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New brands heading to Czech market despite Covid-19 pandemic 22.02.2021 New brands heading to Czech market despite Covid-19 pandemic According to a new survey carried out by the company Cushman & Wakefield, some 25 new foreign brands entered the Czech Republic’s market in 2020, despite the Covid-19 pandemic. This is one more than in the previous year.
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Takeaway lunches helping keep restaurants in Czechia afloat 22.02.2021 Takeaway lunches helping keep restaurants in Czechia afloat According to the website Novinky.cz, the sums Czechs spent on lunches at dispensing windows in 2020 significantly increased on the previous year.
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ING Will Terminate Personal Banking Services in the Czech Republic After 20 Years 22.02.2021 ING Will Terminate Personal Banking Services in the Czech Republic After 20 Years Due to Unfavorable Economic Situation, ING has decided to terminate personal banking services in the Czech Republic after more than 20 years of providing services like savings accounts and mutual funds.
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The Chamber of Deputies Has Approved a New Budget Deficit of Half a Trillion 22.02.2021 The Chamber of Deputies Has Approved a New Budget Deficit of Half a Trillion Because of the support of the opposition Communist Party of the Czech Republic (KSČM), the state budget deficit in the year 2021 in the amount of 500 billion Czech crowns, was approved by the Czech Parliament.
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Alcohol sales in Czech Republic down 38 percent due to closures 27.01.2021 Alcohol sales in Czech Republic down 38 percent due to closures HORECA segment in the Czechc Republic is in a very bad condition as well sals of alcohol drinks. Due to large restrictvive measures and close-down of restaurants for almost half a year, the sales fell by 2.2 billion Czech crowns.
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Huge passenger falloff means major losses for Czech Railways 27.01.2021 Huge passenger falloff means major losses for Czech Railways Czech state owned enterprise Czech Railways counts a big loss for the year 2020. The reason is a dramatic fall of the number of passangers due to the epidemy of coronavirus and limited possibilities for travelling.
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What Brexit means to Czech Republic according to Czech economists 27.01.2021 What Brexit means to Czech Republic according to Czech economists After nearly five years of negotiations, Britain and the European Union have reached an agreement on trade relations after Brexit. The announcement came on Christmas Eve, the traditional day when Czechs give each other presents. But was it a welcome gift for Czech businesses?
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31 years since Václav Havel was first elected Czechoslovak president 27.01.2021 31 years since Václav Havel was first elected Czechoslovak president How it became to happen that the popular and world-wide known Czech President Vaclav Havel was elected - it is more than 30 years ago since the Czech "Velvet Revolution".
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Covid-19 vaccinations only weeks away, but is the Czech public ready 20.12.2020 Covid-19 vaccinations only weeks away, but is the Czech public ready The Czech Republic, like other EU member states, is awaiting approval from the European Medicines Agency (EMA) to begin vaccinating against Covid-19.
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Minister: Right steps could see Czechia boost international trade position 20.12.2020 Minister: Right steps could see Czechia boost international trade position For the Czech Republic, it is highly important to keep its economy as an export oriented one. All potential must be used, points out the Minister of Trade of the Czech Republic.
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