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Spotlight issue

14th June 2018 / Competitiveness / Trade and Investment


Mondelēz International Invests $200 Million in Czech Biscuit Plant to Accelerate Growth in Europe

OPAVA, Czech Republic – June 14, 2018 – Mondelēz International today announced it has invested $200 million since 2014 in its Opava biscuit manufacturing facility, which employs nearly 1,000 people and produces Power Brands like Oreo, belVita, Milka and Cadbury, for the European market. The investment builds on Opava’s proud heritage of more than a century as a biscuit-making center and supports the company’s global growth strategy to create a best-in-class integrated supply chain and to deliver consumer-inspired quality and innovation that meet changing consumer preferences.

14th June 2018 / Good governance / Social Responsibility


Quality of Life Index: Říčany in the Lead, Orlová at the Tail

The Central Bohemian town of Říčany has the highest quality of life, while the Moravian-Silesian town of Orlová has the lowest. These are the conclusions of the Quality of Life Index prepared by Obce v datech (‘Municipalities in Data’) in cooperation with Deloitte as its principal consulting partner. The Index compares publicly available data on health, material conditions and relations within the community in all 206 Czech municipalities with extended powers.

13th June 2018 / Competitiveness / Trade and Investment


Investing in Czech Republic 2018

BNP Paribas Real Estate guide to Investing in Czech Republic 2018

13th June 2018 / Economic policy / Macroeconomic Indicators, Economic Growth


Strong inflation increases the probability of an earlier hike

In May, inflation accelerated and returned above the CNB’s 2% target. The price level increased due to food being more expensive. Core inflation also recorded sound dynamics and fuel prices significantly contributed to overall price growth as they followed oil price development on global markets. The koruna depreciated amid the risk-off mood of May and joined the pro-inflationary pressures. Today’s statistics contribute to the picture of an earlier rate hike. We still count on November, but the probability of a rate increase in August is rising, Komerční banka says.  

13th June 2018 / Competitiveness / Tax & Finance


Global family business tax monitor

For business families planning to transfer their business from one generation to the next, the tax costs can vary widely, depending on where the business is located. Some countries offer substantial tax breaks to help family businesses succeed and grow in the hands of the next generation. Other countries tax transfers within families the same as any other transaction, creating significant costs.

Strategic Directions for Czech Economic Policy

  1. 1) The home of value-added manufacturing
  2. 2) Prague-Brno-Ostrava Creative Triangle
  3. 3) Health Care as an export industry
  4. 4) Government as a competitive advantage

English / Czech. Advocacy Priorities.

 

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic