News

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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Export to grow, risks include suppliers’ problems 26.02.2021 Export to grow, risks include suppliers’ problems Czech export will grow in 2021
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Car production drops 11.7% y/y 24.02.2021 Car production drops 11.7% y/y Production of cars dropped 11,7 % y/y in January 2021 due to pandemic crisis.
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In conversation with Jiri Rak, Director of CzechTrade, UK and Ireland 22.02.2021 In conversation with Jiri Rak, Director of CzechTrade, UK and Ireland On CzechTrade activities in general and in the COVID-19 reality, first impressions when living in London, plans for 2021, and so much more...
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ŠKODA AUTO accelerates digital transformation 28.01.2021 ŠKODA AUTO accelerates digital transformation ŠKODA AUTO introduces new strategic program in cooperation with Microsoft
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Skyrocketing demand for cross-country skis in CZ 25.01.2021 Skyrocketing demand for cross-country skis in CZ Czechs are now switching from donwhill to cross country skiing as Czech winter centres remain closed.
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Czechs are not losing entrepreneurial appetite 12.01.2021 Czechs are not losing entrepreneurial appetite Bisnode data suggest that around 2000 new businesses have been launched every month since the pandemic arrived in the country in March 2020.
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