Agriculture to suffer but other sectors would benefit, as temperatures in Czechia are set to continue rising faster than the global average.
Number of passengers dropped by 90% when travel restrictions were introduced but rail operator wasn't able to cut costs sufficiently, said Ceske Drahy chairman and CEO Vaclav Nebesky.
As second wave descends on Central Europe, debate rages in Prague over PM Andrej Babis’ handling of the pandemic, while Hungary's Viktor Orban insists containment measures won’t paralyse the economy.
Traditional Czech family business Petrof lost a contract to supply instruments worth €200,000 to China after Czech senate chair Milos Vystrcil's visit to Taiwan.
Ever since the plague in Athens in 430 BC described by Thucydides, epidemics have followed movements of people and changed the course of history. Today Covid-19 risks challenging the foundations of business in our modern interconnected world
Jiri Rusnok warned that proposals to abolish “super gross” wage would leave a long-lasting hole in state finances.
Russia, Kazakhstan and Iran make top 10 in electricity consumption index for digital currency mining industry.
Chinese state corporation CITIC is reportedly negotiating the sale of 49.9% stakes in Czech no-frills airline Smartwings, which also owns 98% of Czech Airlines.
Association of the Automotive Industry expects a 20% decline in output this year as carmakers are not likely to make up the decline in production caused by the spring stoppage in the autumn months.