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

Zeman to receive new ambassadors from Vatican City, Georgia, Latvia, Albania

President Miloš Zeman on Thursday will formally receive the credentials of four new ambassadors, from the Vatican City, Georgia, Latvia and Albania. The ceremony will take place at Prague Castle. The new apostolic nuncio to the Czech Republic is Charles Daniel Balvo, an American, who has already... more >>
 

Czechs amongst biggest savers in Europe

Prague Daily Monitor Novinky.cz reports that Czechs are amongst the biggest savers in Europe, second only to the Swedes. Based on data collected by Intrum in 2018, 72% of Czechs surveyed, suggested that they put away some money every month. read more more >>
 

Babiš suggests that Morocco can be Czechia's biggest partner in Africa

Prague Daily Monitor Prime Minister Andrej Babiš who is on a two-day official visit to Morocco, told reporters at the Czech-Moroccan Business Forum, that Morocco had the potential to be the Czech Republic's biggest trading partner in Africa. read more more >>
 

Lyme disease and encephalitis numbers up in 2018

Prague Daily Monitor Czech Television reports that the number of people who were diagnosed with Lyme disease and tick-borne encephalitis this year, was the highest in seven years. 4,018 people were affected by Lyme disease and 627 by encephalitis. read more more >>
 

Dostálová is prime suspect in Czech Tourism case

Prague Daily Monitor Czech Television reports that the Minister for Regional Development Klára Dostálová (ANO) and Aleš Pangrác a senior manager at Czech Tourism are prime suspects in a police case investigating financial wrongdoing at Czech Tourism. The crime allegedly occurred when ... more >>
 

Daily news summary 5.12.2018

Brexit and GDP, World Floorball quarterfinals, Babiš most trusted party head more >>
 

South Moravian winery’s Rulandské bílé declared best Czech wine of 2019

Tuesday saw representatives of the National Wine Centre and a special evaluation committee announce the best Czech wine of 2019. The winner is the Rulandské bílé, a special Czech form of Pinot Blanc from Castle winery Bzenec, specifically the late harvest collection 1508 from 2017. The winning ... more >>
 

Czech children receive visit from St Nicholas and his companions

This Wednesday, December 5th, Czech children eagerly await the visit of the bearded St. Nicholas and his two companions – an angel and a devil. The much treasured tradition has been going strong for centuries and is unlikely to disappear any time soon. more >>
 

Centre Combatting Organized Crime warns of sham marriages and “uncontrolled entry” of Muslims

The National Centre for Combatting Organized Crime issued its annual report on Wednesday highlighting potential security risks to the country. It reported a growing number of sham marriages, particularly with citizens of Turkey, and warned of “uncontrolled numbers of people practicing ... more >>
 

Prague owner of escaped green mamba dies in induced coma

A Prague woman who was bitten in early October by her pet green mamba has died in hospital at the age of thirty. She had been in an induced coma since being given an anti-venom serum within hours after being bitten. The green mamba is one of the world’s most venomous snakes. The pet snake had ... more >>
 

Study: Brexit could reduce Czech GDP by 1.1 percentage points

Brexit could lead to a drop in the Czech gross domestic product by up to 55 billion crowns, or 1.1 percentage points, according to a study published on Wednesday by the retail savings bank Česká spořitelna. The United Kingdom’s departure from the European Union could also trigger the laying off ... more >>
 

Czech PM launches bilateral Business Forum in Morocco

Prime Minister Andrej Babiš (ANO) is winding up a two-day trip to Morocco on Wednesday by inaugurating a bilateral Business Forum in the city of Casablanca. Morocco is the Czech Republic’s biggest economic partner in the region of North Africa. On the first day of the trip, Mr. Babiš held talks... more >>
 

Poll: Andrej Babiš most trusted party leader in parliament

Prime Minister Andrej Babiš, founder and chairman of the centre-right populist ANO party, remains the most trusted leader of a political party now represented in parliament, according to a new poll by the CVVM agency. According to the poll, the ANO leader enjoys the trust of 40 percent of ... more >>
 

Czechs advance to World Floorball Championship quarter-finals

The Czech men’s floorball team has qualified for the quarter-finals of the ongoing World Championships in Prague as group first. In a battle for first place in Group A, the Czech Republic defeated Switzerland on Tuesday evening by a score of 6:4. In Group B Sweden obliterated Denmark by a score ... more >>
 

Weather outlook

Thursday should be cloudy throughout most of the country. Occasional rain, sleet or light snowfall is forecast for all regions except for Zlín and Moravia-Silesia. Average daily highs should be between -1 to 3 degrees Celsius. Friday should be warmer but rainy nationwide. more >>
 

MPs approve draft data privacy law in line with GDPR

The lower house of Parliament has approved a new draft law on the protection of privacy. The main aim is to bring Czech legislation fully in line with European legislation, in particular the General Data Protection Regulation, or “GDPR”, which came into effect in May. At the instigation of MP ... more >>
 

National Centre for Combatting Organized Crime warns of “uncontrolled entry “ of Muslims

The National Centre for Combatting Organized Crime has warned that “uncontrolled numbers of people practicing Islam entering the country” presents a security threat. In its annual report the centre says it has registered an increasing number of firms and agencies owned by Muslims being set up ... more >>
 

Czech Republic urging Russia to comply with INF-T treaty

The Czech Republic has joined NATO member states in urging Russia to comply with the terms of the 1987 Intermediate-Range Nuclear Forces Treaty. At a meeting of NATO foreign ministers in Brussels on Tuesday Czech Foreign Minister Tomáš Petříček said the Czech Republic fully understands the US ... more >>
 

State to end support for coal heaters

Prague Daily Monitor Czech Television reports that the government will end subsidies for coal-fired stoves used in home-heating systems. The government's third round of subsidies for homeowners, to upgrade their heating systems, will kick in from the spring of 2019. read more more >>
 

Babiš visits Morocco, talks business and migration

Prague Daily Monitor Prime Minister Andrej Babiš began a two-day official visit to Morocco on Tuesday, accompanied by Industry and Trade Minister Marta Nováková, industrial bigwigs and officials from the Foreign Ministry. read more more >>
 
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