BIO International Convention 2025

Czech Pavilion Opens at Expo 2025 in Osaka

Czech Foreign Minister Jan Lipavský and Expo Commissioner General Ondrej Soska officially opened the Czech National Pavilion at Expo 2025 in Osaka.

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 company PBS to exhibit at Aero India 2025

PBS India is set to make a significant impact at Aero India 2025, Asia's premier aerospace and defense exhibition, scheduled from February 10 to 14 at the Air Force Station, Yelahanka, Bengaluru, where it plans to showcase its latest advancements in aerospace technology.

Sev.en Global Investments, owned by Pavel Tykač, is buying steelworks in the UK

Sev.en Global Investments (GI), which belongs to the Czech energy group Sev.en of entrepreneur Pavel Tykač, buys two steelworks in the UK and Scandinavia from the Spanish company Celsa.

ČEZ to buy a stake in Rolls-Royce SMR

ČEZ has formed a partnership with Rolls-Royce SMR to jointly develop modular nuclear reactors, purchasing a 20% stake in the British firm. This collaboration aims to improve modular reactor technology for global production, contributing to climate goals and decreasing dependence on fossil fuels.

Minimum Wage Set to Rise: A Boost for Czech Workers

In a move that promises to impact thousands of Czech workers, the government has approved a significant increase in the minimum wage for the coming year. The minimum monthly salary is set to rise by 1,900 crowns, jumping from 18,900 to 20,800 crowns (equals to approx.. 51 500 Pesos).

Vietnam hopes to enhance connectivity, ease travel restrictions, and support labor exchanges with the Czech Republic.

The Joint Statement between Vietnam and the Czech Republic highlights efforts to strengthen ties in tourism, transport and labor mobility.

Czech forex broker FTMO about to acquire Canadian Oanda

Czech company FTMO, founded by Otakar Šuffner and Mark Vasicek, has announced its largest acquisition to date - the purchase of financial platform Oanda, one of the largest forex brokers in the world.

AUTOMECHANIKA ISTANBUL 2025