Czech exports may grow by 6% in 2024 to a record $251.4 billion, fueled by the weaker koruna and booming automotive exports.
Shareholders of Vista Outdoor have approved the sale of its ammunition division, Kinetic Group, to the Czech holding company Czechoslovak Group (CSG) for approximately $2.22 billion USD. This marks th...
Bene Meat Technologies, a Czech startup, has won the prestigious Industrie Award for its groundbreaking work in cultivated meat, aiming to revolutionize ethical and sustainable food production.
Colt CZ Group SE reported a 51.1% year-over-year revenue growth, reaching approximately $627 million in the first nine months of 2024, driven by firearm sales and the integration of Sellier & Bellot. ...
Czech startups like Avast and Kiwi.com thrive globally, leveraging low taxes, skilled talent, and supportive policies to drive innovation and economic growth.
Prague-based company Compelson develops advanced software for mobile data extraction, used by major global agencies like the FBI, CIA, and Interpol for criminal investigations and cybersecurity.
The European Union is preparing to develop its own chip suitable for deployment in supercomputers. These are large mainframe machines designed for artificial intelligence calculations or simulations f...
On Thursday, 10 October, the Czech government approved the National Semiconductor Policy with aim to enable the Czech Republic to become one of the centres of chip production. The new policy follows t...
Five Czech companies will showcase innovative mining technologies at IMME 2024 in Kolkata, India. Visit their booths from October 23-26 to explore cutting-edge solutions for the mining industry.
The 65th anniversary edition of the International Engineering Fair (MSV) will show in one place the innovations that are taking industrial production into a new era. To establish business relations fo...
Škoda Auto is gradually moving towards the highest possible level of sustainability that can be achieved in the automotive industry. By 2030, it is said to be carbon neutral.
Reuters predicts that during the course of the next year, the Czech currency will become stronger against the euro. According to the Reuters' survey, the Czech koruna (CZK) will increase in value wi...