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The Czech company Tatra Trucks will supply 328 chassis for military vehicles in a deal worth more than CZK 1 billion, the Kopřivnice based manufacturer announced in a press release on Friday. The company says that the deal, its largest this so far this year, could be developer further.

During the first half of 2019, the Czech Republic registered a three year low in the amount of new companies being set up, data from the website Bisnode shows. A record amount of businesses, 7964, was also shut-down during the same measured period. Overall, the number of companies registered in the country grew to just under 450,000.

The average apartment in the centre of Prague is not only far more expensive than a comparable flat other central European capitals, such as Bratislava or Warsaw, it is approaching that of Berlin.

A major increase in electric cars driving on Czech roads is expected in the coming years, with some experts predicting up to a quarter of a million electricity powered cars will be in the country by 2030. A gradual increase in the number of these vehicles will start next year, with the country’s largest car manufacturer Škoda planning on selling around 2,500, news site iHNed reports.

The present level of digitization in public administration will be woefully inadequate in three to five years according to a survey among its employees conducted by CEEC Research. They are calling for faster progress in the field, with greater coordination and interconnectedness of the system.

Biotech companies within the PPF Group, controlled by Czech billionaire Petr Kellner, are reporting advances in efforts to extend the lives of cancer patients. The companies Sotio and Cytune Pharma announced on Thursday that they had started the first trial dosing of cancer patients with SO-C101, a superagonist fusion protein of interleukin IL-15.

The Czech lottery company Sazka Group has submitted a bid to buy out the remaining shares in the Greek company OPAP, which going by revenue is the fourth largest betting company in Europe.

The Czech Republic’s year-on-year industrial production figures grew by 3.2 percent in May, 0.1 percent less than in the previous month, according to figures released by the Czech Statistics Office on Monday. The main drivers of growth were the automobile industry, as well as plastic and energy production. The country’s foreign trade surplus experienced a year-on-year rise of CZK 17.2 billion, reaching CZK 24.4 billion.

This June, 926 personal bankruptcies were officially registered in the Czech Republic, a drop of 341 from May and the lowest number in any month this year. But overall personal bankruptcy filings have risen to 2,227, the highest number since 2013, according to data from CRIF – Czech Credit Bureau.

Czech municipalities have become adept at managing their finances, suggests a study carried out by credit rating agency CRIF and cited by the news website iDnes.cz. The country’s local authorities as a whole have been in the black for the last eight years and no less than CZK 125 billion crowns lies in their collective bank accounts.