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Current AffairsBooming Czech economy posts record number of job vacancies
The Czech Republic saw a record number of vacancies on the job market in
August - Labour Offices around the country were advertising more than
130,000 jobs last month, 10,000 more than the previous month. But what
sounds like great news for the Czech economy is actually causing headaches
for some firms.
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Current AffairsNew proposals to punish employers who fail to declare their workforce
Employing people on a cash-in-hand basis is already illegal in 17 of the
European Union's 27 member states. Now, the Labour Minister, Petr Necas,
wants to clamp down on the practice here in the Czech Republic too. He
plans to punish employers who fail to declare members of their workforce.
How? By levying them with heavy fines or even sending them to prison.
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Business NewsBusiness News
In Business News: uncertainty remains about when the Czech Republic will
introduce the euro, after the government approved an adoption plan -
without a target date; the central bank surprised many with a second
quarter-point interest rate hike in two months; the average salary was 7.4
percent higher in the second quarter than in the same period in 2006;
changes to the labour code are intended to increase flexibility; power
giant CEZ hooks up with Hungary's MOL; and Ikea plans to double its
regional presence over the next decade.
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Current AffairsCzech beer production breaks records, again
Beer is one of the most enduring symbols of the Czech Republic, with Czechs
drinking more per head than any other nation and exports growing all the
time. And it seems the country's brewing industry is currently in the
middle of a golden era - figures just released show that Czech brewers are
producing greater amounts of pivo than at any time in the country's history
More
Business NewsBusiness News
In this week's business news Irish low-cost airline Ryanair arrives in
Prague; a growing number of companies have problems finding employees; the
price of cigarettes expected to rise; the Czech mineral water producer buys
stake in Austrian soft-drink company and the poultry meat prices are
expected to rise considerably.
More
Business NewsBusiness News
In Business News: Heineken - Krusovice merger okayed by the anti-monopoly
office; Czech foreign trade heading for a record surplus; an unexpected
fall in inflation; a downturn in the consumption of electricity; Czechs
busted claiming sick-leave; road tolls might apply to vans; and Czechs'
tipping habits explored. More
Current AffairsAnti-monopoly office gives green light for Heineken Krusovice takeover
The Czech anti-monopoly office announced on Tuesday it was giving the green
light for Dutch brewing giant Heineken to buy the Czech brewery Kralovsky
Pivovar Krusovice, making Heineken the third largest player on the Czech
beer market. But will a massive injection of cash and technology help
improve the image of Krusovice, a brew many beer drinkers turn their noses
up at? More
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