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News
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| 11.12.2024
United Kingdom
Inflation in the Czech Republic stabilised at 2.8 % in November, ranking 15th among European countries
Consumer prices in the Czech Republic rose by 2.8 % year-on-year in November, leaving annual inflation unchanged compared to October. Compared to the previous month, prices rose by 0.1 per cent, the C...
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| 10.12.2024
United Kingdom
OECD Economic forecast for the Czech Republic for 2025
GDP growth is set to pick up from 1 % in 2024 to 2.4 % in 2025 and 2.6 % in 2026. The recovery in real disposable incomes will support stronger consumer demand.
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| 25.11.2024
United Kingdom
New Czech Beer installs spread across UK pubs
The recent Retigo Beer Day held at the Embassy of the Czech Republic and organised by CzechTrade UK together with Retigo UK, helped speed up new Czech Independent Beer Installations in the UK.
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| 21.11.2024
United Kingdom
Sev.en Global Investments, owned by Pavel Tykač, is buying steelworks in the UK
Sev.en Global Investments (GI), which belongs to the Czech energy group Sev.en of entrepreneur Pavel Tykač, buys two steelworks in the UK and Scandinavia from the Spanish company Celsa.
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| 11.11.2024
United Kingdom
Toyota opened a mega-hub in Kolín for 429 million CZK, which will be used for finishing cars
Toyota Motor Europe (TME) has opened an automotive mega-hub at the Toyota Motor Manufacturing Czech Republic plant in Kolín, which will be used to finish Toyota and Lexus vehicles based on customer re...
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| 29.10.2024
United Kingdom
ČEZ to buy a stake in Rolls-Royce SMR
ČEZ has formed a partnership with Rolls-Royce SMR to jointly develop modular nuclear reactors, purchasing a 20% stake in the British firm. This collaboration aims to improve modular reactor technology...
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| 21.10.2024
United Kingdom
In the first three quarters of 2024, the Czech Republic saw the establishment of 10 375 companies, marking a 9% increase compared to the previous year
In the first nine months of 2024, 22 556 new companies have been established in the Czech Republic. With a surplus of 10 375 new companies, this is a 9% increase compared to the last year but a little...
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| 15.10.2024
United Kingdom
Czech government has approved a new National Semiconductor Strategy
The Czech Republic's new National Semiconductor Strategy seeks to establish the country as a major player in chip production by leveraging its industry strengths, increasing educational capacities, an...
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| 29.09.2024
United Kingdom
The CNB cut the interest rate by a quarter percentage point
The Czech National Bank lowered its primary interest rate to 4.25%, marking the seventh consecutive rate cut as part of its ongoing monetary policy easing since December. This reduction encourages bor...
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| 25.09.2024
United Kingdom
ČEZ to build strategic cooperation with British Rolls-Royce for small modular reactors development
ČEZ Group is collaborating with Rolls-Royce SMR to develop small modular reactors (SMRs) to enhance energy security and support the transition to cleaner energy.
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| 05.09.2024
United Kingdom
Prague names a new street after a British WWII hero
On Tuesday, a new street was inaugurated in Prague 7’s Holešovice district, linking its eastern and western sections.
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| 19.08.2024
United Kingdom
Czech Unemployment Rises to 3.8% Amid Seasonal Employment Dip and Economic Uncertainty
The Czech Republic's unemployment rate edged up to 3.8% in July, a 0.2 percentage point increase from May and June, reflecting seasonal job shifts and broader economic trends.