Ten months after a new law on allergy labelling went into force, a third of Czech restaurants and delis are still failing to fully comply with it. The Food Inspection Office says that 37 percent of restaurants and eating places recently inspected either failed to provide the respective information on their menus or only gave it on request.
Czech carmaker Škoda Auto, which belongs to Volkswagen AG, says 1.2 million of its vehicles were equipped with the TDI engine that manipulated emissions data in the years between 2009 and 2013. Škoda Auto spokesman Jozef Baláž told Czech Television on Monday that Volkswagen would repair all affected models and fully cover the cost. He stressed that all the vehicles were perfectly safe and functional.
The Czech National Bank has been forced to bring out its heavy weapon, in the form of currency interventions, in the last months to keep the crown below its ceiling. But lower inflationary pressure than expected now means that the speculators who bought up the currency on the hope of quick gains now appear to be quitting their crown positions. That means the pressure could be off the crown and the bank for the forseeable future.
The Třinecké železárny steelworks has won a lucrative contract worth 15 billion crowns for a project of railway route construction in Azerbaijan, the company’s CEO Jan Czudek revealed on Wednesday after a visit by the Czech head-of-state Miloš Zeman. The president reportedly helped seal the deal during a recent visit to the former Soviet country.