Business
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Czech spending watchdog finds significant waste in forestry programmes
The Czech Republic’s spending watchdog has roundly criticized the way state and European funds were used in connection with different projects to maintain and improve the…
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Czech pink pill gets protection
French pharmaceutical company Sanofi has registered the colour and shape of the famous Czech painkiller Ibalgin, the daily Hospodářeké noviny reported on Friday. The round…
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IKEA pop-up store to open in Prague centre
Swedish furniture giant IKEA will open a new store in the very centre of Prague this summer, the daily e15 reported on Thursday. A temporary pop-up store selling living…
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Czech inflation slows in December, 2017 price rises at 2.5 percent
The pace of annual Czech inflation slowed in December to 2.4 percent from November’s 2.6 percent.
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Czech unemployment rose in December but still remains lowest figure for December in 20 years
Unemployment in the Czech Republic rose in December following a four-month decline, going from 3.5 in November to 3.8 percent. The figure was released on Tuesday by the…
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Czech Hyundai car plant expects drop in 2018 output
The Czech auto sector, both cars and components, is booming. But the boom is not shared equally between the country’s biggest producers. While the biggest manufacturer…
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New Czech law seeks to cut food waste
At of the start of 2018, a new amendment to the Food Act came into effect in the Czech Republic, requiring all supermarkets over 400 square metres to donate unsold but…
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Czech bank governor lands top European award
The governor of the Czech National Bank has received one of the most prestigious awards in the sector – the title of European bank governor of the year from The Banker…
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Driver shortage leads to public transport restrictions in Prague
Passengers on Prague’s public transport system may find these days that they are waiting longer than usual for trams, buses and underground trains. Operators say they have…
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Spending spree continues even after holidays
Retailers have continued to register high sales even after Christmas, rivalling that of pre-holiday spending and marking a rise of roughly five percent year-on-year…
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Czechs look upmarket to boost British sales
In recent years, Czech two way trade with the United Kingdom has advanced by leaps and bound. The country was already the fourth biggest Czech trade partner two years ago…
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Czechs like flirting at work says poll
More than 94 percent of Czechs admit to, at one time or another, having flirted at work. Polls also suggest that often flirting turns into short-lived romances or…
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