News

Vodafone UK to help SAZKA Group acquire British lottery 04.05.2021 Vodafone UK to help SAZKA Group acquire British lottery The biggest Czech lottery company would like to enter UK market
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Czech oil and gas producing company MND to participate on Eden project in Cornwall 29.04.2021 Czech oil and gas producing company MND to participate on Eden project in Cornwall MND Drilling and Services is part of the team for the upcoming geothermal energy project, which is going to enter the first phase in the next couple of weeks.
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Czech company Lanex increases their business share in Russian Lanex Kanat 26.04.2021 Czech company Lanex increases their business share in Russian Lanex Kanat Just before the start of the diplomatic dispute between Czech Republic and Russian Federation, Lanex from the BR Group had invested into Lanex Kanat acquiring a 34 % stake in the company.
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The Czech Ministry of Finance expects an economic growth of 3,1 % during the 2021 15.04.2021 The Czech Ministry of Finance expects an economic growth of 3,1 % during the 2021 For the next year the growth is expected to accelerate to 3,7 % thanks to the increase of private consumption. On the other hand, the deficit of public finance should reach 8,8 % of the GDP this year and 5,9 % in the next year.
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The unemployment rate in Czech Republic declined to 4,2 %, the second lowest in the EU 11.04.2021 The unemployment rate in Czech Republic declined to 4,2 %, the second lowest in the EU In comparison with February the rate has decreased by 0,1 %. The year-to-year point of view shows an increase of 1,2 %.
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Energy storage for the next generation, invitation to Czech Ideas online workshop 09.04.2021 Energy storage for the next generation, invitation to Czech Ideas online workshop We would like to invite you to the new online workshop Czech Ideas. The goal of the workshop is to showcase the potential of Czech companies and products that have global ambitions. The event is co-organized by Czech state institutions supporting research and promoting exports.
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Purchase of Investment property increased by 23 % y/y 06.04.2021 Purchase of Investment property increased by 23 % y/y More than 2/3 of asked developers think that the pandemic has at least partially influenced the rise of speculative or investment purchase of property in Czech Republic. The remaining 1/3 of developers don’t believe there was any influence.
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The richest person of the Czech Republic dies in a helicopter crash 31.03.2021 The richest person of the Czech Republic dies in a helicopter crash Petr Kellner had a rich portfolio of investments ranging from insurance and telecommunication to media and mining. He has tragically died at the age of 56 during his stay in Alaska. His fortune was estimated to be 17,5 billion dollars by Forbes.
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Google will help companies with AI applications 29.03.2021 Google will help companies with AI applications The Google’s Czech branch will offer free help in this specific segment due to the strong orientation of the Czech Republic towards industry and automatization.
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GDP drops 5,6% in 2020 and 4,7% in the 4th quarter 23.03.2021 GDP drops 5,6% in 2020 and 4,7% in the 4th quarter Year 2020 was the worst year in the Czech Republic since its establishment in 1993 recording the biggest GDP drop.
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