Czech Economy Shrank By A Record 5.6% In 2020
In 2020, GDP per capita decreased in almost all countries due to the effects of the coronavirus pandemic. According to the Czech Ministry of Finance’s Macroeconomic Forecast, the Czech economy…
Brno Company Pioneers Upcycling of PET Bottles in the Czech Republic
Until now, there has been no initiative in the Czech Republic to turn used PET bottles into new ones. Brno firm rPET In Waste is hoping to change this. “Within…
Number of New Czech Trade Licences Drops 11% In First Quarter of 2021
In the first three months of this year, the number of new trade licences issued in the Czech Republic decreased by 11% compared to 2020. Meanwhile, the number of licences…
Czech Airlines To Resume Several Flights in Europe
Despite the announced bankruptcy, Czech Airlines (ČSA) are resuming flights to five European destinations and increasing the number of flights currently operating. The resumption is based on the development of…
Mandatory Testing Extended To All Companies; Government To Request Extension To State of Emergency
On Monday the government agreed to request an extension of the state of emergency, expand mandatory Covid-19 testing to small companies, self-employed people and non-profit organisations, and reward healthcare workers…
Czech Companies Looking To Increase Hiring In 2021
A survey conducted by ManpowerGroup found that Czech companies are planning to hire more employees this year. The most promising sectors are construction, manufacturing, and finance, while employers in the…
Mandatory Testing Comes Into Force For Companies With 10 to 49 Employees
Companies which employ at least 10 people have been mandated by the government to test their staff for coronavirus. According to Health Minister Jan Blatný, the current measures regarding respirators…
Government Approves Health Worker Bonus and Compensation For Business Owners
The Czech government has allocated over CZK 12 billion to reward healthcare and social services staff for their service during the coronavirus epidemic, as well as approving two compensation programmes…
Average Wages In The Czech Republic Increase By 3.8%
According to new data from the Czech Statistical Office (CZSO), the average gross wage in the Czech Republic rose to CZK 38,525 in the last quarter of 2020. The highest…
Rents Fall In Brno as Demand From Students and Foreigners Wanes
In the last year, the number of foreigners moving to the Czech Republic has dropped significantly, and students have chosen to stay home rather than move to large cities. As…