech art market, with collectors having auctioned some 881 million crowns – or over 46 million US dollars – worth of…
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ČEZ could lose Bulgarian distribution licence
The Bulgarian operation of the Czech state-controlled energy firm ČEZ has run into serious problems after Bulgaria’s energy regulator launched proceedings to revoke its…
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Business News
In Business News this week: The current Czech recession equals in length the longest previously recorded; the industry minister says the government will look into the…
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Bill curbing anonymous shares faces legislative hurdle
The Czech Republic is one of three countries in the world that allows companies to issue anonymous bearer shares which has long been considered a major hurdle in the fight…
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