Business News | All stories

Business News this Friday: Finance Ministry shuffles explosives firm over to Ministry of Industry & Trade; low-cost carrier Ryanair returns to Czech skies; Russian group sells Vítkovice Steel; most Czechs would rather hang onto the crown than adopt the euro.

In this week’s Business News: shake-up at the top of ČEZ; refinery problems in pipeline; spirited performance from drinks giant; transport tenders on the move; and child’s play competition on the rails.

In Business News: Czech Post receives record fine; Guides Association calls for return of tough exams; new tourist ads to air; Czechs continue to grab lunch away from the office.

In this week’s Business News: Czech and Slovak companies sign defense sector venture; a new state company may be created to take charge of the expansion of Temelín; Prague’s transit company, Dopravní podnik, reaches deal with the engineering company Škoda Transportation; a Czech e-commerce businessman is seeking to break onto the booming US market.

In Business News this week: Škoda Auto says it is on track to produce 1.5 million cars annually by 2018; roughly four out of 10 Czechs say they would move for work; Prague hotels are expecting occupancy rates to jump; millions of extra 500 crown notes are being printed by the central bank.

Ernst & Young expects economy to grow by 2.2 percent in 2013; Czech Post gives up cigarettes; a Czech video game developer gets 36 million in backing through crowd funding; Czech Lego plant sees rise in profits; and a court rules that a 16-year-old will be allowed to go into business for himself – two years before the legal age.

In Business News this week: CzechInvest claims annual doubling of mediated investments; developers see recovery in Prague new property market; economic crime, mostly committed by staff, on the rise; more foreign filmmakers seek Czech support; record player maker plans marked increase in production; bitcoin ATM launched in Prague.

In this week’s Business News: economy enjoys late spurt; depressed construction sector managers falsify figures; low rates hit big banks; iconic porcelain producer hikes profits; and closely observed train drivers.

In Business News this week: church selects fund manager; ČEZ seeks massive tax refund; more tourists but shorter tourists stays; more readers chase fewer papers; and distillers mount spirited resistance to surveillance demands

In this week’s Business News: coal mining contemplated beyond limits; more passengers for state rail operator; electricity exports slide; foreign beer rise for Plzeňský Prazdroj; and Czech clothing company lines up Dutch army order.