- Economy is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on!

JET Investment wins tender for LESS and TIMBER’s plants

Investment group JET Investment has won the tender for the plants of LESS & TIMBER, which is currently in insolvency proceedings. Price was the sole criterion and JET Investment has offered the highest bid the investor intends to preserve production in the company, which owns sawmills, a glued squared log production facility and runs a forest biomass cogeneration unit. According to JET Investment’s majority managing partner Igor Fajt, LESS & TIMBER is a strategic and long-term investment and the investor wants to take over the companies as soon as possible and launch their revitalisation in early 2015.



We Ensure your business gets seen - Use the power of video advertising! 

With a total of over 300,000-page visits per month and over 60,000 followers on social media channels, PTV Media Group is the leading international media service in Prague, Czech Republic. If you are interested to take the next step with your company and you are ready for new clients, visit

Exchange rates
Upcoming Events