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Business NewsBusiness News
In this week’s business news: Czech banks are getting ready to sign off
on what could be the largest-ever club deal, negotiations between Škoda
Auto management and unions continue, the Czech Agrarian Chamber’s
president has said that egg prices will stabilize, the cost of fuel has hit
a record high and the American coffee retailer Starbucks has opened its
first Czech branch outside of Prague. More
Current AffairsRadioactive Waste Depository Authority launches multi-million-crown incentive to win over municipalities for possible nuclear waste sites
While the Czech Republic relies on nuclear power for some 30 percent of its
total energy supply, the Radioactive Waste Depository Authority is facing
difficulties in finding new locations for depositing nuclear waste. As an
incentive for municipalities to agree to geological research on their
territory, the state-run authority is now offering mayors millions of
crowns. Sarah Borufka has the details. More
Business NewsBusiness News
In this week's Business News, the Czech Republic sees a fall in truck
production; household spending stagnates; January sees inflation up again;
social security finds itself in the red for three years in a row and
supermarkets are caught re-labelling out-of-date food. More
Business NewsBusiness News
Economy grows by 1.2% in 3Q; criminal liability for companies passes
parliament; fifty billion crowns in deals for Czech and Russian businesses;
inflation accelerates to 2.5%; construction continues decline. More
Current AffairsStruggling Czech Airlines to dismiss one-third of pilots
The struggling state-owned carrier Czech Airlines announced on Monday it
will a dismiss a third of its pilots as part of restructuring plans, with
some receiving their pink slips as early as this week. According to the
firm, up to 100 pilots will be let go, although, the company suggests the
cloud may have a silver lining: the possibility of further employment with
subsidiary company Holidays Czech Airlines. The catch is that working for
the subsidiary will be nowhere near as lucrative, offering significantly
lower salaries. More
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