In the first half of this year, 418 company bankruptcies were declared in the Czech Republic — the most since 2017. The government discussed a draft amendment at its last meeting before the holidays that would make it easier to transfer vehicles without visiting offices. The National Development Bank is launching a new NRB Garant Invest EU guarantee program for small and medium-sized enterprises. The earnings season on the Prague Stock Exchange is peaking — on Thursday, July 30th, Komerční banka, Erste Bank, and the real estate group CTP will report their results.
In the first half of this year, courts in the Czech Republic declared 418 company bankruptcies, which is the most since 2017. This represents a year-on-year increase of nine percent. At the same time, courts accepted 678 insolvency petitions this year until the end of June, an increase of 22 percent compared to the same period last year. This information comes from an analysis by CRIF — Czech Credit Bureau based on data from the Informace o firmách portal.
At its last meeting before the government's summer break, the cabinet of Andrej Babiš discussed a draft amendment that would allow vehicle transfers without visiting offices or delivering registration plates and registration certificates to collection boxes and distribution points. The aim is to simplify administrative burdens for citizens and businesses.
The National Development Bank is launching a new program called NRB Garant Invest EU, which will replace the previous National Guarantee and continue to support small and medium-sized enterprises. Companies will be able to handle everything, including state guarantees, directly through their commercial bank, without having to apply separately to the NRB. The program will focus on loans ranging from 0.5 to 20 million Czech crowns, with a state guarantee covering up to 70 percent of the principal.
The earnings season on the Prague Stock Exchange continues on Thursday, July 30th, when Komerční banka, Erste Bank, and the real estate group CTP will report their results for the second quarter and the first half of 2026. Analysts at Česká spořitelna Research state that shares of Komerční banka are trading slightly below the 1,000 Czech crowns per share mark, with no major fundamental news driving the price, and the market is focused on the results that will be released on Thursday.