
News in brief for May 5: Pavel gifted special gun to Zelenskiy
The top headlines for the Czech Republic on Friday, May 5, 2023, updated regularly to keep you up to speed.
Česká spořitelna completes takeover of Russia-owned Sberbank Czech clients
The Czech bank has now acquired Sberbank's Czech-based customers, who have not been able to make payments for over 12 months.
Cyprus court freezes Czech businessman's assets worth CZK 13 billion
Real estate developer Radovan Vítek is being sued by business partners from Europe and the U.S.
News in brief for May 2: Czechia records greatest budget deficit in history of the republic
The top headlines for the Czech Republic on Tuesday, May 2, 2023, updated regularly to keep you up to speed.
Czech carmaker reveals timeline for its electric models
The largest Czech carmaker has ambitious plans for expanding into the electric car segment.
News in brief for April 25: Karlovy Vary International Film Festival announces 2023 dates
The top headlines for the Czech Republic on Tuesday, April 25, 2023, updated regularly to keep you up to speed.
Czech carmaker Škoda expands in Southeast Asia with new Vietnam plant
Prime Minister Petr Fiala visited the site of the new Škoda plant in Vietnam during his trip to Asia this weekend.
What does the current debate on VAT in Czechia mean for consumers?
Critics say that changing the VAT structure would have a large impact on low income families and do little to resolve the government's deficit.
Czech shoemaker Vasky acquires iconic Botas footwear brand
The takeover will ensure that the Botas brand, which has been in liquidation since the start of this year, will live on.
FlixBus ditches open seating for mandatory reservations
Passengers will now be randomly assigned a seat with no extra charge to avoid awkward situations of reserved seats already being occupied.
Czech tycoon buys mining rights to over 2 billion tons of US coal
Pavel Tykač's Sev.en Global Investments firm already operates in three different continents and also has plans to invest in green energy.
No more Dáme jídlo: Czech food-delivery giant gets a rebrand
Czechia's longest-serving service for fast-food deliveries will become foodora, a brand already popular in Nordic countries.
Czech investor becomes new CEO of Chicago-based Groupon
Dušan Šenkypl of Pale Fire Capital has been appointed interim CEO of the U.S. e-commerce platform, which has seen significant recent losses.
Shaking up Czech e-commerce: Kaufland and Allegro plan launch of e-shops
The emergence online of the two retail giants will see more products available and likely make prices more competitive, helping consumers save money.
The Biz Sheet: Weekly business news briefing for Czechia
A round-up of the top Czech and international business news, plus a look at the start-up scene, finance sector, and more.
Bill Gates acquires stakes in three Czech breweries via Heineken shares
The world’s sixth richest person now owns part of Europe’s second-largest brewing concern despite not being a beer fan.
The Daily Dozen: 12 things to know about Czechia today
Restitution claim rejected, celebrate Czech Groundhog Day, and more buzzworthy stories for Feb. 2, 2023.