The Czech Republic is solidifying its position as a key European hub for advanced manufacturing and research & development (R&D). With strong government support, a skilled workforce, and competitive operating costs, the country offers significant opportunities for Australian companies in industries such as aerospace, automotive, and medical technologies.

In 2024, the Czech government launched new incentives, including tax relief and grants for foreign investors in high-tech sectors. Several multinational firms have already expanded their operations in the Czech Republic, citing its strategic location and robust infrastructure. The country’s engineering excellence, combined with the growing demand for innovative solutions, presents a lucrative opportunity for Australian businesses seeking a European foothold.

CzechInvest, the government agency responsible for business development, is actively supporting foreign companies with tailored investment packages, making it easier for Australian firms to set up operations or form partnerships with Czech manufacturers.

Source: CzechInvest
Author: CzechTrade Australia