Czech Republic Market Overview and Opportunities
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general presentation update March 2013. Market Overview and Opportunities. Czech Republic in Europe. Map of Czech Republic. Population. 10. 5 million. Area. 78, 900 sq. km ; 30, 500 sq. miles. Capital. Prague, population 1.2 million. Major Cities. Brno, Ostrava, Plze ň , Olomouc.

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Market Overview and Opportunities

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Market overview and opportunities

Czech Republic Market Overview and Opportunities March 2013


Market overview and opportunities

general presentation update March 2013

Market Overview and Opportunities


Czech republic in europe

Czech Republic in Europe


Map of czech republic

Map of Czech Republic


Czech republic basic facts

Population

10.5 million

Area

78,900 sq. km; 30,500 sq. miles

Capital

Prague, population 1.2 million

Major Cities

Brno, Ostrava, Plzeň, Olomouc

GDP per head

20,400 USD (IMF)

UK Exports

£ 1.8bn (2011)

UK Imports

£ 4.2bn (2011)

Czech Republic: basic facts


Czech republic basic facts1

Czech Republic: basic facts

Member of:

NATO, EU (since 2004), OECD, UN, IMF, WTO, Council of Europe

Highly developed industrial base:

Manufacturing and engineering, mining, automotive, electronics, construction, machinery, metallurgy, glass manufacture, production of beverages (beer)

Intensive growth in the service sector

Working population of 5.3m, well educated and skilled workforce


Czech republic basic facts2

Czech Republic: basic facts

British investment reached more than Eur2bn since early 90’

Major investors: Vodafone, Tesco, Logica, Rolls Royce

CEE Headquarters: Mott MacDonald, BAE Systems, M&S, Rolls Royce, Allen & Overy

Financial services: HSBC, RBS, Provident Financial

Retail: M&S, Karen Millen, TM Lewin, Next, Mothercare, Top Shop, Body Shop, Tie Rack, Debenhams

Luxury brands: Burberry, Jimmy Choo, Barker, Agent Provocateur

Over 300 British companies present in the market


Czech republic more basic facts

Czech Republic: more basic facts


Czech republic political situation

Czech RepublicPolitical situation


Czech republic czech industry

Czech RepublicCzech Industry

  • Generates 30% of GDP and employment (1.3 million)

  • 50% of production depends on exports

  • Key branches

    • Production of automotive vehicles and related production (rubber and plastics)

    • Production and distribution of electricity, gas, heat and climatised air

    • Production of metal structures and metalworking including machinery and equipment

    • Production of other non-metal mineral products (linked to construction)

    • Production of food

    • Production of basic metals, metallurgy, casting

    • Production of ICT, electronics and optical devices


Czech republic opportunities

Czech RepublicOpportunities

PRIORITY SECTORS

  • Power

  • Science & Technology/Innovation (ICRC, CEITEC, ELI)

  • Food & Drink

  • Consumer Goods – luxury and high street brands


Czech republic opportunities market entry

Czech RepublicOpportunities Market Entry

Sales

  • Direct

  • Distributor (Agent)

    Investment

  • Local manufacture

  • Branch/Subsidiary

  • Partnership/Joint venture


Czech republic business culture

Czech RepublicBusiness Culture

  • Liberal/sophisticated market

  • British products good reputation

    Welcome face to face

  • Confirm language of meeting/if in doubt, use an interpreter

  • Confirm objectives of meeting

  • Relaxed


Czech republic ukti team prague

Czech RepublicUKTI Team Prague

  • Over 500 companies can’t be wrong!

  • Strong collaboration with other colleagues in Central Europe e.g. regional

    market reports, regional events, Regional Director

  • Good relationship with Czech Government and other partners

  • Work closely with the British Chamber of Commerce

    (www.britishchamber.cz)


Czech republic summary

Czech RepublicSummary

  • Much closer than BRIC/ Excellent strategic location

  • Very strong history of innovation, entrepreneurs, productivity, engineering

    and industrial tradition

  • Access to EU structural funds

  • Natural crossroads between East & West

  • Anglophile; British products & investment well received

  • Well educated, skilled & still relatively low cost workforce

  • English widely spoken

  • EU member

  • Many business opportunities

  • It's close...


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