A collection of 36 posts
Czech start-up Rossum will receive USD 100 million in venture capital from a consortium – including General Catalyst, one of the US’s biggest VC funds – to support its AI document-processing software. Rossum processes data and devises steps based on that content, reducing manual data entry work by 90%, according to
Czech politics is currently in a state of paralysis after President Milos Zeman was hospitalised on election weekend. The head of state officially oversees the handover of power after national elections in Czechia. However the 77-year-old fell ill after a meeting with Prime Minister Andrej Babis on Sunday. Instead of
Czechs voted for a conservative shift in last weekend’s elections on Friday and Saturday. The conservative coalition SPOLU (“Together”) formed by the Civic Democrats, Christian Democrats, and TOP 09 parties, narrowly beat the ruling ANO party of current prime minister Andrej Babis. His coalition partner Social Democrats and the
The Czech Republic’s Constitutional Court has ruled in favor of the Czech ticket seller Kiwi.com against Ryanair in a dispute over Kiwi’s practices for handling passenger data. The legal win is a boost for the Czech company amid tensions with Ryanair which have seen the carrier threatening
A new study finds that the Czech Republic still has the most favorable conditions for manufacturing among countries in Europe. Worldwide, the country ranks 5th, behind China, India, the United States and Canada. The result is derived from a study, entitled Manufacturing Risk Index, carried out by the real estate
The European Commission has approved the Czech Republic’s EUR 7 billion plan to recover from the pandemic and transform the country’s economy into one that is greener and more digital. The scheme will be financed from EU grants until 2026. Once the plan is also approved by EU