Posts Categorized: Business

Lessons Learned, Czech Banks Thrive

International Herald Tribune Stable and profitable are not adjectives often used recently to describe the state of Europe’s banks. In the Czech Republic, however, a rigorous and unified financial market supervision system — and lessons learned from banking troubles a decade ago — have laid the foundations for a healthy sector. “The industry is in… Read more »

Free European Tool Enables Independent Journalists from Yemen to Brazil

European Journalism Centre “Gee, wouldn’t it be nice if small media organisations had access to the same tools as the big boys?” With that inspiration, Newscoop was born. A content management system, or CMS, that tries to take into consideration the uniqueness of a newsroom, it wants to make web publishing easy and cost-effective. Newscoop… Read more »

Not so open, not so smart in Prague

Business New Europe A fairly straightforward smart card scheme by the city of Prague has become emblematic of the corruption and cronyism that exists between Czech state institutions and business. Yet on August 8 the anti-corruption police referred five individuals to the Prague state attorney office for charges, raising hopes that at last some transparency… Read more »

INTERVIEW: Tiring of corruption in the Czech Republic

Business New Europe Slovak businessman Andrej Babis has a bit of a melancholy air about him. He’s casually dressed in a nice-looking suit, but there’s a weariness that shouldn’t be there at 9:00am. Granted, he’s already had at least one business meeting that morning, but one gets the impression the state of the Czech Republic… Read more »

Belene’s long goodbye

Business New Europe For something that’s been on the drawing board for almost 30 years, the Belene nuclear power plant project was never going to die quietly or quickly. This is a shame, say many analysts, because the country needs to talk about energy efficiency and diversification, rather than waste more time on a project… Read more »

To Czech Industry, Everything Is Nano

International Herald Tribune Nanotechnology is a young but rapidly developing field that exploits the strange physical properties possessed by microscopic particles about one 800th the thickness of a human hair. The high surface area of a nanoparticle relative to its weight and volume makes it behave differently from larger masses of the same material. Over… Read more »

A Slovakian Start-Up Looks to Cable for Its Media Model

International Herald Tribune Piano Media, a small Slovakian start-up that begin in May last year, has lofty ambitions to transform online media publishing. Offering online publishers a way to monetize their Web content, Piano brings individual publishers together into one payment system, giving viewers a way to pay once to access exclusive content across a… Read more »

Czech the food label

Business New Europe Slow food, go local, agri-chefs – food trends are all about eating from your own backyard. In the Czech Republic, the movement is no different, with 47% of Czechs preferring domestic goods to imported ones, according to a 2011 survey by research group MML TGI. But with heavy supermarket competition, recent media… Read more »

Prague’s housing glut: legacy of 2008

Financial Times With a glut of new apartments saturating Prague’s residential market, you might think the city’s developers would be exercising their marketing skills to sell existing stock, some of which has been languishing unsold for nearly two years. But according to recent research by Ekospol, a developer, the Czech capital could see another 20,000… Read more »

Prague’s residential glut grows

Business New Europe With a glut of new apartments saturating Prague’s residential market, one might assume that the city’s developers would be exercising their marketing skills to sell existing stock, some of which has been languishing unsold for nearly two years. But according to a recent research report by Ekospol, the Czech capital could see… Read more »