Toyota's investment in electric car production in Czechia

Toyota has made the decision to greatly increase production at its Kolín facility and have it ready to produce electric vehicles. The Czech economy is being significantly impacted by the investment itself. It is anticipated that the investment will total CZK 16.65 billion. However, with a gross value added of CZK 12.8 billion and support for roughly 1,750 employment, the overall impact, including indirect and induced effects, exceeds CZK 34 billion. Due mostly to increased business tax and social security revenues, household incomes will rise by more than CZK 6.5 billion, while public budgets will get an additional CZK 5.3 billion.

Discover Czech Innovation with Mikroelektronika.

South African operators have a unique opportunity to explore world-class fare collection systems as Czech industry leaders join the upcoming SABOA conference.

Czech Rates Unchanged as National Bank Watches Core Inflation

The Czech National Bank held its key rate at 3.5%, staying cautious despite inflation falling to 1.6% and keeping the door open for future moves.

City of Roswell Deepens Ties with Czech Republic

Roswell expanded its 2025 trade mission across Central Europe to strengthen partnerships after successfully attracting PBS Aerospace’s U.S. HQ.

Wultra Opens Singapore Office to Serve Growing Demand for Post-Quantum Authentication

Cybersecurity leader Wultra, specializing in post-quantum authentication (PQA) for banks and fintechs, is opening a new office in Singapore—its first branch in Asia. The expansion strengthens Wultra’s commitment to supporting regional demand for quantum-resistant security and helping financial institutions prepare for emerging cyber threats of the post-quantum era.

Czech crown soars to multi-year highs against the dollar and euro

The crown's appreciation in recent years spells good news for most consumers and travelers, though investors should be cautious.

Faster Internet in trains: Czech Railways to test Elon Musk’s Starlink

Czech Railways will be among the first in Europe to test high-speed satellite internet onboard trains this spring

Czech Intelligent Mobility Solutions

Czechia’s first regulatory sandbox commences testing phase for 21 fintech projects

CzechInvest’s Fintech Regulatory Sandbox is entering its main operational phase. Twenty-one innovative projects have been selected for the programme, which is focused on testing new financial services, tools and unique solutions for the digital economy. These projects are beginning to make full use of the programme’s professional, legal, regulatory and technical resources. The fintech regulatory sandbox is the first comprehensive state initiative aimed at systematically supporting financial innovations.

The Czech Republic posted a strong result in the ranking of successful economies

According to the ranking, the country is the most successful post-communist economy.