Free business paper E15 was launched in Prague last month, the latest addition to the city's increasing number of freesheets.

Published by top Czech publishing house Mlada Fronta, E15 is distributed directly to businesses, hotels, office parks, universities and government buildings, as well as being available at train stations and in the airport.

Circulation is currently at 50,000, according to Newspaper Innovation.

Mlada Fronta also publishes Mlada Fronta Dnes, the country's highest circulated paid daily, as well as more than 20 magazines. E15 is directly competing with Czech business daily Hospodarske Noviny, and other business weeklies.

Three other free dailies in the Czech Republic are Metro, published by Metro International, 24 Hodin, published by Austrian group Ringier and Metropolitní Expres, by German publisher Rheinische Post.