Updated MOODY’s rating for the City of Ostrava: AA3/negative
In June 2023, the rating agency Moody's updated the City of Ostrava's credit rating, confirming its score as Aa3 with negative outlook.
News
Ostrava’s 2023 budget will include record income and expenditure topping 14 billion CZK
The City of Ostrava’s draft budget for 2023 will comprise 14.318 billion CZK in total, of which 34.3% will go to investment projects. The City’s capital budget for next year (including loan capital) will be the largest in Ostrava’s history, at 4.908 billion CZK.
New City grant programme will support the revitalization of empty buildings and the construction of new apartments
The City of Ostrava is launching a new grant programme to support private owners of real estate, with the aim of breathing new life into buildings that have been empty and unused for a long time while also expanding the available range of rental apartments in the city.
Two more companies have set up R&D labs in Ostrava
The Vitesco Technologies lab will create 30 new jobs, and the neighbouring Lumax Industries Limited R&D centre will create a further 20 jobs – helping to expand the range of options for science and technology graduates in Ostrava.
New greenery planted at the Dubina terminal
The Dubina public transport terminal is set to undergo a major transformation. Planting of new greenery began in September; it will help make the terminal a more pleasant place to be as well as improving public spaces for all citizens.
Ostrava’s Medical Faculty opens a new simulation centre
Updated 30.11.2022 09:51
The Medical Faculty at the University of Ostrava has opened a new training centre at a cost of more than 250 million CZK. The centre will simulate a range of hospital situations, enabling future medics and other health care specialists to gain valuable experience before entering a real hospital environment.
Ostrava City Hospital has launched construction of a new building with a hyperbaric chamber
When complete, the hospital’s new hyperbaric oxygen chamber will be able to treat around 30% more patients than previously, and the Hyperbaric Medicine Centre will rank among the most modern facilities of its type in the country.
Contera opens a new logistics park in Hrušov
Contera has completed the first two buildings at its new development Contera Park Ostrava D1 in the city’s Hrušov district. The buildings will be used primarily for light industrial production and warehousing.
A new garden has been created at the Plato Gallery
Work on a new garden has now been completed at the revitalized former city slaughterhouse complex, which has been converted into the home of the Plato contemporary art gallery.
New Mošnov terminal offers a unique combination of road, rail and air transport
A unique new combined transport terminal has now opened at Ostrava Airport Multimodal Park, part of the Mošnov Industrial Zone. The terminal will facilitate the shift away from road transport and towards rail freight.
The Bazaly mural is now complete
Updated 31.10.2022 09:55
After 25 days of intense work, a team of ten people headed by the Ostrava street artist Bogy completed a brand-new mural on a retaining wall flanking the road above Baník Ostrava’s Bazaly football stadium.
The first phase of construction work at Ostravica-Textilia is complete
The reconstruction project at the former Ostravica-Textilia department store has now entered its next phase. The investor (the developer Ivančice property a.s.) and the general building contractor (Bystroň Group a.s.) recent gave a progress update, including an outline of the work planned for the upcoming winter months, which will focus mainly on the interiors. Monitoring inspections are held on a weekly basis to ensure that the construction work is proceeding as planned and to the required quality.
Černá Louka is set to undergo a major transformation
Clear rules and guidelines for the future development of the Černá Louka (Black Meadow) area in central Ostrava are to be defined by a new urban planning study. In 2022 the City tasked the Municipal Studio for Spatial Planning and Architecture (MAPPA) with drawing up this detailed document.
Ostrava is again presenting a range of investment opportunities at EXPO REAL in Munich
Updated 20.10.2022 14:39
EXPO REAL in Munich is Europe’s premier event in the real estate investment sector. In the previous two years the event was hit by COVID-related restrictions, but this year Ostrava – together with Prague and the Moravian-Silesian Region – is once again able to take part in a joint presentation entitled Czech Cities & Regions.
City of Ostrava once again ranked the friendliest local government authority in the region
For the fourth time in a row, Ostrava’s City Authority has been ranked first in the Moravian-Silesian Region in a competition to find the most citizen-friendly local government authority.
The City will be run by the same coalition as in the previous electoral period
In the last week of September, a coalition agreement was signed following the latest local elections. As in the previous electoral period, the largest party in the City Assembly (ANO 2011) will join forces with the SPOLU grouping and the Czech Pirate Party to run the city for the next four years.
Plato Gallery now fully open to the public in the historic former slaughterhouse building
On 21 September 2022, the former city slaughterhouse building in Ostrava’s city centre hosted the opening of the first ever public exhibition held in the new premises of the Plato Gallery – Ostrava’s premier contemporary art space. The exhibition is entitled “Optimized Fables about a Good Life”.
The latest project at Ostrava Zoo is now complete, with new enclosures for macaques and gibbons
Ostrava’s Zoo and Botanical Park has recently opened two new facilities for rare primates and other animals. The macaques and gibbons have now been relocated from the old pavilion to their state-of-the-art new homes.
Nextbike will continue to operate Ostrava’s bikesharing scheme for the next two years
The City of Ostrava has selected the operator of its bikesharing scheme for the upcoming two years. The contract has again been awarded to Nextbike Czech Republic, which has been running the system for several years.
What are the City’s plans for the space outside Ostrava’s main station?
Ostrava’s main railway station is a major rail transport hub, and its importance is set to grow even further with the planned construction of a high-speed rail line and the complete modernization of the station (a project that will be implemented by the national railway authority, which operates the station). To complement this project, the City of Ostrava is planning extensive improvements to the public space directly in front of the station.