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Singer: Eurozone membership does not stimulate economic growth

According to ČNB Governor Miroslav Singer, it is impossible to deduce from the available data that the eurozone provides any substantial stimulus encouraging ... more >>

Škoda Transportation: St. Petersburg to have eight new metro units

OOO Vagonmash, a member of the Škoda Transportation Group, has been declared the winner of a tender in St. Petersburg, Russia. It will supply eight six-wagon ... more >>

Raiffeisen – Leasing doing well in real estate

Raiffeisen – Leasing funded deals worth CZK 4.3bn in 2014. According to a statement by director Alois Lanegger within the framework of a ČIANEWS survey, CZK 1.385bn ... more >>

Restaurants with outdoor seating face tough new regulations

With the first warm weather restaurants, pubs and coffee houses in Prague immediately set up outdoor eating spaces – from their own walled-in gardens that offer ... more >>

"Tact is the knack of making a point without making an enemy." Isaac Newton

What a wonderfully simple, concise way of describing one of the most important abilities of persuasive communication.  One thing I’ve learned about this topic, after ... more >>

Business News 27.2.2015

In this week's Business News: Fewer companies announce mass layoffs in January than the previous year; in a working paper, the EC says the state of public finances has... more >>

New small power plant up & running on Labe River

A new small automated hydroelectric facility starts up on the Labe River. more >>

CzechInvest to prepare strategies for priority territories

CzechInvest will be preparing strategies for priority foreign territories in the upcoming months. Within three years, the implementation of the new strategy should ... more >>

T-Mobile CR with higher revenues and more clients

The number of T-Mobile Czech Republic’s mobile-service customers grew 2.9% year-on-year to six million in 2014. During the monitored period, the operator gained ... more >>

Czech Republic and South Korea sign strategic partnership agreement

The Czech Republic and South Korea on Thursday upgraded their business ties, signing a strategic partnership agreement. In the course of his working visit to the ... more >>

Bisnode: 2.1 million sole traders in CR

Totally 62,000 new sole traders were registered in the Czech Republic in 2014, down 10% y/y. The no. of new sole traders was the lowest in 9 years. There are ... more >>

Lidl invested CZK 1bn into store upgrade

Retail chain Lidl invested CZK 1bn into the modernisation of its stores on the Czech market in 2014. Lidl Česká Republika’s general director Pavel Stratil has stated... more >>