Regional Airport Update: South Bohemia’s New International Airport and Challenges for Czech Regional Airports

Regional Airport Update: South Bohemia’s New International Airport and Challenges for Czech Regional Airports

TOPIC 🛩️ Regional airport – luxury for all money After years of preparation, the Czech Republic has a fifth international regional airport. On Wednesday, a Boeing Smartwings airline took off from the former army airport in České Budějovice on a charter flight to Antalya, Turkey. Four long years after the completion of the reconstruction of … Read more

The Impact of the Karlovy Vary Film Festival on Local Businesses

The Impact of the Karlovy Vary Film Festival on Local Businesses

Traditionally, Karlovy Vary hoteliers can be the most satisfied during the festival. The accommodation capacity is always full long before the start of the festival. “During the film festival, we have an occupancy rate of 95 percent on average,” Jana Homolová, marketing manager of the Iris Hotel, told E15. Similar occupancy during the E15 festival … Read more

Debate: Pfeiler vs. Semotan – A Bet on the Future of the S&P 500 Index

Debate: Pfeiler vs. Semotan – A Bet on the Future of the S&P 500 Index

Against Pfeiler’s persistent skepticism regarding investor judgment, in the first part of the series, the editors of E15 pitted the optimist and portfolio manager in one person, Michal Semotan from J&T investment company, as an opponent. The two gentlemen made a big bet for a bottle of expensive red. While Pfeiler expects the S&P 500 … Read more

Price Competition and Challenges in the Construction Industry

Price Competition and Challenges in the Construction Industry

The situation mainly concerns those companies whose business is linked to the construction of apartments and offices. The price fight for contracts is confirmed by the developers themselves: “Right now we are selling apartments in the Výhledy Barrandov II project, which is a contract worth several hundred million crowns. In the tender that we put … Read more

Recent Business News in the Czech Republic

Recent Business News in the Czech Republic

Wholesale prices have enabled some electricity suppliers to adjust price lists downwards several times. According to analysts, the trend may continue in the future. Already today, customers can secure unofficial, more favorable tariffs from many suppliers, all they have to do is ask for them in the same way as, for example, from mobile operators. … Read more

“Domestic photovoltaic power plants face challenges: Consumer protection concerns and rising installation costs”

“Domestic photovoltaic power plants face challenges: Consumer protection concerns and rising installation costs”

Many customers will lose out on the current wave of interest in domestic photovoltaic power plants. The boom is pushing installation prices up, and solar system suppliers often make unfulfillable promises to customers. This was agreed by the participants of the Energy Prices: Consumer Protection in the Time of Energy Crisis conference organized by the … Read more

Alican Emiroğlu on the Future of Electrification and Mobility at Volvo

Alican Emiroğlu on the Future of Electrification and Mobility at Volvo

We meet Alican Emiroğlu on a sunny Friday in March at the headquarters of the brand’s importer in Čestlice near Prague. Alican is bringing the company’s plug-in hybrid X60 Recharge to the photo shoot. “When I’m in the city, I switch to pure electric mode, current technology allows over 70 kilometers on electric drive,” he … Read more

Where is the housing market headed? The scenario from the financial crisis is not repeated, but the developers are dangerously holding back

Where is the housing market headed?  The scenario from the financial crisis is not repeated, but the developers are dangerously holding back

After years of prosperity and seemingly insatiable demand, even developers in Prague found themselves in a difficult situation. The housing market has frozen due to expensive mortgages, while construction costs have skyrocketed due to inflation, expensive energy and more expensive bank financing. The result: the biggest players on the market are suspending projects, or at … Read more

Dedoles owes hundreds of millions. It is closing physical stores in the Czech Republic

Dedoles owes hundreds of millions.  It is closing physical stores in the Czech Republic

Slovakian seller and manufacturer of underwear, socks and other clothing Dedoles has been facing existential problems since the spring, which have led to the dismissal of employees. Following the acquisition of creditors’ claims, the company is forced to undergo a restructuring. Early in the process, it is revealed that Dedoles owes suppliers hundreds of millions … Read more

Orsay is far from the only one. Well-known clothing brands are disappearing from the Czech Republic

Orsay is far from the only one.  Well-known clothing brands are disappearing from the Czech Republic

According to Forbes, the German retail chain with women’s fashion Orsay, which has been operating on the Czech and Slovak markets for almost 25 years, is negotiating the sale of its activities in both countries. For almost a quarter of a century, the fast fashion brand Orsay has a total of ninety stores on the … Read more