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

8th November 2023 / Competitiveness / Technology, R&D and Innovation

CTPark Brno: Science Tehnology Park

CTP is taking significant steps towards the high-tech future of the industry in CEE, with development plans for a Science Technology Park at CTPark Brno, which we are beginning to roll out. Over the past decade, Brno has earned the reputation of being the 'Silicon Valley' of  CEE, and this is well-founded, as evidenced by our clients in the region, including Honeywell, Thermo Fisher Scientific, and Inventec, to name a few. CTP has brought on Cees Admiraal, who previously led business development at the internationally renowned High Tech Campus Eindhoven, to bring together the educational, local administration, and business communities into this plan and steer it forward cohesively. How are we achieving this? See the 3 key steps outlined in this article. 
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8th November 2023 / Competitiveness / Tax & Finance

Financial reporting of European banks: benchmark study H1 2023

Has the European banking sector achieved renewed stability amidst a troubled macroeconomic context? Over the past three years, the banking sector has had to endure numerous crises, including Covid-19 and the war in Ukraine. What do the 2023 interim results of the 26 largest banks in Europe indicate about the impact on Expected Credit Losses (ECL) in this unusual environment? We have analysed the 2023 interim reports of 26 banks in 11 European countries to better understand the impact of financial turbulence and ongoing geopolitical crises on their Expected Credit Losses. This study is the seventh in its series and follows on from previous editions of the report since its launch in 2020.   
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1st November 2023 / Competitiveness / Trade and Investment

Amendment to the Investment Incentives Act approved

On Friday 27 October 2023, the Chamber of Deputies approved an amendment to the Investment Incentives Act, which we informed you about HERE.
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Members of the American Chamber of Commerce in the Czech Republic