Tuesday, 24 May 2016
Business | Prague Connect

“I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear.” Nelson Mandela

Business | Real Estate | Prague Connect

Colliers International suggests alternatives for investors stymied about the current state of the office market

Business | CIA News

In 2015 Volkswagen Financial Services (formerly ŠkoFIN) signed more than 41,000 new contracts for financing new and used vehicles.

Business | CIA News

VOP CZ will in 2016 invest CZK 42.6m primarily into software, company logistics, production hall suction and production quality.

Business | CIA News

The committee of the Regional Council of Cohesion Region Northeast approved as part of Regional Operating Program Northeast (ROP NE) 751 projects for support with a subsidy totaling CZK 18.5bn.

Finance | ČTK

The Finance Ministry has filed a criminal complaint about transactions from 2004, 2005 and 2009 that were related to the state debt management and that may have caused a damage of billions of crowns to the state, the ministry's spokesman Michal Žurovec said on Thursday. In 2002-06, the Finance Ministry was headed by Bohuslav Sobotka. In 2007-2009 and 2010-2013, it was headed by Miroslav Kalousek.

Business | Radio Prague

The Czech self employed are under the spotlight at the moment and it looks like they will be for some time to come.

Business | Prague Connect/Leaders Magazine

Lukáš Repal has more than 9 years of multi-disciplined managerial experience in residential and commercial real estate including asset management, property and facility management, development, brokerage, acquisitions and investments.

Business | Real Estate | Prague Connect

The fight against Prague's immense illegal graffiti problems is moving into high gear. Flow East is joining forces with the Prague City Hall Heritage Department. Together they will take the fight against graffiti to the next level.

Business | CIA News

In Q1 2016, Air Bank reported a 73% year-on-year decline in profit to CZK 35m. According to the bank’s statement, the results reflected both the ongoing environment of low interest rates and the loss of income from card fees resulting from the new legal regulation.

Business | CIA News

ZNOVÍN ZNOJMO said its 2015 revenues had amounted to CZK 288m compared to CZK 258m in 2014. Profit increased from CZK 25.5m in 2014 to CZK 29.3m.

Business | CIA News

The total vacancy rate at industrial properties in the Czech Republic dropped to 4.2% in Q1 2016. This is the lowest level over the past ten years, according to a JLL analysis.

Finance | Radio Prague

The Czech Republic has just been through its annual economic monitoring session with the International Monetary Fund (IMF). The outcome for the Czech Republic is a largely positive report though with some cautionary words.

Business | Radio Prague

Czech firms are having trouble filling positions for manual labour or industrial work, Czech Radio reports. Half-a-year ago, the government launched a pilot programme to attract foreigners, primarily from Ukraine, to the Czech Republic, by speeding up the visa application process.

Business | Radio Prague

The head of the largest Czech travel agency Exim Tours, Ferid Nasr, is predicting travel agencies in the country will take a hit this summer, as many Czechs are avoiding classic travel destinations as a result of the migrant crisis and local instability, writes Czech daily Lidové noviny.