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The average wage in the Czech Republic increased by 8.0 percent in the last quarter of 2017 compared to the same period in the previous year, according to the data released by the Czech Statistical Office on Friday.

Trade unions at the Czech Republic’s biggest exporter Škoda Auto have dismissed a pay rise offer put forward by management. Workers’ groups described the offer of a 4.3 percent increase in their basic salaries as derisive and are holding out for a double-digit raise.

Foreign–based mother companies of some of the Czech Republic’s biggest firms last year claimed the second highest dividend yield from their local assets ever, according to calculations by the business daily E15.

China’s ban on plastic waste imports has already impacted most European states and the Czech Republic is no exception. Plastic waste is ending up on waste dumps and an increasing amount of sorted plastic waste is being burnt in incineration plants together with mixed waste.

Canada is a massive player on the world aviation and aerospace markets and a delegation made up of some of that country’s top company representatives are now in the Czech Republic. They are trying to chart ways to boost two way production and research cooperation.

The British supermarket chain Tesco is selling its department store My in the centre of Prague, the Czech News Agency reported this week. According to the consulting company NSG Morison, its value is about 171 million crowns (nearly seven million euros).

Poland’s capital, Warsaw, will not get Czech trams as once expected. Originally, Škoda Transportation won a lucrative tender worth more than 16 billion crowns for some 213 trams. But it was cancelled last year as the city did not have enough funds to cover the costs.

The government is delivering on its promise to raise pensions, approving a bill to the pensions’ law which would gradually increase all pensions, but would primarily help people with low pensions and those aged over 85.

More and more Czech women are opening their own e-shops, according to a survey by the company Shoptet, providing a platform for some 13,000 online stores. Citing the findings, every sixth e-shop on average is owned by a businesswoman rather than businessman, Czech Radio reports. For many, opening an online store begins from a hobby, anything from clothing for pets, to doll collecting or board games. Gradually, their passion becomes their business.

On Thursday it will be six months since legislation took effect banning billboards from the side of major roads in the Czech Republic. However, to date only around a tenth of the hoardings in question have actually been removed.