Around eight million foreign tourists came to the Czech Republic last year, 3.5 percent more than in 2013, according to freshly released figures from the Czech Statistics Agency. There was a marked decline in visitors from Eastern Europe but that fall was offset by a jump in travelers from China and South Korea. The overall upswing has been chiefly attributed to the weakness of the Czech currency, the crown.
The diversified business empire of Karel Komárek is having its fair share of problems from being frozen of the Russian oil business to failing to make the hoped for impact as a gas and electricity retailer on the Czech market. In adversity comes opportunity might be the new catchphrase for his optimistic managers.