Sunday, 21 September 2014
Business | The Prague Post

Škoda's brilliant premiere in China: both of the Škoda classics participating in Škoda's first classic car rally in China have won in their respective categories.

Business | Radio Prague

The market in home deliveries of foodstuffs – at present dominated by UK retailer Tesco – looks set to hot up, with relative newcomer Rohlík.cz preparing to expand beyond Prague and supply consumers in other Czech cities, the news website Aktuálně.cz reported.

Business | Business Standard

Czech Republic today offered its expertise to boost industrial development in West Bengal as part of its bid to strengthen bilateral ties with India.

Business | Radio Prague

The car manufacturer Škoda will resume its production in Russia on Monday, the daily Lidové noviny writes on Thursday. The car manufacturer suspended production in two of its plants, in Kaluga and Nizhny Novgorod, on the 8th of September.

Finance | Radio Prague

Representatives of the government, trade unions and employers on Wednesday agreed on the draft state budget for 2015. Under the proposal, the state budget deficit for next year should not exceed 100 billion crowns and will include hikes in salaries in the public sector.

Business | Radio Prague

A Czech business delegation has visited Iran on a fact-finding mission, the first of its kind in recent decades. Some 20 Czech firms, from machinery companies to pharmaceuticals producers, took part in the trip which could herald future closer cooperation between Iran and the Czech Republic, provided that sanctions imposed on Tehran over its controversial nuclear programme are lifted.

Business | Radio Prague

The short lived Czech and Slovak monetary union has been in the spotlight again as the referendum vote on Scottish independence looms on Thursday.

Business | The Prague Post

New team strengthens the firm's Finance & RRI, employment and criminal law practices.

Business | Reuters

Fortuna Entertainment Group's new chairman and chief executive Per Widerstrom is being brought in to develop the Czech betting firm's online business, the company said on Wednesday.

Business | Radio Prague

The car manufacturer Škoda Auto sold over 36,000 vehicles in Europe last month, and moved from tenth to ninth place of the best-selling brands on the continent, according to figures by the European Automobile Manufacturers Association released on Wednesday.

Finance | Radio Prague

The lower house of Parliament on Wednesday backed draft legislation introducing a third rate of the value added tax. If approved, the proposal, put forth by the government, would establish a 10-percent rate that would apply to books, medicine and baby food, as of January 2015.

Business | The Prague Post

Polish Enterprise Fund V, a private equity fund managed by Enterprise Investors, has sold its remaining stake in AVG Technologies, a leading global provider of software and online services, through a series of transactions on the New York Stock Exchange.

Business | Radio Prague

In the wake of reduced deliveries of Russian gas to Poland, Slovakia and Austria in recent weeks - the EU's dependence on Russian gas and finding alternative supplies to boost security has shot up the agenda again. And alongside other European countries heavily dependent on Russian gas supplies, the Czech Republic is taking stock of its reserves and preparing for a possible emergency.

Finance | Shanghai Daily

The Czech government on Monday decided to raise the minimum wage by CZK 700 to CZK 9,200 a month as of January 2015, Prime Minister Bohuslav Sobotka announced. Under the proposal, the minimum wage will be increased by 8.2 percent as of January 2015. The hourly minimum wage is to be raised from CZK 50.60 to CZK 55. The lowest guaranteed wages for employees in the civil service and those without a collective agreement are also to be increased.

Business | Radio Prague

The global e-commerce giant Amazon is planning to build another logistics facility in the Czech Republic. In addition to an existing returns centre and a large warehouse whose construction began last week, Amazon is also looking to build another facility in Central Bohemia, the daily E15 reports.