The pandemic has exacerbated this
trend. Amazon, Tchibo, and Bosch, for example, are currently using their premises in the Czech Republic to supply other European
markets. This was reported by Prochazka & Partners (P&P). Head of
Transaction & Consulting Services Petr Narwa said that currently, as
part of the nearshoring trend, they are looking for premises for car
parts manufacturers or other manufacturing companies from
Western Europe. The aim of all clients is not to rely on one supplier
and to diversify their production or warehouse portfolio in Europe.
Real estate construction in the Czech Republic is approximately 25%
cheaper than in Germany. Renting costs 20-30% less and personnel
costs are often up to half less.