Business
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Business News
The Czech government’s pilot bond issue is sold out weeks ahead of deadline; long-term unemployment rate drops in the second quarter of 2011; the budget deficit reaches…
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Tax breaks threaten Czech film industry
Radio Prague is introducing Screen Czech - a monthly show devoted to film and TV production here in the Czech Republic. Over the next few months Peter Smith will be…
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Business News
The new kid on the rails is already looking further afield; Česká spořitelna sues to cancel Sazka tender, unsuccessfully; the government approves ambitious competitiveness…
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New yellow trains take on king of the rails
It was an historic day for commuters Monday as the first RegioJet train rolled on to the tracks, the first ever challenge to the state-owned Czech Railways. Though the…
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Miroslav Kalousek named Finance Minister of the Year for Emerging Europe 2011
Czech Finance Minister Miroslav Kalousek has been named “Finance Minister of the Year for Emerging Europe 2011”, an award presented by the Washington-based Emerging…
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Business News
In business news this week: the government approves the 2012 draft budget amidst concerns over revised economic growth predictions, wages rose by an average 2.5 percent in…
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Government approves 2012 draft budget
The Czech coalition government on Wednesday approved the 2012 draft budget with one priority in mind – fulfilling its promise to bring the country’s public finance deficit…
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Business News
In this week’s business news: the unexpected resignation of ČEZ CEO Martin Roman, the opening of the first gas pipeline between the Czech Republic and Poland, the Czech…
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ČEZ general director suddenly quits
Investors, politicians and the public were taken aback on Wednesday by the news that Martin Roman, the 42-year-old general manager of power company ČEZ, was stepping down…
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Business News
In this week’s business news: Czech GDP growth slows in the second quarter of 2011, the Prime Minister admits that raising the lower VAT rate to 19 percent in 2012 is a…
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Tunnelling work completed at Blanka
Construction workers in the Czech capital on Monday removed a final cubic metre of earth from the city’s Blanka tunnel – built to streamline traffic through busy parts of…
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Toasting three decades in brewing: beer and malt association director Jan Veselý
One man who probably more than anyone else can claim to represent one of the Czech Republic’s biggest success stories ― beer ― is Jan Veselý, general director of the Czech…
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