Business
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Business News
A new report indicates that Czech industrial profits for 2004 to 2004 tripled to 179 billion crowns (over 8 billion USD), as the workforce decreased by 35,000. Business…
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Czech Consolidation Agency still missing half a billion crowns
The state bail-out agency, the CKA, is frantically looking for 500 million crowns (close to 21 million US dollars) that have disappeared from its accounts. The agency…
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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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