Archive: Business | Industry Industry
Business News
In this week’s business news: the Greek ambassador to the Czech Republic
has said that Greece must remain in Eurozone, the daily Lidové noviny
writes that ČEZ may loose up to ten billion Czech crowns due to
investments into Albania’s power grid, Russia’s oil delivery to Czech
Republic is likely to fall short of target in May, the Finance Ministry is
selling state bonds, and Czech Railways expands its fleet. More
Business News
The procurement market sank by 100 billion in 2011; the production of
passenger cars hits a record; farmers prepare for blockades; the Finance
Ministry forecasts nearly three percent growth for 2015; the Central bank
keeps interest rate at record low.
More
Business News
The Czech Republic wins arbitration case against British BCD over toxic
cleanup; Tyres producer Mitas opens first plant in the USA; Škoda Auto
raised first quarter profit by 11.8%; Energy Regulatory Office to halt
support for new renewable energy sources; Czech claims on other countries
total 22.35 billion
More
Business News
In Business News this week: the government approves a far-reaching fiscal
consolidation plan to reduce the state budget deficit, a drop in deliveries
of Russian crude oil to the Czech Republic triggers speculation of a plan
to up the price and Škoda Auto posts record sales. More
Business News
In Business News this week: Czech industrial production speeds up; most
Czech companies want to hire employees as contractors; Saturday shifts at
Škoda Auto end over labour dispute, the North American brewing giant
Molson Coors buys Staropramen; and Prague’s Ruzyně airport marks 75
years since the first landing.
More
Business News
In Business News: Industry and Trade Minister confirms that Czech Republic
will try and further expand nuclear energy production; Rusatom Overseas
signs memorandum with potential subcontractors on Temelín; Škoda Auto
sees significant increase in sales in foreign markets; One-third of Czechs
will be unable to save a single crown a month this year, poll suggests; and
Czech nanotechnology firms make mark in Japan.
More
Business News
In this week’s business news: Czech banks are getting ready to sign off
on what could be the largest-ever club deal, negotiations between Škoda
Auto management and unions continue, the Czech Agrarian Chamber’s
president has said that egg prices will stabilize, the cost of fuel has hit
a record high and the American coffee retailer Starbucks has opened its
first Czech branch outside of Prague.
More
Government officials at odds over country’s export strategy
Two Czech ministers have clashed over how the government should support the
country’s exports. Foreign Minister Karel Schwarzenberg, whose office has
put a lot of effort into promoting Czech businesses abroad, dismissed a new
export strategy designed by the Industry and Trade Ministry. In spite of
the squabbles, however, the government’s support for exporters is bearing
fruit: Czech exports have reached record levels and are a major driving
force behind the Czech economic recovery. More
Radioactive Waste Depository Authority launches multi-million-crown incentive to win over municipalities for possible nuclear waste sites
While the Czech Republic relies on nuclear power for some 30 percent of its
total energy supply, the Radioactive Waste Depository Authority is facing
difficulties in finding new locations for depositing nuclear waste. As an
incentive for municipalities to agree to geological research on their
territory, the state-run authority is now offering mayors millions of
crowns. Sarah Borufka has the details. More
Business News
In this week's Business News, the Czech Republic sees a fall in truck
production; household spending stagnates; January sees inflation up again;
social security finds itself in the red for three years in a row and
supermarkets are caught re-labelling out-of-date food. More
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