Competitiveness / Business and Industry

This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.

Spotlight issue

23rd May 2024 / Competitiveness / Business and Industry


Passerinvest Group is the first in Prague this year to begin the construction of a new office or multi-functional building, Hila in Prague’s Brumlovka. It will offer offices, shops and rental flats

Today, Passerinvest Group symbolically launched the construction of the multifunctional Hila building in Brumlovka, Prague 4. Upon its completion in the spring of 2027, the building will provide a combination of approximately 20,500 m² of offices for rent (on the 2nd to 8th storeys), 71 rental flats (on the 9th to 15th storeys) and retail spaces of 2000 m² on the ground floor. All within a single building. The building will also offer spacious terraces for office users and balconies with beautiful views for the residents. The Hila building will completely fulfil the company’s ESG strategies and will be equipped with modern technologies, from which the cooling and heating system with radiant ceilings, which represents the most modern concept of indoor climate control, for example, is worth mentioning. Thanks to the well-designed combination with the planned heat pumps, it will be a highly efficient and economical design to operate. The renowned studio Aulík Fišer architekti is behind the architectural design of the project; the construction contractor is GEMO. The owner and investor of the building is Passerinvest Group.
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2nd May 2024 / Competitiveness / Business and Industry


Eurostat: 47 million employed by multinational enterprise groups

In 2022, 146 400 multinational enterprise (MNE) groups were operating in the EU and the European Free Trade Association (EFTA) countries (EU-EFTA). They employed over 47 million people in EU-EFTA countries, or 28% of people working in the business economy including industry, construction and services.
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13th December 2023 / Competitiveness / Business and Industry


Panattoni Park Pilsen West II in Nýřany is completed. The tenant of the new building is Panasonic

The industrial complex Panattoni Park Pilsen West II was built on the brownfield site of the coal mines and consists of two modern manufacturing halls. The investment exceeds EUR 70 million.
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Members of the American Chamber of Commerce in the Czech Republic