Business
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October a month of solid growth for the Czech economy, say statisticians
In October, Czech industry experienced the second best result in 2018 in terms of year-on-year growth, as the Czech Statistical Office reported growth of 6.7 percent…
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The Scala – Škoda’s new hatchback seeks to impress with emotive design and hi-tech interior
The famous automobile manufacturer Škoda Auto presented its newest model at a special unveiling in Tel Aviv on Thursday. The hatchback, which is called Scala, is expected…
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Babiš: Morocco could become the Czech Republic’s largest trading partner in Africa
Czech Prime Minister Andrej Babiš launched a bilateral Czech-Moroccan Business Forum in the city of Casablanca on Wednesday. In his speech, Mr. Babiš said that Morocco…
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Some 10,000 Czech businesses fronted by homeless “white horses”
It is generally still easier in the Czech Republic than elsewhere in the EU to hide crucial parts of corporate structures – including the ultimate beneficial owners of a…
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South Moravian winery’s Rulandské bílé declared best Czech wine of 2019
Tuesday saw representatives of the National Wine Centre and a special evaluation committee announce the best Czech wine of 2019. The winner is the Rulandské bílé, a…
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Average monthly salary up by 8.5 percent compared to last year
The Czech Statistical Office reports that the average monthly salary in the Czech Republic is now at CZK 31,516, an 8.5 percent year-on-year increase. Indeed, growth in…
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Government set to release national investment plan worth trillions of crowns
Andrej Babiš and his ministers are promising to introduce a so-called “national investment plan”, which will summarize countrywide infrastructure improvement needs as well…
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Czechs donated over eight billion crowns to charity this year
Czechs donated eight billion crowns to charity in 2018, according to a report released by the Czech Donors Forum this week. It also suggests that an increasing number of…
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Number of foreign workers in Czech Republic increases to over half a million
The number of foreigners working in the Czech Republic has more than tripled since the country’s accession to the European Union in 2004. At the moment, there are more…
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Czech start-up could help millions of people suffering from poor vision
A Czech-US start up called DOT Glasses could help millions of people all over the world, who are in need of glasses but can’t afford them, the daily Hospodářské noviny…
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Czech purchasing power rising with GDP growth, firming koruna
The Czech economy has been outperforming its central European neighbours and is set to reach something of a psychological milestone next year, when GDP per capita is on…
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Czech property price rises slow – but not in Prague
The rise in apartment prices in the Czech Republic, which has been extremely rapid in recent years, has come to a halt or at least decelerated, due to Czechs reaching the…
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