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Business NewsBusiness briefs
EU wants Czechs to give up 'golden shares'; State budget for 2005 signed
into law; Eurotel ordered to pay 48m crown fine; Eurotel ordered to pay
48m crown fine; Record-high Czech beer exports in 2004
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Current AffairsRelaxed EU borders see Zetor tractor sales rise
The Czech Republic's most renowned tractor manufacturer Zetor - which used
to have assembly plants in Asia and North America - is currently
experiencing a new boom in sales. With the Czech Republic now in the EU, the recently privatised company hopes to regain its status as
the region's biggest and most respected tractor producer.
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Current AffairsLow dollar generally favourable to Czech economy
From an all time high of 42 CZK in 1997, the value of the US dollar against
the Czech crown has been plummeting in the last year or so. The mighty
greenback is now only worth around 23 CZK.
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MailboxMailbox
This week: Czech exports to South Africa, railway museums in the Czech
Republic, Radio Prague email newsletter. Listeners quoted: Clifford
Riffel, South Africa; Edward Turnbull, England; Beverly Moss, United
States.
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Letter from PraguePrague's sidewalks - no place for a farm girl in high heels!
Not only does summer bring smog and sweaty trams to Prague, it also sees
the return of women in open-toed high-heels tettering across cobblestones.
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Business NewsCzech trade after EU accession: revolutionary changes
After joining the EU, the Czech Republic will abandon its trade policy in
favour of a common trade policy directed from Brussels. This will mean a
loss of some trade benefits, including the GSP benefits granted by the
United States. On the other hand, the move will present new opportunities
for Czech firms in other parts of the world.
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Business NewsBusiness News
30 percent of Czech exporters seen not ready for EU competition. Boeing to
leave Aero without compensation. Czech January producer prices jump more
than expected. Retail sales in December grow 6.3 percent year-on-year.
Industrial output rises by 8.9 percent in December. More
Business NewsCzech exports: not just machinery and glass
When you ask about Czech exports, the most common answer will be beer,
trams, cars, machinery, and glass. Few people would know about the less
usual yet highly successful export items, such as wooden toys, paddles and
oars, as well as for example police weapons such as truncheons, and
granite and marble tombstones. In some cases, Czech products have a
significant share of or dominate local markets in other countries.
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Business NewsNew project to help Czech exporters succeed
The Czech government's trade promotion agency, CzechTrade, the Czech branch
of the international audit and consultancy company Deloitte & Touche
and the consultancy firm Adwise have launched a new service for Czech
companies - a practical training course aimed at helping companies with
gathering information about foreign markets, building knowledge management
systems, and improving their presentation skills.
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Current AffairsNew project to help Czech exporters succeed
The Czech economy is export-oriented but success of Czech products on
foreign markets depends on a number of factors, not just their quality but
also the firm's knowledge of local social, legal and business conditions
as well as presentation skills. Vladimir Tax reports on a new project that
should help improve the competitiveness of small and medium-sized Czech
firms.
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