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The Toyota-Peugeut-Citroen automobile plant (TPCA) in Kolin, east Bohemia,
is in line to produce 300,000 cars per year; Russian President Vladimir
Putin has indicated some of Russia's oil profits could be reinvested in
the Czech Republic in areas of science and culture; Cesky telekom will
merge with subsidiary Eurotel to form Telefonica O2.
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Business NewsBusiness News
In Business News: new legislation should make bankruptcy proceedings run
more smoothly, while a labour code approved this week has been dividing
opinion; the OECD gives the Czech Republic advice on how to improve its
economy; it seems the Czech Republic may renege on a pledge to increase
the share of its power generated from renewable resources; digital
broadcasting can now be received by a third of Czech households; and beer
exports were up 17 percent last year.
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Business NewsBusiness briefs
In the business news this week: Czech foreign trade shows its first ever
surplus, the Finance Ministry raises its GDP growth forecast as the crown
hits a new high against the euro, the government promises almost 4 billion
dollars in incentives and Plzensky Prazdroj records a significant increase
in foreign sales.
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Current AffairsThe heat is on as rival breweries add a degree
If you have spent time in the Czech Republic, you will know that the beer
comes in degrees. Beers have traditionally been sold either as 10 or 12
degree. This may cause confusion to tourists, who often think it refers to
alcohol content and must wonder how it is that Czechs don't all have
permanent hangovers, but for Czechs "desitka" and
"dvanactka" are very much an institution. Now a 'degree war' has
broken out. In 2002 Drinks Union, decided to go for a new niche market, and
launched its 11 degree Zlatopramen. Market leaders SABMiller have got on
the bandwagon, with their own 11 degree Velkopopovicky Kozel. David
Vaughan asked Lyle Frink what, in today's competitive beer market, this is
all about.
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Current AffairsCzech beer exports reach record figures in 2005
Beer is without a doubt one of the Czech Republic's best-known products. It
attracts thousands to visit the country but Czech brews are also
increasingly available abroad. While domestic consumption remains roughly
the same, export figures are growing by the year. Last year the volume of
exported Czech beer reached a record 3 million hectolitres.
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MagazineMagazine
Porsche owners celebrate the 130th anniversary of the birth of Ferdinand
Porsche. A Czech wins the International Stone Skipping Championship. And,
how tall can a sunflower grow? Find out more in Magazine with Daniela
Lazarova.
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Current AffairsBrewery marks 130th anniversary of birth of Ferdinand Porsche
Most people would recognise a Porsche on the street and some even the sound
of a Porsche engine, but how many know the founder of the famous sports car
company, Ferdinand Porsche, was born in Vratislavice, formerly known as
Mattersdorf, a village in north Bohemia? This week Porsche aficionados
will gather in the town - now a suburb of Liberec - to mark the 130th
anniversary of Porsche's birth. As Jan Velinger reports, a local brewery
has even produced special labels for its bottles to commemorate the event.
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Current AffairsCenturies-old 'Budweiser Bier' heading for St Louis to take on American giant
There's a new Czech lager on the American market with a centuries old
tradition and a highly contentious name: Budweiser Bier. That's beer spelt
the German way, b-i-e-r. But it should come as no surprise that
Anheuser-Busch of St. Louis -- the world's largest brewer and the maker of
Budweiser beer, b-e-e-r, is having none of it. And so, just as the lager
known here as Budweiser Budvar must be sold as Czechvar in the States,
this relative newcomer to the Budweiser trademark battle will be labelled
B.B. Burgerbrau, although marketed as "beer from the Czech city of
Budweis." More
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