Central Europe's new Silicon Valley? US giant announces major investment in Czech town
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The highest investment by any company made into Czechia ever, the CZK 46 billion from the US manufacturer will go towards a semiconductor power plant.
Leader Talks: Concentrix Site Leader Lenka Tichá on how sales can create win-win situations
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The leader of a top customer experience (CX) company for Czechia and Slovakia discusses driving business success and the industry's future.
Tech startup becomes third Czech firm in history to reach unicorn status
A near-record investment round from hospitality-management firm Mews means that it joins Rohlík and Productboard as Czech companies worth over USD 1bn.
Pay raises or work perks? Czech companies to reward employees in 2024
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A survey has found that workers in Czechia will get a pay rise of up to 10 percent on average, with firms also offering other job-related benefits.
Hybrid work models are attracting seven times more candidates in Czechia
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A recent survey found that despite employers' push to return to the office, retaining talent may require adapting work models and office environments.
Starbucks has opened its first branch inside Prague Castle
The 54-seat cafe on the grounds of the UNESCO-listed monument is located near St. Vitus Cathedral.
Nearly half of all companies in Czechia to gift employees end-of-year bonuses
A new survey revealed that four out of 10 companies in the private sector will pay out a 13th salary to employees this year.
Gender pay gap disclosure looms for Czech companies, sparking controversy
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Anti-disclosure execs and politicians argue that the EU law could stir up trouble in the workplace and burden smaller firms.
Corporate giants ranked: Czechia’s most valuable billion-crown companies
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The study found that each business in the ranking had a valuation of over CZK 1 billion.
Real wages slump in Czechia for seventh consecutive quarter
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Despite a rise in nominal wages, high extant inflation is behind the decline in average salaries.
Czech authorities mull taxing foreign companies operating in Czechia
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Under the proposed bill, the state would collect between CZK 4 billion and 6 billion per year by taxing foreign-headquartered firms working in Czechia.
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Czech tech, media, and telecoms sectors most attractive to investors
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Though M&As are currently in decline, a stabler macroeconomic environment and a new tax on company sales in 2024 may cause an uptick in investor activity.
Czechia's major whistleblowing law comes into force on Aug. 1
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The new act will make it much safer to report employers' wrongdoings via the creation of an official, transparent channel to investigate complaints.
Czech Post announces additional layoffs
The Czech Post's cost-cutting measures include firing 250 more employees by the end of July.
Czechia ranks 10th in labor productivity growth among OECD countries
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Capital investment and better national infrastructure have spurred Czechia's boost in labor productivity in the last decades.
US firm acquires majority stake in Czech optics company for EUR 700 million
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The US-based Carlyle Group has made previous acquisitions in Czechia as it looks to expand its portfolio.
A company based in Czechia has been hit by new US anti-Russia sanctions
The U.S. Treasury Department has accused Versvet, based in Karlovy Vary, of assisting a Russian company evade trade restrictions.
