Křetínský’s EP Group would buy International Distribution Services, which owns Royal Mail, for 370 pence ($4.72) per share.
Czechia’s gross domestic product (GDP) experienced a modest increase of 0.4% year on year and 0.5% quarter on quarter in the first quarter of 2024.
Bloomberg predicts that Czechia's rapidly rising GDP per capita at purchasing power parity (PPP) will elevate its living standards above those of Mediterranean countries by the end of the decade.
A recent report from Reuters forecasts the Czech crown as the sole currency in Central Europe set to appreciate over the next year. This contrasts with other regional currencies facing stability conce...
Amid a milder winter, the Czech construction sector rebounded, showing a 3.6 % year-on-year growth in February, its strongest since May 2022. Infrastructure projects were the main driver, while land d...
The annual inflation rate in the Czech Republic softened to 2 % in February 2024, a slight dip from 2.3 % in the preceding month, and marginally below market forecasts of 2.2 %.
Cybersecurity, IT support, and data analytics are emerging as the fastest growing areas, further solidifying Czechia's position as an international leader in IT and business services.