Business
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Business News
In Business News this week: Czech business leaders, feeling the squeeze of the strong crown, call for a euro adoption target date – not this year, says the government…
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Tatra truck maker to revive vintage T87 car after public poll
Today the Czech company Tatra is known for making trucks. But in the past it made cars, including some of the all-time classic Czech automobiles. As part of a plan to…
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Czechs rank amongst Europe's biggest fish producers, so why don’t they eat more fish?
Perhaps unsurprisingly for a landlocked country, the Czech Republic has one of the lowest rates of fish consumption in the European Union. Czechs eat around five kilograms…
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Long history comes to end with discontinuation of heller coin
So, the heller is no more. Last Monday, five years after the disappearance of 10- and 20-heller pieces, the 50-heller coin ceased to be legal tender. I have to say it was…
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Business News
In Business News this week: the main Czech trades union body is threatening protests over changes to the labour law – and demanding a pay increase of at least 8 percent…
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Business News
In Business News this week: the Czech power giant ČEZ announces plans to build Europe’s largest onshore wind farm; the average monthly salary in the Czech Republic is up 8…
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Czech Republic to get first new brewery in years
The Czech investment and construction company Ross Holding has announced plans to build and operate a new brewery in Chotěboř near Havlíčkův Brod, with a yearly output of…
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Business News
In this week's Business News: the Czech government has decided to end state subsidies for school milk programmes; why Czech banks are cutting mortgage rates and why the…
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The Czech Republic, NATO and Russia - what next?
On Tuesday, a special NATO summit designed to address the current crisis in Georgia, concluded with strong statements directed towards Russia. The current crisis appears…
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Business News
In this week's business news: the Czech economy slows down; the Czech crown drops against the dollar and euro; the ČEZ energy producer reports record profits; Czech music…
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Dominator fails to dominate
It isn’t an unusual practice: a well-known sports celebrity sets up a line of sports clothing. From a marketing perspective, the idea seems perfect: capitalize on the name…
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Business News
In Business News this week: the Czech National Bank lowers the key interest rate by one-quarter percentage point to 3.5%; some large exporters are considering pegging…
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