31.10.07 17:21 Filed in: The Prague Post EU ruling gives Porsche green light to take over Volkswagen A recent ruling by the European Union’s highest court has cleared the way for the sports car manufacturer Porsche AG to take control of Volkswagen, Europe’s largest automaker. The ruling, issued by the European Court of Justice Oct. [...]
23.01.08 17:18 Filed in: The Prague Post The complex and variable tax regime of the Czech Republic has become a black mark on the country in the eyes of corporate investors. That’s the conclusion of a recent Europe-wide survey that ranked the Czech Republic third to last in the overall attractiveness of its corporate tax [...]
ČR’s top businesswoman looks to unite chambers Magdalena Souček is an avid golfer, but she hardly finds time to play a round these days. Golf courses aren’t the best place for discussing business anyway, she says. “Although women are supposed to be good at multitasking, when you’re really playing golf, you have to concentrate,” she [...]
27.02.08 15:40 Filed in: The Prague Post Chilean acquisition secures firm’s supply of pears, grapes The Rudolf Jelínek distillery is moving some of the production of its pear brandy a bit further west from its operations in south Moravia — to South America. The Czech distiller, which has recorded strong sales in the U.S. market, [...]
There’s no surer sign of the country’s increasing integration into the global economy than this: China’s newfound zest for milk and a drought in Australia have caused a recent uptick in dairy prices. “Production of milk has dropped not only in Australia, but also in Argentina and Brazil,” said Michal Němec, director of the Bohemian-Moravian [...]
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