News

Spotlight issue

16th October 2023 / Good governance / Energy and Environment


The corporate sustainability reporting directive became part of the government's budget consolidation package

As a surprise to everyone concerned, the current Budget Consolidation Package, to become effective for the most part as of January 2024, includes a partial implementation of the Corporate Sustainability Reporting Directive (CSRD).

CSRD requires companies to report on the impact of corporate activities on the environment and society, and requires the audit of such reported information. The Budget Consolidation Package (and the subsequent amendment 3149 by MP Havranek) proposal addresses the first phase of the CSRD obligations,
i.e. to publish the sustainability report.

10th October 2023 / Competitiveness / Technology, R&D and Innovation


Rožnov has been designing cutting-edge chips for 30 years

This year marks the 30th anniversary of the semiconductor design centre in Rožnov pod Radhoštěm, which is awaiting further significant development. The centre is a key location for onsemi, a company from the United States that designs and manufactures chips and integrated circuits in Rožnov for customers from all over the world, as well as for domestic applied research and universities. Components from Rožnov are mainly destined for automotive and communications technology, computers, but also consumer electronics, industry, energy and a wide range of other sectors.

9th October 2023 / Good governance / Legal Reform and Transparency


Legal Update - September 2023

News in legislation
  • Amendment to the Act on Electronic Acts and Authorised Conversion of Documents
  • Draft Law on Collective Civil Proceedings  

5th October 2023 / Competitiveness / Tax & Finance


Turning the Corner? CMS European M&A Outlook 2024

We are pleased to share with you the 2024 edition of the European M&A Outlook, published by CMS in association with Mergermarket.

5th October 2023 / Competitiveness / Transport, Infrastructure and Tourism


Prague Airport Celebrates the 100th Anniversary of Czech Airlines

It has been 100 years since the story of Czech Airlines, which is in many ways connected with the history of Prague Airport, began to be written. Václav Havel Airport Prague is therefore happy to join the celebrations. Czech Airlines was founded on 6 October 1923. In 1937, it moved its base to Prague Airport, then the Ruzyně Airport.

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