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The GDP of Czech Republic is about to grow by 3,3 % this year according to OECD 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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The year-on-year share of e-shops on retail sales increased by 3,4 % 26.05.2021 The year-on-year share of e-shops on retail sales increased by 3,4 % In the 2020 the turnover of products sold over the internet in Czech Republic reached a value of 196 billion CZK, which is a total share of 16,2 % on the whole value of retail sector.
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The Irish fast fashion retailer Primark is about to open its branch in Prague 24.05.2021 The Irish fast fashion retailer Primark is about to open its branch in Prague Primark is operating across the whole Europe with over 370 branches in countries such as Great Britain, Spain, Germany or France.
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The number of new established Czech companies is rising 18.05.2021 The number of new established Czech companies is rising In April 2021 a total number of 2 741 new companies were established in the Czech Republic, which is the highest amount of newly created companies for the last three years just after March.
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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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