Czech billionaire Strnad among world’s 100 richest

The owner of the arms manufacturer Czechoslovak Group is listed 69th with an estimated fortune of 31.1 billion dollars. Strnad is the only Czech in the top 100 and currently the richest person in the country, ahead of PPF heiress Renáta Kellnerová.

Czech industry saw its biggest monthly drop since July 2023

Domestic industrial production in the Czech Republic fell month-on-month in January by the largest amount since July 2023. According to analysts, the increase in new orders by about 10% is a positive sign. However, the future development remains uncertain due to the war in the Middle East.