Plzen, West Bohemia/Prague, Nov 26 (CTK) – PPF, the investment group of the richest Czech Petr Kellner, signed a contract for the purchase of 100 percent at engineering group Skoda Transportation, the groups’ spokespersons told CTK at the weekend. The following are brief profiles of the two groups: Skoda Transportation: – It […]
Solnice, East Bohemia, Nov 25 (CTK) – The Czech foreigner police detained 36 foreign workers without due documents in the Solnice-Kvasiny industrial zone in the past two months and they will be expelled from the country soon, regional police directorate chief na Jan Cizkovsky has told CTK. In the past few days, 16 foreign […]
Prague, Nov 23 (CTK) – Czech pharmaceutical company PRO.MED.CS Praha signed a contract with Russian partner ZiO Zdorovie on moving of part of its production to Russia, Jiri Musialek, PRO.MED.CS’s head for the Russian market, said in an interview with CTK today. The contract was signed at a Czech-Russian business forum in Moscow on […]
Prague, Nov 20 (CTK) – The Czech Finance Ministry improved its economic growth estimate in the latest forecast to 4.1 percent for this year and to 3.3 percent for next year, which was caused by the good condition of the Czech economy and the development abroad, the ministry said in a press release today. […]
Czech E-commerce businesses could reach revenues of over CZK 100 billion for the first time this year, Czech TV reports. In 2012 Czech consumers spent approximately CZK 51 billion on internet purchases, in 2016 the figure was CZK 98 billion. This year estimates suggest it could climb to CZK 115 billion. Czech online retailers […]
(CTK) – Representatives of Czech companies who will accompany President Milos Zeman on his forthcoming trip to Russia are expected to sign contracts worth billions of crowns, Chamber of Commerce president Vladimir Dlouhy said today. Contracts are to be signed by nine companies, including Brisk and Pragoimex, Confederation of Industry spokeswoman Eva Velickova told […]
According to some, the head of state’s visit will open the door to important new opportunities, despite the fact that sanctions remain in place over Russia’s intervention in eastern Ukraine and the annexation of Crimea. Will the trip truly provide new opportunities for Czech firms? That was a question Czech Radio put to […]
Prague, Nov 16 (CTK) – Taxation of the financial compensation for Czech churches within their property restitution should be seriously discussed and it should be found out whether it is possible or not, President Milos Zeman said in a regular interview broadcast by the TV Barrandov commercial channel tonight. ANO leader Andrej Babis recently […]
Two thirds of Czechs claim that they do not understand taxes but over a half of Czechs are of the opinion that high-income groups of the population should pay a higher percentage in taxes, according to a survey conducted by the CVVM public opinion research centre. The survey shows that most Czechs support progressive […]