Amnesty International has put some of the spotlight on the Czech Republic in a report about the situation in conflict ridden Yemen. The international human rights watchdog organization says that Czech arms are being shipped to a country where opponents of the local government are being tortured or disappear for long periods into detention or are executed.
Czech companies are becoming even worse at paying their bills on time due to the economic crisis, according to a survey of more than 22,000 firms. The survey by the company ČSOB Factoring shows that firms on average pay bills 19 days after the due date. That means that the average time for payment to be made after the bill is sent has risen to 72 days from 59 days in 2008. The economic crisis is put down to the continuing caution caused by the economic crisis. In some sectors, however, the payments record is much better than average. This is for example the case of the auto sector where bills are on average paid within 40 days.
There were 1257 bankruptcy petitions filed in the Czech Republic in July which was 46 percent more than in the same month last year, according to the Czech branch of the firm Creditreform. Compared to the previous month, however, the number of bankruptcy filings dropped by 119. In total, more than 8,600 bankruptcy petitions have been filed by individuals and companies since the beginning of the year, which is 3,900 more than in the same period last year.
Ivo Laurin is the director of Outbreak, the Czech Republic’s only word-of-mouth marketing agency. Instead of what’s called above-the-line or ATL advertising, meaning traditional methods such as billboards and TV commercials, Mr Laurin aims to engage the consumer in conversations about the product that is at the center of his campaign. And with some success. Word-of-mouth is sometimes referred to as WoM, and last year Outbreak received a bronze Wommy, an American award honoring great work in this cutting-edge form of advertising. Ivo Laurin talks
The installation of milk vending machines or “milkomats” across the Czech Republic significantly boosted dairy sales last year, and the trend continues. Due to their massive popularity, farmers are now gearing up to expand the range of produce available through vending machines. Other dairy products are already available at some locations, and even vegetables, meat and honey may soon follow.
The Czech foreign trade balance ended in May with a surplus of 12.3 billion crowns. Overall exports rose by 24.4 percent and imports by 25.9 percent compared with the same month a year earlier. That sort of increase has not been seen since 2005, soon after the country became a full member of the European Union. Analysts said that Czech trade volumes have now returned to the sort of levels seen in 2008, before the economic crisis. But they have also warned that it is too early to say that the economic crisis is over.
Over 60 percent of the fruit and vegetables sold in the Czech Republic are imported, and that share of the market continues to grow, the head of the Czech vegetable growers organisation said on Tuesday. Jaroslav Zeman said some types of imported greens on Czech shop shelves could be grown in the Czech Republic, describing the battle against products from other countries as the biggest problem facing his industry. The Netherlands is the most common country of origin, with tomatoes the most commonly imported item in this area, he said.
Robert Maclean is editor-in-chief of the Central and Eastern European Construction and Investment Journal, a publication he helped set up in 1995. He had already been living in Prague for some years at that point, having “caught the bug” while reporting from the region in the late 1980s. When we met at his office on Wenceslas Square we discussed how the construction industry here has changed in the last two decades, and whether property in the Czech Republic represents a good investment. But I first asked Maclean what had drawn him to the field
New foreigners’ law to change conditions for non-EU nationals
Czech rock climber Adam Ondra knocked out of World Cup in Japan
Czech foreign ministry reports record number of visa applications
New index shows locations with best quality of life in Czech Republic
Archaeologists unearth rare Renaissance-Baroque brew house in ‘Czech Paradise’