2013-09-27T15:31:41+02:00 Radio Prague http://radio.cz/en/section/economic/business-news-2013-09-27 urn:uuid:bb52d7fb-3716-5418-bfe1-10b963e80bc0 2013-09-27T15:31:41+02:00

In Business News this Friday: Distiller Stock Spirits will begin trading on the London Stock Market next month; Plzen’s Škoda Electric is expanding production; more and more Czechs are building their own homes; Prague’s mayor warns that Prague’s public transit company could face bankruptcy; operators of one of the country’s most popular ski hills will reportedly raise prices this season.

urn:uuid:b3a861e8-a562-53ab-9897-d748387c5f58 2013-09-20T16:20:49+02:00

Business News: Czech consumers can look forward to cheaper electricity prices, Paskov mine facing closure after government refuses bailout, Czech Photovoltaic Association may challenge the law restricting support for renewable energy sources and 2014 draft budget projects public spending gap below 3 percent of GDP.

urn:uuid:e7ecf08b-432b-5156-bf55-5c8a49914050 2013-09-13T15:44:09+02:00

In Business News this week: Czech public debt reaches new high; unemployment remains at 7.5 percent in August; Senate curbs subsidies for renewable energy sources; tighter rules are introduced for liquor retailers; prices of potatoes and dairy products jump; and record number of dollar millionaires recorded in Czech Republic.

urn:uuid:a7076595-7585-5836-a6ce-6f926979793d 2013-09-06T15:34:34+02:00

In Business News this week: miners plan protest against management at OKD; the Czech firearms manufacturer Česká zbrojovka expects increased revenues; the Czech Republic drops seven spots in global competitiveness rankings; South Moravian breweries will be busy in the month of September launching a number of special beers.

urn:uuid:748df1b8-3a18-5b43-9ea3-b4da9bbae7a1 2013-08-30T15:55:06+02:00

In Business News this week: The number of court foreclosures registered in the Czech Republic has gone down; Social Democrats to push for higher income tax; the four-millionth Skoda Octavia rolls off the production line.

urn:uuid:591c6102-b6aa-54c3-a6e7-6558140fa41e 2013-08-23T15:56:21+02:00

Chairwoman of the Energy Regulatory Office faces more criminal charges over fraudulent licenses; ČEZ buys a back-up heating source for Prague; NWR considers selling Czech assets and closing down a mine; Česá zbrojovka arms producer lower suspends handgun deliveries to Egypt; RegioJet to sue Czech Railways for price dumping.

urn:uuid:94d1e4c9-5514-572c-adc5-28e2f52ee1df 2013-08-16T13:06:33+02:00

In Business News this week: viewers get a first glimpse of the redesigned Škoda YETI; the grain and rapeseed harvests this year are a success; the number of self-employed has moved closer to one million; tourist agencies are offering clients travelling to Egypt a chance to switch destinations at the last minute; the Czech Republic is out of recession.

urn:uuid:a40e93c0-1342-584a-966a-928a24cadc1a 2013-08-09T14:42:21+02:00

This week in Business News: Consumer prices dropped in June, along with inflation rate; Study shows that many key sectors still have very few women in management; Construction and industrial output down in June; New tougher regulations on alcohol distribution go through lower house; Businesses would mostly welcome early elections in hopes of a more stable political and economic situation.

urn:uuid:563a5484-4bf0-5664-96bd-a258f04b6592 2013-08-02T16:01:16+02:00

In Business News this week: the agriculture minister stops contracts worth a half billion crowns a study maps the role of foreign investors in domestic companies; truck manufacturer Tatra clinches an important contract in the Middle East; the national bank confirms a drop in the number of counterfeit banknotes and coins seized; a Czech insurance company maps how long it takes for an unattended bike to be stolen on the street.

urn:uuid:e2688eea-b055-540c-8a21-46b9d1249f03 2013-07-26T16:13:37+02:00

In Business News this week: The finance ministry has released a more pessimistic economic forecast for this and next year; Reconstruction of the D1 highway has resumed after two weeks of delays; The mortgage market grew rapidly in the past half year; The European Commission has approved 400 million euros for railway revitalization in the Czech Republic; Energy giant ČEZ set to launch a new virtual mobile network.

urn:uuid:0c3612df-ef1d-5a77-a0f3-03413c6600a3 2013-07-19T15:24:31+02:00

In this week’s Business News: The minimum wage will rise in August; Food prices in 2012 grew by a larger margin than in any other EU country; Czech Airlines has withdrawn from its contract with the unions; Fuel prices around the Czech Republic have gone up again; Škoda has signed an almost 1 billion crown contract to deliver trams to Bratislava.

urn:uuid:2388f998-8302-5510-b9df-577bec6e9da7 2013-07-12T15:18:49+02:00

In this week’s business news: Unemployment falls; Czech Banking Association releases bleaker economic outlook for 2013; more Czech companies are moving to tax havens; Moravia Steel receives large fine for collusion in Germany; Kofola is considering expanding into Balkans; and government debt decreases in Q2.

urn:uuid:ccd94268-1b47-5c69-ab23-6c09e8f40c4e 2013-06-28T15:45:52+02:00

In Business News this week: Český aeroholding announced it made 1.8 billion in operating profit for last year; the Senate has approved legislation which would require large stores to remain closed during state holidays; billionaire buys major Czech publisher; fruit growers have reason to be happy, citing a 25 percent jump in fruit crops.

urn:uuid:a36273de-d486-5418-99df-12b9e49e1f19 2013-06-21T15:44:09+02:00

In Business News this week: Russia’s Rosneft signs deal to deliver crude oil to Czech Republic; political instability could delay announcement of Temelín tender winner; poll suggest only quarter of Czech businesspeople want euro; domestic banks “stable and resilient” says CNB; and truck-maker Avia to close Czech factory.

urn:uuid:754e2589-5168-5751-b36a-6c6cb169dc30 2013-06-14T15:31:47+02:00

In Business News: a major investigation reaching into the upper echelons of government will not negatively impact markets say analysts; the Agriculture Ministry revises the damage figure to the sector from recent floods; the Czech Republic moves up seven notches on KPMG’s VAT list; Czech companies could provide amphibious vehicles for Libya, E15 reports; the TOP 100 association releases its list of top Czech exporters last year.

urn:uuid:f1e21f55-7c2a-55e0-b281-d1c490cb13b7 2013-06-07T15:46:16+02:00

In Business News this week: flood damages estimated between 10 and 20 billion; insurers to pay over 7.5 billion in flood compensation; government to offer tax breaks to inundated businesses; Czech economy in deep recession while household spending up; and car sales down by 13 percent between January and May.

urn:uuid:eb22c9b4-1d63-55ce-b96a-293cf3e64d59 2013-05-31T16:14:20+02:00

In this week's Business news: Central bank governor says the Czech Republic won't adopt the Euro before 2019; The OECD lowers the forecasted growth for the Czech GDP to -1.0 percent; The automomotive industry increased revenues by 7 percent last year; Google releases Business Photos in the Czech Republic; Bosch plans to hire 100 more engineers for its South Bohemian innovation center.

urn:uuid:7bdaccd8-0279-5067-919e-ad945e53269f 2013-05-24T15:59:44+02:00

In Business News: the IMF has advised the Czech government against making further budget cuts in view of the country’s worse-than-expected economic development; Finance Minister Miroslav Kalousek has questioned the financial wisdom of expanding the Temelín nuclear power plant; Czech arms producer Česká zbrojovka has won a multi-million crown tender to supply 50,000 pistols to the Egyptian interior ministry and the Czech liqueur maker Rudolf Jelínek posted its first loss since 1998.

urn:uuid:36c81b51-74b5-596a-a1da-bed42e4cc6da 2013-05-17T15:55:11+02:00

Business news: the Czech economy is in record-long recession, the government pledges to help farmers, ČEZ launches arbitration proceedings against Albania and Freedom Tax Day will come two days later this year.

urn:uuid:1b1752e1-b8a4-5c91-98f2-b741fb620b6f 2013-05-10T15:53:05+02:00

In this week’s Business News: The grey economy in the Czech Republic is estimated to be 16% of the GDP; Average fuel prices have gone done for the fifth week in a row; The Czech energy company Enrgo-Pro has been fined by the Bulgarian anti-monopoly agency; Unemployment sees a small decline to 7.7% in April, due to more seasonal positions; A group of international solar energy investors have filed an arbitration suit against the Czech Republic; Czech and Poles want to oppose planned EU legislation curbing cigarette sales.