Thursday, 18 July 2019
Business | New Europe

The European Investment Bank is lending EUR 50 million to Plzeňské městské dopravní podniky, a public transport provider in the Czech city of Plzeň, to help implement Plzeň's sustainable transport strategy, which aims to improve urban public transport while minimizing the negative impact of transport on the environment.

Czech Republic and the EU | Business | EU Observer

Czech premier Andrej Babis said that Dutch commissioner Frans Timmermans "is not the right one to unite Europe". Timmermans has emerged as a frontrunner after weekend talks between key EU leaders at the G20 summit.

Business | Radio Prague

Czechs are increasingly purchasing healthful foods thanks to growth in the popularity of active lifestyles and rising salaries, as well as the fact that retailers are now offering a broader selection of products than in the past, Czech Television reported.

Business | Radio Prague

The long-term modernisation of České Budějovice Airport in South Bohemia has been completed, regional authorities announced on Thursday. The airport received permission from the country's Civil Aviation Authority allowing international public traffic on Wednesday. Full operation should be launched at the end of 2020.

Business | Prague Leadership Institute

"Being a professional is doing the things you know need to be done, even on the days you don't feel like doing them." This is a quote I would nominate for screen-saver status. Just think about how tempting it is at times to put something off, or not to do it at all for one excuse or another.

National | Business | BBC News

A Czech woman injured in a bomb blast in Belfast in 1972 is on a mission to track down the soldier who "risked his life" for her.

Business | Bloomberg

Czech property billionaire Radovan Vitek is claiming victory in the first round of a transatlantic legal fight with New York hedge fund Kingstown Capital Management, which alleges he engineered a USD 1 billion fraud scheme.

Business | Radio Prague

Every seventh train in the Czech Republic arrived late last year, according to statistics published by the news website iDnes.cz. Long-distance and express trains experienced the most delays, while local passenger trains (which make the highest number of stops) proved the most reliable.

Business | Real Estate | Radio Prague

The city of Prague currently needs to provide flats for roughly 1.55 million residents, according to an analysis carried out by the company CE-Traffic. That is around 250,000 more than the population as estimated by the Czech Statistics Office. "Most predictions expected that Prague would have around 1.4 million residents by 2013, but that figure has already been exceeded by 150,000," Ondřej Špaček of CE-Traffic told the Czech News Agency.

Business | Radio Prague

The presence of so-called dual quality food in European stores was confirmed this week, when the results of a European Commission study showed that the labelling on 31% of analysed products was either fully or partly misleading. What is more, it seems dual quality is not just a problem in Central and Eastern Europe, but across the whole union.

Business | Global Compliance News

The new Act on Data Processing has recently been signed by the Czech president and will be submitted for publication in the Collection of Laws which may take approximately one or two weeks. The Act implements the General Data Protection Regulation and stipulates certain derogations therefrom.

Finance | Nasdaq/Reuters

The crown bucked a weakening of other Central European currencies on Wednesday as the Czech central bank retained its neutral rate outlook, not following recent dovish signals from the U.S. Federal Reserve and the European Central Bank.

Finance | National | Brno Daily

Last week, a forty-two-year-old suffered a huge loss. After parking his car on Koliště Street in Brno and leaving it to attend to some errands, some burglars took the chance to steal the victim's money. According to the Police Department, the money was in a laptop bag and it was more than CZK 5 million.

Business | Prague Daily Monitor

As with most "Sharing Economy" businesses, carpooling has opened an entirely new method of cheap, environmentally friendly, almost CO2 neutral travel. The app market is making this all possible through mini-programes that allow a user to punch their smartphone screen a few times and off they go.

Business | Yahoo Finance

Wrike, the collaborative work management platform for high-performance teams, opened a new international office today in Prague, Czech Republic, and announced "Work, Unleashed 2019," the company’s first product development-focused contest.