PBS Group announces 700 million CZK expansion of its Velká Bíteš facility to meet booming global demand for jet engines and aerospace components.
CzechTrade is a Government agency established by Ministry of Trade and Industry of the Czech Republic. Its main objective is to develop international trade and cooperation between Czech and foreign entities. Wherever in the world you are, the agency is your official contact partner when looking for qualified Czech-based manufacturers, services providers and investors.Promote Czech brands to Chinese new sales platformsCzechTrade office helps the cooperation between GRUND and MingyichupinAs we all know, China is one of the most developed countries in Internet retail business in the world, its huge market share and sales performance attract worldwide attention. At the same time, China@s Internet sales channels develop very fast, the Internet sales mode is changing with each passing day, new retail channels and new sales platforms are constantly emerging.How can the CzechTrade office in China help Czech high-quality brands not only to enter China, but also directly connect to these new and excellent sales channels, quickly reach cooperation with them? This has always been a topic to us… Recently, our efforts have achieved good results. We have successfully helped with arranging a cooperation between GRUND, a famous Czech brand, and Mingyichupin, a new e-commerce platform In China.GRUND is a famous brand in both Czech Republic and Europe, with a high market share. It is also the winner of @2013 The company of the year from the Czech Republic@, representing the highest technology and quality standard of Czech Republic and even of Europe.Mingyichupin is a well-known e-commerce community platform for luxury products, with tens of millions of active users, and it is one of the representatives of China@s new internet sales model and platform.The cooperation between these two will show GRUND brand to millions of potential users, which will be a very good promotion of the brand.We use our ability to serve as a bridge between Czech Republic and China:We recommend excellent Czech brands to good platforms in China, so that the Chinese consumers can have access to high-quality products produced from Czech Republic.We recommend good Chinese platforms to excellent Czech enterprises, so that they can expand sales channels and increase market capacity.That@s what director Mr. Aleš Červinka and his team have been trying to do!We also believe that such cooperation is only the beginning. Through this cooperation, we have opened a new way. In the future, more Czech enterprises and brands from this model can benefit.@ReferencesMr. Willie Liu from FANGBEN LAW OFFICE has successfully cooperated with CzechTrade offices in China for more than 5 years and assisted many Czech clients in achieving high performance in China. In addition thereto he is also a member of International Trademark Association. The Czech clients that received Mr. Liu`s professional services include:CZECH BLADES S.R.O.PETROF, spol. s r.o.TOS, A.S.MOSTRO ENGINEERING, A.S.FOSFA AKCIOVA SPOLECNOSTC. BECHSTEIN EUROPE S.R.O.GASTON, spol. s r.o.Beznoska Ltd.GRISOFT, s.r.o.GRUMANT s.r.o.The Beijing office under the Embassy of the Czech Republic in Beijing was established in 2014 and since then is connecting North and North East China and Czech businesses. The Beijing office´s main focus is onto the development of international trade and cooperation between Czech and Chinese entities in the fields of Czech machinery, mining and health care industry, environmental protection technology, general aviation projects and consumer products.The Chengdu office under the Consulate General of the Czech Republic in Chengdu was established in 2007 and since then is connecting South West China and Czech businesses. The Chengdu office main focus in onto the development of international trade and cooperation between Czech and Chinese entities in the fields of Czech general aviation, machinery, food and drink, glass and crystal as well as application of Czech nano-technology in environment protection projects. The Chengdu office regularly organizes Czech participations at China (Chengdu) Food and Drink Fair (every year in March), as well as organizes presentation of Czech general aviation at Czech Aviation Conference (every year in October) and presentation of Czech glass and crystal at Czech Glass in Chengdu (every year in July or October).The Shanghai office under the Consulate General of the Czech Republic in Shanghai was established in 2001 and since then is connecting South East China and Czech businesses The Shanghai office main focus is onto the development of international trade and cooperation between the Czech Republic and China in the fields of ICT, healthcare, machinery, food and drink, design, glass and crystal as well as nano-technology, environmental protection technology and any other advanced technology.@
The Czech Republic’s vegetable trade recorded its largest-ever deficit last year, reaching nearly 13.8 billion crowns.
In a move that underscores the Czech Republic’s longstanding commitment to democratic values and human rights, President Petr Pavel paid a historic visit to the spiritual leader of Tibet, His Holiness the Dalai Lama, on July 27, 2025, in Leh, Ladakh. The meeting marks the first time a sitting Czech president has met the Dalai Lama during his stay in India.
In Luxembourg, the results of the latest round of calls for European AI factories, also known as AI Factories, were announced. Within the framework of the Czech AI Factory (CZAI), as the Czech AI factory is called, a very powerful supercomputer for AI calculations will be acquired, and a package of services provided by the consortium's experts will be created.
The increase was driven mainly by household spending, rising inventories and government consuption.
The Czech Republic presented a strong and coordinated presence at the 16th Exhibition on Water (Sajam Voda) held from 3–5 December 2025 at the Belgrade Fair. The National Czech Stand, organized with co-funding from the Czech Ministry of Industry and Trade and supported by the Embassy of the Czech Republic in Belgrade, highlighted the country’s advanced capabilities in water treatment, infrastructure, and environmental technologies.
CzechTrade is the offical Government Trade Promotion Agency of the Czech Republic. Its main objective is to develop international trade and cooperation between Czech and foreign entities. Wherever in the world you are, the agency is your official contact partner when looking for qualified Czech-based manufacturers and services providers. The Scandinavian office located in Stockholm was established in 2004 and since then is connecting Scandinavian and Czech businesses.ReferencesCzechTrade office in Stockholm provided assistance for Swedish company MYDATA automation AB that designs and builds SMT assembly machines for the electronics industry. CzechTrade helped to find suitable Czech companies (in machining, metal sheet processing and surface treatment) and organized incoming business missions for MYDATA to the suitable Czech manufacturers. A regular cooperation started after almost one year of testing adjusting of the prototypes. MYDATA, Body components for PCB machines (www.mydata.com)Swedish company Cream International AB - the largest coffee machine supplier in Scandinavia that exports its production to many countries contacted CzechTrade Sweden (http://www.czechtrade.se) for help in supplier search in the Czech Republic. The requirement was for chillers and electronic control units for coffee machines. CzechTrade identified potential suppliers of required components in the Czech Republic and arranged meetings with them. Vice Managing Director Mats Jaller:@I can tell you that it all went very well in Prague!! Both the cooling systems and the @long-shot@ we took regarding electronic controllers seems to work out just the way we wanted it to do!@ @Thank you very much for your support in finding new suppliers in your country!! I will sure recommend you as soon as I have the opportunity!@ Cream International AB, Components for coffee machines from the Czech Republic (www.creminternational.se)CzechTrade Scandinavia is successfully helping Swedish, Danish, Norwegian and Finnish companies identifying potential Czech suppliers by analyzing Czech market based on concrete inquiries and requests for information, providing lists of qualified business partners, distributing conrete RFQs, organizing tailor-made B2B meetings with Czech companies both localy and in the Czech Republic and assisting with companies@s visits.
The dream of homeownership continues to slip away from Czech citizens as property prices surge once again. According to recent Eurostat data, Czech real estate prices have become among the fastest-growing in the European Union, with a 2.4% increase in the last quarter alone.
In a concerning economic trend, the Czech Republic’s unemployment rate shows only a modest decline to 4.2% in May, with 316,060 people still seeking employment. While this represents a slight decrease from April’s figures, the current numbers significantly exceed last year’s May total of 274,322 unemployed individuals.