Business
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Bookings suggest Czechs are hyped for summer holidays, despite pandemic
Despite the pandemic, Czechs are busy preparing for the summer holidays. Travel agencies have already sold thousands of tickets.
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Work from home phenomenon leading to lower office rents
With many offices empty due to the coronavirus situation, some Czech companies have become subletting space – and offering lower rents and other incentives.
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Unemployment climbs to 3.4 percent in January
Unemployment in the Czech Republic rose to 4.3 percent in January, up from 4 percent in December, according to data released by the Czech Labour Office on Friday.
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Czechia saw sharpest economic downturn in its history in 2020
According to a fresh estimate by the Czech Statistics Office, the country’s Gross Domestic Product fell by 5.6 percent in 2020.
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Takeaway lunches helping keep restaurants in Czechia afloat
Take away lunches are helping to keep restaurants and pubs around the Czech Republic afloat during the coronavirus crisis.
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Sales of used cars drop by nearly 50 percent as a result of Covid pandemic
The coronavirus pandemic has affected not only sales of new cars, but also sales of second-hand vehicles.
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Budvar boosts beer production despite coronavirus pandemic
Despite the coronavirus pandemic, Czech state-owned Budějovický Budvar brewery in South Bohemia produced a record amount of beer last year.
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Prague hotel market hardest hit in Europe but bounce back anticipated
The hotel market in Prague has been the hardest hit in Europe since the coronavirus pandemic hit the continent, with a fall-off of 84.6 percent in revenues per room.
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Demand for cross-country skis skyrockets as Czech winter centres remain closed
Closed ski centres have compelled Czechs to switch from downhill to cross country-skiing. Producers and retailers say demand has grown exponentially .
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Benefits during pandemic for bankrupt entrepreneurs, taxi drivers, foster parents
Bankrupt entrepreneurs may be able to draw a so-called compensation bonus of 500 crowns per day, retroactively, if their businesses were impacted by the Covid-19 pandemic.
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Passenger numbers at Prague Airport drop by nearly 80 percent
The number of passengers going through Prague’s Václav Havel Airport dropped by nearly 80 percent last year as a result of the coronavirus pandemic.
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Car production down nearly 20% but industry feared even greater fall
The production of cars in the Czech Republic – one of the country’s most important industries – declined by no less than 19.2 percent last year, a record.
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