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In Business News this week: finance ministry to commission multi-billion crown deal on electronic sales register without open competition, number of companies on taxpayers blacklist growing, CEZ eyes Slovakia’s leading power company and Czech Airlines spreading its wings to new destinations.

In this week’s Business News: Three fifths of Czech bosses upbeat and ready to hire; regulator accuses companies of gas supply cartel; banks take different directions with latest profits; Tatra pushes hard on expansion pedal; and Czech perfume seller takes plunge in US market.

In Business: Czech financial institutions revise down their economic growth forecasts for this year, the government favours nuclear and coal power in its long-term energy plan, the forex interventions launched by the Czech National Bank last year have attracted more foreign visitors to the Czech Republic and the largest Czech hotel – Hilton Prague - has been put up for sale.

In Business News this week: Czech ministry says planed EU-US trade deal should help Czech economy; Czech Republic moves up in Ease of Doing Business survey; Czech firm to help build artificial islands in Caspian Sea; beer producer Plzeňský Prazdroj announces layoffs; and one third of Czech travel agencies do not respect obligations to clients.

Czechs planning on an exotic vacation in the sun and by the sea this winter are in for an unpleasant surprise. Compared to last year, prices of package vacations are up, between seven and 10 percent. According to Czech Radio, the weakened crown, the cancelation of charter flights to Thailand, and even fears over Ebola, have all played a role.

In Business News: Czech Airlines gets a firm commitment for financial support from Korean Air and pushes ahead with restructuring plan, the ruling parties agree on the introduction of kurzarbeit to cushion the impact of the EU-Russia sanctions and give their approval to a finance ministry proposal to level a punitive tax on undeclared property, and, the average interest rate on mortgage loans drops to its lowest level since 2003.

In Business News this week: Czech farmers expect bumper harvest this year; Škoda seeks to boost sales of Fabia on local market; number of Russian tourists drops by 15 percent this year; Less Mess Storage acquires three storage facilities in Czech Republic; and local distilleries expect good season this year.

In Business News this week: Unemployment falls in September; investments in environment protection go up by 5 percent; more than 60,000 Czechs bet in Eurojackpot; car sales jump by 18 percent; and Czech online retailers register record sales in 2014.

In Business News: The National bank board at its regular meeting indicated all signs point to further improvement of the Czech economy; Trade Inspection Authority hands second-hand car giant AAA daughter company Mototechna Group 2.5 million crown fine; *New generation of Superbs to be unveiled in Geneva next March; Chelsea goalie buys sports marketing firm, according to daily.

In Business News this week: Škoda set to limit investment in India, Czech foodstuffs the sixth cheapest in the EU; Petr Kellner remains the richest Czech, biogas energy production exceeds solar plant production; Czech exports expected to reach record 3.6 billion crowns: