http://www.businessinfo.cz BusinessInfo.cz - The Official Business Web Portal cs http://www.businessinfo.cz/en/article/czech-republic-business-news/new-int-centre-applied-medical-research/1001536/63774/?ctrss=2007 A new international research and educational centre focused on Cardiology and Neurology is being built in Brno with financial assistance from the European Union. The Centre, which will cost CZK 4.5 billion (approximately EUR 180 mil. or USD 240 mil.) to build and operate for the first 10 years, is a strategic project of the Czech government and will be fully operational in late 2012/early 2013, although the majority of research and educational programmes have already started. 2012-04-21T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/competitiveness-information-communicatio/1001536/63768/?ctrss=2007 The Czech Republic, just as other countries, could not stay unaffected by the current economic problems provoked by growing uncertainties of the financial system and the subsequent global economic difficulties. Disregarding the fact that, according to the estimates of the Ministry of Finance of CR, the efficiency of the Czech economy in 2011 increased by 1.8 per-cent , in 2012 it is expected to be stagnant, with only a moderate 0.2 per cent GDP growth.  2012-04-20T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/reducing-administration-is-necessity/1001536/63766/?ctrss=2007 Minister of Industry and Trade of the CR Martin Kuba explains how the Ministry wants to help entrepreneurs decrease the excessive administrative burden, what are the objectives of the Export strategy and how the Ministry sees the domestic power industry in 30 years. 2012-04-19T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/economy-still-driven-by-exports/1001536/63767/?ctrss=2007 2011 was a year of escalation of the European debt crisis. Besides peripheral countries such as Greece, Ireland, and Portugal, states important for the system, such as Italy and Spain, also faced debt problems on governmental level. The crisis of European government bonds started to negatively affect the health of the European financial sector and subsequently also the growth performance of the eurozone, our number one trade partner. 2012-04-18T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/macroeconomic-forecast-april-2012/1001536/63739/?ctrss=2007 The Financial Policy Department of the Czech Ministry of Finance publishes quarterly macroeconomic forecasts containing forecasts for the current and the following years (i.e. till 2013) and outlooks of some indicators for 2 years (i.e. till 2015). 2012-04-14T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/czech-cities-regions-rank-highly-fdi/1001536/63725/?ctrss=2007 According to the European Cities and Regions of the Future 2012/2013 ranking compiled by the prestigious British fDi Magazine, Czech cities and regions are very well positioned in terms of supporting foreign direct investments. Brno, Ostrava and Cheb ranked in the top ten Eastern European cities with the best investment support. 2012-04-09T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/a-new-cooperation-field-of-nanofibres/1001536/63675/?ctrss=2007 A new cooperation between the Czech company Nafigate and the National University of Singapore will develop next generation green packaging materials that allow more environmentally-friendly medical, food, and beverages packing. 2012-04-02T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/major-amendment-public-procurement-act/1001536/63674/?ctrss=2007 A far-reaching amendment to the Public Procurement Act (act No. 55/2012 Coll.) came into force on 1 April 2012. It is the result of several years of legislative efforts, and comprises a complete overhaul of existing public procurement concepts, but it has also introduced completely new institutions. 2012-04-01T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/toll-payments-in-2012/1001536/63604/?ctrss=2007 From 1 January 2012, the toll payments on motorways, expressways and selected class 1 roads will newly apply for vehicles weighing more than 3.5 tons in the emission classes Euro 0 to Euro IV. As for vehicles within the emission class Euro V and higher, the toll stays the same as in 2011. The price of the motorway coupons for vehicles under 3.5 tons has also been increased. 2012-03-25T00:00:00+01:00 http://www.businessinfo.cz/en/article/czech-republic-business-news/new-tax-reform-in-the-cr/1001536/63603/?ctrss=2007 The tax reform adopted by the Czech Parliament in autumn 2011 amends key tax, insurance and other legal norms in the Czech legislation. In total, it concerns seventy acts and regulations. The tax reform becomes valid on 1 January 2012 but it will be effective from 1 January 2014. 2012-03-24T00:00:00+01:00