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In today’s business news: The head of the Erste Group predicts an
economic revival in the Czech Republic for the second half of 2012, foreign
direct investment into the country has reached 2.5 trillion Czech crowns
since 1993, carrier Czech Connect Airlines has filed for bankruptcy, a
SANEP poll finds that the majority of Czechs think the country’s
billionaires are corrupt, and food inspectors have confiscated 2.5 tons of
spring rolls containing mice droppings. More
Current AffairsKorean ambassador on bilateral ties, investment opportunities and culinary experiences
In the coming weeks, people in Prague will have a unique opportunity to
sample traditional dishes and delicacies from South Korea – thanks to an
event organized by the country’s embassy. At its launch in a Prague
hotel, Radio Prague spoke to the Ambassador of the Republic of Korea to the
Czech Republic Gabriel OH and first asked him whether Czechs have many
opportunities to try Korean food in restaurants or buy the necessary
ingredients. More
Business NewsBusiness News
In Business News: A Russian consortium is reportedly the most likely to win
an upcoming tender on the expansion of the Temelín nuclear power plant;
sources report an uptick in Russian FDI; Czech Railways announces the aim
to sell off property worth 90 million crowns; the first Škoda Citigo – a
new small vehicle intended for zipping in-and-out of city traffic –rolls
off the assembly line; and, the transport minister proposes a new fee for
vanity licence plates. More
Business NewsBusiness News
In Business News this week: foreign investment in the Czech Republic rises
to pre-crisis levels; the country’s grey economy amounts to 565 billion
crowns; the Transport Ministry plans to raise road toll by 25 pct next
year; decrease of new cars’ prices in the Czech Republic are among
fastest in Europe; debts of Czech household keep rising and are more
difficult to collect; and the famed Czech distiller Rudolf Jelínek is
moving its headquarters to Holland. More
Business NewsBusiness News
In this week’s Business News: the Czech Republic’s industrial output
outpaces the EU average; Czech car manufacturer Škoda achieves a historic
sales record; one in three German investors would no longer choose the
Czech Republic as a place for investments today; the CEO of a troubled
lottery company offers a cash reward for information on persons behind a
prank; and the Czech restaurants’ association protests the
discontinuation of tax incentives for meal tickets. More
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