Monday, 20 May 2019
Business | Radio Prague

Companies in the Czech Republic will have to accurately track their employees' working hours. Otherwise they will come under pressure from trade unions armed with a new European court ruling, reported on Thursday.

Business | Reuters

The Czech Republic has oil reserves for 68 days after two loans it gave to PKN Orlen's Unipetrol refineries to cope with outages in supplies from Russia, the chief of the state reserves told ČTK news agency on Thursday.

Business | Radio Prague

Kateřina and Emmanuelle Chauveau are an enterprising couple who fell in love with Uganda and started helping orphans in Bwindi. In order to support their charity project they eventually set up a business based on their mutual love of coffee.

National | Business | UNIAN

Minister of Foreign Affairs of the Czech Republic Tomáš Petříček has condemned a recent visit of Member of Parliament from the Communist Party of Bohemia and Moravia Zdeněk Ondráček to Russia-occupied Donbas.

Business | Reuters

Two Czech energy billionaires and state-controlled ČEZ have bid to buy Swiss firm Alpiq's coal- and gas-fired power plants in the Czech Republic, sources close to the deal said on Wednesday.

Business | ING Think

The first estimate of Czech economic growth in 1Q19 came at 2.5%, broadly in line with expectations. After almost 3% growth last year, the Czech economy will likely decelerate towards 2.5% this year amid weaker foreign demand.

Business | Škoda Media

The ŠKODA models FABIA and RAPID make the drivers in the small and compact segment the happiest in Germany. These were the findings of the latest 2019 Germany Vehicle Dependability Study (VDS) by the market research institute JD Power.

Business | Radio Prague

In the last few decades the number of teenagers who opted to become skilled tradesmen and women has seen a steep decline. Consequently the country now lacks an estimated 300,000 skilled workers in various trades, with masons, electricians and installers the most in demand.

Business | Brno Daily

AVION Shopping Park Brno, the first and also the oldest shopping center in Brno, will undergo the largest expansion and modernization in its history. The total area of the center will increase by an area comparable to three football fields.

Business | Focus News

Czech state-run power group ČEZ said Tuesday it had raised both profits and sales in the first quarter on higher power prices and increased output in its two nuclear plants, AFP reported.

National | Business | Radio Free Europe/Radio Liberty

A key witness in a case that resulted in prison terms for two Russian soccer players who assaulted a government official in Moscow has sustained "serious injuries" after falling from a fourth-story balcony at a Czech resort, Russian and Czech authorities say.

Business | Radio Prague

Czech Prime Minister Andrej Babiš described the country's agricultural self-sufficiency as catastrophic in a speech to members of the Chamber of Agriculture on Sunday. He also defended the high-levels of rapeseed cultivation, which he said is a victim of mythmaking.

Business | Reuters

The Czech government approved a second loan of state oil reserves for refiner Unipetrol, part of Poland's PKN Orlen group, CTK news agency reported on Monday. CTK cited the head of state reserves Pavel Svagr as saying the loan was for more than 100,000 tonnes, same as the first loan granted at the end of April to deal with supply interruptions from Russia.

Finance | Yahoo Finance/Reuters

The crown touched 6-week lows against the euro on Monday as Czech inflation unexpectedly slowed, while the U.S.-China trade war helped drive down stocks and government bond yields in Central Europe. April Czech annual inflation dropped to 2.8%.

Business | Aviation Today

The State Department has cleared the Czech Republic to buy more than USD 1 billion in Bell AH-1Z attack helicopters and Sikorsky UH-60 Black Hawks.