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October 8th, 2008
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PENSIONS The Cabinet unanimously approved passing its pension reform bill to the Chamber of Deputies Feb. 11. In its current draft, the bill would see the retirement age gradually rise to 65 years and extend obligatory social insurance from 25 to 35 years. It is the first of three pension bills planned by the governing coalition. Parliament should begin discussing the bill in March.

AMNESTY The Finance Ministry has announced a tax amnesty for foreign workers affected by the amendment on tax residency, Právo reported Feb. 8. Foreign workers had protested the change, saying it violated European Union law by discriminating against EU workers. A bill being discussed in Parliament would reverse the amendment but will not come into effect until mid-2008.
COAL The brown coal miner Severočeské doly (SD) plans to expand its operations outside the government-imposed territorial mining limits, Hospodářské noviny reported Feb. 12. SD wants to excavate coal in the abandoned town of Libkovice, north Bohemia, and is pursuing agreements with local municipal governments to do so.
PAPER The country’s dominant newsprint producer, Norske Skog, is closing its factory in Štětí, north Bohemia, Hospodářské noviny reported Feb. 8. The facility employs 210 people and outputs 130,000 metric tons of newsprint a year — half the country’s total. The final decision on the closing, made by the Norwegian company’s board of directors, should be made March 12.
PIVO The best-selling imported beer in Germany was Pilsner Urquell, the beer’s brewer, Plzeňský Prazdroj, announced Feb. 6. Pilsner Urquell holds a 27 percent share of Germany’s imported premium beer market. The brewery sold 230,000 hectoliters of the beer in Germany last year, up 3.3 percent from 2006.
ENERGY Power consumption increased only by 0.6 percent year-on-year in 2007 due to a mild winter, the Energy Regulatory Office said Feb. 7. The country remained a large net exporter of electricity, producing 88.19 terawatt hours of electricity while consuming 59 terawatt hours. Experts expect consumption to continue growing by 2 percent annually, while production is expected to drop as coal-fired power plants are retired.
TATRA The truck manufacturer Tatra has entered the U.S. market, opening an office in Washington, D.C., Lidové noviny reported Feb. 13. William Cabaniss, the former U.S. ambassador to the Czech Republic, is expected to help the firm become established there. Cabaniss, the chairman of Tatra’s supervisory board, joined the company in December 2006.
LABOR The Chamber of Deputies agreed Feb. 5 to withdraw from a 1935 International Labor Organization convention that restricts women’s labor in physically difficult environments, like mines. The move is being made to bring the country into compliance with European equality laws and must still be approved by the Senate and president.


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