Wednesday, 12 March 2014
Business | Radio Prague
Škoda Auto victory over SEAT announced for key investment

The Czech Republic and local car maker Škoda Auto appear to have won the battle with Spain and auto maker SEAT to build a new large sports utility vehicle.
Business | Real Estate | CIAnews.eu
Demand for apartments in Prague lead by people under 39 years

The main role in the acquisition of apartments in Prague now is played by people from 35-39 years.
Business | CIAnews.eu
Employers expect uncertain hiring plans for 2Q 2014

According to the report by Manpower, Labor Market Index, 4% of employers in the Czech Republic expect in the second quarter of 2014 the increase in the workforce, 5% predict a reduction and 89% do not expect any changes.
Business | The Wall Street Journal
Ahold buys Spar supermarkets in ČR

Royal Ahold Tuesday said it has agreed to buy Austrian Spar AG's supermarket business in the Czech Republic for CZK 5.25 billion, making it the second largest player in the Czech supermarket sector.

Business | Radio Prague
Finmin submits new tobacco tax legislation due to weaker crown

The Finance Ministry has submitted new legislation for excise taxes on tobacco products to reflect a weaker crown currency in order to stay in line with EU directives, it said on Monday
Business | ČTK
Wage development is not dramatic, analysts say

Czech real and nominal wage decrease in Q4 2013 only looks dramatic because of a year-on-year comparison, analysts polled by ČTK said yesterday.
Business | ČTK
Czech labour market improving slowly, analysts say

Yesterday's unemployment data mark the first signs of an improvement on the labour market owing to a recovering economy and launch of seasonal work, analysts polled by ČTK said yesterday.
Business | Prague Connect
Negotiating life by David Ferguson

I have often thought of the experiences, books and people that have had an impact on the direction I took in my life. One experience stands out for me a little more than all the others.
Business | CIAnews.eu
ČNB: Interventions against the koruna help ward off deflation

The development of inflation has confirmed the opinion of the Czech National Bank (ČNB) that the decision to use the currency exchange rate as another instrument of monetary policy helped ward off the threat of deflation.
Business | Bloomberg
Czech inflation slowest since 2009 after koruna sales

The Czech inflation rate stayed at its lowest level since October 2009 in February, as the central bank reviews the effects of interventions to weaken the koruna.
Business | ČTK
ČNB: Czech farmers' EU subsidies to grow thanks to interventions

The Czech agriculture and related segments will receive CZK 1.4 billion more in European Union subsidies this year thanks to the Czech National Bank's interventions that have weakened the crown versus the euro.
Business | ČTK
Czech foreign trade ends in CZK 15.5bn surplus in Jan

Czech foreign trade posted a surplus of CZK 15.5 billion in January according to the national concept of external trade, making an annual rise of CZK 12.9 billion, the Czech Statistical Office said yesterday.
Business | ČTK
Inflation not to pose problem for economy this year, analysts say

Data on February inflation have confirmed that inflation will not pose a problem for the Czech economy and that there is no reason to fear deflation, according to analysts polled by ČTK.
Business | CIAnews.eu
Ministries to form team fighting tax crime

The Finance Ministry and the Ministry of the Interior will form a team, which will be launched against the tax criminality beginning September 1, 2014.

Business | CIAnews.eu
PWC: Czech Republic ranks 20th in global chart WILM

PwC has developed the global Women in Work (WILM) index for the year 2014.