For the first time in over six decades, Russian oil will no longer be delivered to the Czech Republic. The country has now officially completed its transition to the Western TAL oil pipeline, achievin...
The European Union and the United Arab Emirates have agreed to launch free trade talks, the EU and UAE said on Thursday April 10th 2025, amid the upheaval and uncertainties created by U.S. President D...
Confidence in the Czech economy rose again in March, up 1.7 points from February to 99.5 points. It is thus the highest in almost three years and was last higher in May 2022.
The business of arms, ammunition and military electronic systems, which has been criticised until recently and completely ignored by many banks, is gaining in importance.
Retail sales in the Czech Republic, excluding motor vehicle sales and repairs, slowed to 2.8 per cent year-on-year in January, following revised growth of 6.4 per cent in December. This was announced ...
Czech banks achieved unprecedented profits in 2024, totaling CZK 118 billion. Rising interest rates and increased income from lending significantly contributed to this record-breaking success.
The Czech market anticipates a surge in investments and acquisitions fueled by post-pandemic recovery. Key sectors such as technology and real estate are set to attract investors seeking growth and st...
The historic Kotva department store in Prague, a symbol of Czechoslovak modern architecture, is undergoing a major renovation. The project aims to modernize the building while preserving its cultural ...
December 2024 saw declining business and consumer confidence in the Czech Republic, with ongoing tax reform discussions and market fluctuations.
Jindal Group acquires Vítkovice Steel, bringing investments, stability, and plans for low-emission steel production and job creation in Ostrava.
Czechia will open a record 111 kilometers of new highways in 2024, according to Road and Motorway Directorate (ŘSD) chief Radek Mátl. Next year, approximately 80 kilometers are expected to open, poten...
The European Investment Bank (EIB) has approved €400 million in loans to two key Czech financial institutions, Komerční banka and SG Equipment Finance Czech Republic (SGEF), aimed at supporting the gr...