One of the biggest and most successful recent Czech starts up is reported to be heading for a sale with an impressive price tag of at least 10 billion crowns. Some say the offer for flight search company Kiwi.com could climb as high as 15 billion crowns. The idea for the company came in […]
Prague, Dec 10 (CTK) – Prices of family houses have increased nearly twice faster than prices of flats in the Czech Republic in January to October, by an average 13.5 and 7.2 percent, respectively, according to data from CeMap portal. The portal compared market prices of more than 635,000 pieces of property advertised on […]
Prague, Dec 10 (CTK) – PRO.MED.CS Praha company saw its 2016 net profit rise by more than a half to Kc421.1m, while its revenue from business operations posted an annual decline of 9.6 percent to Kc2.05bn, according to data in the Register of Companies. More than 81 percent of its revenue was generated abroad. […]
Prague, Dec 10 (CTK) – The following is a selection of main economic events to take place in the Czech Republic in 2018: JANUARY 1 – Minimum wage will be raised by Kc1,200 to Kc12,200 a month. – Amendment to law on employment takes effect. State contribution to employers for wages of […]
Prague, Dec 8 (CTK) – Experts from the Czech company IQ Structures have invented a way of improving holograms and they were awarded a certificate of merit for holography innovations at a world conference in Barcelona in November, they have told CTK in a press release. Their innovation of holograms, which are commonly used […]
Prague, Dec 8 (CTK) – The unemployment rate in the Czech Republic dropped to 3.5 percent in November from 3.6 percent in October, with the number of job seekers falling to 265,469 people, the lowest figure since November 1997, the Employment Office said today. At the same time, the number of vacancies increased by […]
In the run up to the most recent parliamentary elections, one of the key battleground subjects among candidates included a deal signed with an Australian mining firm to mine lithium. But now it appears that the basis of this scandal may have been false, and planted by a businessman close to President Milos Zeman, according […]
Mlada Boleslav, Central Bohemia, Dec 4 (CTK) – Skoda Auto, the largest Czech car maker, is going to invest EUR214.5m (some Kc5.5bn) in a new paint shop in Mlada Boleslav, and the investment will create 650 new jobs, Skoda Auto said in a press release today. The total capacity of the company’s paint shops […]
Prague, Dec 3 (CTK) – The number of seniors who use computer, tablets and notebooks has been steadily rising in the Czech Republic, making up about one third of people over 65 now, compared with 17 percent five years ago, according to data released by the Czech Statistical Office (CSU). Almost 20 percent of […]