In Business News this week: Confidence in the economy is up, not least in manufacturing and the automotive industry; the online giant Amazon will open two major warehouses in the Czech Republic, bringing up to 10,000 new jobs; controls reveal problems with imported poultry; Czech engineers will build a new brewery in Ethiopia; internet sales up by 15 percent year-on-year.
The leading Czech beer producer, Pilsner Urquell, has announced a slight increase in the prices of its bottled and canned beer on the domestic market. The Plzeň-based group says it will not raise the price of its world-famous brew sold in kegs and tanks, ostensibly to attract more people to pubs and restaurants. But experts say the move will do little to reverse the trend which has seen more and more Czechs having a beer at home rather than out on the town.
In this week's Business News: the Czech national debt is down for first time since the 1990s; inflation levels continue a downward trend; the new Prague metro "D" line is approved; unemployment levels are up in September; Budvar declares victory over rival in Italy and former PM Vladimír Špidla says rosy Czech poverty data is misleading.
The wheat beer Primátor Weizenbeer has been named the world’s best beer in an international tasting competition. The Czech brew, produced by the east Bohemian Primátor brewery, became the overall winner of the 2013 World Beer Awards, and was also awarded as the best wheat beer. Praised for its balanced fruity taste, great body and spicy finish, Primátor Weizenbeer has been a pioneer in reviving a particular style of beer that has nearly died out in the Czech Republic. I spoke to exports manager of the Primátor Brewery, Romana Jansová.
František Štastka, a Czech bartender from New York, has won the International Best Pilsner Urquell Bartender competition. The competition took place at this year’s Pilsner Fest on October 5, the day on which the first Pilsner batch was brewed in 1842. Tomáš Hrnčíř from the Czech Republic came second and Giacomo Fogli from Italy came third. The twenty best bartenders (18 men and 2 women) qualified for the finals with their exceptional knowledge of Pilsner Urquell lager, its specialised brewing process and history. The contestants also proved their practical skills in proper beer care, proper beer serving, and appropriate presentation of the Pilsen original.
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.
A Czech brewery is taking the country’s leading consumer magazine to court over tests which detected high levels of mould in one of its brews. The Svijany brewery questions the accuracy of the findings, as additional testing did not find increased levels of mycotoxins in its beer. In an email leaked to the press, the brewery’s manager also says that government subsidies for the magazine should be cut.
Production of beer increased 2.7 percent year on year in 2012, according to the Czech Brewers’ Association. The increase was driven by higher consumption and export of radlers. Consumption of radlers, popular among young people, reached 434.000 hectolitres in 2012, while consumption of traditional brews dipped slightly. There is also increasing demand for beer in cans and plastic bottles.
In this week’s business news: The Czech Republic will have to build around 13 000 charging points for electric cars by 2020; The greatest number of foreign investors have decided to enter the Czech market last year since the beginning of the economic crisis; ČEZ’s distribution license in Albania has been revokes by the government there; Czech government debt is the eighth lowest in the whole of the EU; Budvar was unable to stop rival Anheuser-Busch from having the right to register the ‘Bud’ trademark in Europe.
The Luxembourg-based General Court of the European Union, has rejected an appeal by the Czech brewer Budějovický Budvar against the use of the trademark Bud by the international beer giant Anheuser-Busch InBev NV, the maker of Budweiser. In a statement on Tuesday, the EU’s second highest court said Anheuser-Busch InBev NV could register the trademark Bud because of its insignificant use in France and Austria. The decision is the latest development in a legal battle that has been running in several territories for many years.