This year’s Deloitte CE Technology Fast 50 was dominated by Czech firms, with three having made it to the top five. The contest for the fastest-growing technology companies in Central Europe was won by Prusa Research, a maker of 3D printers, followed by last year’s winner Kiwi.com, the plane ticket provider. The online pharmaceuticals retailer Pilulka Distribuce took fifth place, and the online clothing retailer ZOOT won the Big 5 category.
At the time of municipal election, part of Czech citizens selected one third (27) of the Senate members as well. After rather big reputational fail of the current governmental parties in big cities such as Prague or Brno, the results of the Senate election seem to lay basis for a substantive opposition to the government politics.
Prague has the fifth-highest hotel occupancy rate in Europe, and is the continent’s 10th largest hotel market, Raymond Johnston writes for Prague.tv.
The EU Parliament's September approval of the proposed EU Copyright Directive (2016/0280) has implications for many companies with interests in digital content, including platforms, news aggregators, rights owners, creators and the press. Widely presented in the media as "breaking the internet", our view is that the proposed law might not make as significant a difference to tech companies as some are suggesting, though it is a further indication of an anti-tech direction of travel among EU law-makers.
The investments into blockchain technology in healthcare industry are growing rapidly, reaching $200M according to recent report of the major consortium R3. New blockchain developments appear weekly in different sectors: logistics, healthcare, music, and even art.
Strategic Directions for Czech Economic Policy
- 1) The home of value-added manufacturing
- 2) Prague-Brno-Ostrava Creative Triangle
- 3) Health Care as an export industry
- 4) Government as a competitive advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.