Tuesday, 20 February 2018
Business | Balkan Insight

Sweden-based entertainment conglomerate Modern Times Group, MTG, announced on Monday that it is to sell 95 % of the shares in Bulgaria's Nova Broadcasting to PFF, a firm owned by Czech billionaire Petr Kellner, for 185 million euros. Nova Broadcasting is Bulgaria's largest commercial media group and comprises seven TV channels and 19 websites, including the leading Nova TV channel, Kino Nova, Nova Sport, Diema and Diema Sport amongst others.

Business | Prague Connect

There are many positives to being an expat in the Czech Republic, but also some difficulties. Let's take a brief look at an expat's life, using the Czech based company JetBrains as an example.

Business | Radio Prague

Czech companies notched up record export success in 2017. But building on that performance this year is likely to be a major challenge with companies probably needing to break into new markets.

Business | Brno Daily

The Cologne Institute for Economic Research (IW) has reported the percentages of the national per capita Gross Domestic Product (GDP) when excluding the contributions of capital cities. The study, released in 2017, shows interesting facts about the concentration of economic power in European countries.

Business | Prague Leadership Institute

Any society that would give up a little liberty to gain a little security will deserve neither and lose both. Benjamin Franklin's quote is a sobering reminder that freedom and liberty should never be taken for granted and they require daily vigilance on the part of us all, individually and collectively.

Business | Real Estate | Prague TV

The largest number of housing starts in 2017 in the Czech Republic was in the Central Bohemia region. This goes along with a trend of suburbanization that has been going on since the 1990s, according to the Czech Statistical Office (ČSÚ). Prague was in second place for housing starts.

Business | Transitions Online

A mysterious company is paving the New Silk Road in Eastern Europe and beyond.

Business | Radio Prague

Czech textile and clothing companies last year recorded their best results in the past 12 years, the daily Hospodářské noviny wrote on Thursday.

Finance | ČTK

The EU budget should more focus on competitiveness, economic growth, innovations and investment in security, Czech Prime Minister Andrej Babis told the European affairs committee of the Chamber of Deputies on Thursday.

Business | Prague Connect

Prague money exchange offices are often discussed in the media in fairly negative terms. Is Prague the only European city where tourists pay commission on money exchanges?

Business | Radio Prague

Czech car maker Škoda Auto recorded its best monthly result ever in January. The company sold 103,800 cars in January, which is an increase of 10.7 percent on the previous year, according to a press release on Wednesday.

Business | Radio Prague

The pace of annual Czech inflation slowed in January to 2.2 percent from December's 2.4 percent, which is the lowest figure since last April, according to figures released by the Czech Statistical Office on Wednesday.

Finance | Prague TV

The average gross wage in Prague was CZK 35,274 for full-time equivalent employees at the end of 2016. This was substantially higher than the Czech average of CZK 27,575. The lowest average gross wage was in Karlovy Vary, at CZK 23,572.

Business | Radio Prague

One of the biggest events is taking place in the Czech computer games markets with the official launch of Kingdom Come: Deliverance. The game is the creation of a relatively new Prague studio, taking players back to the Czech lands during the troubled times of the early 15th century, with a lot riding on its success.

Business | Radio Prague

Public Private Partnerships have had a short and not very glorious history in the Czech Republic as a means of financing major infrastructure projects. But so-called PPPs now appear back in fashion with the Ministry of Transport plotting the use of private capital to pave the way for one major highway.