Business
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Government considers guaranteeing electricity prices to pay for Temelín expansion
The Czech state-controlled energy giant ČEZ is looking at bids in one of the biggest investment projects in Czech history – the construction of two new blocks at the…
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Agriculture Ministry sanctions on-farm slaughter of crocodiles
From March 1, the on-farm slaughter of crocodiles – and the processing of crocodile meat for sale to consumers – will be allowed in the Czech Republic. The Agriculture…
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Business News
Business news from the past week: ČNB released a new prognosis for GDP growth for 2013; Unemployment figures are up again in January; Russian and Chinese tourists boost…
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Czech unemployment reaches record high
The number of the unemployed in the Czech Republic reached a record high in January. Nearly 590,000 people were out of work last month, which is the highest number since…
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Companies embrace social responsibility as essential part of business
At a conference co-organized by T-Mobile Czech Republic and the weekly magazine Respekt, representatives of top businesses in the country and those from the non-profit…
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Survey: roughly half of Czech firms turn down applicants with criminal records
A recent survey conducted by the LMC agency, which operates the website jobs.cz, has found that roughly half of Czech firms turn down job applicants with criminal records…
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Business News
In Business News this week: The Czech Ministry of Finance cuts its growth outlook for the year to almost zero; fresh figures show 7.2 percent of Czechs were jobless in Q4…
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Government’s bill on tourism to introduce structure to Czech destinations’ marketing
The Czech Republic is struggling to maintain its position on the global tourist market. With some 8.7 million visitors in 2011, the country ranks below other destinations…
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Business News
In this week’s business news: The Czech Republic will have to build around 13 000 charging points for electric cars by 2020; The greatest number of foreign investors have…
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If elected, how would Miloš Zeman or Karel Schwarzenberg influence the Czech economy?
The Czech president is to a great extent a ceremonial figurehead with limited executive powers. But his informal influence can go a long way in shaping the government’s…
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ČEZ packing its bags in Albania after months of controversy
The Czech power giant ČEZ has had its license to operate Albania’s national grid revoked just three years after entering the market. The state regulator’s decision…
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Business News
In Business News this week: Czech government approves savings measures of 8.6 billion crowns; a new pipeline opens providing alternate route for Russian gas; car maker…
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