Business
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Skoda to enter the booming Russian market
The Volkswagen Group, that owns the Czech carmaker Skoda, last week announced its decision to enter the booming Russian car market. The plan is to start assembling the…
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Final decision on huge Czech Hyundai plant imminent
A final decision is expected to be announced shortly on a huge foreign investment to the Czech Republic. A Czech delegation is on its way back from South Korea, where it…
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Prague Stock Exchange continues to see record trading
Investors' pockets have grown a little fatter in the past 12 months, as the Prague Stock Exchange had a second year of unparalleled growth in 2005, even reaching the one…
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Record figures for state investment agency in 2005
The state agency for attracting investment, CzechInvest, had some positive news on Monday: last year the agency secured a record number of investments, worth a total of…
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Jeremy Rifkin: Czechs can help build the new 'European Dream'
Jeremy Rifkin is one of the most controversial American academics. The economist, philosopher, university professor and writer has published 17 books on the impact of…
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Otto Jelinek - Czech Republic's new International Coordinator for Economic Activities
The Czech Republic currently has several institutions that promote it abroad. CzechInvest and CzechTrade, for example, focus on business and economics. CzechTourism is…
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Experts express concern over rising levels of consumer debt
There are rising concerns being voiced in the media that Czech households are getting deeper and deeper into debt, and more and more of them are having trouble paying back…
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Can Ukraine's gas crisis spill over to Czech Republic?
Russia's decision to cut gas supplies to Ukraine this Sunday has caused concern in much of Central Europe. Most of the European Union's gas is supplied by Russia, much of…
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Business News
In this week's Business news: a decision on whether to build a huge Hyundai car plant in Moravia has been postponed; over half the checks made on Christmas markets by the…
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2006 to bring higher social benefits, more expensive utilities
This Sunday, New Years Day, will find many Czechs - like people around the world - making New Year's resolutions. But they won't have any say over some changes, which have…
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Business News
In Business News: the National Bank governor warns the government's spending programme for 2006 could jeopardise plans to introduce the euro in 2010; the cabinet rejects…
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Business briefs
Deadline approaching on land-swap deal at proposed $1.2bn Hyundai car plant site; Hourly wages in Czech Republic among the lowest in the OECD; If 'old' EU members keep…
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