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Business News
In this week’s Business News: sobering state deficit figure announced,
Prague airport sees passenger decline, bankruptcies climb in 2009,
statistics office fuels recovery hopes, and non-alcoholic beer demand
bright spot for sector.
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Czech beer re-imported from Germany due to lower prices
The Czech Republic’s entry into the European Union facilitated free trade
with other members of the bloc. That was good news for Czech businesses,
though it can result in paradoxical developments. One of the best known
Czech beers Pilsner Urquell often retails at lower prices in Germany than
in the Czech Republic - leading Czech wholesalers to re-import one of their
country’s most famous brews.
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New gluten-free beer arrives on Czech market
A Czech micro-brewery in Ostrava is now producing gluten-free beer, a
product that is bound to delight Czech sufferers of Celiac disease- a
condition of intolerance to gluten, a protein found in most grains, and
also in regular beer.
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Business News
In this week’s Business News: Growth, albeit anaemic, for next year;
massive rail tunnel project hits finance buffers; energy rivals look to
swapping assets rather than insults; Czech trams ready for Washington DC,
and regional aid offer to stop spilt milk.
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Business News
In this week’s Business News: a warning from Brussels over public
finances; price rises become passé; a new owner to swallow Staropramen;
CSA pilots hold out against restructuring; and all fuelled up over power
policy.
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Business News
In Business News this week: Orco fails to convince creditors; a sigh of
relief for tax dodgers; Hyundai officially opens its Czech plant amid more
closure news from other foreign owners; and farmers resort to direct sales
to beat the supermarkets.
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Business News
In this week’s Business News: the slippery budget deficit; a David and
Goliath fight over dividends; developing woes at Orco; boosting local
cigarette production; and a novel call for performance related pay.
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Czech tuzemák rum goes on sale in Canada
Forget Becherovka or even slivovice, it’s Czech rum – tuzemák –
which is the biggest selling spirit in this country. Despite its popularity
here, however, the drink remains virtually unknown abroad. Now though, one
south Bohemian distillery has started selling its product in North America
and is hoping that Canadians will develop a taste for tuzemák as well.
Earlier today, I spoke to Tomáš Petrů from the Fruko-Schulz distillery,
and started by asking him what the difference was between tuzemák and
better-known rums from the Caribbean:
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Business News
In this week’s Business News: the ad spending slide hits Nova profits;
one sole order for Staropramen; bad loans provisions hit Česká
Spořitelna; ČEZ powers up in Germany; and Czechs lose taste for pork
products.
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Angry farmers halt national highway traffic over milk prices
Czech dairy farmers took to the highways Monday morning to bring the
nation’s traffic to a snail’s pace for two hours. Protesting the
critically low purchase price of milk - and what they see as a lack of
political will to do anything about it – nearly 2,000 dairy farmers
overran 20 highways in seven regions. It was the second protest in as many
months, aimed at forcing what the farmers’ say is a desperate situation
into the public eye.
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