Czechia Surpasses Germany in Macroeconomic Stability - What Does it Mean

Czechia now has the strongest economy in Central Europe, performing better than Germany in several key areas, including debt, inflation, and wage growth.

Vietnam collaborates with the Czech Republic to advance technology development.

The two nations plan to strengthen cooperation in advanced technologies to drive innovation and sustainability.

Safran Cabin Expands Operations in the Czech Republic

Safran Cabin CZ has expanded with a new high-tech facility in Rokycany, CZ to boost aircraft interior production and meet growing demand. The site emphasizes advanced manufacturing, sustainability, and aims to employ up to 250 people.

Arms, ammunition maker Czechoslovak Group considering public offering

Fast-growing Czech-based defence company Czechoslovak Group (CSG) is considering an initial public offering of its shares, a deal that could value the group at tens of billions of euros based on its financial performance.

Czech-Canadian company Adastra finalizing its M&A

Czech-Canadian Group Adastra, focused on data management and digitalization and information management, is set out to be the biggest deal in M&A this year in the Czech Republic.

BVV Trade Fairs Brno introduced its 2018 Shows and Exhibitions at its annual press conference in Bei

Czech Firms Lead EU in Digital Adoption, Opening Doors for UK Tech Collaboration

Czech companies are outpacing their European peers in digital transformation, according to the latest European Investment Bank Investment Survey (EIBIS).

Electricity and Gas Consumption Stabilizes in Czech Republic After Years of Decline

In a notable shift from previous years’ trends, Czech Republic’s energy consumption has finally stabilized. Weather-adjusted gas consumption actually increased by 1.5%, while electricity usage saw a minimal decrease of 0.6%. However, compared to the 2017-2021 five-year average, savings remain substantial.

Czech Economy Surprises with Strong Growth Driven by Household Spending

The Czech Republic is growing faster this year than analysts expected. The economy is driven mainly by households.

Meetings with heads of CzechTrade offices take place in Prague at the end of June

Czech exporters have possibility to meet diplomats from Ministry of Foreign Affairs as well.