The Czech Republic is the seventh biggest exporter of fireworks in the
world, according to world business data. The country exports 10 million
dollars worth of fireworks annually.
The Netherlands is Europe’s top exporter of fireworks selling 52 million dollars worth of fireworks every year.
The Czech Republic is also one of the most lenient states when it comes to the sale of fireworks.
According to the CTK news agency there are currently 11 e-shops offering F-4 –the most dangerous category of fireworks which should only be handled by professionals.
The situation at the Czech Republic’s internationally known Zetor tractor company has been stabilised following major layoffs announced last year. The downsizing and clearing of inventory proved effective and the company will even make a small number of fresh hires in the coming year, Czech Television reported.
Referred to as a key document, the government’s National Investment Plan has been years in the making. On Monday, the long awaited concept was finally unveiled. It counts on some CZK 8 trillion being spent by 2050 on investments in all branches of state infrastructure. The prime minister says it could help in EU funding negotiations with Brussels. However, the opposition has mocked it as a simple wish list with no clear implementation strategy.
Czech consumers are predicted to spend around CZK 800 million on Black
Friday this year, which is around 250 percent more than on a regular Friday
and a 25 percent increase on the previous year.
The peak of the Christmas shopping frenzy is expected on December 10, when sales are likely to reach over one billion crowns.
According to an analysis carried out by the company Shoptet, providing a platform for around 50 percent of the country’s online stores, some 450,000 Czechs will shop on Black Friday, spending on average CZK 900.
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