Czech Real Wages Expected To Fall By Over 8% In 2023
Cyrrus mention two main reasons for the excess of consumer inflation over wage growth: the Russian-Ukrainian war and the Covid-19 pandemic. Photo KB for Brno Daily Czech Rep., Dec 2…
Raiffeisenbank To Absorb Equa Bank, Along With Half a Million Clients
Equa Bank will merge with Raiffeisenbank in November. Photo Credit: Freepik Brno, 13 Sep (BD) - At the weekend, Equa bank announced that, after 10 years on the Czech market,…
Škoda’s Profits Drop By One Third In First Six Months of 2022
The decrease in revenues is blamed on rising production costs and reduced availability of raw materials, as well as the Russian invasion of Ukraine. Photo credit: Freepik Czech Republic, 15…
One Quarter of Czech Women Considering Leaving The Labour Market
Such an exodus of women from the productive workforce would significantly weaken the Czech labour market. Credit: Freepik. Brno, Aug. 8 (BD) - Two years of pandemic have changed the…
Euro Falls To 20-Year Low Against The Dollar; Korona At Lowest Level Since May 2020
In recent days it appears that recessionary fears, which at first revolved mainly around the United States and the Fed, are now heading toward Europe, which is again under attack…
CzechInvest Marks CZK 30 Billion of Investment From French Companies Since 1992
The Czech Republic is an attractive market for French foreign investors. Since its creation in 1992, the CzechInvest agency, part of the Czech Ministry of Industry and Trade, has been…
Expat Entrepreneurs: Andalusian Chef Caters For The Czech Republic With Unmatched Mediterranean Recipes
Melis Karabulut’s series profiles some of Brno’s foreign entrepreneurs to explore the challenges of running a business in a foreign country. This week she spoke to Enrique Garcia, a chef who…
Operators Waive Charges As Calls Between Czech Republic and Ukraine Increase by 900%
Solidarity with Ukraine has brought domestic operators together. They have jointly decided that people will be able to make calls to the Russian-invaded state for free, in response to data…
Fuel Prices In The Czech Republic Rise To Highest Level Since Late November 2021
A litre of the best-selling petrol, Natural 95, is currently selling at Czech petrol stations for an average of CZK , which is CZK more than one week ago. Meanwhile,…
Expat Entrepreneurs: The Story of Horus and Feteer
Melis Karabulut’s series profiles some of Brno’s foreign entrepreneurs to explore the challenges of running a business in a foreign country. This week, she profiles Horus, an authentic piece of…