Business

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The first chamber of commerce ever was established by merchants, traders, and craftsmen in Marseille, France in 1599. It provided them a forum to discuss and tackle common challenges. Throughout the centuries, this representation of common interests has become the foundation of chambers of commerce worldwide. Chambers today are as diverse in name as the business communities they represent. Every chamber is unique, with different benefits, resources, and opportunities. However, their common goal remains to support their member businesses. Chambers primarily depend on membership fees paid by businesses to join. They often have different membership packages to keep doors wide open for all types of businesses. In order to support the administrative work and planned activities, chambers can also receiveContinue Reading

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The stores occupying more than 400 square meters will be required to sell the obligatory minimum of Czech-produced products, states the new proposal to the Food Act that was approved today by the Chamber of Deputies. Eight countries from the European Union have already criticized the proposal because it is discriminatory against foreign-made products.  The proposal will apply to the products which can be produced in the Czech Republic. The rule won’t apply to stores smaller than the required 400 square meters, as well as the outlets. Next year, the obligatory quota will be 55 percent with plans to grow to 73 percent in seven years.  The Minister of Agriculture Miroslav Toman doesn’t see anything problematic with the proposal beingContinue Reading

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Chcípl PES initiative plans to establish a political party Otevřeme Česko (Open Czechia). According to restaurateur Jiří Janeček, partnering restaurants, pubs and shops will become places for political party’s meetings, which will make them exempt from COVID-19 related measures. “It is a response to the restrictions of this government, which does not want to deal with us, it only saves itself,” Janeček stated. Janeček added that the point of the party is not to participate in the elections but rather to solve the current situation. They will organize a petition for the restaurants and stores to start conducting political activities. The restaurants can be recognized as spaces for political meetings with the citizens. According to Janeček, this would then exemptContinue Reading

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After nearly a year of not being able to operate at normal capacity, České dráhy (Czech Railways) has been forced to lower some employee’s wages, and get rid of others, Irozhlas reports. Gabriela Novotná, the spokesperson for České dráhy, announced on Sunday that the company planned on reducing wages for 700 administrative employees, and likely release others in a plan that is supposed to only last for a year while the COVID-19 restrictions are hampering business.  Ivan Bednárik, CEO and chairman of the board of directors of ČD reiterated the measures are only temporary as the company waits out the coronavirus situation. “The pandemic has to end one day, so if we reduce contractual wages this year, it won’t beContinue Reading