• 08/29/2024

    The 19th annual Globsec security conference kicked off with a music festival on Prague's Štvanice Island on Thursday. The event featured performances by prominent Czech artists. Some conference participants, including Globsec founder and president Róbert Vass, also spoke. The conference, previously held in Bratislava, has moved to Prague and will run from August 30 to September 1 at the Hilton Hotel. Around 2,000 guests from over 70 countries are expected, including European Commission president Ursula von der Leyen, 10 Prime Ministers and Presidents, and a strong Ukrainian delegation.

    Author: Vít Pohanka
  • 08/29/2024

    The Czech ammunition initiative is delivering as promised, with all deliveries proceeding as agreed, a fact appreciated by Ukraine, Czech Foreign Minister Jan Lipavsky (Pirate Party) said at a ministerial meeting in Brussels. The initiative aims to provide Ukraine with 100,000 pieces of ammunition by August and potentially up to 500,000 large-caliber munitions by the end of the year. Ukraine, facing delays in military aid from other sources, emphasized the importance of air defense systems during discussions with EU foreign ministers. Additionally, Czechia continues to advocate for restricting the movement of Russian diplomats within the Schengen area to curb espionage activities.

    Author: Vít Pohanka
  • 08/29/2024

    A new memorial was unveiled on Thursday in Ostrava-Zábřeh to honor the victims of the heaviest bombing of Ostrava during World War II. On August 29, 1944, 400 American bombers targeted industrial facilities, but many bombs hit residential areas, resulting in over 400 civilian deaths. The 2.5-meter-tall memorial, created by Ostrava sculptor Lukáš Dvorský, is made of special steel that will develop a uniform rusty appearance over time. Located near the "V Troskách" street, the memorial serves as a poignant reminder of the devastation caused by the bombing, which destroyed 123 buildings and damaged 1,500 more.

    Author: Vít Pohanka
  • 08/29/2024

    The Czech government coalition has agreed to slow down the increase in the retirement age as part of the pension reform. Instead of raising the retirement age by up to two months per year, as initially planned, it will now increase by just one month annually. This change will be proposed in the ongoing pension reform bill in the Chamber of Deputies next week, according to Minister of Labor Marian Jurečka (Christian Democrats). The adjustment aims to address public concerns while maintaining the reform's goal of ensuring the sustainability of the pension system, which is currently in deficit.

    Author: Vít Pohanka
  • 08/29/2024

    Skoda Auto has commenced production of the Octavia model at its Kvasiny plant in East Bohemia, following the transfer of the fourth-generation Superb production to the Volkswagen plant in Bratislava. This move allows the main plant in Mlada Boleslav to focus on producing electric models like the Enyaq, Enyaq Coupe, and Elroq. The Kvasiny plant continues to produce Kodiaq and Karoq SUVs, with the Octavia now being produced on the same line as the Karoq. To support this expansion, Skoda Auto opened a Kc25m training center in Kvasiny earlier this year, focusing on robotics and automation.

    Author: Vít Pohanka
  • 08/29/2024

    According to the Czech Statistical Office (ČSÚ), the number of students in preschools and primary schools in the Czechia slightly decreased between the past two school years, while the number of high school students increased. Preschools saw a decline of 4,714 children, and primary school enrollment dropped by 0.7%. Conversely, high school enrollment grew by 4.7% compared to the previous year. The rise in high school students marks a 15.2% increase over the past five years. This shift reflects broader demographic trends and migration patterns in the country.

    Author: Vít Pohanka
  • 08/29/2024

    Expect clear to partly cloudy skies. Temperatures between 30 and 33 degrees centigrade with violent storms possible.

    Author: Vít Pohanka
  • 08/29/2024

    Czech Interior Minister Vít Rakušan (Mayors and Independents Party) announced details regarding the transformation of Česká pošta. The state enterprise will split into two entities next year: one focusing on basic postal and state-related services, and the other, Balíkovna, specializing in commercial parcel services. Balíkovna, the commercial postal service provider, will be separated from Česká pošta into an independent company on April 1, 2025. Initially, it will remain state-owned to assess its independent performance before any potential sale. Česká pošta will continue operating its 2,900 branches under a new postal license while expanding services like handling government and health insurance tasks. It has managed to reduce its significant losses from previous years and is expected to operate with a "red zero" result in 2024. Its 20,000 employees will receive a 10 percent salary increase.

    Author: Vít Pohanka
  • 08/29/2024

    ČEZ, the biggest public utility group in Czechia, has finalized its acquisition of a 55.21% majority stake in GasNet, the largest gas distributor in the country, for €846.5 million (approximately 21.2 billion CZK). This acquisition supports ČEZ's strategy to transition from coal to natural gas and hydrogen in district heating by 2030. GasNet, which operates 65,000 km of gas pipelines and serves over 2.3 million customers, controls around 80% of the Czech gas distribution market. The deal, one of ČEZ's largest investments this year, will help the company advance its energy transformation and modernization efforts.

    Author: Vít Pohanka
  • 08/29/2024

    Fuel prices in the Czech Republic have decreased significantly over the past week. The most popular gasoline, Natural 95, dropped by an average of 31 hellers to 37.18 CZK per liter, while diesel fell by 43 hellers to 35.31 CZK per liter. CCS company which monitors fuel prices reports that compared to the same period last year, gasoline is now 2.5 CZK cheaper per liter, and diesel is 2.62 CZK cheaper. Prices have fluctuated notably over the past year, but recent months have seen a consistent decline, with the lowest prices currently found in Ústecký and Pardubický regions.

    Author: Vít Pohanka

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