Thursday, 19 October 2017
Business | CIA News

The costs of insurance benefits from compulsory third party liability coverage are growing and may not be sustainable in the long run with continuing stagnation of insurance premium.

Business | CIA News

European companies’ sales prices have reached the highest level since 2010. There are many investors on the European market, incl. the Czech one, with free cash looking for ways to valorise it.

Business | Radio Prague

A seemingly innocuous memorandum with an Australian mining company about exploitation and processing of some of the Czech Republic's biggest lithium reserves is now in the spotlight on the eve of parliamentary elections.

Business | Prague TV

Unemployment in Prague after four months of stagnation has fallen to 2.7 percent. The number of open jobs in September decreased slightly to 38,403 from 38,775 in August. The number of open jobs increased from January to August.

Business | Prague Connect

Prague College is hosting yet another high-profile speaker event on Thursday, October 19. This time a seminar on the internet and its impact on our lives entitled "Man Disconnected – Motivating Millenials".

Business | Prague Connect

Over the last year or so we have been working hard to make CANZA more relevant. We have also set up Australasian Business in Europe (ABIE) which has corporate members and is functioning as the Chamber of Commerce for both Australia and New Zealand.

Business | ČTK

About 382,900 foreigners were employed in the Czech Republic at the end of 2016, which is nearly 100,000 more than in 2008, during the boom before the financial crisis, according to a Labour Ministry report worked out for the tripartite council.

Business | CIA News

Carmaker ŠKODA AUTO predicts that vehicle registrations in the Czech Republic will grow 7-9% to 88,000-90,000 in the full year of 2017. The brand predicts that its market share will be stable at over 33%.

Business | CIA News

ZKL invested CZK 50m into the modern wind power plant project in Europe in 2017. Money was directed primarily into equipment upgrade. The group plans to raise the investment by additional CZK 60m in 2018.

Business | CIA News

The State Agriculture Intervention Fund (SZIF) will accept applications for the 5th round of the 2014-2020 Rural Development Fund from October 10, 2017.

Business | Prague TV

Air carrier Travel Service will take over Czech Airlines (ČSA), buying shares from Korean Air and state-owned Prisko. Travel Service will hold 98 percent of Czech Airlines. The information was reported by news websites Zdopravy.cz and ČT24. Travel Service spokeswoman Vlaďka Dufková declined to comment. Travel Service is expected to issue a statement soon. Travel Service, which owned 34%, has agreed to buy a 44% stake from Korean Air and another 19.7% from Prisko.

Business | Prague Leadership Institute

We may build on emotions but we also need a reason to cast light on our efforts," said Tomas Garrigue Masaryk. The more I read about the first Czechoslovak president the more I appreciate his common sense and wisdom as a leader.

Business | Radio Prague

Bosses at the Czech Republic's biggest car maker and biggest manufacturing concern, Škoda Auto, have moved to try and calm fears that some production could be moved to Germany to ease the fact that local plants are working full out.

Finance | ČTK

Cryptocurrencies such as bitcoin threaten the existence of central banks because they do not depend on central banks, similarly to gold and oil where only the market sets the price, Pavol Luptak, head of the fourth Hackers Congress held in Prague last weekend, told CTK on Sunday.

Business | ČTK

The memorandum on possible lithium mining in north Bohemia that Industry and Trade Minister Jiri Havlicek (Social Democrats, CSSD) recently signed with an Australian company does not bring any obligations on the Czech Republic, he said in a Prima TV online discussion on Sunday.