Gateway to Success in the Czech Republic.

Transcription

1 Gateway to Success in the Czech Republic

2 CzechInvest We are the Investment and Business Development agency of the Czech Republic. Our mission is to encourage and support foreign direct investment and to help increase competitiveness of domestic companies. CzechInvest has successfully mediated more than 1,600 investment projects since its establishment in As a part of the Ministry of Industry and Trade we provide professional services free of charge. Karel Kučera CEO, CzechInvest 1, billion 262,000 mediated investment projects crowns in investments newly created jobs...since CzechInvest establishment in 1992

3 Our Services Detailed, sector-specific market intelligence and value propositions Access to broad spectrum of financial support Information and advice on doing business in the Czech Republic Identification of business properties or suitable sites Identification of potential business partners, suppliers or acquisition prospects Tailor made visits to the Czech Republic Aftercare

4 Value Added Instruments Sector supplier database: containing around 3,500 up to date records of Czech companies. You can search by sector, technology, products, region and by full text. The databases enable fast and easy searching for suitable suppliers and partners in the Czech Republic. CzechLink: a database of targets actively searching for a strategic investor a marketing platform for M&A. All participants are based in the Czech Republic, have a minimum of 5 year history and need to be financially sound. Business property services: we maintain an up-to-date comprehensive in-house database of commercial and business sites and properties and provide consulting on the Czech business property market. Our database currently covers more than 1,400 business properties (greenfields, brownfields, industrial parks and offices).

5 Priority Sectors We understand that each sector has specific needs that must be met in order to prosper. The Czech Republic can satisfy the most demanding of those needs in many different sectors. CzechInvest focuses on the support of those sectors in which it sees significant potential for development. Energy Life Sciences & Medical Devices Business Support Services High-tech Mechanical Engineering Aerospace Automotive & Green Mobility ICT Electrical Engineering Nanotechnology & Advanced Materials

6 Basic Data about the Czech Republic Area Population Labour force Capital Time zone Language Population of major cities km million 5.3 million Prague GMT 1, summer time GMT 2 Czech Prague - 1,267,449 Brno - 377,028 Ostrava - 292,681 Plzeň - 169,858 Infrastructure in the Czech Republic Highways Planned highways Motorways Airport Source: Road and Motorway Directorate of the Czech Republic, 2016; CzechInvest, 2016

7 Main Reasons to Invest in the Czech Republic Safe investment environment Strong focus on R&D Skilled and well-educated workforce Stable social and political system Favourable labour costs and price stability EU membership Central location in Europe Mentality, culture and attitudes similar to those of Dense and high-quality infrastructure Western countries Transparent system of investment incentives High quality of life

8 Impressive FDI Results Total: EUR billion/usd billion ( ) 1.4% 3.1% 1.7% 11.7% 25.4% 29.5% 12.6% 4.72% 5.66% 10.38% 5% 11.1% 0.9% 1.2% 23.9% 7.2% 33.4% 1.7% 2.6% 4.7% 6.1% 13.2% 79.25% 3.6% Cumulative FDI Inflow by Sector, Cumulative FDI Inflow by Country, Investment Projects Mediated by CzechInvest in 2015 Financial intermediation Manufacturing Real estate and business activities Trade, hotels and restaurants Information and communication services Transport, storage and communications Electricity, gas and water Construction Other Source: Czech National Bank, 2016 Germany Netherlands Austria France United States Switzerland United Kingdom South Korea Japan Sweden Other Business support services ICT Manufacturing Technology centres Source: CzechInvest, 2016

9 Czech Credit Ratings GDP per Capita in EUR (2014) Country Standard and Poor s Moody s Czech Republic AA- A1 A Slovak Republic A A2 A Fitch Czech Rep. Slovak Rep. 14,700 13,900 Poland BBB A2 A- Poland 10,700 Russia BB Ba1 BBB- Hungary 10,600 Bulgaria BB Baa2 BBB Hungary BBB- Ba1 BBB- Romania BBB- Baa3 BBB- Note: Foreign currency long-term sovereign debt ratings Source: Czech National Bank, 2016 Source: Eurostat, 2016

10 Successful Investors Stories Ramanath Ramakrishnan Chief Technology Officer and Executive Vice President, Eaton Eaton chose to locate its European Innovation Center in Prague for several reasons, but most important for us were the city s close proximity to many of our largest customers in the region, the availability of world-class engineering talent as well as the ongoing support from the Czech authorities. The European Innovation Center in Prague also builds on the easy access to Eaton s existing operations in other parts of Europe, including the Czech Republic, which include our Vehicle Group manufacturing facility in Chomutov and our Electrical Sector facilities in Prague and Suchdol nad Lužnicí. Radovan Musil Development Centre Director, Red Hat Czech s.r.o. The pool of engineering talent within the country s open source community and the strengths of its universities provide a firm foundation of technical excellence from which to grow our business. David Mansfeld Director of Johnson and Johnson SSC Reasons for choosing Prague as the home of our SSC included an available, strong, quality and multilingual workforce, the macroeconomic stability of the Czech Republic and well-developed infrastructure. Government support and investment, in which Johnson & Johnson worked closely with CzechInvest to obtain, also had a positive contribution to the decision-making process and helped bring the last pieces of the decision-making puzzle into place. Paul Kaye Managing Director of Rolls-Royce Central and Eastern Europe When Rolls-Royce made the decision to enter the Central and Eastern European market in the mid-1990s, the Czech Republic was the natural choice. Prague had the infrastructure and location that we needed for establishing our headquarters for Central and Eastern Europe. Today, from Prague we manage our business encompassing civil aerospace, defence aerospace, marine and civil nuclear engineering in nineteen countries across the territory.

11 CzechInvest Worldwide Düsseldorf Phone: London Phone: Mobile phone: New York Mobile phone: 1 (347) newyork@czechinvest.org San Francisco Mobile phone: 1 (831) california@czechinvest.org Scandinavia Phone: scandinavia@czechinvest.org Seoul Phone: seoul@czechinvest.org Šanghaj Mobile phone: china@czechinvest.org Tokio Phone: tokyo@czechinvest.org Scandinavia London San Francisco New York Düsseldorf Czech Republic Shanghai Seoul Tokyo Foreign Offices

12 Contacts Stepanska 15, Prague 2 Czech Republic Phone: fdi@czechinvest.org