News
Unemployment in CR grows to 8.6 pct in December (MoLSA) /12. 01. 2012/
Unemployment in the Czech Republic grew from November´s 8 percent to 8.6 percent in December and the number of registered job seekers reached 508,451, both data being the highest since April, the Labour and Social Affairs Ministry announced today. More...
60,000 new entrepreneurs registered in Czech Republic in 2011 /11. 01. 2012/
The Czech Ministry of Industry and Trade has published figures showing that 217 out of every 1,000 Czech residents are licensed to conduct business; Industry and Trade Minister Martin Kuba (Civic Democrats, ODS) says he intends to reduce the administrative burden upon entrepreneurs. More...
Czech industrial output accelerates growth to 5.4 pct in November /10. 01. 2012/
Czech industrial output accelerated annual growth in November to 5.4 percent from October´s 1.7 percent, and manufacture of motor vehicles was the main contributor to the rise, the Czech Statistical Office (CSU) said today. More...
Czech inflation slows to 2.4 pct in December /09. 01. 2012/
Czech year-on-year inflation slowed in December to 2.4 percent from November’s 2.5 percent thanks to a slower increase in fuel prices, which rose by 7.2 percent over the month compared with the previous 12.0 percent. More...
Slowdown may be for the best. /05. 01. 2012/
With mounting debt, a global economic slowdown and a protracted political debate over domestic austerity and international fiscal oversight, European economies didn't get off to a very good start in 2012. But does it matter? One economist says we are too enamored of growth and that 2012 should be a year of... More...
Czech economic confidence slips in December /27. 12. 2011/
Czech economic confidence slipped again in December. And if many will be happy to see the back of 2011, 2012 is not a very bright prospect either. Czech confidence fell across the board in all sectors of the economy and among consumers in December, the Czech Statistical Office (ÈSÚ) reported on Tuesday. More...
Carp-farming sector still going strong. /22. 12. 2011/
Each year, thousands of workers in more than 7,000 different locations produce around 20,000 tons of carp, largely to meet one day of demand for the traditional Christmas dinner. The Czech aquaculture industry's role in overall agricultural output is marginal, but the carp tradition accounts for about 87 percent of the i... More...
Five days of paid leave most popular employee benefit in CR /19. 12. 2011/
Prague - The most popular employee benefit in the Czech Republic is an additional fifth week of paid leave, according to the annual study PayWell by PwC. More...
Firms from CR, USA and China plan production of new plane in CR /15. 12. 2011/
Prague - A consortium of Czech, Chinese and US companies wants to produce a new type of plane in the Czech Republic, Miroslav Krizek, head of government agency CzechInvest, said today. More...
Steel producer prepares to slash jobs. ArcelorMittal Ostrava will lay off 600 workers next year. /14. 12. 2011/
ArcelorMittal Ostrava, a branch of the Indian steelmaking giant, will lay off 600 employees, citing a "prolonged period of uncertainty" in the European market, company officials said, where excess supply and low demand are pushing down prices and forcing producers to restrict their output. In response to the cuts, 1... More...