The goverment has recently implemented changes to VAT system, which operates with two rates: a standard 21% rate and a reduced 12% rate, which replaced the previous 10% and 15% rates.
Prague is in the top 10 most desirable congress and conference destinations globally according to the International Congress Association (ICCA). In 2023, nearly 5,000 professional events were held in Prague, attracting almost 700,000 attendees. But what makes the city such a popular congress destination?
E-shop‘s sales grow significatnly recently.
The first [Kyushu] Semiconductor Industry Exhibition offered Czech companies a chance to present their technologies in close proximity to the emerging semiconductor cluster on Kyushu.
Czech beer production rose by 4.2% in 2024, reaching nearly 20.9 million hectoliters, driven by record exports and a surge in non-alcoholic beer consumption. At the same time, domestic per capita consumption of alcoholic beer continued its steady decline.
While inflation continues to come down, board is weighing whether to scale back their rate easing
Growth was accelerated by consumer spending.
The Czech manufacturer has successfully completed testing and will build a factory in the American state of Georgia.
Property prices continue to soar to dizzying heights, making mortgage loans accessible to only a select few. Homebuyers typically need to have at least 20% of the purchase price saved and sufficient income to manage monthly payments that often reach tens of thousands of crowns. According to the latest report from the Czech National Bank, with few exceptions, only the wealthiest fifth of households can now purchase apartments.
Begrade, June 18, 2025 – A ceremonial contract signing between Czech real estate company SEBRE Marina Dorćol and construction giant STRABAG marked the official start of one of Belgrade´s most ambitious urban developments.