The Czech Republic´s unemployment rate remained stable at 4,3 % in April 2025, according to the Czech Labour Office. Despite slight regional increases, particularly in Karlovy Vary, the labour market remains steady.
The Czech Republic's drive towards sustainable transportation has led to a spike in electric vehicle (EV) demand among businesses.
The minimum wage in the Czech Republic is expected to reach the level of 47% of the average earnings in the country by 2029. Parliament also approved the abolition of guaranteed wage levels in private companies, which set the lowest possible earnings for various professions.
On January 8, 2025, the Czech government approved the National Action Plan for Smart Grids (NAP SG) for the period 2025–2030, as proposed by the Ministry of Industry and Trade. This pivotal document aims to accelerate the modernization of the country's electrical infrastructure, support decarbonization efforts, and prepare the Czech Republic for future energy challenges.
Czech soft drink producer Kofola, based in Ostrava, announces a record performance in 2024. Company, with 14 production plants across Europe, achieved a significant year-on-year sales increase and plans to invest heavily in business development in 2025.
The Czech Republic's unemployment rate edged up to 3.8% in July, a 0.2 percentage point increase from May and June, reflecting seasonal job shifts and broader economic trends.
In a striking revelation about the Czech labor market, 30% of Czech companies, particularly larger ones, are planning to hire more employees at the beginning of next year. However, they face a significant challenge – 66% of companies are struggling to find suitable candidates, a dramatic increase from just 11% a decade ago.
In 2025, the Czech railway authority, Správa železnic, is set to make unprecedented investments in upgrading and expanding the nation’s railway infrastructure. With a budget of 62.7 billion Czech crowns, major projects like the Brno-Přerov line, station refurbishments, and high-speed rail developments will be given top priority to improve the transportation network.
CZECH - GERMAN COMPANY FMB CARE IS LOOKING FOR PARTNERS IN BULGARIA
The Czech Republic's gross domestic product (GDP) last year was exactly 1% higher than in 2023, according to a preliminary estimate by the Czech Statistical Office.