http://radio.cz/en/article/145506 A weekly round-up of all the main business news from the Czech Republic. en Fri, 10 Feb 2012 15:09:15 +0100 Fri, 10 Feb 2012 15:09:15 +0100 http://blogs.law.harvard.edu/tech/rss Radio Prague CMS 0 1 2 3 4 5 6 7 8 9 Radio Broadcasting cr@radio.cz (Cesky Rozhlas) webmaster@radio.cz (CRo Webmaster) http://radio.cz/en/article/145506 In Business News: The government debt has reached almost 40 percent of the GDP; unemployment in January rose to 9.1 percent; the Czech state loses an estimated 25 to 30 billion crowns every a year on account of tax evasion; union representatives have rejected a 2.5 percent salary bump offered by car manufacturer Škoda Auto; the sale of winter clothing and apparel – including winter wear for dogs – has jumped markedly in the cold snap. Fri, 10 Feb 2012 15:09:15 +0100 urn:uuid:2ed7bc77-57a1-5eaa-886f-a62e3c842c77 http://radio.cz/en/article/145333 In this week’s business news: Prime Minister Petr Nečas announces estimated additional cuts of 26 billion crowns to the state budget; a Czech MEP has praised the country’s refusal to join the fiscal compact; the Agriculture Minister is set to dismiss the CEO of a state-owned brewery; the country’s nuclear energy exports reach a record level; and, a poll finds that the majority of Czechs consider the current economic situation poor indeed. Fri, 03 Feb 2012 15:29:11 +0100 urn:uuid:6b46d996-e758-5e7d-8d16-6c5e72880723 http://radio.cz/en/article/145144 The Czech Republic got 31 billion more than it gave from the EU in 2011; 15.6 billion may have to be returned to the EU due to errors in subsidies use; petrol prices continue to reach new records; banks plan to open dozens of new branches in 2012; Social Democrats propose bills to decrease household indebtedness. Fri, 27 Jan 2012 15:15:37 +0100 urn:uuid:3c5c63aa-29af-5754-b894-71c5b071c400 http://radio.cz/en/article/144957 In today’s business news: The head of the Erste Group predicts an economic revival in the Czech Republic for the second half of 2012, foreign direct investment into the country has reached 2.5 trillion Czech crowns since 1993, carrier Czech Connect Airlines has filed for bankruptcy, a SANEP poll finds that the majority of Czechs think the country’s billionaires are corrupt, and food inspectors have confiscated 2.5 tons of spring rolls containing mice droppings. Fri, 20 Jan 2012 15:10:31 +0100 urn:uuid:6418b18c-fc10-5991-83ba-040cedb69911 http://radio.cz/en/article/144783 In today’s business news: Consumer prices have risen by 4.7 percent following a VAT hike, the American Anheuser-Bush purchases the Budějovický měšťanský brewery in hopes of improving its chances in an ongoing trademark dispute, public health insurer VZP may see a budget deficit of up to three billion Czech crowns in 2012, regular and diesel fuel reach record prices, and the forecast for the Czech construction sector for 2012 is the worst among the Visegrad Four. Fri, 13 Jan 2012 15:47:52 +0100 urn:uuid:c67b1701-c33f-5b90-af9b-4cab1647c6b8 http://radio.cz/en/article/144600 In this week’s business news: An increase of the lower category VAT has gone into effect, Czech online discount sites see steep increases in sales, hard liquor consumption is on the decline, Škoda Auto has sold a record number of cars in 2011, and the Czech Agriculture and Food Inspection Authority says that 15 percent of food products it inspected in 2011 failed to meet its quality standards. Fri, 06 Jan 2012 15:34:52 +0100 urn:uuid:2045be14-37e5-545b-afd4-c485e3d5ba0f http://radio.cz/en/article/144445 In Business news this week: Czech crown falls to its lowest to the dollar since July 2010; Česká spořitelna withdraws from legal battle over bankrupt lottery firm Sazka; Czech foreign debt reaches 49 percent of GDP; sales of alcoholic beverages took another slump this year; and Czech Republic’s Vietnamese community launches its own discount website. Fri, 30 Dec 2011 15:33:24 +0100 urn:uuid:a43cd7cc-ed0f-5cc8-ae31-43e4275e6523 http://radio.cz/en/article/144092 In Business News this week: a poll suggests that a majority of Czech business leaders oppose contributing to the EU’s efforts to save the euro; Central Bank governor says that the loan to the IMF will have to be very seriously considered; The government’s economic advisory council NERV acquaints PM with detailed crisis scenario. Fri, 16 Dec 2011 15:49:59 +0100 urn:uuid:0e7e6d03-3566-50a2-a7d6-dc54d52b806a http://radio.cz/en/article/143926 Economy grows by 1.2% in 3Q; criminal liability for companies passes parliament; fifty billion crowns in deals for Czech and Russian businesses; inflation accelerates to 2.5%; construction continues decline. Fri, 09 Dec 2011 16:20:03 +0100 urn:uuid:67da74b1-1fee-59a3-b795-fa4f0166d89b http://radio.cz/en/article/143745 In Business News this week: the Czech Finance Minister warns of disastrous consequences the fall of the euro would have for Czech economy; Czech banks pass new stress tests but Moody’s downgrades their outlook to ‘negative’; Westinghouse signs cooperation deal with Vítkovice engineering firm; Škoda Auto announces plans to develop a new SUV model; and Nová Paka in eastern Bohemia is named the Czech town for business. Fri, 02 Dec 2011 16:56:39 +0100 urn:uuid:6aae4a6b-d2b6-53ab-b552-09ebd2c73aa8 http://radio.cz/en/article/143558 In business news today: household energy prices to grow in coming months; Slevomat.cz buys share in Hungary’s Bónus Brigád; Czech Post expects rise in profit compared to 2011; Construction sector expects crisis to deepen. Fri, 25 Nov 2011 16:10:45 +0100 urn:uuid:cead0d31-535d-5b01-be85-223bd0df3113 http://radio.cz/en/article/143374 In Business News this week: the economy slows down suggesting even bleaker outlooks; the Czech crown loses its lustre for investors; Czech banks lose billions in the Greek debt crisis; President Klaus vetoes a bill introducing criminal liability for corporations; firms increasingly introduce loyalty programmes to keep customers; and Czech Post will launch “great parcel revolution”. Fri, 18 Nov 2011 15:20:33 +0100 urn:uuid:393d2a16-1e36-52fc-b8b2-75a47108d98f http://radio.cz/en/article/143214 In this week’s business news: lower house approves package of reform bills, coalition agrees to postpone tax reform until 2014, EC revises Czech growth forecast downward and Czechs pessimistic about the future. Fri, 11 Nov 2011 15:56:41 +0100 urn:uuid:31463e40-a382-5e71-bfe2-9f40cab47555 http://radio.cz/en/article/143033 The lower house passes the draft state budget for 2012 in a first reading; the 2011 Czech state budget deficit falls to 91.5 billion crowns in October; the Czech unemployment rate drops 0.5 percent to 6.6 percent year on year; the lower house approves restrictions of state support to building savings; and Škoda Auto reveals price of its new model. Fri, 04 Nov 2011 16:09:31 +0100 urn:uuid:9aadc9ce-bbe8-5ab1-95fc-fe0a38cc9e3c http://radio.cz/en/article/142676 The prime minister wants a referendum if the euro is to be adopted; a new natural gas line opens to the north; passenger car production up; the government shells out 11.7 billion on operation of renewable energy sources; and Czech Television stops advertising. Fri, 21 Oct 2011 16:36:30 +0200 urn:uuid:7522a0ea-7457-5a4c-bfb5-8506aa96a8f4 http://radio.cz/en/article/142482 In Business News: A Russian consortium is reportedly the most likely to win an upcoming tender on the expansion of the Temelín nuclear power plant; sources report an uptick in Russian FDI; Czech Railways announces the aim to sell off property worth 90 million crowns; the first Škoda Citigo – a new small vehicle intended for zipping in-and-out of city traffic –rolls off the assembly line; and, the transport minister proposes a new fee for vanity licence plates. Fri, 14 Oct 2011 15:58:44 +0200 urn:uuid:9e868a8d-6ba2-5073-828c-0931e37aeb3b http://radio.cz/en/article/142308 The Czech government’s pilot bond issue is sold out weeks ahead of deadline; long-term unemployment rate drops in the second quarter of 2011; the budget deficit reaches almost 80 percent of 2011 projected figure; next year’s state budget draft proposes public service job cuts; dozens of solar power companies demand compensation from Czech government. Fri, 07 Oct 2011 15:55:00 +0200 urn:uuid:333d41ca-b695-5264-9431-209ce373f899 http://radio.cz/en/article/142104 The new kid on the rails is already looking further afield; Česká spořitelna sues to cancel Sazka tender, unsuccessfully; the government approves ambitious competitiveness strategy for 2012 to 2020; foreign debt rises by 32.2 billion; 15 years of GDP revised to account for drugs, prostitution. Fri, 30 Sep 2011 15:35:19 +0200 urn:uuid:1b8ad669-6dd2-5d74-8993-2db3ad9d8ea2 http://radio.cz/en/article/141930 In business news this week: the government approves the 2012 draft budget amidst concerns over revised economic growth predictions, wages rose by an average 2.5 percent in the second quarter while the jobless rate remains essentially unchanged at 8.2 percent. Fri, 23 Sep 2011 15:34:50 +0200 urn:uuid:9a494ed0-4d5d-5636-8b1a-ccf2a51f6b39 http://radio.cz/en/article/141749 In this week’s business news: the unexpected resignation of ČEZ CEO Martin Roman, the opening of the first gas pipeline between the Czech Republic and Poland, the Czech Finance Ministry to launch a pilot issue of retail bonds and Czechs increasingly sceptical with regard to the future of the Eurozone. Fri, 16 Sep 2011 15:59:52 +0200 urn:uuid:87d10ece-16aa-5a16-bd92-bd87b6357823