Sunday, 21 July 2019
Business | Radio Prague

During the first half of 2019, the Czech Republic registered a three year low in the amount of new companies being set up, data from the website Bisnode shows. A record amount of businesses, 7964, was also shut-down during the same measured period. Overall, the number of companies registered in the country grew to just under 450,000.

Czech Republic and the EU | Business | New Europe

The European Investment Bank, the European Investment Fund and Česká Spořitelna are channelling EUR 306m of new financing into small and medium-sized businesses for an estimated 250 companies, especially those with riskier business ideas.

National | Business | Radio Prague

Prague is hosting a major traditional culture fest this week - the Prague Folklore Days. Around 50 amateur folklore ensembles from Europe, Asia and Africa show off their musical and dancing skills to the public in various parts of the city.

Business | just-drinks

Molson Coors has acquired a majority stake in Czech brewer Pardubicky pivovar as the US-based company expands its Central European portfolio.

Business | Real Estate | Radio Prague

The average apartment in the centre of Prague is not only far more expensive than a comparable flat other central European capitals, such as Bratislava or Warsaw, it is approaching that of Berlin. This is according to the website Numbeo, which bills itself as the world's largest database of worldwide housing (real estate) prices.

Business | Prague TV

This month's get together for expats organized by Foreigners Prague and Prague TV is set to happen on Thursday, July 18th. Come to share experiences, practice Czech, drink beer and have fun!

Czech Republic and the EU | Business | ESMA

The European Securities and Markets Authority (ESMA), the EU's securities markets' regulator, has today issued a positive opinion on product intervention measures taken by the National Competent Authority (NCA) of the Czech Republic.

Finance | Nasdaq/Reuters

Czech yields were mixed on Wednesday before the sale by auction of a new tranche of a euro-denominated government bond that has drawn strong investor demand this year, while a firming U.S. dollar put the brakes on central Europe's currencies.

Business | Radio Prague

A major increase in electric cars driving on Czech roads is expected in the coming years, with some experts predicting up to a quarter of a million electricity powered cars will be in the country by 2030. A gradual increase in the number of these vehicles will start next year, with the country's largest car manufacturer Škoda planning on selling around 2,500, news site iHNed reports.

Business | Taiwan News

The Czech Republic on Monday rebuffed Beijing's request to extradite eight Taiwanese telecom fraud suspects on the grounds that they could face inhumane treatment.

Business | Emerging Europe

Twisto, a multi-currency card with a credit option, is now set to expand into Poland in October, and Romania soon after.

Business | Insidethegames.biz

A fundraising drive has begun in the Czech Republic in a bid to re-open the ski jumping hills at Harrachov. The facility has played host to major events but is currently closed after falling into a state of disrepair.

Business | Film New Europe

The first Swiss / Czech feature film coproduction ever Lost in Paradise / Ztraceni v ráji directed by Fiona Ziegler is shooting in Prague and Bern from 3 July to 8 August 2019.

Business | Budapest Business Journal

Super laser research facilities in Hungary and the Czech Republic will form a European Research Infrastructure Consortium (ERIC), Minister for Innovation and Technology László Palkovics said after meeting with Czech Deputy Prime Minister and Minister of Industry and Trade Karel Havlíček in Prague on Monday.

Prague | Business | Expats.cz

A 20-minute ride that should have cost a Prague tourist around 400 crowns on July 10 ended up being significantly more expensive when the final tally for the ride last week ran north of 7,500.