Of the former communist states in Central Europe, Czechia has arguably gone furthest in its efforts to cut its historical dependence on Russian oil and gas pipelines.
AI and space tech startup Zaitra is working to make satellites more autonomous and boost the profile of the Czech space industry, where the company is based.
The global consultancy firm's new report finds that over one-third of the region's rapidly developing tech firms are Czech-founded.
The production of cars in Czechia increased to a record 1.4 million vehicles in 2024.
Czech support for nuclear energy has been the highest in the EU for nearly 25 years.
The company's investment is mainly motivated by the central location of Czechia in the heart of the European market.
Czechia wants to maintain and highlight its position as a leading filming hub in continental Europe by increasing incentives for foreign and local film making productions.
Czechia remains interested in reviving domestic penicillin production.
The Czech nuclear industry is the second most successful in Europe after France and it is expanding.
The company is investing in new production technologies and hiring employees.
Czech gunmaker Colt CZ Group said it would provide machinery to make small-calibre ammunition as part of the project.
Trains on the new high-speed lines will reach speeds of up to 320 kilometers per hour.