Prague, May 3 (CTK) – The Czech National Bank (CNB) improved its gross domestic product (GDP) growth estimate to 3.9 percent for this year and 3.4 percent for the next in its latest forecast, CNB governor Jiri Rusnok said at a press conference after the CNB Bank Board meeting today. In its previous forecast […]
Prague, May 2 (CTK) – The extension of the EU’s temporary exemption from US tariffs on aluminium and steel imports by one month is a disappointment for Czech steelmakers, Confederation of Industry spokeswoman Eva Velickova told CTK today. Any customs measures imposed by the USA on the EU make no sense and can only […]
Prague/Brno, May 2 (CTK) – The Association of Czech Taxi Drivers has called a protest rally against a memorandum signed by the government and Uber representatives on Monday, with the protest to be held in Cestlice near Prague on Friday morning, the association said on Facebook. The association is criticising the fact that Uber […]
Ostrava, North Moravia, May 2 (CTK) – Vitkovice Machinery Group (VMG) engineering company of entrepreneur Jan Svetlik sold another two subsidiaries – Vitkovice Doprava and Vitkovice HTB, Vitkovice spokeswoman Eva Kijonkova told CTK today. The companies have not published price of the transactions. Vitkovice Doprava operating rail freight transport was acquired by Tatra Aviation, a […]
Prague, May 1 (CTK) – The vacancy rate for office space in Prague decreased annually by 3.2 percentage points to 6.2 percent at the end of Q1, going down by more than a half over the past two years, Prague Research Forum (PRF) data have shown. Prague 3 registered the highest rate of 11.1 […]
Prague, May 1 (CTK) – The Bank Board of the Czech National Bank (CNB) will leave interest rates unchanged at its Thursday meeting because of inflation development, analysts approached by CTK have said. Inflation was below the central bank’s estimates in recent months. That is why interest rates will go up in the second […]
Bratislava/Zilina, Central Slovakia, May 1 (CTK) – The working hours should be shortened without any loss in salaries, Josef Stredula, chairman of the Czech CMKOS trade union umbrella, said at the joint Czech-Slovak May Day celebrations today. The trade unions in the Czech Republic want to exert pressure on ending cheap labour because the […]
Hnevotin, North Moravia, April 30 (CTK) – Wanzl, a company making shopping trolleys and equipment for logistic and Internet companies, raised its sales annually by a third to record-breaking Kc981m in 2017 thanks to expansion of its production facilities, according to the company’s annual report. Wanzl’s profit dropped from Kc57.4m in 2016 to less […]
London/Prague, April 30 (CTK) – Prague-based energy group Energo-Pro issued bonds worth EUR250m (some Kc6.4bn) in London today, and the company will use the income to refinance its loans, Energo-Pro said in a press release. The eurobonds with a fixed rate of 4.5 percent per annum mature in six years. A large number […]