Economy and Market

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...

The Balkans and Temelín cause ČEZ to tremble

The Czech energy company has ended up at the centre of a dispute worth millions with the Albanian government and also risks in Bulgaria. Once again the decision on the biggest project in recent years has been postponed. We will have to wait until...

Důl Paskov, the agony of a mine

In Ostrava and its surroundings, the crisis in the coal sector threatens the jobs of thousands of miners. The fear of a shocking domino effect in the coming months could bring down the Moravian-Silesian region, one already beset by serious economic and social problems...

Economics May – June

Unemployment Thanks to new seasonal openings, and a new computational methodology, the unemployment rate has fallen to 8% or 7.4%, depending on the source: in any case, a very acceptable level. Unfortunately, salaries are not growing and in several cases are decreasing, therefore depressing...

Crisis in law or of confidence?

Would it help when lawyers reflect on it? Under its judgment, the Constitutional Court of the Czech Republic ruled on 25 April 2013 that Regulation No. 484/2000 Sb. issued by the Ministry of Justice, so-called “Predicative Regulation” would be cancelled. The justification for such...

Tomáš Sedláček, the pop economist

“Economy is more human than you would think”, explains the young Czech scholar, also author of the bestseller Economics of Good and Evil A tall, large guy, with messy long, curly red hair, he can be spotted going round Prague on a bicycle, in...

Kellner: energy and telecommunications

After cashing in money from the Trieste Lion company, the Czech business Yeti is aiming at new preys The recent operation by means of which the Generali bought from the Czech billionaire the remaining 49% of Generali PPF Holding (the joint venture created five...

Today’s new challenges: future prospects of the energy sector

The Enel Group has grown a lot in just a few years, and since early 2000 has now almost doubled in size. It is now the second group in Europe for generating and distributing electricity, it operates in 40 countries and since 2009, its...