Friday, 20 October 2017
Business | Radio Prague

A group of people united in a project called Sdílené domy or Shared Houses decided to buy a house in Prague, and administer it themselves: not as a traditional tenants' association, but as a community.

Finance | ČTK

The Christian Democrats (KDU-CSL) want to introduce a special fund for the payment of Czech pensions to which mining fees and profits of state-controlled firms would go, KDU-CSL deputy chairman Jan Bartosek told a press conference on Tuesday, three days before the general election.

Business | CIA News

Medical group EUC has acquired the MEPHACENTRUM policlinic in Ostrava-Poruba. EUC has thus expanded its outpatient clinic network to another regional city.

Business | CIA News

Developer JRD expects to raise sales in the full year of 2017 to more than CZK 500m and break the CZK 1bn limit in 2018, with growth foreseen also for subsequent years.

Business | CIA News

Minister of Transport Dan Ťok (ANO) opened officially on October 17, 2017, the Třinec bypass road. The 11km Nebory – Oldřichovice – Bystřice section is part of the I/11 road.

Business | ČTK

The family foundation of the richest Czech, Petr Kellner, and his wife has protested against another billionaire, government ANO head Andrej Babis, telling the Forbes magazine that Kellner runs an elite school to use its best students in his own businesses, which Babis considers no charity.

Business | Real Estate | Yahoo News/AP

The Czech Republic's capital has the hottest residential property market in Europe, and it's becoming a problem. A 22 percent spike in prices over the past year is freezing out many locals from buying a home and the risk of a boom and bust in the market has forced the Czech Central Bank to step in to try to cool off demand. While many countries in Europe have seen strong gains in real estate values recently, the Czech capital stands out.

Business | ČTK

The Chamber of Deputies asked the cabinet on Monday to annul the memorandum on lithium that Industry Minister Karel Havlíček signed with the Australian mining firm European Metal Holdings (EMH) shortly before the October 20-21 general election.

Business | Radio Prague

Wages and jobs have been pushed as one of the main themes of Czech parliamentary elections. And a proposal from the finance ministry to open the door to around 200,000 foreign workers has sparked fresh clashes over the subject.

Business | Prague TV

Beers sales in pubs and restaurants are in a slump. Due to the new anti-smoking law and other regulations, pubs and restaurants are expected to sell 4.2 percent less beer than last year. This may be the biggest drop in the last 14 years.

Business | Jobspin.cz

This Saturday, October 21, at JobSpin.cz Multilingual Job Fair Prague powered by Prague TV, you will have the opportunity to meet representatives from 20 world-known companies that want to fill their job vacancies with multilingual people from all over the world.

Business | Radio Prague

Construction began on Monday at an industrial zone in Horní Suchá, near Havířov in the region of Moravia-Silesia on what investors are promising will be the world's most modern battery factory.

Business | CIA News

Oy, a subsidiary of ŠKODA TRANSPORTATION, will supply up to 65 new modern vehicles for Tampere in Finland. The vehicles will be deployed on a newly constructed track that will be finished in 2021.

Business | CIA News

Arca Capital group has acquired a stake in European Metal Holdings (EMH), which plans to mine lithium in Cínovec location through subsidiary Geomet.

Business | CIA News

Export prices in the Czech Republic dropped 1.2% y/y in August 2017, while import prices decreased by 1.1%. Terms of trade totalled 99.9%. Export prices decreased primarily due to the koruna’s appreciation on the euro and US dollar.