The Czech economy recorded its fastest expansion since mid-2022 in the first quarter of 2025, driven by rising household spending, a solid labor market, and strong performance across key sectors. According to the Czech Statistical Office, GDP grew by 2.2% year-on-year and 0.8% quarter-on-quarter, exceeding economists' expectations.
Prague is introducing Škoda ForCity Plus 52T trams with 20% more capacity and full low-floor design. First units arrive by April 2025, boosting comfort, accessibility, and network modernization.
The company's investment is mainly motivated by the central location of Czechia in the heart of the European market.
Czech economy is on the path to recovery
The successful steps of the Arab Organization for Industrialization are still ongoing to enhance aspects of partnership with major international expertise, according to a clear vision adopted by the organization to attract investments and increase export rates as pillars of the national economy, in accordance with Egypt's vision for sustainable development 2030.
Indian company Jindal Steel International, part of Jindal Group, acquired 100% of the shares of Czech Republic-based plate producer Vítkovice Steel
CzechTrade is a 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 Baltic office was established in 2000 and since then is connecting Baltic and Czech businesses.References@It has been a real pleasure to communicate and co-operate with Věra Všetičková and CzechTrade. We are very impressed about the extremely professional and dedicated work that Vera did in identifying the proper suppliers for us, preparing the meetings and organizing the Sourcing Day. All the contacts were selected carefully and met our needs and expectations. Thank you and looking forward to working with you in the future!@Priit Einmann Head of Supply ChainViru Keemia Grupp @
The Czech automotive sector is declining due to reduced demand and slow EV uptake, while the arms industry is rapidly expanding thanks to defence needs and the Ukraine war.
The government of the Czech Republic has approved a budget for 2026 with an unprecedented allocation of resources to the areas of digital technologies, science and research.
3D printing has emerged as a disruptive force in Industries in India. The application of 3D printing opens up new opportunities in affordable housing, medical implants, aerospace engines, and personalized consumer goods.