Business
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Business News
Komercni Banka clients hit by on-line thieves. Czech-Chinese business relations grow. Lithuanian-based bank opens office in Czech Republic. Mountfield records growing…
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Czech Airlines in trouble
State-run Czech Airlines posted a 773 million crown loss in the first half of the year, bringing its overall debt to half its basic capital. The company's management said…
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Business News
In Business News: the public finance gap will again exceed euro adoption criteria next year - the outgoing finance minister says that will not impact plans to adopt the…
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Business News
In Business News this week: the Czech crown reaches a record high against the Euro; the Euro is accepted by half the country's chain stores; RWE Transgas is hit by the…
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Czech economy booming despite growing oil prices
Figures just released by the Czech Statistical Office indicate that in spite of the country's drawn out political crisis and the growing price of oil on world markets the…
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Business News
In Business News: electricity prices are set to rise sharply in 2007, after an auction held by producer CEZ; Amnesty International criticises arms exports from the Czech…
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CEPS: Last week's power crisis caused by sequence of accidents throughout Europe
Last week the Czech Republic suffered its most serious power crisis in decades, which forced the Czech transmission grid operator to declare a state of emergency and…
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Business News
In Business News: the Czech National Bank raises interest rates by a quarter of a percent to 2.25; more than a a quarter of firms in the Czech Republic bribe officials to…
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Czech wine producers and their role in the European wine sector
"If we do not make a bold reform proposal, there will be wine producers in Europe who will suffer a painful death," said European Agriculture Commissioner Mariann Fischer…
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Business News
In Business News: Vodafone has halted plans to launch a UMTS mobile phone network; the Telecoms Office is considering allowing a fourth mobile operator to enter the Czech…
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Business News
In Business News: the number of applicants per job stands at 5.2, the lowest figure for eight years; the country's biggest steelworks is to let 1,000 workers go, with more…
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Czech crown gains on world markets
Visitors to the Czech Republic may have noticed that their dollars or euros don't go as far as they did even a year or two ago, as the Czech currency - the crown - gets…
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