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State-owned forestry company Lesy ČR is facing a serious bark-beetle infestation which has affected this year’s production of timber, the daily Hospodářské noviny reported on Friday. The company announced this week that up to 70 percent of the all its timber production is so-called calamity timber. The damage to forests is also reflected in the price of unprocessed timber, which is at its lowest level for the past few years.

Czech unemployment figures continued with the downward trend in August with a drop to 5.3 percent from July’s 5.4 percent.

The US software company Microsoft has announced plans to open a new software development centre in Prague focused on customer relationship management. The company announced the news on its website on Tuesday.

When citizens or companies shun the domestic currency it’s often taken as a bad and worrying sign that local trust in it has crumbled altogether.

That more and more Czech consumers have gotten used to ordering items over the internet is not surprising but what has changed is that other factors than price are now playing a key role. A new poll conducted by the Association for e-commerce outlined some of the criteria consumers now expect to be met when they buy online.

Czech car maker Škoda Auto has finally unveiled the long-awaited SUV, Škoda Kodiaq. The company’s first full-sized SUV was officially shown off to auto experts and the public at the prestigious Berlin auto show.

Farmers are not so much crying over spilt milk as weeping about the current production coming from their cows and the prices they are getting for it.

Up to 5,600 people could be employed in the Czech wind energy sector by the year 2050, according to a study by the Seven consultancy. According to the daily e15.cz, which published the results of the study, that prediction could be fulfilled if the state starts supporting wind energy and would offer support to the tune of one billion crowns in subsidies each year.

Prague was one of the enthusiastic backers of what was once describes as the most ambitious trade deal ever – TTIP or the Transatlantic Trade and Investment Partnership. Not a vociferous backer certainly, but always there when needed.

Electronic cash registers are a flagship policy of ANO leader and finance minister Andrej Babiš and he and his ministry are now in the throes of trying to ensure that the introduction of the controversial appliances to clampdown on tax dodgers goes smoothly.