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Czech mountain resorts invest CZK 750 million ahead of winter season 02.11.2020 Czech mountain resorts invest CZK 750 million ahead of winter season Despite the situation over coronavirus epidemy, Czech ski resorts invested lot of money in expectation of the visitors this winter season.
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Covid crisis causing up to 40 percent fall in spirits sales in the Czech Republic 02.11.2020 Covid crisis causing up to 40 percent fall in spirits sales in the Czech Republic Despite the allegede proclamation that Czechs are alcohol lovers, sales of spirits are dramatically falling down, announces the industry.
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Czech magnate buys piano order canceled by PRC 18.09.2020 Czech magnate buys piano order canceled by PRC Czech Tycoon Karel Komárek undertook the contract for the purchase of world famous pianos PETROFF, originally prepared for the sale to China. PRC refused to fulfill the contract after the journey of Czech Senators to Taiwan.
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Holding EPH is going to sell Prague heating plant to Veolia 18.09.2020 Holding EPH is going to sell Prague heating plant to Veolia Czech billionaire Daniel Křetínský’s EPH, the largest energy holding in Central Europe, is selling the heating plant firm Pražská teplárenská to the French transnational Veolia for an undisclosed price. The transaction is yet to be approved by the Office for the Protection of Competition.
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Car sales in the Czech Republic fell by quarter in first eight months of 2020 18.09.2020 Car sales in the Czech Republic fell by quarter in first eight months of 2020 Automotive Industry is the most important industry in the Czech Republic. Sigs of dropping car sales are warning for all industry.
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Czech industry surpasses expectations again 18.09.2020 Czech industry surpasses expectations again Czech July industrial production increased by 6% Month-on-Month. But Year-on-Year dynamics show production 5% lower, still better than analyst expectations.
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Czech economy sharply declines in second quarter 05.08.2020 Czech economy sharply declines in second quarter Decline in economical results of the Czech Republic´s economy in connection with the crises of COVID-19 is quite sharp in the second half of the year.
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Skoda Auto sees slump in sales due to coronavirus 05.08.2020 Skoda Auto sees slump in sales due to coronavirus The car industry has been hit hard by the coronavirus crisis as lockdowns halted production lines and closed showrooms. Skoda Auto, one of the driving forces of the Czech economy, saw a 33 percent drop in sales in the first half of this year.
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EC approves Czech aid to companies affected by coronavirus crisis 05.08.2020 EC approves Czech aid to companies affected by coronavirus crisis The European Commission has approved the Czech government’s scheme to help companies affected by the coronavirus outbreak.
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Czech beer industry posts losses of nearly five billion crowns due to Covid-19 05.08.2020 Czech beer industry posts losses of nearly five billion crowns due to Covid-19 The Czech beer industry recorded losses amounting to nearly five billion crowns during the period from March until the end of June as a result of the restrictive measures related to the coronavirus outbreak, Martina Ferencová of the Beer and Malt Association announced on Tuesday, citing a survey...
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