Business | All stories

The Czech crown has now reached its strongest level to the euro since before the central bank launched an intervention policy in 2013.

The Czech state business promotion agency CzechTrade and the Association of Small and Mid-Sized Businesses and Self Employed have teamed up to create a incubator to help Czech firms get a foothold in the massive Indian market.

The Spolana chemical plant in Neratovice in Central Bohemia, tops the rankings of the biggest Czech polluters in 2016, presented by environmental association Arnika on Wednesday. Other large polluters include the power plants operated by the state dominated ČEZ utility.

Iran is one of the world markets that everyone wanted recently to get a share of with the prospect of sanctions ending, oil and gas exports starting in a significant way, and imports rolling in as the country starts to modernise.

GPs, outpatient specialists and dentists around the country held a symbolic nationwide protest on Tuesday against inadequate financing and excessive bureaucracy that is driving many of them out of business. They warned that the symbolic protest would be followed by a one day strike if the government fails to pay heed.

A seemingly innocuous memorandum with an Australian mining company about exploitation and processing of some of the Czech Republic’s biggest lithium reserves is now in the spotlight on the eve of parliamentary elections. Some parties are calling for a special session of parliament to be called so that accusations can be aired.

The scandal surrounding the Czech company Liglass Trading, which this year landed a lucrative contract in Kyrgyzstan on the construction and operation of two hydro-electric plants, has taken a new twist. Initial allegations of incompetence are now dogged by suspicion of corruption.

Free movement of people is one of the basic ideals of the European Union and a principle frequently voiced and defended by the Czech political elite.

The shared economy has spread fairly fast in the Czech Republic and especially in the capital Prague, as testified by the success of both the Airbnb and Uber applications.

The Czech Ministry of Industry and Australia's European Metals Holdings have signed a memorandum of understanding on a deal that would give the Australian company the right to mine lithium in Europe’s biggest known deposit in the north-western part of the Czech Republic. The main condition of the agreement is that the lithium mined should be processed in the Czech Republic.