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Current AffairsBrno expects a wave of lay-offs
The Czech Republic's second largest city, Brno, is preparing for massive redundancies at several local companies. Although the lay-offs are expected to cost thousands of jobs in a city of half a million people, the local authorities say they they will have little chance of finding new jobs unless a new strategic investor arrives. Vladimir Tax has more.
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Current AffairsBusiness dispute could affect direct foreign investment
A dispute between a Czech company and its British partner looks set to go to a court of arbitration in the next few weeks. At the base of the dispute is a contract signed between the two companies, which the Czech partner wants annulled. The British partner has cried foul, and has publicly voiced concerns over investing in the Czech Republic. has this report. More
Current AffairsVolvo eyes up Tatra, will Czech pilots be flying Grippens?
The Czech Prime Minister Milos Zeman visited Sweden earlier this week for talks on a number of issues, most notably EU enlargement. But there was another crucial item on Mr Zeman's agenda - persuading Swedish investors to stake their hard-earned cash on the Czech Republic, especially if Prague decides to spend some two billion dollars buying Swedish Grippen jet fighters for the Czech Air Force. has more.
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