The Czech Republic's second largest city, Brno, is preparing for massive redundancies at several local companies. Although the lay-offs are expected to cost thousands of jobs in a city of half a million people, the local authorities say they they will have little chance of finding new jobs unless a new strategic investor arrives. Vladimir Tax has more.
The trade minister of the state of Florida and the president of Enterprise Florida, John C. Anderson, recently visited the Czech Republic to offer Czech companies investment and trade opportunities in Florida, the state with the fastest growing economy in the United States, and to sign a memorandum on cooperation with the Czech government's export support agency, CzechTrade. I spoke to Mr. Anderson as well as to the director of CzechTrade, Martin Tlapa, about the business opportunities Florida has to offer to Czech firms.