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
Honeywell Czech Tech Goes to Space
Since 2005, technologies from Honeywell’s Advanced Tech Lab in Czechia (formerly the Czech Republic) have been quietly going about their business revolutionizing the aviation and aerospace industry. From leading many projects within the SESAR program to Very Large Demos of precision landing systems and performance navigation software, our engineers and scientists have been working with industry partners to enhance aviation safety, efficiency and performance.
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Prague business launched recovery program for SMEs
Prague businessmen and experts launched a platform "DoToho!" to support recovery of mostly Prague-based SMEs with turnover from CZK3 million to CZK300 million. The program initiated by AmCham member Opero´s owner Pavel Přikryl and supported by City of Prague, EU funded Prague Smart Accelerator project and other companies such as Google or T-Mobile, will become part of Prague Innovation Strategy.
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Erste Group supports social organizations in CEE with emergency loans during Covid-19 crisis
Erste Group’s Social Banking is helping social organizations in CEE by offering them Covid-19 emergency working capital loans for which the ERSTE Foundation is covering all loan-interest payments for 2021 . Initially launched in May 2020, these loans aim to support non-profit organizations (NPOs), especially those within the fields of health and social welfare. Based on the demand coming from the social sector, Erste Group has prolonged the initiative until September 2021. Erste Group disbursed EUR 14 mn in loans, including emergency working capital loans, to over 100 social enterprises and NPO’s in 2020.
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