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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19th August 2018 / Competitiveness / Business and Industry

CTP: With an overall market vacancy rate of nearly 3% and the long permitting process—considered to be one of the longest in Europe—getting new projects started is becoming more difficult

The Czech economy continued to grow through 1H 2018, but slightly slower than in 2017 due mainly to tight labour conditions. Unemployent continues downward, nearing 2.0%. The tight labour market, while pushing employers to compete to attract talent through softer means, greater incentives, and higher salaries, has also increased disposable income, positively impacting retail sales and e-commerce. Consequently, this leads to an increasing need for more warehouse space. Specifically, large logistics centres outside larger cities, and also smaller, last-mile and cross dock facilities closer to end users.
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27th July 2018 / Competitiveness / Business and Industry

The film industry in the Czech Republic represents more than one percent of GDP

The film production in the Czech Republic directly and indirectly produces sales of over CZK 104 billion, ie 1.1% of GDP. Those are findings of the newest Deloitte analysis Films and Games – Entertainment in Czechia from the Economic Point of View. In the Czech Republic, mainly foreign films (55% of overall production) and adverts (31%) are made, Czech films taking the third place (14%).
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18th July 2018 / Competitiveness / Business and Industry

JLL names Amsterdam, Stuttgart and Prague as hotspots for highest office rental growth in next two years driven by lack of supply

A lack of office supply will be the main driver of above-average rental growth in European hotspots including Amsterdam, Stuttgart and Prague in the next two years, according to a new report from JLL.
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Members of the American Chamber of Commerce in the Czech Republic