Inflatech Decoy has become a market leader in the production of high-end inflatable models of real military equipment.
The Czech Republic’s industrial sector faces continued stagnation, with production declining by 0.6 percent year-on-year in January. This ongoing trend, marked by alternating growth and decline, reflects broader challenges including trade tensions, high energy costs, and a weak German economy.
Of the former communist states in Central Europe, Czechia has arguably gone furthest in its efforts to cut its historical dependence on Russian oil and gas pipelines.
The Czech Republic's economy expanded by 2% year-on-year in the first quarter of 2025, primarily fueled by robust household consumption.
The Czech food industry, particularly the bakery sector, is experiencing a revival as consumers increasingly seek high-quality, artisanal products over mass-produced goods.
The Czech Republic's unemployment rate has risen to 4.4%, the highest since 2017, with over 326,000 people out of work. While seasonal jobs may offer relief, experts warn of ongoing challenges.
The head of the European Commission, Ursula von der Leyen said EU and India were pushing to get a free trade agreement during this year during her visit to India at the end of Februrary 2025. Speaking in the Indian capital, Msrs. Leyden stated that the EU and India aimed to expand their trade and investment cooperation in a variety of fields, including cleantech, artificial intelligence, and semiconductors. Discussions on a long-awaited free trade deal were resumed between India and the EU in 2021, and another round is scheduled for March.
The Czech service sector has shown steady growth, with revenues rising by 2.5% year-on-year in the second quarter of 2023. This marks an acceleration from the 1% increase seen in the first quarter.
The growth in added value was supported most by the trade, transport, accommodation and catering sector, while other services also performed well
At the Construction Fair SEEBBE 2025 held in Belgrade from April 23–26, the Czech Republic presented cutting-edge construction solutions through three outstanding companies at the Czech National Stand. Their innovative products and technologies attracted significant attention from both local and international visitors.