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Business News

21-04-2006 14:12 | Ian Willoughby

In this week's Business News: analysts say the PM's prediction of up to 8 percent GDP growth in the first quarter is realistic; consumers spending was up 8 percent in February; a Czech company is to launch the country's first private express train; over five billion crowns remains in anonymous bank book accounts at Ceska Sporitelna; the two sides in the Budweiser name dispute come to a settlement for the first time; the number of 50-crown coins in circulation has risen sharply; and Barrandov is building the biggest sound-proof film studio in Europe.   More

Business News

14-04-2006 14:19 | Yon Pulkrabek

Photo: European Commission The wave of positive macroeconomic indicators about the Czech economy keep pouring in this week. A major natural gas company has announced plans to enter the Czech market. Skoda Auto continues to be riding high and Czech airlines has a new partner.   More

Business News

07-04-2006 14:24 | Yon Pulkrabek

This week in business, the rankings of the Top 100 firms in the Czech Republic see little change, while motorists can expect big changes thanks to new legislation on lorries. Construction has slowed in the Czech Republic, but is this a systemic problem and is Google planning to open an office in Prague.   More

Business News

24-03-2006 13:48 | Yon Pulkrabek

Hyundai contract to be signed soon. Energy company CEZ earns record profits. Czech airlines reports substantial losses. CSOB bank sees healthy economic results for 2005. Prague Stock Exchange deploys single index: PX. Distrainers on the rise. Distrainers on the rise. Skoda considering producing five-door Superb.   More

Business News

17-03-2006 12:52 | Yon Pulkrabek

New social benefits to parents of young children. National debt increases by 100 billion crowns last year.Kapsch confirmed as company to build electronic toll system. Aero Vodochody sale postponed.   More

Business briefs

27-01-2006 15:40 | Brian Kenety

Photo: CTK Controversial businessman Frantisek Mrazek shot dead; Czech Republic protests Austria proposal on VAT levels; Czech Railways to seek some $700,000 from maker of Pendelino; Talks with South Korean carmaker Hyundai centre on domestic-parts guarantee, infrastructure; Deputies have approved a tougher conflict-of-interest bill; Cinema association says box-office sales fell 22 percent in 2005; Czech crown reaches another record high against the Euro   More

Business briefs

20-01-2006 13:00 | Brian Kenety

Pendolino, photo: CTK Bosnia-Herzegovina has chosen the Czech power utility CEZ for a $1.8bn joint venture; Skoda Export to develop multi-billion dollar India port complex; Record $2.8bn worth of mortgages signed in 2005; Cabinet approves 'renovation' loan subsidy for young couples; Leftover National Property Fund (FNM) money could go to build retirement homes; Czech Rep. may seek compensation over failed Pendolino high-speed trains; State-insurer VZP to cut chronic reimbursement delays by 'two weeks'   More

Business News

27-10-2005 13:13 | Ian Willoughby

In this week's business news; two mobile operators to provide TV reception from next year; the OECD says of all its members the Czech Republic relies the most on social insurance to fill the state coffers; Czech Airlines records a 22 percent rise in passengers, while Prague airport also sees an increase in numbers; and real estate prices are either stagnating or falling in the Czech Republic.   More

Business briefs

07-10-2005 14:48 | Brian Kenety

Czech Republic records highest ever budget surplus; Czech farmers opposed to selling their land to make way for Hyundai car plant; Czech Airlines lost 464 million crowns in first half of 2005; Norway's Telenor to exit the Czech and Slovak markets; OMV purchase of Aral filling stations confirmed; Half of Czech corporate R&D financed by foreign companies-UNCTAD; Imports of foreign wine up 28 pct y/y - local industry in 'crisis'   More

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