The Czech Railways Group (ČD) reported a pre-tax profit of 444 million crowns in the first half of this year, last year it was 694 million for the same period. Passenger transport achieved a year-on-year revenue growth of 1.7 billion crowns and its pre-tax profit is 1.1 billion crowns, which is almost 800 million crowns ...
Energy and Industrial Holding (EPH) of entrepreneur Daniel Křetínský recorded a net profit of 2.2 billion euros in the first half of this year. It improved from last year’s 602 million euros (over 14.63 billion CZK). A new acquisition of Slovenská elektrárne has already been reflected in this year’s economic results. EPH spokesman Daniel Častvaj ...
For generations, Czech holiday traditions were as predictable as clockwork. Pack the car, head south, and join the annual pilgrimage to Croatia’s sun-soaked Adriatic coastline—a ritual so entrenched that locals dubbed it their “Czech Riviera.” But something remarkable is happening to this century-old travel pattern. Czech holidaymakers are pivoting north, swapping Mediterranean warmth for Baltic ...
Sales of Czech car manufacturers and parts suppliers rose by 17.7 percent to 1.478 trillion crowns last year. Exports increased by 23 percent to 1.266 trillion. This was announced by representatives of the Association of the Automotive Industry. Sales of final producers increased by 23.4 percent to 908 billion crowns. Parts suppliers earned 543 billion, ...
Company culture encompasses the shared values, goals, and behaviors that contribute to the unique social and psychological environment of an organization. It is the underlying fabric that shapes the interactions of employees, dictates management styles, and influences decision-making. Essentially, it is the organizational identity manifested through the everyday experiences of its members. Developing a strong company culture requires both strategic ...
Hiring for culture fit has become a prominent consideration for many organizations seeking to sustain a cohesive and productive work environment. The concept of culture fit refers to the degree to which a candidate’s personal values, behaviors, and work ethos align with the prevailing culture of the organization. Proponents argue that individuals who resonate with ...
Bratislava is in talks to send its MiG-29 aircraft to Ukraine. The Czech Air Force will patrol the Baltic airspace until the end of September, Defense Minister Ernochová said this week, extending the deployment by two months. According to Ms. Ernochová, the decision was taken in response to a formal request from Lithuania and does ...
After the lower house of parliament passed a bill changing the Civil Code to enable same-sex couples to marry in the Czech Republic, President Milo Zeman stated he would veto it. People of the same sex may soon be able to marry in the Czech Republic, according to a bill passed by the lower house ...
The lower house of the Czech Parliament has approved the bill on the so-called “economical tariff.” This is a program to assist homeowners with paying their electricity and gas bills for the next heating season. All of the MPs who were present voted in favor. The program envisions the state compensating all residential consumers for ...
William Malcolm
Evgeny Strzhalkovsky
