Business

Czech Postal Service Ceska Posta worker transporting mail
Czech Post To Lay Off 1,500 Employees

The Czech Post plans to eliminate 2,371 jobs by 1 March next year, which means the dismissal of about 1,500 employees, as some of the positions are vacant. The state-owned company employs almost 29,000 people. The Minister of the Interior, Jan Hamáček, stated on Twitter that he wants an explanation of the plan. On Thursday, […]

Czech Tech Companies Dominate Deloitte Fast 50

Czech companies dominate the ranking of the 50 fastest growing technology companies in Central Europe. A record 21 Czech technology companies made the Deloitte Technology Fast 50 Central Europe 2020 list. The logistics startup DoDo came in second place, real estate rentals app UlovDomov.cz came in third, and FAVI furniture search engine is fourth. The […]

Czech Auto Production Falls 21%

Production of passenger cars in the Czech Republic fell by 21.4 percent to 937,033 vehicles in ten months. It is almost three percentage points lower than in three quarters. In October, despite the advent of the second wave of the coronavirus pandemic, production was higher for the first time since February, rising 2.8 percent year-on-year […]