Science and technology
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Business briefs
Encouraging economic growth results. Price hikes expected in the summer. Interest rate cuts on mortgage loans. Unemployment rate drops due to seasonal work. Apple Computer…
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Are Czechs computer literate?
Central European countries, including the Czech Republic, have gone through a computer revolution over the last decade. Whereas ten years ago a lot of offices still used…
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The National Museum launches an internet portal about the most notable Czechs & Slovaks in history
Are you interested in Czech and Slovak history or fascinated by the lives of famous Bohemians? If you are, we may have just the website for you: a new portal designed by…
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Prague Observatory displays moldavites - unique "Czech"semi-precious stones
Did you know that one type of semi-precious stone is found almost exclusively in the Czech Republic? Even its name suggests that it comes from this country. The greenish…
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Spain's Telefonica signs a historic deal for a majority share in CeskyTelecom
One of the biggest privatisation deals since the fall of communism has been signed and sealed. The Spanish Telefonica now owns a 51 percent stake in Cesky Telecom - the…
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Business briefs
Cabinet approves sale of Cesky Telecom to Telefonica; Communists want to link confidence vote with bill on assets declaration; Czech Airlines (CSA) buys 12 Airbus planes…
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Sale of Cesky Telecom to Spain's Telefonica good news for customers, says analyst
On Wednesday the Czech government confirmed that it is selling its 51-percent stake in Cesky Telecom to Spain's Telefonica. The price - 82.6 billion crowns, or around 3.5…
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Business briefs
Telefonica of Spain bids over $3.5bn for Cesky Telecom; National Property Fund to be wound down this year; Senate rejects Civic Democrats''squeeze out' proposal on…
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Final decision on Cesky Telecom privatization expected within days
As we await Friday's vote of no-confidence in the government, Prime Minister Stanislav Gross has said the government is ready to privatise the state owned Czech fixed-line…
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Multipurpose virtual robot helps in cancer research
A company based in the city of Brno recently announced the creation of what they call the first Universal Information Robot. The company says that the robot can help…
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Magazine
"Shipwrecked" Czech foreign minister rolls up his trouser legs and wades to a fishing boat! A town invites professional sniffers to analyze its air. And Czech…
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Britain's Vodafone to buy Oskar Mobil in Czech record-breaking deal
The purchase of Oskar Mobil is reported to be the single-largest transaction in the Czech Republic involving a private company. What will it mean for the domestic market?
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