ADVANCED ENGINEERING 2018

Japan

CzechTrade is the official governmental organization whose mission is to promote mutual trade between the Czech Republic and major economies in the rest of the world. With over 50 branches worldwide CzechTrade helps Czech exporters when searching for new markets and business opportunities in several countries and industries. To the Japanese partners we provide the general overview of the business envrionment in the Czech Republic, business intelligence and knowledge about the key players, market research, and facilitation the contacts to the potential trade partners. Our main advantage is a very comprehensive database of available suppliers in the Czech Republic. @The CzechTrade Tokyo Office was launched in January 2019 in partnership with CzechInvest who has been present on the Japanese market since 1998. It serves as main contact point for Japanese enterprises, business and businessmen intersted in finding a matching trade partner in the Czech Republic where companies have a long tradition in various industries like machinery, automotive, aerospace, food-processing, software and apps development, glassworks, design goods, musical instruments and many others. In Japan, we promote Czech companies at different events and occasions: trade shows, sourcing days, matchamking events, company presentations etc.

Czech Republic Has Highest Reduced VAT Rate in Central Europe

The goverment has recently implemented changes to VAT system, which operates with two rates: a standard 21% rate and a reduced 12% rate, which replaced the previous 10% and 15% rates.

Events

International multi-sector trade fair Czech Republic Business Expo 2017: the opportunity to get to know Czech products and services and make new business partnerships@March 31, 2017@International multi-sector trade fair Czech Republic Business Expo 2017 will be held on 12@ 14 September 2017 in Olomouc.The event is supported by the Ministry of Industry and Trade of Czech Republic and CzechTrade agency for the purpose of promoting high-quality Czech products and services and supporting of bilateral trade cooperation. The patronage over the fair Czech Republic Business Expo 2017 was taken by President of the Czech Republic Mr. Miloš Zeman.The fair also aims to attract a wide spectrum of foreign businessmen who want to deepen the existing business partnerships and establish new ones just with the Czech entrepreneurs. This year, the companies of following sectors can present themselves on the fair: civil andpower engineering, mechanical engineering, health care, electronics and electrotechnology, cybernetics, robotics and information technologies, agriculture and food industry and last but not least transport and tourism.A part of the fair will be also prearranged B2B meetings. Besides the Czech businessmen, representatives of municipalities and experts on international trade at this moment there is already pre-negotiated cooperation with more than three tens foreign embassies in the Czech Republic from three continents. During the business days of Asia, Europe and America the representatives of foreign embassies will be present business and investment opportunities in their countries.Thematic one-day conferences will be an integral part of the trade fair. The first conference will be dedicated to the issues of export and international trade, you will learn about support of export there. The next conference will be devoted to problems of science and research focusing on digitization of industry or problems of Smart Cities. The third conference will be concentrated on tourism and the development of international cooperation between towns/cities and regions.The trade fair Czech Republic Business Expo 2017 is held within the project CZECH REPUBLIC PRODUCT, which is implemented to support Czech export and the development of international business cooperation.Those interested in participating in the fair @ either as an exhibitor or business visitor, they have the opportunity to sign up until 30 June 2017. Targeted promotion of business interests among Czech partners and promotion by social networks areguaranteed toeach registered participant.Complete information about the fair is available on the website www.crpexpo.com.For more information you can also contact the CzechTrade Lagos.

Car production has grown in the Czech Republic

Car production increased by 5.5 percent over the first eight months, reaching 973,560 vehicles.

In the upcoming years small exporting companies in the Czech Republic will mostly invest into AI

A survey conducted by Ipsos, a multinational market research and consulting company, for the Export Guarantee and Insurance Corporation (EGAP) and Association of a Small and Medium-Sized Enterprises of the Czech Republic (AMSP ČR) revealed that 85 % of smaller export companies in the Czech Republic are planning to invest in development in the next two years, mainly into artificial intelligence.

Czech Republic Launches New System for Real-Time Monitoring of Forest Ecosystems

A new expert system, DendroNetwork, developed through the collaboration of CzechGlobe and the Institute of Computer Science at Masaryk University (ICS MUNI), now provides daily updated maps of forest ecosystem conditions across the Czech Republic. As a key part of CzechGlobe’s research infrastructure, the platform dendronet.cz offers real-time insights to support environmental monitoring and forest management.

Czech Service Sector Sees Continued Expansion with 2.5% Revenue Growth in Q2 2023

The Czech Republic's service sector continues to expand steadily.

Czech Republic leads EU in trust for nuclear energy, survey finds

Czech support for nuclear energy has been the highest in the EU for nearly 25 years.

Czechia achieves a historic breakthrough by launching Edita

Meet Edita: Europe's first driverless passenger train, now running in Czechia!