News

Czech Businesses to Benefit from €400 Million EIB Loans

The European Investment Bank (EIB) has approved €400 million in loans to two key Czech financial institutions, Komerční banka and SG Equipment Finance Czech Republic (SGEF), aimed at supporting the gr...

South Africa

Europe cannot reduce emissions alone, says head of Czech COP29 delegation

Organisers of this year's UN climate change conference, known as COP29, which began last week in Baku, Azerbaijan, have not shown great optimism as the event reaches its end on Friday. The atmosphere ...

Czech Republic

Czech companies participated at Tech Industry fair in Riga

Czech national stand introduced eight companies at Tech Industry 2024.

Czech Republic

Carp harvesting underway around the country.

Every year from the middle of October till the end of November, fisheries clear their ponds, netting carp for the Christmas season.

Exports from the Czech Republic will be record-breaking this year. Depreciation of the crown is helping significantly, exporters report

Czech exports may grow by 6% in 2024 to a record $251.4 billion, fueled by the weaker koruna and booming automotive exports.

Arms Megadeal: American Vista Approves Sale of Ammunition Division to a Czech industrial group CSG

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...

Company Bene Meat Wins a Prestigious Industrie Award for Cultivated Meat Innovation

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 Group Increased Revenues by 51% Year-Over-Year to $627 Million, Driven by Higher Firearm Sales

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. ...

From Prague to the World: Czech Startup Unicorns Making a Global Impact

Czech startups like Avast and Kiwi.com thrive globally, leveraging low taxes, skilled talent, and supportive policies to drive innovation and economic growth.