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End of measures help Czech economy to recover and grow 16.09.2021 End of measures help Czech economy to recover and grow In 2Q 2021 czech GDP grew by 8.2% y/y and 1.0% q/q. due to the lifting of restrictive epidemiological measures.
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Czech PM Babiš: Key partners are Germany, USA, UK & France 25.08.2021 Czech PM Babiš: Key partners are Germany, USA, UK & France The Czech Republic's key partners in bilateral relations are Germany, the USA, the United Kingdom and France.
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ČEZ increased hydro power plant production in 1H 25.08.2021 ČEZ increased hydro power plant production in 1H Group ČEZ in the Czech Republic produced a total of 684 GWh of electricity in 1H 2021.
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Czech government eases event restrictions, permits online tests 18.08.2021 Czech government eases event restrictions, permits online tests the Czech government approved an increase in the number of persons at one table to six in catering outlets, effective from September 1. The government is also introducing the possibility to use online testing.
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CNB: Inflation to rise above 2% target tolerance band 17.08.2021 CNB: Inflation to rise above 2% target tolerance band Inflation will rise well above the upper boundary of the tolerance band of the 2% target in the coming quarters. This stems from a meeting of the Czech National Bank's (CNB) Bank Board.
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Avast, NortonLifeLock to merge, up to USD 8.6bn in shares 12.08.2021 Avast, NortonLifeLock to merge, up to USD 8.6bn in shares NortonLifeLock and Avast have agreed to merge. The merger appraises the total common stock between USD 8.1bn and USD 8.6bn.
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Czech beer exports up 6%; brewed amount leaves pandemic 04.08.2021 Czech beer exports up 6%; brewed amount leaves pandemic In June, the czech beer on tap segment almost reached the levels of prepandemic years. Exports grew by nearly 6%.
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IndustryMin: Gov’t to approve support for battery plant 27.07.2021 IndustryMin: Gov’t to approve support for battery plant The Czech government should sign a memorandum with ČEZ on support for the project for a factory for batteries for electric vehicles.
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Minister Havlíček: JETE completion to follow after Dukovany 27.07.2021 Minister Havlíček: JETE completion to follow after Dukovany One or two new units of the Temelín nuclear power plant (JETE), each with an output of 1,600 MW, could be completed following the completion of the new unit of the Dukovany power plant.
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CzechTrade: 97% of firms export to EU, 33% want to expand 17.06.2021 CzechTrade: 97% of firms export to EU, 33% want to expand More than 42% of czech companies see opportunities for growth in existing foreign markets in the post-pandemic era.
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