The fall of communism 30 years ago and the transition to a market economy had a major impact on many Czech producers and even the country’s iconic brands. Some of them failed to survive the tough competition they suddenly faced, others adopted a fresh strategy and stayed at the top. Czech Television recently presented a list of the winners, such as the companies Eta, Kofola or Botas.
Over 50 percent of Czech employees are willing to move for work. According to a new survey carried out by employment agency Randstadt, 52 percent of Czechs would consider moving even to a foreign country in view of a better career growth or a more balanced personal and work life. Nevertheless, Czechs’ readiness to work abroad is still considerably lower than in the neighbouring countries.
Prime Minister Andrej Babiš hopes that Toyota will expand its investment in the Czech Republic and start manufacturing hydrogen powered cars in its factory in Kolín, Hospodářské Noviny reported on Thursday. The car manufacturer is a world leader in alternative fuel automobile technology and is considering increasing its production in mainland Europe in case of Brexit complications.
Prague City Hall councillors have voted to terminate a memorandum of cooperation with shared e-scooter operator Lime on the grounds that the company is not adhering to the agreed-on conditions. While the termination of the memorandum will not affect the rent of scooters in Prague’s streets, it is a warning to the company that City Hall is unhappy with the present state of affairs.