Business
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Takeaway helps eateries survive but generates fraction of regular revenue
Prague restaurant operators say takeaway sales represent only a fraction of their normal turnover, though even that is helping them survive the current crisis.
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Business unions declare Saturday “Window Day” in support of restaurants
Business unions have launched a one-day campaign in support of the gastronomy sector which has been severely hit by the coronavirus restrictions.
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Report: Deployment of robots in Czech factories slows
The number of industrial robots operating in the Czech factories has dropped for the second year in a row, suggests a report by the International Federation of Robotics.
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Czechs show entrepreneurial activity in spite of coronavirus economic fallout
According to data from Bisnode, around 2,000 companies have been launched every month since the pandemic arrived in the country in March.
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Energo-Pro launch of Turkish plants caps biggest Czech investment in hydropower since 1989
Energo-Pro has begun operating new hydropower plants in Turkey, capping the largest Czech investment in the industry since November 1989, at more than $800 million.
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Professional bartender breaks through doom and gloom delivering cocktails to peoples doorsteps
One Pardubice bar is trying to stay afloat and spread some good cheer among its clients. Cocktails are delivered to people’s homes with all the trimmings.
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Despite Covid-19, Czechs spend record sums on mortgages
Despite the economic impacts of the coronavirus crisis, Czechs are borrowing record amounts for housing.
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Second wave means worse economic outlook but restrictions seen less impactful than in spring
The crisis surrounding Covid-19 is likely to cause the Czech economy to contract by around 8.5 percent this year, economists say.
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Czech mountain resorts invest CZK 750 million ahead of winter season
Czech mountain resorts invested some 750 million crowns into their development this year, the Czech Association of Mountain Resorts said at a press conference on Wednesday.
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Over 60 percent of women admit to buying goods they do not need because of discounts
Shopping surveys indicate that the majority of Czechs are still heavily influenced by discounts in their choice of goods.
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HN: Crisis leads to more cash payments among small firms
The central bank says the crisis has caused Czechs to withdraw more cash from ATMs than usual, though in some cases it is small firms that are using paper money.
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Forbes: Kellner remains richest Czech despite considerable drop in assets
Petr Kellner, owner of investment group PPF, remains the richest Czech, according to an annual ranking published by Forbes .
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