15th September 2015

Competitiveness: Radio Prague: Czech industry urged to prepare for fourth industrial revolution


...As Czech industry operates at near peak capacity, it’s tooling up again and will frequently be placing orders with German machine tool and other companies. Those German tool companies provide around 40 percent of Czech machine tool needs. And the Czech Republic is also a heavy hitter in the machine tools sector in its own right, it’s the 13th biggest producer in the world with output just trailing Britain and ahead of France. But the Germans are also looking for the Czechs to tool up on something else and that is what has been described as the fourth industrial revolution... Read more.

Read also Euractiv.cz article on Industry 4.0, and changes to be expected, and Česká pozice commentary - "We are something like small China...", Czech economist Pavel Kohout says.

Members of the American Chamber of Commerce in the Czech Republic