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

Foreign Trade Deficit Reaches Kc4.8 Billion

Prague, Sept 6 (CTK) – Czech foreign trade ended in a Kc4.8bn deficit in July, Kc2.9bn higher year on year, and trade in oil and natural gas had a negative impact on the result, the Czech Statistical Office (CSU) said in its preliminary results today.   The influence of trade in computers and electronics was ...

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

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

intermodal containers

Trade With USA Forecast To Drop Kc2 Billion Due To Steel Tariffs

Prague, June 1 (CTK) – The impact of US customs duties on steel and aluminium on Czech trade will be worth almost Kc2bn, that is 2.4 percent of total Czech exports to the USA, Raiffeisenbank analyst Jakub Cervenka told CTK today.   The impact will be marginal for the Czech economy, Radim Dohnal, an analyst ...

ČTK

Donald Trump SIgns into Law 25% duties on steel imports surrounded by domestic steel workers

Steel Industry Downplays Effect Of USA Tariff Hike

Ostrava, North Moravia, June 1 (CTK) – Domestic steel makers will feel the impact of the US customs duties on steel and aluminium in several months, most likely only next year because US buyers will first have to find a replacement for the supplies from Europe, according to stances of steel makers for CTK. “In ...