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The Czech economy grew by one percent last year

The growth in added value was supported most by the trade, transport, accommodation and catering sector, while other services also performed well

EUROCORP TRADE IS LOOKING FOR PARTNERS IN BULGARIA

Czech producer is interested in cooperation with Bulgarian producers

In the first three quarters of 2024, the Czech Republic saw the establishment of 10 375 companies, marking a 9% increase compared to the previous year

In the first nine months of 2024, 22 556 new companies have been established in the Czech Republic. With a surplus of 10 375 new companies, this is a 9% increase compared to the last year but a little decrease compared to 2021, according to an analysis of data conducted by CRIF - Czech Credit Bureau.

ČEZ to build strategic cooperation with British Rolls-Royce for small modular reactors development

ČEZ Group is collaborating with Rolls-Royce SMR to develop small modular reactors (SMRs) to enhance energy security and support the transition to cleaner energy.

Czechia announces the first call for support for high-efficiency combined production of electricity and heat

Calls will be issued during 2024 and 2025, targeting production facilities with a total installed capacity of 3,090 megawatts (MW), to help replace coal-fired sources

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Unemployment Remains Unusually High in Czech Republic

In a concerning economic trend, the Czech Republic’s unemployment rate shows only a modest decline to 4.2% in May, with 316,060 people still seeking employment. While this represents a slight decrease from April’s figures, the current numbers significantly exceed last year’s May total of 274,322 unemployed individuals.

Czech Republic Aims to Lead in Smart City Solutions

The Czech Republic plans to distribute €2 million to support startups in developing smart city innovations.

Tatra Defence Vehicle unveils new Pandur armoured vehicles

The new Pandur 8×8 EVO, whose development has been influenced by battlefield experience - especially from the war in Ukraine, has the ambition to break through thanks to artificial intelligence and active protection against drones.