Saturday, 18 November 2017
Business | Prague TV

The seasonally adjusted Czech gross domestic product (GDP) was up 0.5 percent in the third quarter of 2017 compared to the previous quarter, and up 5.0 percent compared to the same period last year, according to the preliminary estimates from the Czech Statistical Office (ČSÚ). More detailed data will be released in December. It is the strongest growth in a decade, if 2015 is set aside for being atypical due to one-off factors.

Business | Prague Connect

The annual event organized by Aspen Institute Central Europe and Hospodářské noviny takes place on November 29-30. The goal of the conference is a complex evaluation of the political, economic and social development of the Czech Republic and the region of Central Europe.

Business | Radio Prague

Over the past week Prague was the focus for discussions between experts and businessmen about their experiences with the medicinal cannabis market. It's a global market that's growing fast. But the story in the Czech Republic and in many other places is of growing pains and the early expectations not being realised.

Business | Radio Prague

The shared economy is already making waves in the Czech Republic, as continued demonstrations in the Czech capital about the Uber taxi platform prove. But the bark is in some sense bigger than the bite it has taken out of the traditional economy or made elbow room for on its own merits.

Business | CIA News

Metrostav has opened a road tunnel in Iceland for ISK 8.43bn. It is 7.908 km long. The tunnel driven in the rock is 7.566 km long.

Business | CIA News

Pilulka Lékárny is planning on considerable invesments in physical pharmacies in the year 2018 and in new logistics of the central warehouse for clients of the e-shop Pilulka.cz.

Business | CIA News

The entrepreneurial mission, which will accompany president of the Czech Republic Miloš Zeman during a state visit to the Russian Federation on November 21 to 24, 2017, will enable companies to sign contracts reaching billions of korunas.

Business | Prague Connect

The blue logo, which the Prague Congress Centre has been associated with since 2002, is being replaced with a new logo this month. The refurbished center introduces a new corporate identity that symbolizes its transformation into an open, friendly and inspiring place.

Finance | ČTK

Churches in the Czech Republic will receive the fifth instalment within the 59-billion-crown sum going to them under the restitution law at the end of the year, whereby the total sum they will have received will slightly exceed 10 billion crowns, the Culture Ministry's data show.

Business | CIA News

Czech automaker ŠKODA AUTO globally delivered 107,400 cars in October 2017. This represents a growth by 9.7% y/y. Deliveries in Europe grew 11.3%. The brand improved its position also in Russia (+23.8%) and India (+7.7%).

Business | CIA News

Solar Global group will build a 10 MWh battery storage facility in Ochoz, Olomouc Region. The storage facility is to be the biggest in Central and Eastern Europe.

Finance | CIA News

Czech Republic’s gross domestic product, adjusted for pricing and seasonal factors, increased by 0.5% q/q and 5.0% y/y in Q3 2017. This stems from the preliminary estimation from the Czech Statistical Office (ČSÚ).

Business | Real Estate | Prague TV

Starting in January, construction authorities will only allow developers of large projects to build energy-efficient buildings where the energy consumption is near zero. Some construction companies say the new rules will bring about an increase in prices for new real estate.

Business | Prague Connect

The Czech North American Chamber of Commerce and Culture has a new president. Lubomír Novotný takes over this new role in the Chamber with extensive business experience having most recently served as the Executive Director.

Business | CIA News

Utility ČEZ registers potential strategic partners’ interest in entry into ŠKODA PRAHA. The spokesperson for ČEZ, Roman Gazdík, has confirmed to ČIANEWS that the group is leading talks with multiple contenders.