Business
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Czechs show entrepreneurial activity in spite of coronavirus economic fallout
According to data from Bisnode, around 2,000 companies have been launched every month since the pandemic arrived in the country in March.
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Energo-Pro launch of Turkish plants caps biggest Czech investment in hydropower since 1989
Energo-Pro has begun operating new hydropower plants in Turkey, capping the largest Czech investment in the industry since November 1989, at more than $800 million.
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Professional bartender breaks through doom and gloom delivering cocktails to peoples doorsteps
One Pardubice bar is trying to stay afloat and spread some good cheer among its clients. Cocktails are delivered to people’s homes with all the trimmings.
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Despite Covid-19, Czechs spend record sums on mortgages
Despite the economic impacts of the coronavirus crisis, Czechs are borrowing record amounts for housing.
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Second wave means worse economic outlook but restrictions seen less impactful than in spring
The crisis surrounding Covid-19 is likely to cause the Czech economy to contract by around 8.5 percent this year, economists say.
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Czech mountain resorts invest CZK 750 million ahead of winter season
Czech mountain resorts invested some 750 million crowns into their development this year, the Czech Association of Mountain Resorts said at a press conference on Wednesday.
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Over 60 percent of women admit to buying goods they do not need because of discounts
Shopping surveys indicate that the majority of Czechs are still heavily influenced by discounts in their choice of goods.
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HN: Crisis leads to more cash payments among small firms
The central bank says the crisis has caused Czechs to withdraw more cash from ATMs than usual, though in some cases it is small firms that are using paper money.
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Forbes: Kellner remains richest Czech despite considerable drop in assets
Petr Kellner, owner of investment group PPF, remains the richest Czech, according to an annual ranking published by Forbes .
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Cabinet extends support for firms hit by crisis amid raft of measures
The Czech government has extended one plank of its Antivirus progamme supporting businesses hit by the coronavirus crisis.
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Industry group: Covid crisis causing up to 40 percent fall in spirits sales
Sales of spirits in the Czech Republic are set to fall by between 35 and 40 percent this year, the national Spirits Producers and Importers Union has said.
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Czech production of iconic ‘Lentilky’ candy moving to Germany
For more than 110 years, the rainbow-coloured, sugar-coated chocolate Lentilky candies were made in Moravia. Nestlé want to unify a recipe for Lentilky and Smarties.
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