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Updated: 20 hours 34 min ago

Nečas: Gov't still supports extension of Temelín

Fri, 05/24/2013 - 09:00
ČTK

The government still supports the completion of Temelín nuclear power plant in southern Bohemia, Prime Minister Petr Nečas said yesterday.

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Gov't does not care about crisis in construction, builders association says

Fri, 05/24/2013 - 09:00
ČTK

The situation in construction is very unfavourable for a fifth year in a row but it is still the only sector which the government has not tried to help in any way, Association of Building Entrepreneurs (SPS) Vice President Pavel Ševčík told ČTK yesterday.

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Rudolf Jelínek posts first loss since 1998 due to prohibition

Fri, 05/24/2013 - 09:00
ČTK

Czech liqueur produer Rudolf Jelínek posted its first loss since 1998 last year owing to the autumn ban on sale of certain alcoholic drinks connected with the methanol scandal.

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Game meat increasingly more sought after in ČR

Fri, 05/24/2013 - 09:00
ČTK

Popularity of game meat among consumers in the Czech Republic is growing in the long term, according to gamekeepers and retailers, but statistics show its consumption remains low at about 1% of the total amount of consumed meat.

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Czech companies plan to sign billions worth of contracts in Russia

Fri, 05/24/2013 - 09:00
ČTK

Czech companies want to sign contracts worth several billions of crowns in Russia next week during a four-day visit to the country on which their reps will accompany Prime Minister Petr Nečas.

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Czech exports should revive moderately in August

Fri, 05/24/2013 - 09:00
ČTK

Czech exports should moderately revive in August, according to a new index of the Association of Exporters serving for the forecast of development of exports in the coming three months.

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Telecommunication Office wants more investors for LTE auction

Fri, 05/24/2013 - 09:00
ČTK

The Czech Telecommunication Office wants to attract more investors to a new auction of frequencies for fast mobile networks LTE, the regulator's new chairman Jaromír Novák said in an interview for ČTK yesterday.

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Czechs spend CZK 9,280 on average in e-shops in 2012

Fri, 05/24/2013 - 09:00
ČTK

Czechs spent CZK 9,280 on average in e-shops last year, compared with CZK 11,695 in 2010.

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Biggest contracts in Temelín expansion could go to construction firms

Fri, 05/24/2013 - 09:00
ČTK

Metrostav's building companies could get the biggest contracts in the planned expansion of nuclear power plant Temelín if US-Japanese firm Westinghouse wins the tender.

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Devaluation can solve growing debt crisis, former finance minister says

Fri, 05/24/2013 - 09:00
ČTK

The solution of the continuing debt crisis is currency devaluation, but only countries that are not euro zone members have this option, former finance minister and Civic Democratic (ODS) politician, Vlastimil Tlustý, said at an economic forum in Brno yesterday.

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IMF recommends ČR reduces budget cuts

Fri, 05/24/2013 - 09:00
ČTK

The Czech Republic should not make further budget cuts with the current worse-than-expected economic development, Masanori Yoshida, the head of the International Monetary Fund (IMF) mission, said at yesterday's press conference after the regular mission.

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ČR to push for cut in subsidies to renewables at EU summit

Fri, 05/24/2013 - 09:00
ČTK

Prime Minister Petr Nečas said yesterday he wants to push for reduction of subsidies to renewable energy sources rather than for creation of new ones at the European Union summit to be held on Wednesday.

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Respekt: EU, eurozone crisis not to blame for Czech economic fall

Fri, 05/24/2013 - 09:00
ČTK

The results of the Czech economy in the first quarter of the year are one of the worst in its history and the Czechs cannot blame the eurozone crisis or the European Union for it, Jan Macháček writes in the weekly Respekt out yesterday.

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Customer reviews a major criterion for online shoppers, survey shows

Fri, 05/24/2013 - 09:00
ČTK

Customer reviews are becoming an increasingly important criterion for online shoppers, with up to 93% of Czechs using the Internet reading these reviews before selecting an e-shop, said a survey conducted by agency NMS Market Research and price comparison site Heureka.cz.

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ČEZ continues talks with Temelín tender bidders

Fri, 05/24/2013 - 09:00
ČTK

Power producer ČEZ continues talks with US-Japanese company Westinghouse and Czech-Russian grouping Konsorcium MIR.1200 on the expansion of nuclear power plant Temelín.

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Generation, consumption of electricity stagnate

Fri, 05/24/2013 - 09:00
ČTK

Czech power plants generated 87.6 terawatt hours (TWh) of electricity last year, the same amount as in 2011, and gross consumption of electricity stayed at 2011's 70.5 TWh, said an annual report made public by the Energy Regulatory Office.

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Klaus anxious about news of economic downturn

Fri, 05/24/2013 - 09:00
ČTK

Former President Václav Kluas said the news of a Czech economic downturn points to that it may be a more lasting tendency, not a short-time swing that must be survived until it fades away by itself, in a lecture he delivered at the Prague University of Economics Saturday.

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Accenture to supply services for Westinghouse from ČR

Fri, 05/24/2013 - 09:00
ČTK

The Czech branch of international company Accenture will secure source control services for all operations of US-Japanese company Westinghouse in Europe and Asia from the Czech Republic, Westinghouse said in a press release Thursday.

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ČEZ pays highest income tax also in 2012

Fri, 05/24/2013 - 09:00
ČTK

Czech energy group ČEZ paid the highest income tax in 2012, like in the previous years, followed by car maker Skoda Auto and bank Ceska sporitelna, according to a chart compiled by the Finance Ministry.

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HN: Shopping centres seek new ways of attracting people

Fri, 05/24/2013 - 09:00
ČTK

The mushrooming shopping centres in the Czech Republic are seeking new ways of attracting people amid growing competition and they are extending the services offered, such as cafes and rest areas, Hospodářské noviny writes.

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