Competitiveness

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.

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Spotlight issue

18th March 2021 / Competitiveness / Business and Industry

AmCham Real Estate Council Hotel Market Overview: “The ones who are best at managing costs will come out as winners.”

AmCham Real Estate Council chair Bert Hesselink of CTP Invest presented results of AmCham Hotel Market Survey, showing that less than 5% of respondents are definite about closure of their hotel. Around 75% of respondents see strong demand from customers to travel. Respondents rate government support at 3 out of 5 (on the scale 1-highest, 5-lowest score). Agata Janda of JLL added the CEE perspective and trends, Jan Adámek of JAN Hospitality provided further data on the Prague market, and hoteliers shared their experience from day-to-day operation of hotel nowadays.

17th March 2021 / Competitiveness / Digital Agenda

The Circular Economy Can Help Reduce Vehicle Lifetime Emissions by up to 75% by 2030, according to Accenture and the World Economic Forum

The automotive industry must take swift action now to decarbonize and prepare for increased mobility demands

10th March 2021 / Competitiveness / Energy and Environment

Erste Group to phase out business activities in the thermal coal sector by 2030

Erste Group launched a long-planned review of the fossil fuel chapters in its “Responsible Financing Policy” at the end of 2020, following a delay due to the global pandemic. The increased urgency brought about by rising global temperatures has led Erste Group to tighten its financing parameters for thermal coal related activities. “The Corona pandemic is an obvious chance for an ecological reboot for the whole economy. I believe that future growth must come from sustainable projects,” said Bernd Spalt, CEO of Erste Group.