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...
Czechoslovak Group (CSG) will purchase Vista Outdoor's sports equipment division for $1.96 billion, pending approval from shareholders and the US Committee on Foreign Investment.
On May 15, 2024, sixteen Czech and Slovak faculties specializing in electrical engineering and IT founded the Alliance for Electrical Engineering and Informatics.
In March, Czechia maintained the EU's lowest unemployment rate at 2.9%, with a slight decrease in the number of unemployed, as reported by Eurostat.