Business | All stories

Czech households spend the biggest share of their income on living expenses, according to the results of a study by the Czech Statistics Office comparing household spending in the years 1995 to 2015.

Following the transfer of around 1,500 train stations around the Czech Republic to a new owner later this month, the focus won’t just be on the state of the buildings themselves: Contracts with newsagents, bakeries and other outlets are also set to come up for review.

The marriage of Czech and Polish tour operators Čedok and Itaka looks like creating a formidable negotiating force on the regional market faced with airline operators and hotel companies.

British based retailer Marks & Spencer announced this week that it will open food-only outlets in the Czech Republic.

The battle over the future of hard coal mining company OKD has just got a lot more complicated and bitter.

Falling electricity prices and more outages from nuclear plants was the rather sombre takeaway from Czech electricity producer ČEZ’s half year results on Tuesday.

Solar power proved a major and expensive turnoff for the Czech state and many Czechs after a misguided and rigid set of incentives were introduced almost a decade ago that have since cost the country billions of crowns in support payments. But a solar revival now looks like it is picking up pace based on households and not on so-called solar barons.

For quite a long time now the question has been posed when will the Czech consumer boom show signs that it is losing its legs. No time soon appears to be the reply from the latest set of retail sales figures out from June.

The Ministry of Agriculture wants Czech farmers to put something by for a dry day instead of just relying on the state to compensate them whenever there is a drought. Though the government would initially be the biggest contributor to the drought fund, farmers have had a mixed reaction to the scheme, Hospodářské noviny reported on Thursday.

Enjoyment of the Czech speciality Olomoucké tvarůźky (also known as syrečky) – the pungent soft yellow cheese made in Olomouc is probably best described as an acquired taste. Children would describe the odour as akin to old socks forgotten in the laundry basket, although many adults enjoy a number of specialities made from the product. Even so, who would have bet that an ice cream made from the cheese would be a hit?