Section Archive Business News
Business News
In business news today: household energy prices to grow in coming months;
Slevomat.cz buys share in Hungary’s Bónus Brigád; Czech Post expects
rise in profit compared to 2011; Construction sector expects crisis to
deepen. More
Business News
In Business News this week: the economy slows down suggesting even bleaker
outlooks; the Czech crown loses its lustre for investors; Czech banks lose
billions in the Greek debt crisis; President Klaus vetoes a bill
introducing criminal liability for corporations; firms increasingly
introduce loyalty programmes to keep customers; and Czech Post will launch
“great parcel revolution”. More
Business News
In this week’s business news: lower house approves package of reform
bills, coalition agrees to postpone tax reform until 2014, EC revises Czech
growth forecast downward and Czechs pessimistic about the future. More
Business News
The lower house passes the draft state budget for 2012 in a first reading;
the 2011 Czech state budget deficit falls to 91.5 billion crowns in
October; the Czech unemployment rate drops 0.5 percent to 6.6 percent year
on year; the lower house approves restrictions of state support to building
savings; and Škoda Auto reveals price of its new model. More
Business News
The prime minister wants a referendum if the euro is to be adopted; a new
natural gas line opens to the north; passenger car production up; the
government shells out 11.7 billion on operation of renewable energy
sources; and Czech Television stops advertising. More
Business 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 News
The Czech government’s pilot bond issue is sold out weeks ahead of
deadline; long-term unemployment rate drops in the second quarter of 2011;
the budget deficit reaches almost 80 percent of 2011 projected figure; next
year’s state budget draft proposes public service job cuts; dozens of
solar power companies demand compensation from Czech government. More
Business News
The new kid on the rails is already looking further afield; Česká
spořitelna sues to cancel Sazka tender, unsuccessfully; the government
approves ambitious competitiveness strategy for 2012 to 2020; foreign debt
rises by 32.2 billion; 15 years of GDP revised to account for drugs,
prostitution. More
Business News
In business news this week: the government approves the 2012 draft budget
amidst concerns over revised economic growth predictions, wages rose by an
average 2.5 percent in the second quarter while the jobless rate remains
essentially unchanged at 8.2 percent. More
Business News
In this week’s business news: the unexpected resignation of ČEZ CEO
Martin Roman, the opening of the first gas pipeline between the Czech
Republic and Poland, the Czech Finance Ministry to launch a pilot issue of
retail bonds and Czechs increasingly sceptical with regard to the future of
the Eurozone. More
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