News
Coca-Cola will be delivering its products by hybrid cars in Prague
Starting last December, a total of 10 new Mitsubishi hybrid trucks began distributing Coca-Cola beverages around the wider center of Prague. Greener alternative of transport will reduce CO2 emissions by up to 23%. Due to the lack of drivers in the market, the company also decided to create its own team of 12 drivers instead of hiring external carriers.
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EY: Renewable power is only part of the solution to meet net-zero targets
- The electrification of transport and heat, hydrogen power and smart grid infrastructure are all essential investment areas
- Matching capital with capacity requires new investment models
- China retains top position on renewables index despite slowdown
To meet net-zero targets, investment is needed not just in renewable generation, but also in the electrification of transport and heat, hydrogen power and smart grid infrastructure, according to the 54th EY Renewable Energy Country Attractiveness Index (RECAI).
Benefits and drawbacks of the 2020 amendment to the Czech General Fiscal Code
What’s new in the amendment to the Czech General Fiscal Code? More straightforward review procedures, lower default interest, electronic communication with the taxman, among others.
The end of the year was in a rush in the field of investment in commercial real estate and confirmed both the dominance of Prague and Czech investors
The volume of investment in commercial property in Prague approached 80% of all Czech transactions last year. Even though they reached a total volume of €1.2 billion. The end of the year was relatively hectic. For example German investment company Deka Immobilien sold the Lighthouse Towers administrative complex in Prague's Holešovice to Czech firm Star Capital Investments just a few days before the arrival of the new year. According to CBRE, the world leader in commercial real estate services, there were more than twenty running negotiations in the last calendar month that will be closed during this year. Transaction volume in commercial real estate in 2020 will reach in the Czech Republic €3 billion. And office buildings will be once again the most demanded.
Strategic Directions for Czech Economic Policy
- Transition to High-Tech Manufacturing and Exports
- The City Campus as Idea Factory
- Government Programs and Processes That Drive Innovation
- 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.
