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Grant Thornton has participated in 4 of the 5 smart grids projects on the list of Projects of Common Interest. This is a tremendous achievement, says Zbyněk Bolcek

Grant Thornton has participated in 4 of the 5 smart grids projects on the list of Projects of Common Interest. This is a tremendous achievement, says Zbyněk Bolcek

The List of Projects of Common Interest is being published by the European Commission since 2013. The list brings together projects with significance that goes beyond the borders of the individual Member States and with a crucial role in meeting the…
WHITE PAPER: Czech Republic plans to use EU money to cover railway corridors with 5G mobile signal

WHITE PAPER: Czech Republic plans to use EU money to cover railway corridors with 5G mobile signal

The neighbouring countries in the EU have been investing significantly in improving mobile data connectivity in remote locations. The Czech Republic is preparing to use a similar European programme to improve the coverage of railway corridors with…
Further increase in CNB interest rates

Further increase in CNB interest rates

The Board of the Czech National Bank has decided on the following interest rates effective from 5 May 2022: the two-week repo rate has been raised from 5 % to 5.75 %.  the Lombard rate has been raised from 6 % to 6.75 %,    and the discount rate…
Revision of the milestones and targets of the National Recovery Plan

Revision of the milestones and targets of the National Recovery Plan

The European Commission approved the National Recovery Plan (NRP) for the Czech Republic on 19 July 2021. The Czech Republic has been allocated a total of CZK 180bn from European resources for the period of 2021 – 2026.  The National Recovery Plan…
Investing in esports in the context of recent events

Investing in esports in the context of recent events

Esports, or electronic sports, involve competitive gaming primarily on computers, mobile phones or game consoles. Two or more players compete solo or in teams in online or LAN tournaments, usually in stadiums or concert halls. In practice, these…
CNB interest rates – further increase

CNB interest rates – further increase

The Board of the Czech National Bank has decided on the following interest rates effective from 1 April 2022: the two-week repo rate has been raised from 4.5 % to 5.00 %.  the Lombard rate has been raised from 5.5 % to 6.00 %,    and the discount…
Grant opportunities for entrepreneurs and the public sector

Grant opportunities for entrepreneurs and the public sector

This year will indeed be very generous in the amount of subsidy support for entrepreneurs as well as the public sector, in the areas of energy savings, photovoltaics, hydrogen technologies, infrastructure, digitalization, innovation and other.…
Investment incentives - Change in the amount of regional support from year 2022

Investment incentives - Change in the amount of regional support from year 2022

Last October we informed you about the new Regional Aid Map valid for the period 2022-2027 approved by the European Commission in July 2021. On 15 November, this new map was also approved by the government of the Czech Republic by issuing Regulation…
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