Articles for tag: Czech Industry and Trade Ministry, CzechTrade

ČTK

intermodal containers

Exports Lag Due To Labour Shortage

Prague, Sept 6 (CTK) – The lack of workforce is the main obstacle to Czech exports, moreover, exports were influenced by company holidays in the automotive industry in July, analysts addressed by CTK said today.   Czech economy moves on the verge of its capacity so raising output is hard for export companies, they added. ...

ČTK

Interest In Trade With Thailand Increasing: Ambassador Libricky

Prague, Aug 30 (CTK) – Czech companies’ interest in trading with Thailand has increased, and so did investments in the country, even though the situation is complicated by the European Union halting negotiations about a free trade agreement following a 2014 coup by the Thai military, Czech ambassador to Thailand Marek Libricky told CTK.   ...

ČTK

Exports To European Union Growing

Prague, Aug 15 (CTK) – The share of Czech exports heading to the European Union has been increasing and it added annually 0.5 percentage points to 84.2 percent in the first half of this year, according to data of the Czech Statistical Office (CSU).   The portion of exports going to the EU was at ...

ČTK

intermodal containers

Falling Turkish Lira Problem For Czech Business

Prague, Aug 14 (CTK) – The falling Turkish lira causes problems for Czech companies active in the country, concerning mainly those that are paid in liras, CTK learned today.   Since the beginning of this year, the Turkish lira has lost 42 percent to the Czech crown.   CEZ energy group’s subsidiaries operating in Turkey, ...

ČTK

Growing Protectionism Poses Dire Risk To Global Economy

Prague, Aug 9 (CTK) – Growing protectionism in trade relations between the world’s greatest economies is the main risk for the global economy, German and Czech central banks’ heads, Jens Weidmann and Jiri Rusnok, respectively, have agreed.   The Czech National Bank (CNB) provided the information to CTK after Weidmann’s visit to the central bank. ...

ČTK

Skoda

Exports Fall On Labour Shortages, Market Saturation

Prague, Aug 7 (CTK) – Czech exports have been pulled down by a shortage of labour and the fact that the European car market has reached saturation point, analysts polled by CTK have said.   Exporters are no longer able to get new orders as they lack workers to raise their production and new employees ...

ČTK

Czech Arms Exports

Arms Exports Down Kc3.5 Billion

Prague, July 10 (CTK) – Czech exports of arms and military equipment fell by Kc3.5bn yr/yr to Kc15.1bn in 2017 and arms producers were granted 1,159 export licences worth Kc21.1bn, the Industry and Trade Ministry said in a report on the export of military equipment.   There is a big difference between the number of ...

ČTK

czech Trade

Foreign Trade Surplus Plummets In May: CSU

Prague, July 9 (CTK) – Czech foreign trade surplus fell annually by Kc8.2bn to Kc6.9bn in May, being hurt by trade in cars, coke, other transport equipment and chemicals, according to preliminary data the Czech Statistical Office (CSU) published today.   On the other hand, trade in computers, electronic and optical products helped the trade ...

ČTK

josef stredula

Government To Negotiate Pay With Trade Unions

Prague, June 13 (CTK) – The Czech government plans to negotiate with trade unions about the pay rise in the public sector on June 19, PM Andrej Babis (ANO) told journalists after a meeting of the Tripartite Council or representatives of the government, trade unions and employers today.   The unions welcomed this step.   ...