Business
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Czech agricultural chamber complains of foreign land grab
A worldwide grab for land is underway by rich and populous countries like Saudi Arabia and China. In the Czech Republic, agricultural land is also being snapped up…
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Business News
In Business News this week: speculation soars over Staropramen bid; emissions handout sparks controversy; Czech financial sector gets positive health check; and Aero…
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Czech companies complain credit crunch has begun
Czech companies are complaining that they are already being hit by a credit crunch with banks reluctant to lend them money. Meanwhile, the Czech National Bank has warned…
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Business News
In Business News this week: recession strikes; unemployment stabilises; hard coal producer announces layoffs; Orco confirms the worst; and the steady advance of a sunrise…
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Business News
In Business News this week: foreign investment eases; complications hit Budvar sale preparations; bankruptcies hit a five year high; the auto sector earns less for more…
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Business News
In Business News this week: the Central Bank says it may cut interest rates further, the Czech Republic’s fourth biggest beer producer Budějovický Budvar is bringing out…
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Popular English-language news website moves into print
A new English-language magazine has hit Czech news stands. The Prague Monitor is already something of an oddity in that the team behind it have a background in Internet…
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Selling insects for a living
The endless sound of crickets chirping would make you think you were in a field somewhere in the Czech countryside, but in fact, this is a country attic, home to thousands…
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Czech steel city suffers from demand slump
The Czech Republic’s third biggest city Ostrava is renowned worldwide for its steelmaking. But the world economic crisis has hit the business hard with production down to…
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Business News
In Business News this week: Czechs’ high corruption threshold; a change of heart on airport privatisation; multiplexes roll-out in the regions; Czech Airlines searches for…
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Bleak unemployment outlook sparks debate over jobs
The global crisis has pushed unemployment towards the top of the agenda in the Czech Republic with nearly 8.0 percent of the labour force now seeking work. That is still…
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Unions protest policies of former centre-right government
Some 23,000 union members from several countries descended on Prague on Saturday to protest against steps taken by the former Czech government to tackle the economic…
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