In the telecoms sector, the Czech Republic has not looked like a model market as far as giving the customer a better deal. But there are signs that the squeeze is being put on some of the big operators on the market and they are being forced to make changes. T-Mobile has just wrapped up its latest step and its peers are likely to follow suit.
Long an engine of the economy, car production decreased slightly in the Czech Republic in 2013 when 1.13 million vehicles rolled off the production line. But this year the industry is revving up again, as reflected in the fact that one of the country’s big three producers, TPCA – a joint operation of Japan’s Toyota and the French company Peugeot-Citroen – has been taking on more workers as it introduces new models.
A conference in Prague this week reviewed the exit possibilities from the current energy crisis in Europe. The conclusions were not very positive with major power companies now staring at a scenario where they are undermined by ever increasing amounts of renewable power on one hand and undercut by state payments in some countries to keep costlier power plants on standby.