Business
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Beer-loving Czechs find proposed alcohol tax hike hard to swallow
With an annual consumption of 156 liters per head Czechs are the world's biggest beer consumers. Now - a proposed increase in minimum alcohol excise duties in the EU…
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Business News
In Business News this week: the government prepares to intervene as the national air carrier CSA continues to lose money; the car maker Skoda announces a record jump in…
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Business News
Aero Vodochody sold to Penta. Czech airline CSA reports passenger increase. Czech government implements anti-corruption program. Czech lawmakers approve main lines of the…
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Business News
Canadian FPS suing Czech Republic for 450 million CZK. Ashok Leyland buys lorry-maker Avia. GDX Automotive plans production transfer to Ostrava. Second largest Czech steel…
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Business News
In Business News: the European Commission warns that the aging population will have a considerable impact on Czech GDP growth; the anti-monopoly office hands down the…
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Foreign direct investment more than doubles in two years
New figures released by the EU statistics office Eurostat this week show that the Czech Republic attracted 8.8 billion euros in foreign direct investment (FDI) last year…
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Distilleries busy with exceptional plum harvest
Distilleries around the country are exceptionally busy these days as farmers are bringing in their plum crops which are unusually plentiful this year. It is a tradition in…
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Business News
Prague court dismisses CSOB's complaint against Japanese bank Nomura. Wireless internet in Prague awaits EU decision. Komercni banka's owner to expand into Slovakia. Czech…
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Loophole allows illegal billions to be stashed away in bank accounts
The country's leading financial daily Hospodarske noviny reported on Monday on a legal loophole which police believe is allowing people to deposit billions of crowns in…
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Business News
Skoda Joyster makes its first appearance. High-end hotel business booms in Czech Republic. Orco buys office block in Prague. Telefonica O2 complaint rejected by Brno court…
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Business News
In business news this week: prime minister Mirek Topolanek rules out euro adoption by 2010, plans to sell off Prague Airport, the interior ministry says it wants a…
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Topolanek hammers nail in coffin of 2010 euro adoption
For some time successive Social Democrat governments have spoken of the Czech Republic joining the eurozone by the end of the decade - January 1st, 2010 being the date…
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