Business
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New website lets people know if they have unclaimed money from voucher privatisation era
A new website called Zapomenuté miliardy (Forgotten billions) offers Czechs the chance to find out if they own unclaimed shares distributed during the privatisation era.
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Prague hotels fight for clients as room prices fall up to 50 percent of pre-pandemic value
State coronavirus subsidies for businesses have now been cut, but the Czech hospitality sector is still struggling.
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Olomouc-based bikesharing company Nextbike expands to over 20 cities
The Olomouc-based Bikesharing company Nextbike has expanded to over twenty cities in the Czech Republica and currently operates nearly 5,200 shared bicycles and e-bikes.
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Writer Bohumil Hrabal’s holiday home on market for CZK 12 million
The former holiday home of famous Czech writer Bohumil Hrabal in Kersko, east of Prague, is now on sale for the price of CZK 11.9 million.
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Housing distress an increasing problem in Moravia-Silesia
The number of people in Moravian Silesian region who are at risk of losing their housing or living in unsatisfactory conditions has been growing, Czech Radio reported.
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“No end in sight” for inflation on Czech housing market
Property prices in the Czech Republic increased by an average of 11.9 percent year-on-year in the first quarter of 2021, after rising by 8.9 percent in the previous one.
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Former slate mines set to re-open in Moravia Silesia
There are many abandoned slate mines around Opava and with growing demand for the precious raw material, investors would like to resume its mining.
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Prague Airbnb market recovering but still way down on pre-Covid levels
With the easing of travel restrictions, the demand for short-term accommodation through house-renting applications, such as Airbnb or Booking.com is slowly increasing.
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Fast rising prices of building materials reflected in Czech property prices
Rising prices and shortages of building materials are beginning to be reflected in apartment prices in the Czech Republic, the Czech News Agency reported.
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Prague Transport Authority signs contract for construction of metro D line’s first section
Prague Public Transport Company has signed a contract with a consortium of companies for the construction of the first section of the planned new line of the Prague metro.
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Insurers put tornado damage at CZK 3.6 billion as state offers support
Insurance companies estimate the damage caused by a tornado last Thursday at CZK 3.6 billion. Meanwhile, businesses hit by the disaster can get special government aid.
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Lack of materials and rising prices impacting Czech road projects
Road construction projects in the Czech Republic are facing problems as builders complain that essential materials are increasingly hard to source, Czech Television said.
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