Czech economy is on the path to recovery
Meopta will produce and test advanced targeting systems for CV90 infantry vehicles, supplying over 500 assemblies for the Czech, Swedish, Danish, and Slovak armies under a new multi-year contract.
The Czech economy’s year-on-year rise this quarter was the most pronounced since the final quarter of 2022.
References@@CzechTrade office in Dubai contributed also to the success acquisition amounting 10 mil. USD between our company and the originally Dubai based KIT digital in the beginning - especially during CABSAT exhibitions in Dubai where we have been identified as a potential partner for the Dubai based company. Now we are global company having the offices from Australia through Asia, Europe across USA. After the incorporating the previous Prague based company Visual Connection to the group KIT digital, the revenues of the group are 40 mil.USD yearly.@KIT digital @ Mr. Tom Petru, president Media Services@Thanks to CzechTrade Dubai office we found valuable contacts in the Middle East market which is very different from the European one. By assistance of Czech Trade Promotion Agency we were able to introduce the company in the Middle East including the participation in the Czech Republic pavilion at INDEX exhibition. Thanks to CzechTrade Dubai we developed our first businesses in the United Arab Emirates and Saudi Arabia.@Meduse Design @ Mr.Vilem Vrba, Manager for the Middle EastCzechTrade is a Government trade promotion agency of the Czech Republic. Its main objective is to develop international trade and cooperation between Czech and foreign entities. Wherever in the world you are, the agency is your official contact partner when looking for qualified Czech-based manufacturers and services providers. The Dubai office was established in 2007 and since then is connecting UAE and Czech businesses.CzechTrade Dubai@mainly concentrates on@support of Czech companies with traditional design production of glass, porcelain, consturction and building materials, ICT, AI, IoT, healthcare, electro etc. We are providing them with individual asistence and promoting them by their personal attendence at exhibitions like The@BIG 5 Show. The participation at Arab Health,@Middle East@Energy and INTERSEC is organised by Ministry of Industry and Trade of Czech Republic.
Innovation, international cooperation and global action are the key to solving the climate crisis, Czech Prime Minister Petr Fiala said last Wednesday at the UN Climate Change Conference COP29 in Baku. He also offered to share the Czech Republic's positive experience with nuclear power, which he described as a safe source of very clean energy.
Czech real estate group Contera has secured a major investment deal with U.S. investment giant Blackstone, marking a turning point in its growth strategy. Blackstone acquired a majority stake in Contera’s warehouse and industrial hall portfolio in the Czech Republic and Slovakia, replacing the previous investor, TPG. The deal, valued at $510 million, sets the stage for doubling the company's property portfolio over the next five years. This strategic move positions Contera as a key player in Central Europe’s industrial real estate sector, competing with market giants such as Accolade, CTP, P3, and Panattoni.
CzechTrade is the government agency under the Ministry of Industry and Trade offering expertise and contacts through its extensive network in the Czech Republic. Our mission is to help and promote Czech companies succeed in the global economy, support its business development and facilitate Czech export. Wherever in the world you are, the CzechTrade agency is there for you with more than 50 foreign offices stationed around the globe. CzechTrade is your official contact partner when looking for qualified Czech-based manufacture and service providers.The@Seoul office@was established in 2019 and since then is connecting Korean and Czech businesses and business oriented associations, chambers of commerce and state institutions. Discover the spectacular engineering tradition and innovation potential of Czech companies with CzechTrade.We connect Czech @ Korean businesses. Our services cover organising sourcing events, trade shows, private showcases and other events. We also provide advice, assistance, consulting, tailored market research, supplier search or matchmaking through in-house databases. Our services are free of charge.CzechTrade Korea mainly concentrates on aerospace, machinery and factory automation, food @ beverages, electrotechnical, ICT, clean technologies, energy, design @ consumer goods or life science industries.
CZECH - GERMAN COMPANY FMB CARE IS LOOKING FOR PARTNERS IN BULGARIA
Czech retail sales show growth driven by strong e-commerce and increased sales of non-food items, fuel, and food. Analysts credit rising real wages and low inflation for this trend, though spending remains below pre-pandemic levels.