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Business News$1 billion in Czech-Swedish bilateral trade; it's not just about Skodas
Czech-Swedish bilateral trade surpassed the $ 1 billion dollar mark last
year — and it's not just Czech Skodas and Swedish furniture that are
trading hands. Ian Willoughby travelled to Stockholm and spoke with Tomas
Rak, the director of the Czech Trade branch that opened there in January,
to find out more.
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Business NewsBusiness News
The Czech foreign trade balance last month reached its highest monthly
surplus in a decade. The government has announced the privatisation of two
coalmining companies. The telecommunications regulator has cut
fixed-to-mobile interconnection rates. The number of tourists visiting the
Czech Republic was up last year, while the number of bankruptcies was
down. A poll suggests few Czechs will go choose to work in other EU
countries after accession. And the governor of the Czech National Bank has
called for changes in euro adoption criteria.
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Current AffairsCzechs promote Balkan integration into western political and defence structures, seek business ties
On the eve of its accession to the EU, the Czech Republic said it supported
further expansion of the Union to the southeast to include more Balkan
countries. At the same time, the Czechs seek to boost business ties with
the region. Vladimir Tax reports.
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Business NewsBusiness News
Czech business confidence picked up in February after a three-month
decline. The Czech foreign trade balance showed its best monthly result
since 1995 with a deficit of 0.2 billion crowns. The Czech Republic will
ask Brussels fight for a lower VAT for restaurants. The former monopoly
Czech fixed-line operator Cesky Telecom has lost tens of thousand of
clients in 2003.
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Business NewsSkodaexport signs a milestone contract to modernise Indian power station
Just a few days ago, the Czech engineering company Skodaexport signed a
contract to modernise the Ennore power station in Chennai, India. In the
tender, Skodaexport beat several strong competitors, including the largest
local player BHEL. Skodaexport will lead a consortium to renew three of
the plant's generating units, which were built in the early 1970s by the
Czech company.
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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
MailboxMailbox
In this edition of Mailbox: The Postal Museum, Zelary, CzechInvest and
Czech Trade. Listeners quoted: Vincento Pareli, Jim Kernsey, Ben Clanis
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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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Business NewsGreat opportunities for Czech tram-makers in the USA
On August 22, 2003, a new tram line was opened in Tacoma, Washington. The
trams are supplied by the Czech companies Skoda Inekon. In this week's
edition of Economics Report, we talk to Martin Tlapa, the head of the
Czech government's trade promotion agency, CzechTrade, about trams and
trolleybuses as a traditional Czech export article.
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Business News CzechTrade becomes first Czech governmental agency to receive quality management certificate
Just a few days ago, the Czech government's trade promotion agency,
CzechTrade, became the third such agency in Europe to receive the ISO
9001:2000 certificate in what can be seen as a pioneering project of
introducing a quality management system to the state sector.
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