Czech Republic Records Highest Trade Surplus Since Independence

In a remarkable economic milestone, the Czech Republic has achieved its highest foreign trade surplus since its establishment in 1993, reaching an impressive 223.2 billion crowns (approximately $9.8 billion).

A record increase of LPG-powered cars in the last year in the Czech Republic, with Dacia Jogger leading the sales

In 2024, the Czech Republic saw a record increase in the number of newly registered vehicles powered by liquefied petroleum gas (LPG).

Toyota to Launch First European EV Production in Czech Republic

Toyota will begin producing its first fully electric car in Europe at its Kolín factory, supported by a major expansion that includes a new battery assembly plant. The move underscores the Czech Republic’s role as a key hub for the automotive industry.

Czech Participation at International Defence Fair – PARTNER 2025 in Belgrade

The Czech Republic took part in the International Defence Fair – PARTNER 2025 held from September 23 to 26 at the Belgrade Fair. The event is one of the most important defence exhibitions in Southeast Europe, bringing together leading international companies and institutions.

Czech energy supplier CEZ reports $984 million profit in first three quarters of 2024

CEZ, the Czech Republic's leading power company, reported a net profit of 23.4 billion Czech crowns ($984 million) in the first three quarters of 2024, marking a 27.3% decline compared to the same period last year.

New AI Data Centers to Be Built in Czech Republic and Finland

A large AI-focused data center is being built in the Czech Republic by České Radiokomunikace, aiming to position the country as a key player in European AI infrastructure. Backed by investor Damir Špoljarič and firm Gi21, the project addresses the shortage of server capacity and could become one of Europe’s leading AI data hubs.

Czech Economy Set for Moderate Growth and Stable Labor Market in 2025, Finance Ministry Says

The Czech Ministry of Finance's latest macroeconomic forecast anticipates a 2.3% GDP increase in 2025, supported by stronger household consumption and investments. Inflation is projected to decline slightly to 2.3%, while the unemployment rate is expected to remain low amid persistent labor shortages. Public finances are improving, with the government deficit and debt both under control. The forecast points to a steady recovery and balanced economic development for the Czech Republic.

Czech AI

AI as a growing sector in the Czech industry

Czech Republic Becomes CEE’s Real Estate Investment Front-Runner

Česko se stalo lídrem realitních investic v CEE, hlavně díky průmyslovým a logistickým projektům. Zároveň prudce rostou ceny bydlení a obavy z nedostupnosti.

BIO International Convention 2025