Business
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Prague stock exchange seeks new start with small company offers
Prague’s stock exchange has had something of a roller coaster existence after it reopened in 1993, a few years after the fall of communism in 1989. It's now looking to…
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Czech group ousts Chinese flagship investor, CEFC, from control of local empire
The Chinese group at the centre of Czech moves to boost relations and economic ties with Beijing has suffered a high profile and embarrassing setback. A Czech investment…
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Rail connection to Prague airport comes step closer
Work on the most complicated section of a rail connection between central Prague and the city’s Václav Havel Airport can go ahead after the withdrawal of a petition…
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Small country Czechs ponder AI opportunities and challenges
Artificial intelligence is sometimes referred to as the new oil and is seen as one of the main drivers of economic growth in the decades going forward. For the Czech…
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Czech telecoms market set for shake-up on Vodafone-UPC deal
The British-based Vodafone Group has agreed to buy US cable operator Liberty Global’s operations in four European countries, including the Czech Republic. The deal, which…
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Czech economy still booming but how long can growth be sustained?
After strong growth last year, the Czech Republic’s economy continues to thrive. Indeed, according to freshly released preliminary figures, gross domestic product expanded…
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ANO and Social Democrats reach agreement on changes to law on electronic cash registers
The ANO party which is trying to form a coalition government with the Social Democrats, with tacit support from the Communist Party, is preparing changes to the law on…
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Czech state forest boss felled amid calamitous bark beetle infestation
The head of the state-owned forestry company Lesy ČR, Daniel Szórád, has been sacked by the Minister of Agriculture in resignation Jiří Mílek. The reason? The continuing…
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Stork’s Nest farm owner called on to return disputed EU subsidy
The Central Bohemian Office in charge of EU subsidies has called on the present owner of the Stork’s Nest Farm and Hotel Compound, Agrofert’s Imoba company, to return the…
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Czech power giant bolsters arguments for 60 year lifespan of nuclear plants
Czech power giant ČEZ says there’s no reason why its Temelín nuclear reactor can’t operate for 60 years or more. That’s one way to deal with the problems being faced…
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Czech electricity giant highlights positives from disappointing first quarter results
Czech electricity producer and distributor ČEZ has announced a 17 percent drop in first quarter profits to 7.3 billion crowns. Turnover dropped by 14 percent to 45.4…
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Czech supermarket runs with cricket flour offer
Penny Market is the first supermarket chain in the Czech Republic to sell bread made of cricket flour, news website Aktualne.cz reported on Wednesday.
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