Spotlight issue

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

Creating innovative tech solutions

One of the most cyber-secure countries in the world, the Czech Republic has emerged as a growing tech hub in recent years. Willing to embrace technology, which in turn leads to innovation, the country is rich in talent and is being driven to become a global tech leader by forward-thinking local companies. 

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. 

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. 


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.

30th October 2023 / Economic policy / Macroeconomic Indicators, Economic Growth

AmChamIntel: Macro - Too high too long

The ECB’s Christine Lagarde described inflation as holding too high for too long. CNB vice-governor Eva Zamrazilová viewed Czech inflation similarly during our AmChamIntel talk.  

The CNB predicts a higher rate and the consolidation of public finance will bring inflation back to approximately 2% by Q3 2024. 



Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
Technology, People, Infrastructure


Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.



Read the documents in English and Czech.

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