This week we take a look at SME's, small and medium sized businesses in the Czech Republic and more importantly, some recent initiatives to help this significant component of the economy develop. Also in the program, consumer and business confidence in economy fall in January. The Czech Republic's trade surplus increases. Japan's Furukawa commences building of a new plant in Unhost. Police change founder of bankrupt construction firm, H-Systems, for hundred million crown fraud. And, rail operator, Ceske Drahy, sees the number of passengers down
The cabinet has suspended its discussion of the long-awaited fiscal reform aimed at stopping the growth of the public finance deficit. Pilots working for the Czech national air carrier, Czech Airlines (CSA) have reportedly threatened to go on strike to support their wage demands. U.S. manufacturing conglomerate Honeywell has chosen the Czech city Brno for a planned global design center. Czech internet users will be able to get a broadband connection using the ADSL technology with a 3-month delay in March.
The NATO summit might be well and truly over, but the discussion continues as to what the meeting brought to Prague - good and bad. One person very much in favour of hosting the summit was Martin Jahn, General Director of the CzechInvest agency, which promotes foreign investment in the Czech Republic. We asked Martin how the summit had made the country a more attractive place to do business.
Finally this week, the government has approved a proposal banning tobacco advertising and sponsorship of events by tobacco firms. The proposal comes after parliament approved a similar law in May, only to have the Senate reject it weeks later saying the measure was too broad and should instead focus on protecting children and young people from tobacco products.
On Monday, the government approved a proposal banning virtually all tobacco advertising and sponsorship of events by tobacco firms in the Czech Republic. Earlier this year the lower house of parliament approved a similar law but only weeks later the legislation was defeated in the Senate. The new centre-left coalition has vowed to push the legislation through this time. Statistics say 19 percent of Czechs smoke on a regular basis and 13 percent occasionally. According to the World Health Organisation around 22,000 people die each year from smoking-related
The Czech Republic's second largest city, Brno, is preparing for massive redundancies at several local companies. Although the lay-offs are expected to cost thousands of jobs in a city of half a million people, the local authorities say they they will have little chance of finding new jobs unless a new strategic investor arrives. Vladimir Tax has more.
The trade minister of the state of Florida and the president of Enterprise Florida, John C. Anderson, recently visited the Czech Republic to offer Czech companies investment and trade opportunities in Florida, the state with the fastest growing economy in the United States, and to sign a memorandum on cooperation with the Czech government's export support agency, CzechTrade. I spoke to Mr. Anderson as well as to the director of CzechTrade, Martin Tlapa, about the business opportunities Florida has to offer to Czech firms.
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Bertha von Suttner – Prague-born peace campaigner whose ideas on cooperation and disarmament continue to have lasting effect
Forgotten Czech net bag makes a comeback
Iconic Czech brands that survived competition from the West after the fall of communism
Communist party official shocks nation ahead of freedom celebrations
Czechs and Germans in 1930s Czechoslovakia: a complex picture
Cold War “king of Šumava” story brought to life in new film by Irish director