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EC approves Czech factory funding 14 May 2007 |

The European Commission (EC) has approved a grant worth €111 million (£75.6 million) for the development of a new Hyundai Motor car manufacturing plant in the Czech Republic.... Read More
More tourist accommodation needed in Prague 07 Mar 2007 |
The Czech Statistical Office recently reported that the country's construction sector grew significantly last year, with Prague's suburbs seeing an increase in the number of apartments and new homes... Read More
Czech economy positive, says survey 21 Feb 2007 |
CVVR, the Czech public opinion research centre, has found that nearly three quarters of locals are optimistic about the current economic atmosphere in the country.... Read More
Czech holidays appeal to Dutch property investors 31 Jan 2007 |
Weekly magazine Tyden reports that increasing numbers of Dutch-based investors are buying property in the region because of the potential long-term gains and the favourable conditions.... Read More
Czech Republic ready to welcome 6.7m visitors 25 Jan 2007 |
Recent reforms by the Czech authorities have helped to encourage more foreign direct investment, with favourable tax legislation as well as changes to property legislation making it more beneficial... Read More
Czech budget 'key in economic reforms' 22 Jan 2007 |
Overseas property investment in the Czech Republic has been particularly strong, especially in the popular city of Prague. Recent changes to regulations surrounding the foreign ownership of property... Read More
Czech Republic 'increasingly popular holiday destination' 03 Jan 2007 |
This steady increase in tourist activity should come as good news to property owners in the country, as well as those hoping to invest in a home in the Czech Republic, as more holidaymakers mean a... Read More
Reform possible through Czech's 'strong economic growth' 13 Dec 2006 |
Since joining the European Union in 2004, the country has seen a sharp improvement in economic circumstances and could quickly develop into an ideal market for overseas property investors, with more... Read More
Foreigners flock to Czech Republic 12 Dec 2006 |
The first nine months of 2006 saw a strong increase in the number of people opting to move to the country. Foreigners now make up a total of 2.5 per cent of the country's population and provide... Read More
VAT 'to remain low' on Czech construction 06 Dec 2006 |
It is expected that the country's finance ministry will propose that the tax on housing construction remain at five per cent and should not be increased to 19 per cent, reports the Prague Daily... Read More
Polish retail market 'spurring construction' 17 Nov 2006 |
"The rapid pace of our development in Poland, where we have three Fashion House Outlet Centres, is a sign of the dynamism of the Polish retail market, which has always been at the forefront for... Read More
Prague's Luxembourg Plaza scoops award 14 Nov 2006 |
Pavel Klimes, development director at Orco Property Group, said: "We appreciate this award very much; it is clear evidence of the quality of our work. Luxembourg Plaza is a unique combination of... Read More
Foreign investment 'flooding' into Czech Republic 13 Nov 2006 |
In worldwide terms the Czech Republic came 20th in the list of countries who received the most FDI. The ten countries that joined the EU in 2004 received a total of $34 billion of FDI as a group. ... Read More
Czech Republic 'one of the safest' for road travel in EU 31 Oct 2006 |
EU membership has helped to boost investment in the Czech Republic and the country is enjoying a period of strong economic results as well as benefiting from a number of high-profile schemes.... Read More

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