Sunday, 19 February 2017
Business | Prague TV

The two largest Czech companies, carmaker Škoda Auto and energy giant ČEZ, plan to work together to develop electric cars and infrastructure. Škoda will make electric cars while ČEZ will develop and build charging stations. The lack of charging stations has often been a stumbling block in the proliferation of electric cars. The two firms will work together to ensure the cars and stations are compatible and that the number of stations can meet the demand from the volume of cars produced.

Business | Radio Prague

160 years ago Ludwig Moser opened a glass-workshop and store in the West Bohemian town of Karlovy Vary. Today the Moser Glassworks is a world leader in glass making. It is celebrating its 160th anniversary with a grand exhibition at Prague's Municipal House.

Business | Stuff.co.nz

A Czech Republic company has taken down its Maori themed gambling game after accusations of cultural appropriation. The game, titled "Maori", was released late in December and featured Maori imagery and a rendition of the haka Ka Mate.

Business | IQ Magazine

The world's largest ticketing company has entered country number 30 with the buy-out of Serge Grimaux's Ticketpro.

Business | CIA News

AGEL has begun a project of realisation of construction of a new hospital. In Prague – Malešice, it has bought a plot intended directly for construction of the hospital facility.

Business | CIA News

Léčebné Lázně Bohdaneč is considering a reconstruction of pavilon Gočár in the upcoming years, where the estimated price reaches approximately CZK 200m. Its executive manager Jiří Rampouch said this in an interview for ČIANEWS.

Business | CIA News

CzechInvest negotiated investments for more than CZK 64bn in the Czech Republic in the year 2016. This represents a year-on-year increase by CZK 20bn. There are 16 new projects, in 84 cases they are expansions of companies, which are operating in the Czech Republic already.

Business | Radio Prague

The Czech Republic's auto producers and spare parts makers are currently lacking several thousand workers and expect to face the same problem for the rest of the decade, if not longer. To combat the problem they are advocating for a new dual education system that would help produce the workers that they require by combining classroom theory and hands-on shop floor experience.

Business | Radio Prague

CzechTrade, the government agency tasked with boosting Czech exports, has just gathered most of its around 50 top representatives from outposts all around the world together in Prague.

Business | CIA News

Raiffeisen–Leasing financed assets in the value of CZK 8.95bn in 2016. A y-o-y growth in the number of new contracts reached 98%. Financing of movables showed a share of CZK 6.31bn of the result.

Business | CIA News

APS Holding (APS) enters the Croatian market by the acquisition of a portfolio of claims in a nominal value exceeding CZK 3bn.

Business | CIA News

The volume of all exporting loans, investments by Czech legal entities, and banking guarantees insured by the Export Guarantee and Insurance Company (EGAP) in last 23 years exceeded CZK 758bn.

Finance | Reuters

The Czech Republic's ruling centre-left Social Democratic Party will propose a special tax on banks to help fund schools and infrastructure and keep profits from leaving the country as part of its manifesto for elections in October. The plan was revealed on Tuesday by Prime Minister Bohuslav Sobotka, whose Social Democratic Party trails coalition partner the ANO movement of Finance Minister Andrej Babiš by a large margin in the polls. ANO opposes a bank tax.

Business | Radio Prague

The Czech economy slowed last year despite an increase in consumer spending, Czech Radio reported on Tuesday citing new preliminary figures released by the Czech Statistical Office.

Business | CIA News

The company Central Group has acquired from Pražská správa nemovitostí an area adjacent to plots for the future construction of a subway D station.