The Czech Republic recorded a steady economic growth of 2.6% year-on-year in the second quarter of 2025, driven mainly by household consumption and investment activity, according to the Prague Daily News. The Czech koruna remains stable and inflation stood at 3.2% in September, creating a favorable environment for foreign investments.

Recent data published by GNews.cz on October 10 highlights the expansion of battery module production by Škoda Auto in Mladá Boleslav – a project worth over CZK 7 billion, creating around 800 new jobs. Such developments underline the country’s industrial stability and its potential as a gateway for Korean companies seeking entry into the EU market.

With the Czech government’s focus on energy, automotive innovation and defence modernization, Korean firms in these sectors can find numerous partnership and investment opportunities in the coming years.

Sources:
Prague Daily News (1 Oct 2025),
GNews.cz (10 Oct 2025)

Prepared by the team of the foreign office CzechTrade South Korea (Seoul)