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A Czech company has sold the first apartment in the Czech Republic using bitcoin currency, the daily Hospodářské noviny reported on Thursday. The apartment in Prague’s Strašnice district was bought by a Russian citizen last month for 35 bitcoins, which was more than five million crowns at the time.

The Christmas shopping spree in the Czech Republic hit its peak on Monday, December 11, with Czechs spending more than one billion crowns in e-shops in a single day, the Association for Electronic Commerce said on Wednesday. According to the price comparison website Heureka.cz, online stores recorded nearly two-and-a-half million orders.

Prime Minister Andrej Babiš has unveiled plans for a new government quarter to be created on the outskirts of Prague which would bring together over eleven thousand public service employees and allow the sell-off of lucrative real estate in the centre of the city.

According to the statistics office Eurostat, the Czech Republic is the biggest exporter of toys to non-EU states from the entire EU. In its report, Eurostat confirmed that Czech production last year accounted for 32 percent of the EU’s overall toy exports outside the EU, worth a total of 1.5 billion euros in all.

The Bulgarian antitrust authority has allowed local transport company SIGDA to buy the Bulgarian black coal power plant in Varna from the Czech power company ČEZ.

The carmaker Škoda Auto is continuing to set sales records and in order to meet high demand is planning to import some vehicles from Russia, Hospodářské noviny reported. However, most of its automobiles will still be produced in the Czech Republic, the business daily said.

India with its population of around 1.4 billion and growth rate for 2016 of just over 7.0 percent is clearly an appetising market for anyone. But it’s sheer size, reputation for bureaucratic obstacles, and the time and expense of opening markets also makes it a daunting challenge for most exporters.

Czech law students from Prague’s Charles University excelled in this year’s FDI Moot contest beating their American counterparts from Harvard and Russia’s prestigious Lomonosov University. The Czechs say improvisation helped them win.

The proposed incoming minister of energy and trade has outlined his priorities. These include energy, ‘smart’ households, dealing with the country’s industrial waste legacy, fast internet and telecom charges.

Prague’s sole European agency, an offshoot of the Galileo navigation system, has brought 1 billion crowns worth of benefits to the Czech capital during its short stay. But major questions are still circling the economic viability of the whole project.