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RWE planning 50 public CNG filling stations

RWE plans to build 50 public CNG filling stations in the next few years. A few weeks ago it opened its second station in Plzeň and it strengthened its existing ... more >>

ČSÚ: Economic confidence indicator stagnated at 10 p.p.

The aggregate indicator of confidence into the Czech economy stagnated at 10 p.p. m/m in April 2015. In 2014 the indicator reached 7.1 p.p. This stems from the ... more >>

Česká Spořitelna to pay out CZK 11.4bn in dividends

At the general shareholders meeting held on April 24, 2015 Česká Spořitelna shareholders approved a dividend totaling CZK 75 per share. A total of CZK 11.4bn will be... more >>

Things to Think About - It’s as though he intentionally looked for obstacles so that he could overcome them

What Daniel Barenboim, the celebrated conductor, is describing in this quote about Beethoven, is not something that applies only to geniuses and super-talented ... more >>

Business News 24.4.2015

In Business News this week: Czech public finance deficit to gradually drop to 0.6 percent in 2018; Škoda Auto agrees with unions on 3.5 percent salary hike; Zdeněk ... more >>

Czech tourism sector presents mixed picture in 2014

The latest snapshot of the Czech tourism sector presents mixed news with more guests overall but shorter stays. And while the relatively small top end of the market ... more >>

Unipetrol posts net profit of CZK 1.99bn for Q1 2015

Unipetrol reported net profit of CZK 1.99bn for Q1 2015. Earnings before interests, taxes, depreciation and amortisation (EBITDA LIFO) totalled CZK 3.11bn. The ... more >>

DHL Freight to invest into truck fleet

DHL Freight will invest primarily into the development of its own vehicle fleet. The company hopes that the acquisition of its own truck fleet will provide it with ... more >>

CBRE Group: Administrative buildings class A form 69% of offer

In 2015 clients on the Czech market are interested mainly in administrative buildings class A, which form about 69% of the total demand volume. Some 75% of ... more >>

Czech Republic a bit player in EU Commission case against Gazprom but still exposed

The European Commission’s long delayed decision to launch proceedings against Russian state gas exporter Gazprom for alleged abuse of its dominant position on various ... more >>

Prague’s Ironing Ladies: Providing work from home for disadvantaged women

Jan Roháč and Martin Jůza are the co-founders of Ironing Ladies, a project launched over year ago employing women part-time who (for health reasons or the care of ... more >>

State may lose CZK 1.8 billion after collapse of German firm handling oil reserves

The Czech Republic stands to lose around CZK 1.8 billion after an insolvency administrator rejected all of its claims against Viktoriagruppe, a company that ... more >>