New Sustainable Hall For Drinks and Packages Opens at Brno Airport
The tenants are logistics companies Coca-Cola HBC and Zásilkovna, who are already operating in their new hub. The new hall, which was ceremoniously opened on Thursday, covers around 9,500 m2,…
Ministry of Labour Proposes To Peg Minimum Wage to At Least Half the Average Wage
The new proposal, to go into effect from 2022, would see the current minimum wage increase by 17% from CZK 14,600 to CZK 17,100, which would benefit around 140,000 people.…
Czech Republic Ranked Ninth Best Country For Start-Ups in Europe
The study analyzed data from 31 European countries in the European Economic Area (EEA) plus the United Kingdom and Switzerland, and was based on a range of economic data considered…
Unemployment Continues To Be Relatively Low Despite a Record Fall in GDP
Unemployment in June increased slightly to This is against the background of a record drop in GDP for the second quarter. However, once government support is withdrawn and the full impact…
Brno Airport Records 84% Drop In Passenger Numbers in First Half of 2020
The drop in passenger numbers is just one of several problems facing the airport, with longer-term decline in business anticipated, substantial losses forecast, and disruption to expansion plans and negotiations…
Brno Gets Thumbs-Up from Major Credit Rating Agency
Moody’s credit rating agency has just released details of its latest periodic review of the City of Brno and confirmed the appropriateness of its Aa3 rating. This is important for…
Unemployed Czechs Became Economically Inactive At Record Levels in Q1 2020
In the first quarter of 2020, more than one in five unemployed Czechs became economically inactive, reaching the highest rate ever. At the same time, the same number of unemployed…
Industrial Production in May Worse Than Expected
May’s industrial production figures showed factories slowly getting back to normal operation with a increase on the previous month. The scale of the task is, however, revealed by a year-on-year…
Is the Economy Past the Worst Or Is the Worst Still to Come?
Businesses are opening up again but many are still relying on government support to survive or at the very least keep unneeded workers on the payroll. On some measures 1…
Quarter of Czechs Will Visit Shopping Centers Less After the Pandemic
Around one quarter of Czechs are planning to visit malls less after the pandemic, and spend less when they do visit. This is primarily because the majority of Czechs have…