Business
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Business News
In Business News: the minimum wage is to increase slightly from July; Czechs are spending less on household insurance relative to earnings; Plzensky Prazdroj is to invest…
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Jack Stack - an American at the helm of one of the Czech Republic's biggest banks
As chairman and CEO of Ceska Sporitelna bank, Jack Stack is one of the best known foreign businessmen in the Czech Republic. As well as being personally popular, he is…
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Business News
In Business News: the Prague stock exchange has a down and up week; tax on labour in the Czech Republic is too high, says the OECD; Czech Airlines plans to trim its…
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Business News
In Business News: the Czech Republic is on course to join the euro in 2010, though the OECD warns of some risks; inflation reaches 3.1 percent, but should fall sharply…
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Economics, not regionalism, root of Czech voting divide
The weekend's elections have produced a perfect split in parliament. If you look at a map of the election results, it also shows an almost perfect split in the way Czechs…
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Do big election promises make economic sense?
Perhaps more than ever before, the economy is the talk of this year's elections. Right now confidence in the Czech market is the highest it has been in eight years, but…
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Czech Republic's largest car manufacturer to conquer Russian market with new assembly plant
The Volkswagen Group and Skoda Auto are planning to conquer the Russian market. On Monday, a contract was signed to build an assembly plant in the city of Kaluga, some 160…
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Business News
In Business News: Morgan Stanley is planning to invest around a billion US dollars in the Czech Republic; the Czech Republic is near the bottom of the EU charts in terms…
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Hyundai contract signed amid corruption scandal
After days of speculation, it's been signed and sealed - a contract that should secure the biggest single foreign investment in the Czech Republic since the fall of…
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Business News
Czech government announces record Q1 economic growth figures. Czech industrial production rises 3.0 percent in March. Low-key ceremony marks signing for Hyundai's Czech…
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Czech government announces record Q1 economic growth figures
The Czech government announced record first-quarter economic growth figures this week suggesting that the economy is growing faster than ever before. Jiri Havel, deputy…
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Czech Airlines scores high on service, but at what cost?
Transport is always news here in Prague, one of Europe's most popular tourist destinations. Czech Airlines seems to be doing a good job - although they posted a loss, they…
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