Industrial production and foreign trade continued to recover rapidly in July. Compared with last year, industrial production was still lower, but it is wiping out its losses faster than expected. The situation in the automotive industry has improved significantly, when production there fell just 0.7% yoy. The surplus in the balance of motor vehicles was even CZK 6.1 billion higher yoy. Among the published data, the construction was an outsider, falling more than 10% yoy.

Mathematics doesn't have to be scary. One way to make it more enjoyable for teenagers is the Mathman application. In a game designed by Jan Maloušek, a student of Brno University of Technology, the players have to help a superhero defeat monsters - by solving several tasks. With his application, Maloušek caught the jury's of the T-Mobile Rozjezdy competition attention and won one of this year's awards in the regional round in the South Moravian Region. The T-Mobile Rozjezdy competition helps start-up entrepreneurs.

The Court of Justice of the EU (CJEU) held that the amount paid by customers upon early terminations of contracts should be considered part of the price for services and thus subject to VAT. The CJEU based its judgment primarily on the recent Serviços de Comunicações e Multimédia SA (C-295/17 MEO) case.

From the Brno branch to the head of the team that takes care of the insurance of multinational clients around the world in less than seven years. Michal Holzer, the Global Services Director at RENOMIA, is a good example of the fact that if you have the talent and can succeed, your possibilities in this company are virtually limitless. Michal is a person who believes in the power of self-reflection, does not like routine procedures if they are no longer functional, is open to new things and is looking to work with people who want to develop further. He is not afraid to say that insurance is a sexy industry that will get you closer to almost every human field.