Czech tech, media, and telecoms sectors most attractive to investors
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Though M&As are currently in decline, a stabler macroeconomic environment and a new tax on company sales in 2024 may cause an uptick in investor activity.
Bun-believable: Fast-food prices rise sharply in Czechia
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Amid high inflation and rising operational costs, Czechia's three major fast-food chains recently increased prices.
Czech Minister of Labor advocates for euro adoption by 2030
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Marian Jurečka says Czechia will fulfill the Maastricht criteria by the end of the decade.
American Express canceling most of its remaining services in Czechia
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The charge card company, mainly used by business travelers, is scaling back its international operations.
BMW opens its largest-ever test center in Czechia
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The facility, based in Karlovy Vary, will develop future BMW products and focus on automation and self-driving cars.
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Czech lower house passes law tightening conditions for early retirement, slowing pension growth
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The proposed changes will now be read in the Senate before being signed by the president.
Czechia ranks 10th in labor productivity growth among OECD countries
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Capital investment and better national infrastructure have spurred Czechia's boost in labor productivity in the last decades.
Czech government looks to foreign workers to fill 200,000 job vacancies
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Czech authorities in prominent positions highlighted the importance of foreign workers in enhancing the nation's infrastructure.
One in five Czech construction and industry companies plan to dismiss workers
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A recent survey found that a similar number of non-profit companies also plan to carry out layoffs in the fall.
Survey: Half of Czechs prefer to use cash while traveling abroad
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According to a recent survey, the majority of Czechs prefer to exchange Czech crowns for foreign currency before going on vacation.
Living costs remain high in Czechia, despite inflation slowdown
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New data reveals that prices for some food staples, electricity, and package vacations in particular are higher than they were last year.
Czech Labor Ministry: By 2030 over 90 percent of jobs will require digital skills
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The nature of the workplace is changing and the government plans to invest in adult education to help people adapt.
Czech industrial production shifts into high gear as auto industry drives economy
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Supply chain issues that previously hindered production have been resolved, leading to a decrease in energy costs.
Study: Czech Republic positioned as fintech leader with promising growth prospects
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According to a report from the Boston Consulting Group, the financial technology sector is poised for substantial growth by 2030.
Rohlik founder launches investment group for companies that reject status quo
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TCF Capital will operate internationally and focus on firms in e-commerce, FMCG, and logistics.
Why investing in startups could be the key to success during an economic downturn
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When potentially profitable projects arise, it is better to approach them when the market cools down, describes Petr Šíma, partner at DEPO Ventures.
Czech National Bank maintains interest rate at 7 percent
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Analysts expect the central bank to marginally reduce the rate until the end of 2023 due to lower inflation.
