Competitiveness / Business and Industry

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

18th December 2017 / Competitiveness / Business and Industry

Czech Companies are more Afraid of Workforce Shortage than Cyber Attack or Damage to their Reputation

Czech companies see the most significant risk for their operations in workforce shortage. It is followed by an increase in administrative burden and dishonest behaviour of employees such as crime, theft or fraud. These are the results of the qualitative Corporate Risk Management Survey for 2017 that Aon conducted in the Czech Republic for the first time. The comparison with its Global Risk Management Study that Aon has prepared on a worldwide level for many years shows that Czech organisations significantly differ from companies operating in other parts of the world both in the perception of the significance of individual risks and the approach to their management. Only 1 out of 10 Czech companies have their own risk management department. 
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17th December 2018 / Competitiveness / Business and Industry

CMS, Cushman & Wakefield: Hotel Investment Scene in CEE

While the total cumulative transaction volume was in excess of EUR 7bn over the 17-year period 2000- 2017, the last five years accounted for nearly 42%, totalling almost EUR 3bn of investment (2013- 2017). The Czech Republic (with Prague already boasting the 10th largest hotel market in Europe), attracted the highest number of investment (38%), followed by Poland (28%) and Hungary (12%), a recently published analysis by CMS and Cushman & Wakefield says.
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12th November 2018 / Competitiveness / Business and Industry

World Bank's Doing Business 2019: Czech Republic ranks 35th

In the World Bank Group’s annual ease of doing business rankings, the top 10 economies are New Zealand, Singapore and Denmark, which retain their first, second and third spots, respectively, for a second consecutive year, followed by Hong Kong SAR, China; Republic of Korea; Georgia; Norway; United States; United Kingdom and FYR Macedonia. The Czech Republic ranks 35th.
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23rd October 2018 / Competitiveness / Business and Industry

ABSL: Business services in Prague grew by one fifth and by the end of the year will employ another 5 000 people

The business services sector in Prague reports a year-on-year growth of 20% and the same is expected for the next year. Prague business service centers currently employ 50 000 experts and plan to hire 5 000 more by the end of 2018, the latest report by the Association of Busines Services (ABSL) says.
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Members of the American Chamber of Commerce in the Czech Republic