By Helena Horska, Raiffeisenbank a.s. Czech Republic, Gunter Deuber and Matthias Reith, RBI, Vienna | COVID-19 infections are spreading globally and exponentially. In developed countries, incl. the Czech Republic, a crisis of healthcare systems seems imminent. As a result of containment measures and growing effects of the virus, we also see an existential economic crisis […]
By Veronika Nováková, Raiffeisen Bank Czech Republic | They stay devoted to their craft, respect it and are not afraid to experiment. They combine traditional Bohemian hand-blown glass with modern technology and design. Lasvit’s vision is to be the world’s most inspiring glassmaker. Read our interview with the firm’s partner and co-founder Aleš Stýblo and […]
By Michael Heller, RBI | After several years of stagnation at the aftermath of the great financial crisis, residential real estate prices in the Czech Republic began to recover in mid-2014. Meanwhile, the pre-crisis peak levels have been surpassed by more than 10% in real terms, representing the strongest upswing in the CE-region (see chart […]
Veronika Nováková, Raiffeisenbank a.s. Czech Republic| Over two and a half kilograms of twenty-four carat gold was used to plate the roof of the National Theatre, thus nicknamed the Golden Chapel. It is a symbol of national identity and a space for free artistic creation. It is also a venue that requires specialists such as […]
By Gunter Deuber, RBI and Helena Horska, Raiffeisenbank a.s. Czech Republic | Key leading indicators point to a slower and more uneven economic growth in 2019/2020. Therefore, we see a growing interest in the question of which countries and/or economic areas have sufficient buffers if a new and more severe downturn could set in. Traditionally, […]
Veronika Nováková, Raiffeisenbank a.s. Czech Republic | Visitors to the Czech Republic rarely fail to taste Czech beer, as it is one of the traditional symbols of the country and beer tasting therefore is on the „must do“-list of most tourists. However, you don’t need to stick to just drinking beer, you can also bathe […]
By Veronika Nováková, Raiffeisenbank a.s. Czech Republic | Loved in Czechia, exported to our neighbours and loved in Asia, Australia or America. Originally, frgál was the nickname for a kolach, a type of pastry with fruity or fresh cheese filling and raised edges, which was ruined by a housekeeper during the baking process sometime in […]
Frantisek Taborsky, Macroeconomic Analyst at Raiffeisen Bank, Czech Republic, talks about the economic development, the outlook for 2019 and surprises on the Czech market. Maybe you are interested in…
By Veronika Nováková, Raiffeisenbank a.s. Czech Republic | Martin Stotter certainly isn’t hesitant about crossing borders to accept an attractive job offer. It’s quite the opposite. As a board member of Czech Raiffeisenbank, a member of the RBI Group, he has already been working abroad for several years. His journey began in the banking sector […]
In January, the Discover CEE spotlight is on the Czech Republic! Watch out for several blog posts on Czech business, culture and success stories. Today, we have the most interesting economic data and cultural facts about the Czech Republic at a glance for you. The fact sheet is also downloadable in print version. […]
By Gunter Deuber, RBI | Current data for the CEE banking markets confirm a clear (positive) correlation between market penetration via conventional banking products and digital channels. From a regional perspective (i.e. within the subregions of Central Europe, Southeastern Europe and Eastern Europe), the Czech Republic, Croatia and Belarus are the respective markets with the […]
Veronika Novakova, Raiffeisenbank Czech Republic | Alza.cz, the largest online retailer and recognized market leader in online sales in the Czech Republic and Slovakia, has recently opened its branch in Austria. Its main objective is to address customers with high quality goods and a wide range of services. We asked commercial manager Petr Bena in which […]