Business
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Národní třída metro station closes for two years
On Tuesday this week Prague’s Národní třída metro station –one of the busiest in the city centre –closed its doors to the public for two long years. The closure is due to…
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Energy firm ČEZ gets three bids for Temelín nuclear plant expansion
The biggest public procurement project ever held in the Czech Republic entered a new stage when earlier this month, the state-owned energy firm ČEZ received three bids to…
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New manifesto seeks to revive debate about Czech position in EU
An initiative by several Czech NGOs and members of the country’s business community seeks to stir up debate about the Czech Republic’s position within the European Union…
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CzechTourism adopts a new, controversial logo
Innovative! Refreshing! Cool! But also: Shallow, Dumb, and an outright travesty! Since its release roughly a week ago, the new logo of CzechTourism has almost become a…
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Business News
Regional Development Ministry says system of drawing EU funds is fixed; external debt grew by 33.7 billion in first quarter; household indebtedness grew by 3.6 billion…
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Large Czech milk farms ideally suit our needs, says owner of Gran Moravia cheese factory
The small Moravian town of Litovel is home to the world’s largest hard cheese factory. Since 1996 when the Italian company Orrero set up its production there, its Gran…
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New study looks at what Czech multi-millionaires are like
The typical Czech dollar millionaire is a man in his late 40s who runs his own company, is concerned about corruption and doesn’t show off his wealth. He does not take big…
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Scrapped electronic health records projects could result in international arbitration case
Just a month after the government gave the thumbs down to a costly and inefficient electronic health project, there are indications that it could be facing another…
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Business News
In Business news this week: Czech public debt is the second smallest in the EU but the gap widens between the country’s GDP and EU average; Škoda Auto seeks factories to…
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Business News
In Business News this week: Czech economy contracts less than previously expected in the first quarter of this year, with more new jobs in May; lawmakers end the monopoly…
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Support for human rights hurts Czech business in China, says manager of Czech firm in Kunming
One of the Czech companies which successfully launched an operation in China is the machine tool producer TOS Varnsdorf. In 2006, the firm invested some 2.5 million euro…
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Business News
The manufacturing sector hits its lowest point in three years; the government approves legislation banning anonymous bearer shares; the Finance Ministry expects the public…
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