EPH sees revenue, profit fall

Kretinsky EPH Group

Billionaire Daniel Křetínský’s Energy and Industrial Holding (EPH) reported a slight drop in revenue, declining to EUR 23.3 billion (approximately CZK 585 billion) from EUR 24 billion (roughly CZK 63 million) a year earlier. According to company spokesperson Daniel Častvaj, EPH’s operating profit (EBITDA) also dipped from EUR 3.6 billion (about CZK 90 billion) in … Read more

Trump tariffs cost billionaires $208B in 1 day

On Thursday, the combined fortunes of the 500 wealthiest individuals in Bloomberg’s global ranking dropped by an estimated USD 208 billion (equivalent to CZK 4.7 trillion). This marks the fourth-largest single-day decrease in the index’s 13-year history and the most substantial dip since the peak of the COVID-19 crisis. Analysts attribute this decline to a … Read more

Why workplace culture matters: Driving success and employee satisfaction

Skyscrapers, highrise building landscape photo

Workplace culture shapes the daily experiences of employees and impacts a company’s success. It includes the shared values, beliefs, and behaviours that define an organisation’s environment. A positive culture can boost morale, increase productivity, and attract top talent. A strong workplace culture leads to better business outcomes. Companies with engaged employees and a positive atmosphere … Read more

Richest People in the Czech Republic: Wealth Rankings and Influential Figures

Understanding the landscape of wealth in the Czech Republic offers insights into the country’s economic dynamics and influentialfigures. The richest individuals in the Czech Republic play a significant role in shaping various industries, from technology to energy and beyond. Identifying the wealthiest people can highlight the opportunities and challenges within the Czech economy. Examining their … Read more

Emerging Markets: Untapped Potential for Business Expansion and Growth

Emerging markets present a significant opportunity for business expansion in the 21st century. With dynamic economies and growing middle-class populations, these regions offer vast potential for companies seeking new growth avenues. Businesses that invest in emerging markets can capitalize on untapped potential and drive substantial growth. These markets, including countries like China, India, and Brazil, … Read more

The Role of Artificial Intelligence in Transforming Industries: Advancing Business and Innovation

Artificial Intelligence (AI) is transforming the landscape of industries worldwide. By leveraging data, advanced algorithms, and machine learning models, AI enables businesses to make swift and informed decisions. AI empowers industries to accelerate results and streamline operations, significantly enhancing efficiency and productivity in sectors like healthcare, finance, and manufacturing. This technology not only automates repetitive … Read more

Navigating International Trade: Key Insights on Tariffs, Regulations, and Agreements

International trade can feel like a complex puzzle for businesses, but understanding the basics of tariffs, regulations, and trade agreements helps in navigating this intricate landscape. At the core, tariffs are taxes imposed on imported goods, affecting their final price and competitiveness in the market. Knowing how to calculate and manage these costs is crucial … Read more

The Gig Economy: Reshaping the Future of Work Trends and Impacts

The gig economy is transforming traditional employment models, opening up new opportunities for workers and businesses alike. With the rise of digital platforms connecting freelancers with clients, many people now prefer flexible work arrangements over the conventional nine-to-five grind. This shift is reshaping the future of work, offering greater autonomy and efficiency. Fueled by technological … Read more