The biggest player in Czech cyberspace, the local search engine and website Seznam.cz, increased its revenues to three billion crowns this year, compared to 2.9 billion in the previous year. The most popular Czech search engine expects to post a final profit of 930 million crowns for the whole of 2014, Seznam’s general manager Pavel Zima told the Czech News Agency on Thursday.
Black Friday, a day of discounts immediately after Thanksgiving intended to boost sales in the pre-Christmas period, has spread beyond America’s borders, with the UK in particular experiencing shopping fever at the end of last week. The sales drive has also reached the Czech Republic, though there were no scenes of customers coming to blows over TV sets; in this country Black Friday overwhelmingly concerns online retailers.
In Business News this week: Czech Republic fails to use 12 billion crowns in EU subsidies in 2013; Czech household debts are steadily increasing; Aero Vodochody was ninth fastest-growing aircraft producer in world last year; investment group PPF reportedly planning to take over country’s biggest private chain of medical facilities; and Czech online retailers offer discounts on Black Friday.
Last week, the governments of EU countries, including the Czech Republic, unanimously approved a new law to cut down the number of plastic bags by 80 percent within the next ten years, with the aim to curb litter on land and in seas. A small non-profit organisation in Prague, called Bezobalu or Unpackaged, is already doing its share in the fight against excessive use of plastic. The group has recently opened a shop in the centre of Prague, where you can only buy unpackaged goods and take them home in your own containers.
In the past, ads which have “won” Sexist Piggy Awards have been largely commercial in nature: scantily-clad women draped over cars or propping up chainsaws or other power tools. While this remains true even now, participants and the jury in this year’s sixth inception noted that exploitative motifs had surfaced in the field of politics. This year’s “winner” is none other than a local branch of the Social Democratic Party, while a student-produced ad for a university, featuring sex in the bathroom, came second.
On a state visit to Kazakhstan Czech President Milos Zeman said the country had achieved an economic miracle since his last visit as prime minister in 1999 and offered considerable potential for economic cooperation. President Zeman who is accompanied by a group of Czech business leaders, including Škoda representatives, the heads of engineering firms and bankers, aims to boost business ties especially in the areas of energy, engineering and infrastructure. During talks with his Kazakhstani counterpart Nursultan Nazarbajev, President Zeman said he would push to simplify the visa procedure for Kazakhs travelling to the Czech Republic.
Czech companies have scored pretty high in a global survey on their openness to innovation and ability to push through new products and processes. But they still have some significant weak points and the government too is attempting to up its game so that it can give a better lead on where to channel state funds and what to expect from the investment.
Jana Ciglerová: Americans say their lives are fantastic, Czechs say everything is terrible – neither is true
“There is good, better and then there is the USSR.” – New book depicts life in communist Czechoslovakia through memories of people who experienced it
CzechTourism head hints attracting tourists no longer agency’s main goal
Minister: Czech Republic won’t take in 40 child refugees from Greek camps
Screenshot: a hybrid English-friendly Prague art-house cinema where screenings are events