The Czech unemployment rate stagnated in August and the number of vacancies increased further to a new record high. However, we think unemployment has reached close to its lowest point 

Weak economic indicators, uncertainty surrounding Brexit and growing protectionism in global trade have contributed to a shift in sentiment in the M&A community and the beginning of a downturn in dealmaking activity, according to the seventh edition of the European M&A Outlook, published by CMS in association with Mergermarket.

The biggest challenge for private companies in Central and Eastern Europe is the growing lack of skilled people and talents which would grow their business. This is the results of a survey conducted by PwC, which interviewed the management of 600 privately owned companies in 15 countries of the region. A quarter of respondents reported that they see more than 5% of profits loss due to lack of workforce. PwC estimates that talents shortage cost private companies in the region EUR 358 billion per year. So more than the GDP of Croatia, Hungary and Slovakia combined. Czech companies then lose EUR 11 billion. The most lacking proffesions are technicians, traders and engineers.

CTP announced that it will complete CTPark Bor in the next five years, creating the largest industrial park in the Czech Republic with an area of ​​600,000 m2.