Business
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Czech university graduates demand higher starting salaries
Czech university graduates are getting more demanding in terms of their starting salaries, suggests a survey carried out by Swedish consultancy Universum, published by the…
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Parliamentary commission to file criminal complaint against four former ministers for their role in…
The lower house‘s Investigatory Commission on OKD announced on Tuesday that it has decided to file a criminal complaint against four former government ministers for their…
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Moody’s raises Czech credit rating for first time in 17 years
Moody’s has raised the Czech Republic’s credit rating by one level. It cited the country’s strong budget performance and low debt as the main reasons for its first upgrade…
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Tesla opens first official showroom in Czech Republic
US electric car maker Tesla has opened its first showroom in the Czech Republic. Its official dealership is in Prague’s Vysočany district, where Tesla already operates a…
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Karel Gott’s Mona Lisa to be put up for auction
As tributes to the late Czech singer Karel Gott pour in from at home and abroad following news of his death on Wednesday, the Kodl Art Gallery in Prague has announced it…
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Forbes: Petr Kellner remains the richest Czech
Petr Kellner, owner of investment group PPF, remains the richest Czech, according to an annual rich list published by Forbes on Wednesday. The market value of his assets…
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Minister proposes end to tax break enjoyed by non-working married people
Tax breaks for married people who don’t have jobs but aren’t looking after anybody at home should be discontinued, says the minister of labour and social affairs, Jana…
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Czech firms increasingly keen to employ prisoners
Companies in the Czech Republic are increasingly interested in employing prisoners, Hospodářské noviny reported on Monday. According to data from the country’s prisons…
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ČEZ and NuScale to cooperate on development of small modular nuclear reactors
The Czech state-controlled energy giant ČEZ is set to develop small modular nuclear reactors in cooperation with the U.S. firm NuScale Power. On Thursday, the two…
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Undercover Czech inspectors reveal dual pricing, EET evasion, in Prague tourists areas
Unscrupulous businesses continue to engage in dual pricing and other illegal practices, especially in areas heavily visited by foreign tourists, according to the Czech…
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Trust in Czech economy hits five year low
The level of overall trust in the Czech economy has fallen to a five year low according to the results of a monthly industry survey conducted by the Czech Statistical…
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Savarin Palace in central Prague set for major renovation
The Baroque Savarin Palace in the centre of Prague is set to be revamped into a new public space with shops, restaurants, offices and a Time Out Market. The Crestyl Group…
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