Novo Nordisk has successfully completed the acquisition of Novavax’s biologics manufacturing facility in Bohumil, Czech Republic, for $200 million. The deal, finalized on December 30, 2024, marks an important milestone for both companies and the pharmaceutical industry.
The Czech energy landscape is poised for a significant transformation as ČEZ, the country’s leading energy company, advances its plans for small modular nuclear reactors. The company has initiated environmental impact assessment (EIA) procedures for a new nuclear facility in Tušimice, Northern Bohemia.
The Czech government is to contribute up to 64 million euros from for the construction of a specialized battery assembly facility.
A medieval fortress in the small Czech village of Malešov became the unlikely meeting point for thousands of global fans of Kingdom Come: Deliverance, a video game developed by Prague’s Warhorse Studios.
CzechTrade is a Government Agency of the Czech Republic promoting the trading activities between the Czech Republic and foreign countries. Its main objective is to facilitate the cooperation between Czech and foreign business entities. The agency is also an official partner for those looking for qualified Czech-based manufacturers and services providers. CzechTrade Office in Mumbai was established in 2004 and the Bagnalore office was established in 2016.References@When we started with CzechTrade many years ago, we did not realise just how much we would come to value the wide range of services CzechTrade offers to entrepreneurs.Thanks to all the deals that have been concluded and progress in expanding into foreign markets, we are now convinced that the key to any export success lies in making sure the mix of activities and the timing are just right.@ Martin Mokroš, Chairman of the Board of Directors at Galatek a.s.CzechTrade Bangalore and Mumbai concentrates on@promoting@the trade between the Czech Republic and India.Having office in South India and Mumbai, our qualified staff provides assistance to Czech enterpreneurs in finding their business counterparts in India and the state of Karnataka and Maharashtra especially, makes market researches, organizes trade missions and Czech Pavillons in various exhibitions and Trade Fairs, helps to orientate in basic legal, tax and custom issues, and assists in creating joint ventures with Indian partners.CzechTrade is mainly, but not limitedly, focused to help the Small and Medium Enterprises.
Meeting Point CzechTrade 2025, the largest pro-export event in the Czech Republic, took place on March 4-5, 2025 in Brno.
ČEZ has completed key geological surveys near the Temelín Nuclear Power Plant, marking a major step toward building the Czech Republic’s first small modular reactor (SMR)
CZECH COMPANY TESKALABS IS LOOKING FOR PARTNERS IN BULGARIA
The Czech Republic has launched its first quantum computer, marking a milestone for national and European research. The VLQ machine, located in Ostrava, will serve scientists, universities, and industry across Europe.
Onsemi has chosen the Czech Republic for its semiconductor production, with a planned multi-year investment of up to $2 billion. This major investment will secure the supply chain for innovative power semiconductors for Europe and beyond, marking one of the largest private sector investments in Czech history and a significant move for Central Europe.