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Czech Republic lighting manufacturer Robe acquires LSC Control systems 20.03.2024 Czech Republic lighting manufacturer Robe acquires LSC Control systems The acquisition of LSC Control Systems PTY in Australia, is a move that sees the Czech lighting manufacturer Robe further consolidate its portfolio of leading lighting and control brands. New Zealand New Zealand , Australia Australia
Škoda Auto's Soaring Performance and Volkswagen's Profit Surge in 2023 20.03.2024 Škoda Auto's Soaring Performance and Volkswagen's Profit Surge in 2023 In 2023, Škoda Auto, under the Volkswagen Group, witnessed significant financial growth, with operating profit leaping by 182 percent to 1.77 billion euros and revenues surging by 26 percent to 26.5 billion euros. Production also rose by 16 percent, reaching 888,050 vehicles. The bulk of Škoda's sal... U.S.A. U.S.A.
Central Bank council meets expectations, decreases base interest rate to 5.75 per cent 20.03.2024 Central Bank council meets expectations, decreases base interest rate to 5.75 per cent The Czech National Bank's Bank Board reduced the base interest rate by half a percentage point to 5.75%, impacting mortgage and corporate loan rates. However, it's not expected to significantly affect the anticipatedkoruna's exchange rate, as market analysts anticipated. CNB Governor Ales Michl hig... Belgium Belgium
Riga: Czech companies presented their AI technology for data analysis 19.03.2024 Riga: Czech companies presented their AI technology for data analysis The theme of seminar was Revolutionizing Investigations in Law Enforcement and Defense with Biometrics and AI. Latvia Latvia
Revolutionizing Hospitality: The Rise of Mews, Czech Republic's Third Unicorn 19.03.2024 Revolutionizing Hospitality: The Rise of Mews, Czech Republic's Third Unicorn Mews, established in 2012, becomes the third Czech unicorn, revolutionizing the hotel industry through cutting-edge technology solutions. Following the success stories of Productboard and Rohlik, Mews came up with a cloud-based platform which centralizes hotel operations, streamlining processes like... U.S.A. U.S.A.
Tatra invests CZK 700 million in production technologies 19.03.2024 Tatra invests CZK 700 million in production technologies Tatra Trucks, a Kopřivnice-based automotive company, is investing CZK 700 million in production technologies to help it streamline production processes and increase production volume. United Kingdom United Kingdom
Czech government unexpectedly expands nuclear power tender to four reactors 18.03.2024 Czech government unexpectedly expands nuclear power tender to four reactors The Czech government has confirmed its decision to rely on nuclear power as the main source of energy for the future. At a press briefing in Prague the cabinet announced plans to expand the Dukovany tender to four nuclear reactors instead of one. Egypt Egypt
18.03.2024 Industrial Stagnation: The Unexpected Slowdown of Czech Manufacturing The industrial sector in the Czech Republic experienced an unexpected stagnation in the first month of the year, with production levels remaining at the same level as in January 2023. According to the Czech Statistical Office (ČSÚ), the monthly production in the industry was even lower by 2.3 percen... China China
18.03.2024 Prague rises to fourth-richest region in EU, Eurostat finds Prague's GDP per capita now surpasses that of major European capitals like Warsaw and Paris, reflecting its strong economic performance and growth over the past decade. Morocco Morocco
14.03.2024 Czech Mendel University tests symbiosis of solar panels and vineyard Solar panels in fields could help to the crops and electricity production. Indonesia Indonesia

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