Former CzechInvest head wants to establish new Czechinvent agency

A former director of the CzechInvest agency would like to set up a new body, Czechinvent, Euro reported. Radomil Novak told the weekly Czechinvent could support applied research and innovation in the Czech Republic. Last week he discussed its establishment with officials in Prague. Mr Novak is very critical of how his old employer CzechInvest has been dealt with by Trade Minister Martin Riman, accusing the ministry of paralysing it. Around half of the agency's staff have left since Mr Riman sacked Tomas Hruda as director.