News

Spotlight issue

21st January 2021 / Competitiveness / Trade and Investment


Emerging Europe M&A 2020 activity dampened but far from snuffed out

  • Deal volume in emerging Europe dropped by 12.9% (1,705 deals) and total value by 16% (EUR 60.80bn) in 2020
  • Czech Republic witnessed 119 deals at a value of EUR 2.74bn and the lowest dealflow since 2012 (102 deals; EUR 1.30bn)
  • Czech real estate deals decreased from 48 to 27 year-on-year, and is now closely followed by Telecoms & IT as second busiest sector (26 deals)
  • Private equity deals accounted for 18.7% of total volume of deals in the region
  • Poland was the sole country in the region to see growth in both deal volume (9.3%) and value (6.6%)

20th January 2021 / Politics / Elections


Open Letter of the U.S. Chamber of Commerce: To Our Nation’s Elected Leaders: Americans Hired You. It’s Time to Do the Job.

An Open Letter to the President, Vice President, and Congressional Leaders. 

At the U.S. Chamber of Commerce, we know one of the most powerful and life-changing phrases is, “You got the job.” For countless Americans, that sentence holds the promise of a new start, a new chapter, and a new pathway to the American Dream. And it represents the opportunity that businesses, entrepreneurs, and innovators breathe into communities across the nation every single day.  

20th January 2021 / Politics / Elections


Global economy watch: Predictions for 2021

From the great lockdown to the great rebound

Projecting what the future holds is an important exercise for business and governments looking to plan ahead. In our first edition of 2021, we look ahead to the trends we expect to come to the fore in the global economy in the year to come.

 

20th January 2021 / Competitiveness / Transport, Infrastructure and Tourism


Prague Airport Handles Nearly 3.7 Million Passengers in 2020 and Is Ready for 2021 Traffic Enhancement

Throughout the course of 2020, a total of 3,665,871 passengers passed through the gates of Václav Havel Airport Prague. The operation of the airport was unprecedented due to the COVID-19 pandemic, in particular the related restrictions on travel and the worldwide decline in demand for flying. As a result, 79% fewer passengers were handled in Prague compared to 2019. In January and February 2020, there were direct flights serviced from Prague to a total of 111 destinations around the world. In the following months, the offer was limited and continued changing based on the epidemiological situation. Passengers were offered flights to up to 87 destinations on an ongoing basis. Last year, the routes to the United Kingdom were, traditionally, the most popular, with the greatest number of passengers flying to/from London. The airport is ready to resume its operations this year and continues to focus to the measures aimed at protecting the health of both passengers and airport employees.

20th January 2021 / Good governance / Social Responsibility


Opening a EUR 2m fund for digital inclusion today: Google.org Impact Challenge CEE

It is my pleasure to inform you that the first-ever Google.org Impact Challenge dedicated to Central and Eastern Europe (which will distribute €2 million in grants) has opened for applications in the Czech Republic today as well. 

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