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Business NewsBusiness briefs

23-09-2005 14:00 | Brian Kenety

D8 motorway Swedish broadcaster MTG reported buyer of TV Prima; CME pays $119m for Galaxie Sport channel; EIB to lend Czech Republic some $167m towards highway construction; Government approves $207m military truck contract with Tatra; Airlines to pay more for flyovers; Czech-based drugs maker Zentiva buys into Romania's Sicomed for $200m  More

Letter from PragueFrom petrol to cooking oil

18-09-2005 | Daniela Lazarová

The car of Miroslav Saloun is converted to gas, photo: Jan Rychetsky (PRAVO) Forget the weather - the hot topic in Prague this summer is the price of petrol. For a nation of country cottage enthusiasts for whom a weekly trip to their country cottage is a must the price of petrol is a big deal. And it has been climbing steadily all summer. Nowadays you'll see many drivers slowing down as they go past a petrol station with an eye out on where you can get the lowest price.  More

Business NewsBusiness briefs

16-09-2005 13:28 | Brian Kenety

President Klaus vetoes regional hospital bill; Czech economy posted GDP growth of 5.1 percent in 2Q; Market research survey shows growing disparity in purchasing power between Bohemia and Moravia; South Korean automaker Sungwoo Hitech to build $105m plant here; Czech Republic building highways at fastest rate ever, but at a greater cost than many European countries  More

Current AffairsToo much of a good thing?

17-08-2005 15:34 | Daniela Lazarová

Czech roads are considered to be among the most dangerous in Europe: 1,200 people are killed in road accidents every year. The traffic police claim that this is largely due to undisciplined drivers and their own lack of clout in enforcing traffic regulations. But ask motorists to tell you their side of the story and you'll hear plenty of different arguments: poor road maintenance which makes them swerve unexpectedly to avoid potholes, overburdened highways and too many distractions in the form of road-signs, billboards and even memorial stones of people killed in an accident on a given spot.  More

Current AffairsTraffic and road safety bill hits hurdle - again

04-08-2005 14:50 | Jan Velinger

Czech roads have one of the worst reputations in Europe thanks to an appalling number of road accidents and related fatalities every year. Although legislators have now spent almost two years trying to agree on an overhaul in legislation improving the situation, they're not quite there yet. More

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