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26.07.2021
The trend of online grocery shopping helped to create a first-ever Czech unicorn start-up
The Czech online supermarket Rohlík exceeded the 1 billion dollar valuation and became the first start-up in the country to join the prestigious global unicorn club.
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United Kingdom
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02.07.2021
The living standard of households in Czech Republic is almost as high as it was before the start of the pandemic
Despite the peak of pandemic in the first quarter of the 2021 the living standard of Czech households has gotten much better in that particular period. The current situation is comparable with figures from the year 2019.
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United Kingdom
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01.07.2021
Czech innovators from ADVACAM are part of the efforts to reconquer the Moon
The Czech technology sector shines again as it helps in a milestone mission to reexplore Earth’s nearest celestial body.
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United Kingdom
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28.06.2021
Czech Republic has been rated “AA-“ by the American credit rating agency Fitch Ratings
The international credit rating agency and one of the Big Three credit rating agencies from the US Fitch Ratings has affirmed the Czech Republic’s credit rating at “AA-“ with a stable outlook in the future.
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United Kingdom
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24.06.2021
Marks & Spencer will provide their products for the Czech online supermarket Košík.cz
The major British multinational retailer that is selling specifically clothing, home products and food products under its own label is about to cooperate with Košík.cz a Czech online supermarket.
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United Kingdom
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21.06.2021
Czech consumers to increase their expenses on clothes and holidays
Up to two thirds of Czech consumers are about to spend more on things that they couldn’t buy during the pandemics.
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United Kingdom
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18.06.2021
Nine new brands are entering the Czech market in the first half of 2021, Primark has opened its first store
For comparison with the same period of the 2020 there were 6 new brands coming to Czech’s market. Other brands are also planning to open in the Czech Republic such as Chanel and Balenciaga, Anson’s or Modivo.
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United Kingdom
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17.06.2021
Czech National Bank is about to strengthen its remit over firms in crisis
The Chamber of Deputies of the Czech Republic have approved an act in reaction to the EU’s Bank Recovery and Resolution Directive (BRRD II) which should help to harmonize the general approach towards failing financial institutions in the EU.
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United Kingdom
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09.06.2021
Newly approved amendment in Czech Republic helps with establishment of companies
The amendment comes up with broad digitalisation of the whole process of company establishment which enables an establishment of new company through an online form as well as making the whole process cheaper.
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United Kingdom
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01.06.2021
The GDP of Czech Republic is about to grow by 3,3 % this year according to OECD
The Organisation for Economic Co-operation and Development (OECD) has updated their outlook for the remainder of the 2021 and also for the next year. The global economy is expected to rise by 5,8 %.
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United Kingdom
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