Sourcing supplies and manufacturing has got a lot more complicated and fragmented with globalization. In many cases, countries are just partial providers or stops for goods or services before they end up with the final consumer. But appreciation of the more complex creation of wealth and trade flows is only beginning to be pieced together by international and national policy makers.
The Czech government is expected to approve a Transport Ministry amendment aimed at getting infrastructure projects – currently stalled – back on track. The completion of both highways and railway routes depends on winning over disaffected landowners by offering better prices for arable land than they had until now.
The government of Bohuslav Sobotka has made a brisk start in business and economic areas, though some of the more difficult decisions have been postponed. A clean divide has been made with the previous centre-right government. While some personal prickliness is evident, major rifts have been controlled.
Data published by the Czech Statistics Office indicate that the choice of food imports to the Czech Republic is still directed mainly by price, with retail chains favouring competitive German, Polish and Slovak producers. Higher quality but less affordable Czech products are often left lying on the shelves.
Hungarian refinery giant MOL is about to seal a deal with AGIP to buy the Italian’s firm 124 petrol stations in the Czech Republic, the Czech daily Hospodářské Noviny reported. If the deal goes through, MOL will become the second biggest player on the Czech market. It could also spark further consolidation.