News

Spotlight issue

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.

13th December 2023 / Competitiveness / Energy and Environment


Passerinvest Group presented its ESG strategy

Passerinvest Group, a.s. (hereinafter referred to as Passerinvest), presented its ESG strategy and the specific goals it wants to achieve in the future. Passerinvest has long actively supported efforts to achieve the Sustainable Development goals adopted by all member states of the UN Council in 2015. Through a series of measures, it has specified a set of objectives in its ESG strategy for reducing its carbon footprint, energy consumption, amount of water consumed and non-recyclable waste produced, for developing above-standard partnerships within local communities, and for creating a welcoming environment for employees, tenants and neighbours.

13th December 2023 / Competitiveness / Digital Agenda


Gen Reveals Cybersecurity Predictions for 2024

With sophisticated AI, threats will become highly personalized, both for individuals and small businesses

TEMPE, Ariz., and PRAGUE, Dec. 7, 2023  /PRNewswire/ -- Gen™ (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of Cyber Safety brands' cybersecurity solutions, today released its top cyberthreat predictions for 2024. Gen experts stress the need for consumers to be on the lookout for highly individualized threats. From cybercriminals using deepfakes to mimic the voice and appearance of family or colleagues to spyware apps delivered via believable ads or direct messages, this year it will be more critical than ever to double check that what you think you see, hear, read and click in 2024 is what it appears to be.

13th December 2023 / Good governance / Legal Reform and Transparency


New developments in investment incentive legislation

The senate has approved an amendment to the Investment Incentives Act that should simplify and speed up the investment incentive approval process. A related government decree that changes the permissible level of public aid in the regions of cohesion in the Czech Republic from 2024 was published in the Collection of Laws at the end of November. We provide details below.

13th December 2023 / Competitiveness / Business and Industry


CTP leases so far over 400,000 sqm of logistics space in Czech Republic in 2023

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has so far concluded lease deals with a total area of over 400,000 sqm for space in industrial properties in the Czech Republic in 2023, including more than 10 lease contracts for premises larger than 10,000 sqm.

The largest transaction was a contract to renew the lease of almost 54,000 sqm of space in CTPark Bor. The developer continues to build new industrial space across the Czech Republic and is confident that the Czech industrial property market will continue to grow.

Strategic Directions for Czech Economic Policy

  1. Transition to High-Tech Manufacturing and Exports
  2. The City Campus as Idea Factory
  3. Government Programs and Processes That Drive Innovation
  4. Government as a Competitive Advantage, including Digitization

Advocacy Priorities for 2023 
 
Technology, People, Infrastructure

 

Actions Recommended in Areas:

1. Establishing Policy Objectives for Research.

2. Research Investment and Cooperation. Big Bets (Key Technology Projects).

3. Establishing Databases for Tracking Public Policy Outcomes.

4. Public Procurement as an Innovation Tool.

5. Immigration of STEM Talents.

6. Digitization of Immigration. 

7. Adult Reskilling and Upskilling.

8. Digitization of Land Use.

9. Infrastructure Development, including Technology Parks.

 

 

Read the documents in English and Czech.

Policy pipeline

In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.

Members of the American Chamber of Commerce in the Czech Republic