In August 2024, the unemployment rate in the Czech Republic remained stable at 3.8%, with a slight increase in the number of registered job seekers and available vacancies.
The annual inflation rate in the Czech Republic decreased to 2.6% in May 2024 from 2.9% in April, falling short of the anticipated 2.8%.
The increase in confidence in the Czech economy signals a nascent revival. Analysts attribute this to successful vaccinations and easing restrictions. However, caution remains due to lingering uncerta...
CNB: February inflation hits two percent target, driven by rising food, energy, and service prices. Bank maintains stable interest rates to balance economic stimulus with price stability.
Zbrojovka STV recently supplied explosives for Operation "Robert Devil," showcasing its crucial role in security operations. Additionally, the company's significant investment initiative, amounting to...
The state-owned Export Guarantee and Insurance Corporation (EGAP) insured exports worth 47.3 billion Czech crowns from January to the end of October this year.
The Czech manufacturer specializes in small arms and ammunition for armed forces, personal defense, hunting, and sport shooting. The increase of profits is in line with the prevailing trend in the arm...
Traditional Czech carmaker, Skoda Auto a.s., is evidently performing well based on its recently published financial results. The Hyundai car factory in Nosovice, located in the Frydek-Mistek region, w...
Tatra is a traditional Czech manufacturer of trucks, military and special vehiceles based in Koprivnice in the Moravian-Silesian Region. It introduced the first prototype of a hydrogen truck, the Tatr...
Agrofert Group is set to buy a stake in a Romanian grain and oilseeds company called East Grain.
The Czech Republic is an long-standing Israeli partner, offering political support and security collaboration. Just days after the announcement of the supply of Czech plates for ballistic vests to Isr...
Instead of merely hosting assembly plants, the country aims to attract innovative projects, including the establishment of several new battery plants.