Friday, 21 July 2017
Business | Radio Prague

Workers of the world unite! A stirring rallying cry which in reality often failed to cross borders. But Czech unions now appear to have won allies for their campaign to hike local wages on the grounds that the same work should be earning the same reward irrespective of where it is taking place.

Business | ČTK

The Czech Senate refused to support the ratification of an agreement on air transport services between the Czech Republic and Saudi Arabia today, pointing at human rights violation in Saudi Arabia and its approach to Europe.

Business | CIA News

Construction savings bank Wüstenrot – Stavební Spoøitelna entered into more than 19,000 construction savings contracts (incl. construction savings contracts entered into by clients to draw bridging loans) with the target sum of over CZK 6.1bn, up 7% y/y.

Business | CIA News

Forest management company Lesy Èeské Republiky (LÈR) has opened forest work tenders for work performed from January 2018 on.

Business | CIA News

Developers in Prague have more than 84,000 flats in preparation in various stages.

Business | CIA News

Home Credit Group is opening cooperation with Asian investment group PAG Capital Asia.

Business | CIA News

Czech automaker ŠKODA AUTO globally delivered 585,000 cars in the first half of 2017. This represents a growth by 2.8% y/y.

Business | CIA News

Ministry of Education, Youth and Sports will open later in 2017 ten additional calls from the Research, Development and Education Operational Programme (OP VVV) worth almost CZK 8bn.

Business | Real Estate | Prague TV

Flatio.com, a Czech startup that provides accommodation for periods between one to six months.

Business | Radio Prague

The number of long-term unemployed in the Czech Republic in June was less than half the figure for the same month three years previously. Indeed, according to figures released by the national Office of Labour, the long-term jobless rate is way below the number of positions being offered.

Business | Prague Morning

The biggest outlet in the Czech Republic is opening next to Václav Havel Airport. The architecture mimics the streets of Prague’s Old Town. Prague The Style Outlets will have around 190 stores for a total of 30,000 square meters.

Business | Prague Connect

“Do not wait to strike till the iron is hot, but make it hot by striking.” William Butler Yeats

Business | CIA News

The Home Credit group has launched operations of a platform allowing online purchases with zero-rise installments in Russia.

Business | CIA News

The Czech Ministry for Regional Development approved 2,309 applications for support totaling CZK 38bn as part of Integrated Regional Operating Program (IROP) between January 2017 and July 14, 2017.

Business | CIA News

In May 2017 the deficit on the current account of the balance of payments totaled CZK 2.9 billion.