The Czech Republic’s new National Semiconductor Strategy aims to boost local manufacturing, reduce foreign dependency, and align with the European Chips Act. By 2029, the goal is to triple the size of...
Czech companies are making major moves to improve their production processes, all with the goal of becoming more efficient and meeting growing market demands. Bohemia Sekt, the biggest producer of spa...
The Czech Republic’s unemployment rate increased to 3.9% in September. Despite record job placements, job seekers still outnumber available positions, and unemployment is expected to rise further.
The 25th edition of the prestigious EY Entrepreneur of the Year competition has officially launched in the Czech Republic. This year’s competition emphasizes sustainability and societal impact, reflec...
CSG's chances of acquiring the U.S. ammunition manufacturer increased after offering $150 million for a minority stake in the company’s non-ammunition division. A final decision is expected by mid-Oct...
The race to build the first Czech modular reactors intensifies, with U.S.-based GE Hitachi currently in the lead. Backed by strong financial support and advanced reactor technology, the company is ahe...
Colt CZ Group SE reported a 41.2% revenue increase in the first half of 2024, reaching 9.69 billion CZK. This growth is driven by a strong presence in the global market, including the US and the acqui...
Westinghouse has contested ČEZ’s choice of South Korea’s KHNP for new nuclear reactors in Czechia, filing an appeal with the Office for the Protection of Competition (ÚOHS). The dispute centers on tec...
Czech President Petr Pavel and his wife met with around 90 representatives from diverse start-ups and innovative companies to support and understand their needs. This engagement highlights the growing...
Czechoslovak Group (CSG) has raised its acquisition bid for Vista Outdoor’s firearms division to $2.15 billion. The new offer includes $24 per share for Vista shareholders.
Consumer goods manufacturers are introducing new personal care products with high price tags in a trend known as "upflation." Unlike shrinkflation, upflation involves creating niche products and marke...
VAFO Group is a leading European premium pet food producer. Established in 1994, the second-generation family business has more than 28 years of history. The company is headquartered in the Czech Repu...