News
Employers in Czech Republic may face new reporting obligations
Under the proposed amendment to the Czech Employment Act, employers will have to report:
- job vacancies, including information about such positions, within 10 days;
- employment, and changes to and termination of the positions of employees who are not participating in the sickness insurance scheme, within 8 days;
- the fact that they employ staff who are not participating in the sickness insurance scheme, within 8 days.
Erste Group expects economic upturn in 2021
- GDP growth rates seen between +3% and +6%, with Hungary posting region’s strongest upswing
- CEO Bernd Spalt: „We will experience an economic rebound in 2021“
- Insolvencies: only trailing effect, no insolvency wave
- Company outlook: lower risk costs, significantly higher profits
The voting for the 12th Act of the Year has begun. There are five nominees to choose from
For the twelfth time already, the expert public will be choosing the legislative act of the year. In the Act of the Year 2020 survey, the organisers are selecting the best legal norms with a positive impact on the business environment in the Czech Republic. This year’s edition includes 5 nominees. The voting continues until 11 April 2021 and the announcement of the results will take place online on 20 April 2021.
Educating women in tech: Q&A with Petra Kotuliakova
The CEO of Slovakia’s Aj Ty v IT explains how her company motivates and supports women in tech
Winner of the Tech Inclusion Award at the 2020 European Tech Women Awards, Petra Kotuliakova has dedicated the last nine years of her life to educating and empowering women to join the IT/tech industry. Petra is CEO and Founder of Aj Ty v IT (“You, too, in IT”), a Slovak nonprofit organization started in 2012 with a mission to promote more inclusivity for women in the tech field. In addition to educating women and girls, Petra is networked with Slovakia’s top tech companies so she can graduate her students immediately into successful careers.
Czech economy performed better at the end of 2020
The Czech economy grew by 0.6% in the last quarter of 2020 despite the second wave of Covid-19. Exports supported the economic expansion, confounding markets which had expected a contraction. We remain optimistic about a recovery in the second half of the year, despite the current worsening of the pandemic and third Covid wave
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- Government as a Competitive Advantage, including Digitization
Advocacy Priorities for 2023
Technology, People, Infrastructure
Actions Recommended in Areas:
1. Establishing Policy Objectives for Research.
2. Research Investment and Cooperation. Big Bets (Key Technology Projects).
3. Establishing Databases for Tracking Public Policy Outcomes.
4. Public Procurement as an Innovation Tool.
5. Immigration of STEM Talents.
6. Digitization of Immigration.
7. Adult Reskilling and Upskilling.
8. Digitization of Land Use.
9. Infrastructure Development, including Technology Parks.
Read the documents in English and Czech.
Policy pipeline
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.