News

Czech Ministry of Finance: Economy to grow 3.1%, inflation to reach 8.5% 31.01.2022 Czech Ministry of Finance: Economy to grow 3.1%, inflation to reach 8.5% In its macroeconomic forecast, the Czech Ministry of Finance (MF) predicts the economy to have grown 2.9% in 2021, and its growth pace will accelerate to 3.1% in 2022.
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AutoSAP: Vehicle production down 3.7% to 1,141,698 in the Czech Republic 31.01.2022 AutoSAP: Vehicle production down 3.7% to 1,141,698 in the Czech Republic The number of road vehicles manufactured in the Czech Republic in 2021 dropped by 3.7% year on year to 1,141,698, according to the information provided by the Automotive Industry Association (AutoSAP).
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EMA approved Paxlovid from Pfizer 30.01.2022 EMA approved Paxlovid from Pfizer An advisory panel of the European Medicine Agency (EMA) recommends conditional approval of Pfizer's Covid antiviral pill Paxlovid. The Commitee for Medicinal Products for Human Use is recommending Paxlovid for adults who do not require supplemental oxygen and who are at increased risk of the...
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Pfizer and BioNTech launch omicron vaccine trials 27.01.2022 Pfizer and BioNTech launch omicron vaccine trials Pfizer and BioNTech begin testing Omicron-specific Covid-19 vaccine, the pharmaceutical companies announced Tuesday.
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ShipMonk gets Ruby Has Fulfillment 26.01.2022 ShipMonk gets Ruby Has Fulfillment ShipMonk acquired Ruby Has Fulfillment, which strengthens its plans for US, Canada expansion. The company plans to open European warehouse with possible location in the Czech Republic.
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Czech company Bidfood Opava invested CZK 38m into packaging line 20.12.2021 Czech company Bidfood Opava invested CZK 38m into packaging line Bidfood Opava uses a new line consisting of 16 separate machines to produce coated cheese. The value of the investment exceeded CZK 38m.
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Czech banking sector’s profit increases to CZK 50.99bn 19.12.2021 Czech banking sector’s profit increases to CZK 50.99bn As of September 30, 2021, banks active in the Czech Republic posted an after-tax profit for the ordinary accounting period in the amount of CZK 50.99bn.
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CBRE: Commercial real estate investments in Czechia at EUR 2bn 19.12.2021 CBRE: Commercial real estate investments in Czechia at EUR 2bn Despite the pandemic’s negative impact on economic activities, the European market with commercial real estate is headed towards recovery.
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Czech weather platform Windy launched draught prediction function 17.12.2021 Czech weather platform Windy launched draught prediction function The new feature targets especially farmers that can use it to predict draught and also contribute to the platform to improve its accuracy.
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PPF Real Estate acquires office complex in US for USD 315M 06.12.2021 PPF Real Estate acquires office complex in US for USD 315M PPF Real Estate Holding strengthens its footprint in the US commercial real estate market with the acquisition of the SouthPark Center office campus in Orlando, Florida.
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