900px-Flag_of_the_Czech_Republic.svg Czech Republic

Political system

Czech Republic has existed as indenpendent state since 1 january 1993. Czech Republic is succesor of Czechoslovakia federation. The system is parliamentary-cabinet with rather weak position of the President of the Republic. Constitution secure the basically human rigts by it’s integral part the card of basically human rigts.

Parliament of the Republic

The Parliament consists from two parts Poslanecka Smenovna (Deputy Chair) and Senat. Deputy chair is choosing for 4 years. Deputy Chair enacment the most important law. Senat is choosing for six years. Now, there are seven parties in Deputy Chairs: CSSD, ANO 2011, TOP 09, KSCM, KDU-CSL, ODS and Usvit. Senat only confirms Deputy Chair law. Senat also confirms election of judges of Constitutional Court. Senat can’t be dissolve.

Government

What is typical for parliamentary-cabinet system government of Czech Republic execute executive power and coordinate state adminstration. Goverment can be dismissing by parliament. Bohuslav Sobotka (CSSD) is the prime minister of Czech Republic since the last year parliamentary election.

President

President is the symbol of Czech state. He has a veto rigt against parliamentary law, besides constitutional law. He is representative of the Czech state in foreign relations. Since 2013 president is choosing in the direct election. The first Czech direct presidential election in march 2013 won Milos Zeman leftish politic former prime minister and leader of CSSD.

Constitutional Court

Constitutional Court is the guard of constitution. The judges are choosing for ten years by the president of the Republic with confirmation of the Senat. The Constitutional Court control accord between law and constitution.

Supreme Court

Supreme Coort is the highest court with control correctness of the judiciary.

Parties

ČSSD – Česká strana sociálně demokratická

CSSD National name:  ČSSD, Česká strana sociálně demokratická English name: Czech Social Democratic Party Established: 1989 Leader: Bohuslav Sobotka Political...

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ANO 2011 – Akce nespokojených občanů

National name:  Akce nespokojených občanů English name: Action of Dissatisfied Citizens Established: 2012 Leader: Andrej Babisz Political group in European...

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TOP 09 – Tradice Odpovědnost Prosperita

National name:  Tradice Odpovědnost Prosperita English name: Tradition Responsibility Prosperity Established: 2009 Leader: Karel Schwarzenberg Political group in European Parliament:...

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ODS – Občanská demokratická strana

National name:  Občanská demokratická strana English name: Civic Democratic Party                     Established: 1991 Leader: Petr Fiala Political group in European Parliament:...

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KSCM – Komunistická strana Čech a Moravy

National name:   Komunistická strana Čech a Moravy English name: Communist Party Bohemia and Moravia Established: 1989 Leader: Vojtěch Filip Political...

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Latest polls

28%% ANO
27,5%% ČSSD
14%% KSČM
9,5%% TOP 9
7,5%% ODS

Macroeconomic data

  • GDP Q/Q:

    2013 Q1: (-) 0,6%

    2013 Q2: (-) 1%

    2013 Q3: 0,2%

    2013 Q4: 0,4%

    2014 Q1: 1,5%

    2014 Q2: 0,8%

    2014 Q3: 0,3%

  • GDP/Capita:

    2010 – 27,100 USD

    2011 – 27,500 USD

    2012 – 27,000  USD

    2013 – 26,300 USD

  • Inflation Rate (Y/Y):

    June 2014 – 0,4%

    July – 2014 – 0.0%

    August 2014 – 0.5%

    September –  2014 – 0.6%

    October 2014 – 0.7%

  • Budget deficit:

    2010 –  4,7%

    2011 –  3,2%

    2012 –  4,2%

    2013 – 1,44%

  • Public debt:

    2010 – 38.9%

    2011 – 41.2%

    2012 – 45.7%

    2013 – 48.8%

  • Unemployments (monthly):

    2014-01 – 8,63%

    2014-02 – 8,58%

    2014-03 – 8,34%

    2014-04 – 7,88%

    2014-05 – 7,37%

    2014-06 – 7,44%

    2014-07 – 7,37%

    2014-08 – 7,3%

  • Export netto / GDP:

    2009 – 57.5 %

    2010 -65.3 %

    2011 – 70.9 %

    2012 –76.6 %

    2013 – 77.0 %

Media

Television in Czech Republic

  Private television broadcasting: TV NOVA – Commercial television network which has the greatest audience – almost 45 %. It...

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Newspapers in Czech Republic

  Blesk - One of the most popular and circulated Czech newspapers. Leading media corporation in Czech Republic Ringier AG...

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Magazines in Czech Republic

  Týden (Week) – The most popular weekly Czech magazine. The current owner of magazine is Polish entrepreneur  with Swiss...

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Radio in Czech Republic

  Public radio stations: Broadcaster of public radio in Czech Republic is Český rozhlas. 19% of radio listeners are listening...

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Key companies

Škoda Auto

Industry: Car manufacture Headquarters: Tř. Václava Klementa 869, 293 60 Mladá Boleslav, Czech Republic Key people: Winfried Vahland (Chairman of...

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Hyundai Motor Manufacturing Czech s.r.o.

Industry: Car manufacture Headquarters: Industrial zone Nošovice, 739 51 Nižní Lhoty, Hyundai 700/1, Czech Republic Key persons: Choi Dongwoo (President)...

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ČEZ a.s.

Industry: Energetics Headquarters: Duhová 2/1444, 140 53 Prague, Czech Republic Key persons: Daniel Beneš (Chief Executive Officer) Martin Novák (Chief Finance...

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RWE Supply & Trading CZ

Industry: Energetics Headquarters: Obernplatz 1, Essen, Germany Key persons: Martin Herrmann (Chairman of the Board CEO) Axel Gerhardy (Vice-Chairman of...

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ON Energie, a.s.

Industry: Energetics Headquarters: A. Gerstnera 2151/6, 370 49, České Budějovice, Czech Republic Key persons: Michal Šafář (Chairman of the Board)...

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AGROFERT A.S.

Industry: Petrochemistry, Food Industry Headquarters: Pyšelská 2327/2, 149 00, Prague, Czech Republic Key persons: Zbyněk Průša (Chairman of Board of...

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UNIPETROL a.s.

Industry: Oil and Petrochemistry Headquarters: Na Pankráci 127, 140 00, Prague, Czech Republic   Share Holders: PKN ORLEN S.A. –...

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FINITRADING a.s.

Industry: Metallurgy Headquarters: Náměstí Svobody 526, 739 61 Třinec, Czech Republic Key persons: Anna Žabková (Chairman of the Board) Irena...

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ArcelorMittal Ostrava a.s.

Industry: Metallurgy Headquarters: Vratimovská 689, 707 02 Ostrava-Kunčice, Czech Republic Key persons: Tapas Rajderkar (Chairman of the Board) Ashok Patil...

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Česká spořitelna a.s.

Industry: Financial Headquarters: Olbrachtova 1929/62, 140 00 Prague, Czech Republic Key persons: Pavel Kysilka (Chairman of the Board of Directors)...

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ČSOB a.s.

Industry: Financial Headquarters: Radlická 333/150, 150 57 Prague, Czech Republic Key persons: John Arthur Hollows (Chairman of the Board of...

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FOXCONN CZ s.r.o.

Industry: Electronics Headquarters: U Zámečku 27, Pardubičky, 530 03 Pardubice, Czech Republic Key persons: William Campbell (Director of Executive) Allan...

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Richest

 

  Name

Net Worth in CZK Billions

Source of capital
1. Petr Kellner 135 – 180 bln. Kč PPF Group
2. Andrej Babiš 115 – 140 bln. Kč Agrofert
3. Pavel Tykač 30 – 35 bln. Kč Czech Coal
4. Radovan Vítek 18 – 20 bln. Kč CPI Group
5. Karel Komárek ml. 15 – 18 mld. Kč KKCG
6. Marek Dospiva 13 – 17,5 bln. Kč Penta Investments
6. Jaroslav Haščák 13 – 17,5 bln Kč Penta Investments
8. Tomáš Chrenek 9 – 12 bln. Kč Finitrading, Agel
9. Jiří Šmejc 9 – 11,5 bln. Kč Home Credit
10. Zdeněk Bakala 9 – 11 bln. Kč BXR Group
10. Ivo Lukačovič 9 – 11 bln. Kč Seznam.cz
10. František Štěpánek 9 – 11 bln. Kč Sokolovská uhelná
13. Martin Kúšik 7 – 10 bln. Kč Penta Investments
14. Evžen Balko 7,5 – 8,5 bln. Kč Finitrading
14. Ján Moder 7,5 – 8,5 bln. Kč Finitrading
16. Pavel Baudiš 6,5 – 9,2 bln. Kč AVAST Software
16. Eduard Kučera 6,5 – 9,2 bln. Kč AVAST Software
18. Jaroslav Rokos 6,75 – 8,25 bln. Kč Sokolovská uhelná
19. Mária Blašková 7 – 8 bln.  Kč Finitrading
20. Jan Kroužecký 6,2 – 7,75 bln. Kč Sokolovská uhelná
21. Jiří Šimáně 6 – 7,3 bln. Kč Unimex Group
22. Jan Světlík 5,5 – 7,5 mld. Kč Vítkovice Holding
23. Ivo Valenta 6 – 7 bln. Kč Synot
24. Petr Otava 5,5 – 7,2 bln. Kč Metalimex
25. Antonín Koláček 3 – 9 bln. Kč Mostecká uhelná
26. Jitka Komárková 5 – 7 bln Kč Bonatrans Group

 

Sources:  http://shop.tyden.cz/cart/index/420/1/status/remok