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Czech Republic


Sconto Furniture expands to Slovakia

Sconto Furniture, a Czech furniture retailer owned by the German group Hoffner, has recently expanded into Slovakia. The company’s first store in the country has recently been opened in Trnava. The two-storey ... more »
2010-03-09
 

Fewer modern retail format stores opened last year in Czech Republic

In 2009 retail chains operating in the Czech Republic predominately opened discounters and hypermarkets, whereas the number of supermarkets in operation remained at a level similar to that which was observed in 2008, ... more »
2010-03-01
 

Furniture production down by 16% in the Czech Republic in 2009

The value of furniture production in the Czech Republic declined in 2009 by 16% year on year to CZK 47.04bn (€1.8bn), according to data of the Association of Czech Furniture Manufacturers. Over the period the ... more »
2010-02-23
 

Kaufland doubles profit in the Czech Republic

Kaufland Czech Republic reported sales revenues of CZK 32bn (€1.2bn) in the financial year 2009 (started in March 2008 and ending in February 2009). It represents an increase of 3.4% on the previous year. Net profits ... more »
2010-02-12
 

Beer output in Czech Republic down 5% in 2009

In 2009 the output from Czech breweries fell to 18.8 million hl – a year-on-year decline of 5%. Beer exports in 2009 also declined, by 10% year on year, and amounted to 3.3 million hl, according to CTK and a preliminary ... more »
2010-02-08
 

Internet shopping becoming more popular with Czechs

During 2009 Czech customers were found to be more cautious with spending and tended to shop around for cheaper and more practical goods, according to Tomas Richter, CEO of the Kasa.cz and Obchodni dum.cz holding. The ... more »
2010-02-01
 

Ikea Czech Republic to invest in construction of its largest store in Europe

During the next two years Ikea Czech Republic plans to invest CZK 2.7bn (€104m) in the expansion of its business in the country. This investment includes the construction of the largest Ikea store in Europe, in ... more »
2010-01-22
 

OP Prostejov fights to maintain profitability

The Czech clothing producer and retailer OP Prostejov plans to close one-third of its 100 stores in order to maintain the profitability of the business. According to Hospodarske Noviny, the company conducted ... more »
2010-01-19
 

K Brewery announces takeover of Cerna Hora

The producer of traditional Czech beer, K Brewery, recently announced that it had signed an agreement to consolidate 100% in another medium-size brewer, Cerna Hora, according to Hospodarske Noviny. The total ... more »
2010-01-12
 
2010-02-01
 
2010-01-22
 
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