Business
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Prague flats most expensive in Central Europe, in terms of average earnings
The average apartment in the centre of Prague is not only far more expensive than a comparable flat other central European capitals, such as Bratislava or Warsaw, it is…
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iHNed: Electric car market set to take off next year
A major increase in electric cars driving on Czech roads is expected in the coming years, with some experts predicting up to a quarter of a million electricity powered…
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Level of digitalization in public administration considered inadequate
The present level of digitization in public administration will be woefully inadequate in three to five years according to a survey among its employees conducted by CEEC…
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Czech PPF Group biotech firms begin trials to extend lives of cancer patients
Biotech companies within the PPF Group, controlled by Czech billionaire Petr Kellner, are reporting advances in efforts to extend the lives of cancer patients. The…
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Sazka bids for complete control of one of Europe’s largest betting firms
The Czech lottery company Sazka Group has submitted a bid to buy out the remaining shares in the Greek company OPAP, which going by revenue is the fourth largest betting…
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Czech industrial production dips slightly in May but foreign trade surplus grows
The Czech Republic’s year-on-year industrial production figures grew by 3.2 percent in May, 0.1 percent less than in the previous month, according to figures released by…
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Czech guitar makers hope to expand business in US by setting up branch in Nashville
The Czech guitar manufacturer Furch Guitars has been growing steadily since the Velvet Revolution and its instruments are played by many famous musicians. Now the company…
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CRIF: number of personal bankruptcies in June drops, overall rise anticipated
This June, 926 personal bankruptcies were officially registered in the Czech Republic, a drop of 341 from May and the lowest number in any month this year. But overall…
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Study: Czech municipalities adept at managing finances
Czech municipalities have become adept at managing their finances, suggests a study carried out by credit rating agency CRIF and cited by the news website iDnes.cz. The…
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Availability of good jobs around country keeping commuting down in CR
Around a million Czechs commute to work every day. However, most people resent time spent travelling to their place of employment and the majority of those who have the…
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Study: Czechs increasingly opting for healthful foods
Czechs are increasingly purchasing healthful foods thanks to growth in the popularity of active lifestyles and rising salaries, as well as the fact that retailers are now…
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České Budějovice Airport to dispatch international public traffic
The long-term modernisation of České Budějovice Airport in South Bohemia has been completed, regional authorities announced on Thursday. The airport received permission…
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