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In Business News this week: Russia sanctions to cost Czech exporters 19 billion; employers block higher minimum salary; average monthly salary growth slows down in Q2; Czech Railways post profit in H1, and Czech shoe exports reach record numbers in 2013.

Business News: the Czech government debates measures to cushion the impact of the EU-Russian sanctions, Prague hosts a two-day Chinese Investment Forum, Škoda Auto aims to increase its sales in China and Czech farmers expect a record grain harvest.

In Business News this week: Mining group NWR comes up with better than expected results but crunch meeting over restructuring still looms; tax offices are getting tough over dubious breaks for research and innovation; |Slovak government jumps in over Slovenské Elektrárne sale; Swiss developer plots arbitration over Prague land purchase; and Czech Railway showcase service could hit rails.

In Business News this week: Agriculture Ministry to help producers affected by Russian sanctions; Czech unemployment remains unchanged despite 11,000 new jobs; Czech crown falls to five-year low against euro; central bank to curb capital outflow from foreign banks’ Czech subsidiaries; and beer productions rises slightly between January and June.

In this week’s Business News: package for South Korean Mobis cleared; company creation heading back to pre-crisis rates; gas pipeline company under spotlight for financial juggling; telecom companies face big bill for high speed service roll-out; and curbs sought on supermarket chains.

In Business News Friday: Czech billionaire Bakala to give up his 50 percent stake in BXR; car sales are up, despite rising prices; Czechs bet more than 120 billion crowns in 2013; iDNES remembers a 1990s Monopoly clone that ‘taught’ Czechs how to invest.

In Business News this week: post office seeks new money spinner; Hungary’s MOL looks to pump up petrol station sales; ČEZ battle shifts to supervisory board power; flat sales climb, but prices also; study launched into Central European canal link.

In this week’s Business News: Polish oil company tightens grip on Czech oil sector; Home Credit targets take off in China while suffers Russian setback; minority shareholders shun PPF O2 offer; rival brewer face off in Czech city; and iconic cosmetic companies goes Greek.

In this week’s Business News: later exist from weak crown probable; first major Malaysian investment announced; tax freedom day arrives; Ahold told to curb some of its supermarket purchases; and cider looks like becoming a Summer hit.

In this week’s Business News: minister seeks duty cut on beer; Iraq seen widening military shopping list in Czech Republic; solar power case causes bank concerns; PPF pulls plug on power company cooperation; and Czech Post considers banking metamorphosis.