Healthy Meals, the second largest player in the ready-to-eat boxed meals market, plans to significantly expand its production and sales. It specialises in healthy and dietary food, which has gained popularity especially among residents of larger cities. The company has the ambition to become the market leader in the Czech Republic, which would m...
Online taxi service Uber has entered into a deal with Chinese electric car manufacturer BYD, the world's largest, to add 100,000 electric cars to its fleet. Both companies will offer Uber drivers incentives to switch to these vehicles through discounts on maintenance, charging, financing and leasing. The multi-year deal covers Europe and Latin A...
In the spring, Rohlik Group founder Tomáš Čupr said he would take a break from looking for new investments for some time. But now he has announced that he will raise CZK 4 billion and plans to expand to 15 new cities across Europe. Rohlik Group, the leader in the online grocery market in Central and Eastern Europe, will raise €160 million fro...
Fast food chain McDonald's has postponed its plans to introduce AI-based automated service for McDrive. The system, which has been tested since 2019 in partnership with IBM, wasn't perfect and sometimes gave drivers incorrect orders. Frustrated customers filmed some of the situations on mobile phones and posted the videos on social media, the...
Michal Karcol assumes the position of the new CEO at XXXLutz Furniture retailer XXXLutz has appointed Michal Karcol as the new CEO for the Czech Republic and Slovakia. His responsibilities will include overseeing all retail stores, including the kitchen studio, as well as planning the brand's expansion into new cities to reach out to a broader c...
US fast food chain McDonald's has announced its ambitious plan to open around 10,000 new locations worldwide by 2027, the most significant expansion in its history. The company aims to operate 50,000 restaurants worldwide and reach a customer base of up to a quarter of a billion. McDonald's is taking advantage of the unstable economic situati...
At the beginning of the last decade, a bold idea was conceived to bring the luxury experience of hotel bedding into ordinary homes. This vision was transformed by a group of entrepreneurs, led by former football midfielder Marc Gecov, into the Lejaan brand. Although the original goal was to bring hotel comfort to Czech homes, the Lejaan brand qu...
The American fast food chain Subway is likely to have a new owner. The business is expected to be taken over by investment group Roark Capital, which owns a number of not only fast-food franchises, for $9.6 billion (CZK 211.6 billion). It was reported by the Wall Street Journal (WSJ). According to WSJ sources, the deal to sell Subway is expec...
Hollywood star Orlando Bloom lived in Prague for several years. During the filming of Amazon's recently concluded series Carnival Row, the actor apparently became a big fan of Czech beer. Bloom has now become the new brand ambassador for Prague brewery Staropramen, an announcement made by parent company Molson Coors. Bloom, who is also a UNIC...
