Archive: Business | Transport Transport
Campaign challenges city dwellers to cycle to work
Bikers all over the Czech Republic can now join a campaign called Bike to
Work, which was started last year by a Prague-based advocacy group Auto*mat
to encourage urban cycling. Teams made up of two to five people can join in
the race and record the number of kilometers they bike on the way to and
from work for the whole month of May. Those with the highest number of
kilometers receive prizes, and all the participants get to join a growing
community of urban bikers. More
Business News
In Business News this week: European Commission says Czech Republic needs
no further austerity this year; Czech central bank cuts growth forecast for
this and next year; Finance Ministry launches monitor of public finances;
Škoda considers plans to produce utility vans; six Czechs are ranked among
dollar billionaires; and groundbreaking travel firm Student Agency eyes
Prague’s taxi market. More
Number of Prague cyclists doubles – despite City Hall’s approach, say activists
A recent study for Prague City Hall found that the number of people who
regularly get around the city on bikes has doubled over the past two years,
reaching 120,000, or around 10 percent of the city’s population. But
biking advocates say this was achieved in spite, rather than due to, the
authorities’ approach to cycling in the city. More
Business News
In the Business News this week: Korean Air completes deal for 44-percent
stake in CŠA; jobless rate falls for first time in nine months, but only
slightly; labour costs in Czech Republic are below half EU average; car
production slows; mobile operators are offering new low monthly prices for
unlimited calls; and forest owners want state compensation for recreational
use of land. More
Korean Air gets minority stake in Czech Airlines
Representatives of the Czech government and Czech Aeroholding signed an
agreement with Korean Air on Wednesday, giving the South Korean state
airlines a 44-percent stake in Czech Airlines. The Czech side sees the new
partnership as a long-awaited lifeline for the struggling state airline,
while the Koreans are hoping to gain a stronger foothold in Europe. More
Carsharing is growing in popularity in Czech cities
The Transport Ministry announced this week its plans to support carsharing
in hopes of alleviating traffic-clogged roads and the quickly worsening
parking situation in Czech cities. But it has promised no financial backing
for carsharing schemes that allow car owners who do not use their vehicles
daily to offer them for limited use, and a relatively small fee, to others. More
Business News
In this week’s Business News: Czech wine producers have begun raising
prices; the majority of Czechs are far from optimistic with regards to the
country’s economy; Prague’s Václav Havel Airport will offer flights to
fewer destinations this summer season; unions and automaker TPCA have not
found common ground on a collective bargaining agreement. More
New twist in murky smart card saga
When a smart card system was introduced in Prague in the mid 2000s to serve
for public transport and other amenities, it may have seemed like one more
step in the city’s transformation into a modern metropolis. However, more
or less from the off the Opencard has been dogged by controversy and
allegations of corruption. Now, in the latest, murky twist, almost the
entire city council are facing criminal charges in connection with the
system. More
New TI study finds bribery during road checks most common form of corruption that gets prosecuted
A new study by the Czech branch of the anti-corruption group Transparency
International looks at how Czech courts deal with bribery. The study, which
analyzed some 250 bribery-related cases over the last three years, follows
up a similar analysis from three years ago, and suggests that some
improvement has been made. One of the authors of the study, Martin Novák,
says that by the far the highest number of bribery cases that made it to
court relate to police road checks. More
Business News
In Business News this week: Korean Airlines are to acquire a 44 percent
stake in ČSA; Česká Spořitelna planning lay-offs despite high profits;
despite efforts to find new markets, the Czech economy remains heavily
dependent on export to EU states and two Prague restaurants hold onto their
Michelin stars. More
+1
+10
