Business
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Deloitte: Housing rents in Czech capital up nearly 50 pct since 2014
Average housing rents in the Czech capital increased by nearly 50 percent over the past five years, according to an analysis by Deloitte, commissioned by Prague City…
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Babiš to Toyota: You will not find a better place in Europe for car production
Prime Minister Andrej Babiš hopes that Toyota will expand its investment in the Czech Republic and start manufacturing hydrogen powered cars in its factory in Kolín…
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Golf equipment sales down as interest in golf declines
In the first decade of the new millennium, the Czech Republic experienced an unprecedented golf boom, with new golf courses cropping up all around the country. However…
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Many Czech households bracing for higher heating costs
Although Czechs are still enjoying above-average temperatures for October, the first spell of cold weather is just around the corner and many Czech households are bracing…
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Prague City Hall terminates memorandum with e-scooter operator Lime
Prague City Hall councillors have voted to terminate a memorandum of cooperation with shared e-scooter operator Lime on the grounds that the company is not adhering to the…
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Growing demand for Czech brew masters as the fame of Czech beer reaches Antarctica
The popularity of Czech beer is growing both in traditional export markets such as the US and Canada, and in unlikely destinations such as Antarctica. Not only are exports…
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Czech companies dominate Deloitte’s Central European tech ranking
Despite the country’s recent fall in the World Economic Forum’s global competitiveness report, Czech technology start-ups seem to dominate in the Central European region…
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State subsidies drive up bus passenger numbers
State-subsidised travel for senior citizens and students has led to full buses in the Czech Republic, iDnes.cz reported. Experts say the government scheme is encouraging…
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Czechia drops to 32nd place in WEF Global Competitiveness Report
The Czech Republic has dropped by three positions to 32nd place in the World Economic Forum’s 2019 Global Competitiveness Report. Despite that, Czechia remains the most…
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Czechia now ahead of Spain in GDP per capita, but still below EU average
The Czech Republic is now ahead of Spain in terms of GDP per capita adjusted to purchasing power parity (PPP). At least according to the latest OECD data, which show the…
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State to limit access of firms and farmers to water in times of drought
The Czech state is planning to limit the access that manufacturers and farmers have to water in times of drought, iHned.cz reported. However, critics say new legislation…
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Public phones to disappear from Czech streets
Public phone booths are soon to disappear from Czech streets. Mobile phone operator O2 announced on Wednesday that it will terminate their operation by the end of the year…
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