Archive: Business | Transport Transport
Business News
In Business News this week: inflation in the Czech Republic stands at 5
percent and is set to rise further, while salaries should grow next year by
almost 8 percent; unemployment is at a nine-year low of 5.6 percent; Skoda
is about to start rolling out Octavias that run on alcohol, but only for
the Swedish market; Seattle follows Portland’s lead and introduces
Czech-made trams; sales of organic food have doubled and are set to keep
doubling annually for the next couple of years; and the Czech National Bank
is minting more coins, due to uncertainty over when the country will adopt
the euro.
More
Business News
The Czech government approved an updated convergence programme for euro
adoption, but still no target date in sight; The Czech National Bank board
raised its key interest rate by a quarter of a percentage point to 3.5
percent and Czechs are making more money - the average wage in the Czech
Republic is up by 7.6% year-on-year.
More
Business News
In Business News this week: As power giant CEZ announces healthy profits,
analysts warn of further increases in the price of electricity; Czech
Railways is now in profit after years in the red, though the company is
fined for late trains by the Olomouc regional authority; increases in home
prices should slow, though prices are not likely to fall; and cable company
UPC now has over a million customers.
More
Business News
In Business News: Russia wants to buy both Czech Airlines and Prague
Airport; the Czech Republic has one of the lowest shares of women in
part-time jobs in the EU; Czech textile makers sign a copyright agreement
with their Chinese counterparts; a new free newspaper will target business
people; and a British TV ad for the Skoda Fabia wins industry awards.
More
Business News
In business news this week: Labour Minister Petr Necas promises to reform
the "demotivating" unemployment benefit system; a new report
shows a sharp increase in the number of foreign-registered Czech companies;
figures show the Czech antique market booming; the jewellery business
records rising fortunes for gold after years of decline; and Czech insurers
join forces against drivers with accident records.
More
Business News
In Business News this week; the cost of electricity is set to rise by 10%;
the Czech crown has a record-breaking week against both the euro and the
dollar; the Czech Republic lags behind when it comes to claiming EU funds,
and Czech Airlines has started offering low-cost tickets on many of its
European flights.
More
Business News
In Business News this week: the EC recommends Czechs to slash deficit in
public finances; Ceske Aerolinie records loss of 175 million crowns in the
first half of this year; the Czech government launches privatisation of
Letiste Praha; the energy power giant CEZ is to build power station in
Vietnam in deal worth 3 billion dollars; and the number of Vietnamese doing
business in Czech Republic is on the rise.
More
Business News
In this week's business news Irish low-cost airline Ryanair arrives in
Prague; a growing number of companies have problems finding employees; the
price of cigarettes expected to rise; the Czech mineral water producer buys
stake in Austrian soft-drink company and the poultry meat prices are
expected to rise considerably.
More
Business News
In Business News: Heineken - Krusovice merger okayed by the anti-monopoly
office; Czech foreign trade heading for a record surplus; an unexpected
fall in inflation; a downturn in the consumption of electricity; Czechs
busted claiming sick-leave; road tolls might apply to vans; and Czechs'
tipping habits explored. More
Business News
In Business News this week: a new green card scheme is set to make it
easier for foreign workers to fill gaps in the Czech labour market; moves
are planned to increase the number of part-time jobs available in the
Czech Republic; Prague and Brno get new low-cost air routes; job security
comes ahead of career development for most Czech workers, suggests a new
survey; the strength of the crown is said to be hitting sales of crystal
and costume jewellery; and food, drink and tobacco are still considerably
cheaper in the Czech Republic than the EU average.
More
+1
