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Major Czech auto industry players are turning their attention to India, the daily Hospodářské noviny reported on Tuesday. The car industry in India has been growing at a record pace and the government there wants to triple car production by the year 2026.

The Czech Republic has the lowest jobless rate in the European Union with vacancies now outstripping the registered unemployed. But moves to attract workers from Ukraine are being hampered by red tape. That sparked a lightning visit last week by the Czech labour minister and a raft of reforms are now promised.

Prague’s stock exchange has had something of a roller coaster existence after it reopened in 1993, a few years after the fall of communism in 1989. It's now looking to boost its fortunes by raising cash for small companies.

Work on the most complicated section of a rail connection between central Prague and the city’s Václav Havel Airport can go ahead after the withdrawal of a petition against it lodged with the Office for the Protection of Competition, iDnes.cz reported on Thursday. However, it will still be several years before such a link is in place.

The British-based Vodafone Group has agreed to buy US cable operator Liberty Global’s operations in four European countries, including the Czech Republic. The deal, which is likely to bring a significant change to the Czech Internet market, is valued at 18.4 billion euros.

The ANO party which is trying to form a coalition government with the Social Democrats, with tacit support from the Communist Party, is preparing changes to the law on electronic cash registers introduced at the start of 2017 as a means of fighting tax-evasion. The third and fourth phase of the project, due to have come into force this year, had to be postponed after the Constitutional Court voiced reservations to some of the measures involved.

The head of the state-owned forestry company Lesy ČR, Daniel Szórád, has been sacked by the Minister of Agriculture in resignation Jiří Mílek. The reason? The continuing calamitous impact of bark beetle infestation in state forests and the former boss’s apparent inability to do something about it.

The Central Bohemian Office in charge of EU subsidies has called on the present owner of the Stork’s Nest Farm and Hotel Compound, Agrofert’s Imoba company, to return the disputed EU subsidy over which Czech Andrej Babiš faces charges of EU subsidy fraud. The company says it is consulting the request with lawyers.

Czech electricity producer and distributor ČEZ has announced a 17 percent drop in first quarter profits to 7.3 billion crowns. Turnover dropped by 14 percent to 45.4 billion crowns.

Penny Market is the first supermarket chain in the Czech Republic to sell bread made of cricket flour, news website Aktualne.cz reported on Wednesday.