Economy and Market

Public records: new course in the Czech Republic

At the beginning of the year, as well as the re-codification of the civil law, yet another important innovation was introduced into the Czech legal system: Law 304/2013 on public registers of legal entities and natural persons (thereafter referred to as “Public records law”),...

Italian inspirations in the new Czech civil code

The authors of the new Civil Code of the Czech Republic, which entered into force on 1st January of this year, took as a reference model also the European jurisdictions and their particular legal institutions. The purpose of this article is to indicate how...

Macroeconomis January – February

Unemployment The unemployment level in the Czech Republic is steady since several months. For December 2013, data show a 6.8% rate for the active population, or 8.2% general. The recently implemented new estimation system shows levels lower than the recent past, but it is...

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...