Economy and Market

From a driving force for Europe to Cinderella?

The international competitiveness ratings show that the Czech Republic is lagging behind on many aspects. The main causes are political instability, bureaucracy and the lack of flexibility of its labour market Months of political uncertainty, outgoing governments, technical governments, the anticipated elections, the longest...

Slovenské elektrárne provides energy efficiency solutions

Slovenské elektrárne, in the Czech Republic, has become one of the most important companies for the supply of electricity, and with a sales volume of about 3 TWh in 2014, is a landmark in terms of quality of service and added value to the...

Changes to private law in the Czech Republic

Much has already been written on the new Civil Code, but what impact will the new regulation have on every day life? Every day, we enter into various contractual relationships. We are not even aware of a number of them, but we comply with...

Economics November – December

Unemployment The unemployment level keeps steady, slightly growing at 7.6%. Once the seasonal positive effect subsided, now the hopes lay on the EU recovery which determines an increase in industrial production destined to export. Unfortunately, there are strong signals for a jobless recovery, though....

Jawa, a legend on two wheels

A myth-image of Czechoslovakian industry, Jawa motorcycles are starting to attract fans again (Jawa 500cc OHV, the first motorcycle produced by the firm in 1929) It is the Ducati of the East, an epic motorcycle of the great champions of the past. Behind the...

Company administration, the new rules for 2014

As part of the re-codification of private law, early next year, there will also be changes to the discipline of commercial enterprises. The new Law on commercial corporations seeks to reflect the developments at European level, based on the experience gained in foreign countries...

Economics September – October

Unemployment Unemployment level keeps steady at around 7.0%, which is the lowest level of the last few years. Some factors helped reaching this figure, not all of them of structural nature, such as seasonal jobs. Good hope comes from pick up in industrial production...

GZ, the Vinyl Temple in Czech Republic

There is the iconic banana image of the Velvet Underground, the tongue of the Rolling Stones, Lady Gaga naked and the apple of the Beatles. Twenty-five kilometres away from Prague, inside a sound-proof room for testing the quality of sound, there is a wall...

Meopta, watching the world through a lens

The exciting, brilliant story of Meopta Examine this precious adventure through a lense. Watch it from close up. Put the past of a country and a trademark together, by focussing through glass filters, the lenses of Meopta. Eighty years after its foundation in Přerov,...

Five-star hotels for sale in Prague

The particular moment affecting the hospitality industry in the Czech capital: luxury facilities are searching for new owners, while low-cost chains are moving in with their “budget hotels” Crowne Plaza, Kempinski, President, and the Four Seasons are only a few of the luxury hotels...