Exports from the Czech Republic are estimated to reach a record this year

The foreign-trade surplus is estimated at €28.1 billion.

Czechia’s Economic Outlook: Steady Growth Ahead Amid Global Headwinds

Czechia is set for a moderate economic recovery driven mainly by rising wages and stronger private consumption, while inflation continues to ease and unemployment stays low. External pressures will weigh on exports, and public finances will remain in a mild deficit despite ongoing consolidation efforts.

Business Optimism Rises Across Czech Sectors, Setting the Stage for Expansion

Confidence amongst businesses is most felt across services, construction and trade.

Skoda Group Reveals First Electric Train for Bulgaria — Contract for 25 Units Worth CZK 13 Billion

Skoda Group today presented to the customer the first four-car electric train destined for the Bulgarian rail operator. Under a contract signed in September 2024, Skoda will deliver a total of 25 units by August 2026, for a contract value of CZK 13 billion, including 15 years of full-service maintenance.

CZECH COMPANY APATOR POWOGAZ CZECHIA IS LOOKING FOR PARTNERS IN BULGARIA

CZECH COMPANY APATOR POWOGAZ CZECHIA IS LOOKING FOR PARTNERS IN BULGARIA

India

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.

Czechoslovak Group Joins World's Top 100 Arms Manufacturers

Czechoslovak Group (CSG) entered SIPRI's top 100 global arms manufacturers at 89th place, with 2023 revenues increasing by 25% to $1.2 billion, driven by European Union exports and contracts supporting Ukraine.

Industry Sectors

Doosan Škoda Power wins billion-crown contract for new generators for Temelín

ČEZ has selected Doosan Škoda Power to supply new generators for Temelín. The value of the contract has not been disclosed, but it is worth billions of crowns.

Services