Business
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Business News
Hyundai contract to be signed soon. Energy company CEZ earns record profits. Czech airlines reports substantial losses. CSOB bank sees healthy economic results for 2005…
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Business News
New social benefits to parents of young children. National debt increases by 100 billion crowns last year.Kapsch confirmed as company to build electronic toll system. Aero…
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Business News
It's time for this week's business news, which saw the release of some major economic statistics. With elections only three months away, these figures are bound to play an…
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Czech economy reports record growth, three months before elections
The Czech economy reported record growth last year - new figures released by the Czech Statistics Office show the economy growing by 6 percent, the highest figure in the…
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Czech shoemakers: EU anti-dumping duties on Asian shoes will not contain cheap imports
Just like many other industries, European shoemakers are finding it hard to compete with an influx of cheap products from Asia, and the Czech Republic, with its great…
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Business Briefs
The Toyota-Peugeut-Citroen automobile plant (TPCA) in Kolin, east Bohemia, is in line to produce 300,000 cars per year; Russian President Vladimir Putin has indicated some…
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World Bank marks Czech Republic's graduation to 'developed' status
This Tuesday the President of the World Bank Paul Wolfowitz is in Prague to mark an important shift in how the Czech Republic is viewed. Until now, the country was…
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Eva Stepankova - the president of "herbal beauty"
Many Czech women have, at least once in their life, come across cosmetics with herbal extracts produced by the Czech company Ryor. But how many have realized that the…
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Business News
In Business News: new legislation should make bankruptcy proceedings run more smoothly, while a labour code approved this week has been dividing opinion; the OECD gives…
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EU commissioner Mandelson discusses open trade in Prague
Britain's EU commissioner for trade, Peter Mandelson, came to Prague on Tuesday to hold a speech at an international business conference. Before the event, Mr Mandelson…
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Business briefs
In the business news this week: Czech foreign trade shows its first ever surplus, the Finance Ministry raises its GDP growth forecast as the crown hits a new high against…
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Government scrambles to save troubled LG Philips Displays
For some 1,300 workers last week as well as the Czech government the suspension of production at the country's LG Philips Displays plant - the 2nd largest investment…
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