CSG Defence Companies to Exhibit at IDEX 2025 in Abu Dhabi

With a total area of 1,500 m², this will be the largest exhibition in the history of CSG Group’s participation at IDEX and the largest Czech exhibition space ever.

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South Korea secures Czech nuclear deal

Czech Republic is seeking to increase its nuclear power generation capacity.

Czech Economy Shows Growth of 1% in 2024

The Czech economy demonstrated resilience last year with a 1% growth, according to preliminary estimates from the Czech Statistical Office (ČSÚ). The fourth quarter proved particularly promising, with GDP rising 1.6% year-over-year and 0.5% quarter-over-quarter, driven primarily by increased household consumption.

Czech Economy Shows Modest Growth of 1% in 2024

The Czech economy demonstrated resilience last year with a 1% growth, according to preliminary estimates from the Czech Statistical Office (ČSÚ). The fourth quarter proved particularly promising, with GDP rising 1.6% year-over-year and 0.5% quarter-over-quarter, driven primarily by increased household consumption.

PHILIPPINES - Economic boom and opportunities for Czech exporters

At the beginning of April, we held a territorial webinar about Philippines, which took the audience through basic facts about the Philippines, its macroeconomic data, trade balance with the Czech Republic and interesting facts about the economy and the local market. The webinar presented the Philippines in a different light than as a destination for a holiday by the sea, waterfalls or conquering often active volcanoes. Inter-governmental delegations with the Czech Republic and the European Union show how pro-European the Philippines are in its outlook for the future.

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The CNB cut the interest rate by a quarter percentage point

The Czech National Bank lowered its primary interest rate to 4.25%, marking the seventh consecutive rate cut as part of its ongoing monetary policy easing since December. This reduction encourages borrowing and investment, while also weakening the Czech koruna, which supports exports

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Tatra Trucks produced and sold more vehicles last year, most went to the defence sector

In 2024, the Czech truck manufacturer Tatra Trucks sold 1 548 vehicles, marking an increase of 97 units compared to 2023.