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EU economics. If I paint a bison on the wall, I’ve actually almost hunted it

The European Union is not in crisis, but has a long-term problem, says Miroslav Singer, economist, former governor of the Czech National Bank, now director of institutional relations and chief economist at Generali CEE Holding. He does not want to guess what the world will look like “after Trump”, but he does not give Europe good prospects: If European elites do not realise that many regulations need to be lifted and the ageing population needs to be addressed, we will face a process of impoverishment. But this, he says, may be quite socially bearable. ...

Czech Republic paves the way for autonomous driving: the President signed a key amendment to the law

On 24 April 2025, the President of the Republic signed an amendment to the law that creates a clear legislative framework for the operation of autonomous vehicles on Czech roads. The amendment will allow the operation of vehicles equipped with SAE Level 3 au ...

Lower quarterly production, record month for EV production

In the first quarter, a total of 372,334 road vehicles were produced by domestic automotive companies, down 7% year-on-year. The largest part of the production was passenger cars, which rolled off the production lines at 366,510 units, followed by 1,321 buses, 277 trucks, 169 motorcy ...

Brano Group. Two generations on a runaway train

What does a company look like in the middle of a generational change? Pavel Juříček, Chairman of the Board of Brano Group, is gradually handing over the holding to his son. Václav is now fully responsible for, among other things, the overall holding development, sales, the plant ...

Position of the Czech automotive industry on the EC Industrial Action Plan for the automotive sector on the innovation and digitalisation pillar

The Czech and European automotive industry stands at a critical crossroads. Maintaining the EU’s position as an economic power requires more than a long-term strategy – a fundamental change in the EU’s regulatory approach is essential. Without an ...

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