Hilarious Parenting Stories: Y Como Te Digo, Hijo…
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Colt CZ bought a Swiss manufacturer of ammunition and technology. Even with a number of patents
The arms group Colt CZ Group SE (Colt CZ) bought the Swiss manufacturer of ammunition and technologies for the armed forces, swissAA Holding AG. It acquired a 100% stake in the company, but did not disclose the value of the transaction. The acquisition was financed from the existing cash resources of Colt CZ, including funds […]
Tesla Model Y is the eighth most expensive in the world in the Czech Republic
Tesla’s Model Y is a global hit and is well on its way to being among the five best-selling models in the world this year. In the first nine months, more than half a million were sold worldwide. But there is one catch, the price varies by up to two times depending on the country […]
ČEZ will raise prices up to three times for clients whose fixation ends
At the end of the year, the long-term fixing of energy prices for several hundred thousand ČEZ clients will end. For some of them, the prices may rise up to threefold from the new year. So far, these clients have been paying less than the current overall average. CEZ CEO Daniel Beneš told Czech Radio […]
ČEZ is preparing to build the largest gas-fired power plant in the Czech Republic
The ČEZ energy group received approval in the EIA process for the construction of the largest gas-fired power plant in the Czech Republic with an electrical output of up to 1,000 megawatts. In the coming years, it should grow in the area of the Mělník power plant and should replace the current coal blocks, which […]
Kovanda: Don’t trust developers, they will eventually make even new buildings cheaper
As shown by the latest data from the residential market of the companies Trigema, Central Group and Skanska, the expected drop in the prices of new apartments in Prague did not occur and, according to the developers, most likely will not occur. But the developers will certainly not announce to the world that they expect […]
The slowdown in the construction industry continues, there are no orders, even DIYers are saving money
The rising prices of energy, materials, works and mortgage rates sent the domestic construction industry into a slump, construction production fell by almost three percent year-on-year in July. The slowdown is still not over – construction companies, including the smaller ones, report a drop in interest in contracts, and what’s more, according to the companies, […]
University canteens are becoming more expensive, boarders are decreasing
Lunch prices are rising in university canteens. The reason is mainly food prices. For example, at the University of Economics in Prague (VŠE), the price for a main meal in one of the canteens increased by six crowns before the holidays and by another three crowns since September, now it ranges between 88 and 108 […]
Savings accounts and interest at banks in the Czech Republic. Who offers the most?
Savings account rates in domestic banks have been rising in recent months. They practically doubled from last December to now. It is related to rising inflation and the subsequent increase in the basic interest rate of the Czech National Bank (ČNB), which is thus trying to slow down the rampant inflation. Which banks currently offer […]
Interest in mortgages is not disappearing only in the Czech Republic. Having your own apartment is an unaffordable luxury in the West
Due to rising interest rates, interest in housing loans is declining worldwide. In addition to the Czech Republic, the United States, Britain and even Slovakia also report declines. In June, Czech financial houses provided mortgages for 19.3 billion crowns, which is 65 percent less year-on-year. At the same time, the average mortgage rate reached five […]