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In Business News this week: average monthly salary reached 26,278 crowns in second quarter of 2015; EC approves government’s plan to extend support for biofuel; cyber-security firm CyberGym to build commercial Training Arena in Czech Republic; Česká spořitelna to launch pre-paid debit card for children; Czech firm opens household utensils manufacturing plant in Vietnam.

In Business News this week: government to spend seven billion crowns on boosting Czechs’ digital literacy; Fortuna’s net profit drops by 47 percent; Czech fruit and vegetable growers lose 480 million crowns due to Russian sanctions; Prague hotels enjoy record season; honey production confounds expectations.

In Business News this week: Many companies are not happy with the new minimum monthly wage rate; Regional Development minister says Czech Republic could fail to draw 50 billion crowns in EU funds; Škoda Auto rated most dependable car maker in British report; up to 1,500 small and mid-level Czech businesses can benefit from Juncker package; construction companies say there are not enough skilled labourers on Czech market.

In Business News This Week: Czech economy grew by 4.4 percent in the second quarter of 2015; number of payment cards issued in country reaches 11.135 million; grain harvest down by 4.3 percent year-on-year; Czechs prefer Google Chrome over Internet Explorer; sale of illegal cigarettes in Czech Republic among lowest in EU.

In Business News this week: central bank see faster growth but lowers inflation expectations; Hamleys to open flagship store in Prague; German owners seen selling up chain of regional dailies; Caterpillar mining unit to closes; and Czech unmanned aircraft company targets 2016 production.

In Business News this week: 2015 growth seen reaching almost 4.0 percent; takeover bid reported for Unipetrol; massive bill presented to Vítkovice boss; Karlovy Vary mineral water giant snaps up domestic rival; and state emergency reserve considers live animals over dead meat.

After nine years of United Nations sanctions, Iranian celebrations at the news of a negotiated deal over the country’s nuclear development which might bring them to an end were hardly surprising.

In Business News: South Korea’s Nexen Tire receives EC approval for regional investment aid; Transport minister confirms prices of highway vignettes to stay the same; gamblers last year bet more than 138 billion; Czechs spending more on weddings.

In Business News: Czech Airlines posts first profit in several years; General director of AcelorMittal meets with PM; higher excise taxes on liquor and tobacco fails to meet expectations; Becherovka produces its first kosher liquor.

In Business News this week: Czech E-commerce sales rise by 20 percent in second quarter of 2015; Hainan Airlines to launch services from Beijing to Prague; storms result in over 100,000 cubic metres of timber; most Czech 12-year-olds own mobile phone; Czechs have up to 400,000 private pools.