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Business News from Czech Republic by and several sources, collected all on one platform! Want to have your business news listed with us?  Contact us

Václav Havel Airport has record year

Václav Havel Airport Prague had another record year in 2017. It handled a total of 15,415,001 passengers, an increase of 17.9 percent compared to 2016. This confirmed the airport’s status as one of the fastest growing airports in the category of 10 to 25 million passengers in Europe. more >>

Czech spending watchdog finds significant waste in forestry programmes

The Czech Republic’s spending watchdog has roundly criticized the way state and European funds were used in connection with different projects to maintain and improve the country’s forests. It found that in many cases there was no real attempt to make sure that tens of millions of crowns ... more >>

Czech pink pill gets protection

French pharmaceutical company Sanofi has registered the colour and shape of the famous Czech painkiller Ibalgin, the daily Hospodářeké noviny reported on Friday. The round tablets in bright pink colour belong among the 10 top-selling drugs in the country. more >>

IKEA pop-up store to open in Prague centre

Swedish furniture giant IKEA will open a new store in the very centre of Prague this summer, the daily e15 reported on Thursday. A temporary pop-up store selling living rooms will be located on Wenceslas Square in a former Česká spořitelna building. The costs of the initiative are expected ... more >>

Interchange raises more than CZK 120,000 for the People in Need

The International Interchange Group (‘Interchange’), one of the leading foreign exchange providers in the world, and in the Czech Republic with 40 local branches, is pleased to announce that during 2017 it raised more than CZK 120,000 for the People in Need organisation (‘PIN’) through its ... more >>

Czech inflation slows in December, 2017 price rises at 2.5 percent

The pace of annual Czech inflation slowed in December to 2.4 percent from November’s 2.6 percent. more >>

Czech unemployment rose in December but still remains lowest figure for December in 20 years

Unemployment in the Czech Republic rose in December following a four-month decline, going from 3.5 in November to 3.8 percent. The figure was released on Tuesday by the Czech Labour Office and, despite the rise, is the lowest for the period of December in 20 years. In all, some 280,000 people job... more >>

The campaign for the presidential election already began on disinformation websites

At the beginning of December 2017, the Prague Security Studies Institute (PSSI) launched the project: the Czech election in the era of disinformation, with the aim of describing articles published on Czech disinformation websites during the presidential election campaign. The findings of the ... more >>

Babiš would prefer minority gov't in case of second vote

Czech PM and ANO leader Andrej Babis would prefer a minority government variant also in his possible second try to form a government, he says in an interview with daily Pravo out on Saturday, adding that a one-party cabinet is more practical. more >>

British Ambassador's embéčko for sale

After much soul-searching, I have decided that my beloved embéčko (Škoda 1000 MB / Wikipedia) belongs here in the Czech Republic where it has spent the first 50 years of its life. more >>

Czech Hyundai car plant expects drop in 2018 output

The Czech auto sector, both cars and components, is booming. But the boom is not shared equally between the country’s biggest producers. While the biggest manufacturer, Škoda Auto, is hard pressed to keep up with demand, Hyundai saw production drop slightly last year and the trend is set ... more >>

New Czech law seeks to cut food waste

At of the start of 2018, a new amendment to the Food Act came into effect in the Czech Republic, requiring all supermarkets over 400 square metres to donate unsold but still consumable food to charities. The main aim of the new regulation is to reduce food waste. more >>

British Ambassador to Prague Thompson ends in office

British Ambassador to the Czech Republic Jan Thompson officially ends in office on Friday and she will be replaced by Nick Archer who arrives in Prague next week, British Embassy spokesman Jiri Sebek has told CTK. more >>

Most NYE tourists came from Paris and Moscow

New Year's Eve and New Year’s Day celebrations in Prague are increasingly popular among tourists. In the last days of the year, tourists from Paris, Moscow, and London topped the list of people visiting Prague. more >>

Czech bank governor lands top European award

The governor of the Czech National Bank has received one of the most prestigious awards in the sector – the title of European bank governor of the year from The Banker magazine. Jiří Rusnok was given the award for dropping the low crown regime and trying to put a lid on a domestic real estate ... more >>

Driver shortage leads to public transport restrictions in Prague

Passengers on Prague’s public transport system may find these days that they are waiting longer than usual for trams, buses and underground trains. Operators say they have been forced to launch a short-term reduced service as – with worker shortages hitting many sectors – they simply cannot find ... more >>

Spending spree continues even after holidays

Retailers have continued to register high sales even after Christmas, rivalling that of pre-holiday spending and marking a rise of roughly five percent year-on-year, according to the Czech News Agency. Many e-shops slashed prices on December 26 as did stone-and-mortar shops when they reopened a ... more >>

Czechs look upmarket to boost British sales

In recent years, Czech two way trade with the United Kingdom has advanced by leaps and bounds. The country was already the fourth biggest Czech trade partner two years ago in 2015, following first placed Germany, Slovakia, and just trailing Poland in third place. But the current ... more >>

Czechs like flirting at work says poll

More than 94 percent of Czechs admit to, at one time or another, having flirted at work. Polls also suggest that often flirting turns into short-lived romances or extramarital affairs. more >>

Czech holidays in 2018

There are 13 national holidays in the Czech Republic, but some years a lot of them fall on a weekend, so people feel cheated. For 2018, though, just two fall on a weekend, and there are two four-day weekends: March 30 to April 2, July 5 to 8 and a five-day weekend from Dec. 22 to 26. For the ... more >>
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