This quarter’s increase was the most significant year-on-year strengthening of the Czech economy for the quarter since the last quarter of 2022
By 2030, direct trains will connect Masaryk Station to Prague Airport, improving travel efficiency
The Czech Republic’s new National Semiconductor Strategy aims to boost local manufacturing, reduce foreign dependency, and align with the European Chips Act. By 2029, the goal is to triple the size of the semiconductor sector, driving economic growth and Innovation.
Significant contribution to the quarter-on-quarter GVA growth came from the manufacturing sector, which grew by 2.5%. Year-on-year. Households remain cautious about making significant expenditures on long-term consumer goods.
The European Union and the United Arab Emirates have agreed to launch free trade talks, the EU and UAE said on Thursday April 10th 2025, amid the upheaval and uncertainties created by U.S. President Donald Trump's decision to impose tariffs. He has since walked back some of the tariffs.
Construction output in the Czech Republic rose year-on-year in August 2024.
Robe Lighting restructures its ANZ distribution, shifting theatrical and live-event products to newly acquired LSC Control Systems, while continuing its architectural lighting partnership with Jands. What’s behind the move—and what it means for the industry?
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.
Industry leaders, companies, and politicians are uniform in their disagreement with recent US tariffs while the cabinet casts its eye to the euro.