Thursday, 24 May 2018
Business | Radio Prague

Penny Market is the first supermarket chain in the Czech Republic to sell bread made of cricket flour, news website Aktualne.cz reported on Wednesday.

Business | Prague TV

Prague ranked eighth in the list of most popular congress and meeting destinations, compiled annually by the International Congress and Convention Association (ICCA). Prague has risen three positions since 2016 is now among the world's top 10 congress destinations.

Business | Reuters

The Czech competition watchdog cancelled on Wednesday a 10.7 billion crown government tender for a new operator of a highway toll system. The UOHS office said the tender lacked transparency due to errors in handing over tender documentation to bidders, and due to an unclear definition of the size of the road network that the fixed-price offer should cover.

Business | ČTK

Defence Minister Karla Slechtova (ANO) will hire a law office to draft the documentation for the purchase of combat vehicles worth 53 billion crowns, the biggest state commission, which no ministry could handle without consultation, she said on Wednesday before the cabinet meeting.

Business | Radio Prague

More and more Czech seniors are travelling abroad, according to numbers registered by domestic travel agencies. Last year, one, Invia, registered an increase of 11 percentage points when it came to clients 55 or older and in 2017 seniors represented one-fifth of the package vacation market.

Finance | ČTK

Czech churches and religious associations received over 3.6 billion crowns from the state in 2017, which is 142.4 million crowns more than in 2016, and 2.1 billion crowns in annual financial compensation for property that cannot be returned according to the relevant law.

Business | Prague TV

US-based carrier American Airlines has opened a direct connection between Václav Havel Airport Prague and Philadelphia International Airport. Flights between the two cities will use a Boeing 767-300 with more than 2,800 seats a week for the entire summer season.

Finance | Prague TV

The growth rate of the Czech economy will slow down this year and next year, according to the European Commission's spring forecast. This year the Czech gross domestic product (GDP) will grow by 3.4 percent and next year by 3.1 percent.

Business | Prague Leadership Institute

It's not what you know, it's how you choose to use what you know that makes all the difference in the world when it comes to leadership development.

Business | Radio Prague

In its latest forecasts, the Czech national bank sees a slowdown in price rises and the appreciation of the Czech crown. That last factor could open the door to interest rate hikes, but analysts see just one on the horizon towards the end of this year.

Finance | ČTK

The Czech state might spend less money on teachers' wages in the years to come than what the cabinet has promised, as a result of which they might not increase as originally planned, the public finance sector's budget strategy which the government approved this week shows.

Business | Radio Prague

The Czech Republic's discount chain Kaufland has announced its plans to significantly increase employees' salaries. As of June, the average monthly wage of cashiers in Kaufland will reach an average CZK 24,000, which is an increase of about 25% to the current salary, Hospodářské noviny reported on Thursday.

Business | ČTK

The Explosive Service firm will not get a compensation of 63 million crowns it demanded from the Czech state for the unrightful prosecution of its executives, the Prague Municipal Court ruled on Thursday, upholding a lower level court's verdict from last year.

Business | Radio Prague

The Czech Republic has won another solar arbitration and will not have to pay the around 310 million damages that were being sought. News of the victory was communicated by the ministry of finance.

Finance | Radio Prague

The European Commission has predicted a slowdown in the Czech economy. The Commission's Spring forecast sees GDP growth falling to 3.4 percent this year and to 3.1 percent in 2019. In 2017 Czech economic growth was above initial expectations at 4.4 percent.