News

Spotlight issue

29th January 2018 / Competitiveness / Employment and Social Affairs


ISPV/Trexima/ČSÚ: Recent data on median & average wages, labor costs per employee

In 3Q 2017, the biggest difference between median and average was recorded in the private sector in the banking and insurance sector, where the gap reached CZK 11,652 per month. There are professions in the information and communication sector where the monthly average wage was 10,012 CZK higher than the median wage, says Trexima, based on data in the Information System on Average Income ISPV that includes data on median wages.

29th January 2018 / Economic policy / Trade and Investment


Now for the next 100 years

AmCham members and Czech government officials convened at the US Residence to welcome US Ambassador Stephen B. King to the country and into the business community. 2018 marks one hundred years since the founding of Czechoslovakia, and the country now may be living at the highest point of prosperity and security in that century of struggle and triumph. 

26th January 2018 / Politics / Elections


Euractiv.cz: Analyst: Euroscepticism among Czechs will stay, even with new president

The roots of Euroscepticism among the Czechs go back 10 or 15 years and if Jiří Drahoš defeats the incumbent President Miloš Zeman in a runoff vote on 26-27 January, he will struggle to reverse the trend, political analyst Lubomír Kopeček told EURACTIV.

25th January 2018 / Competitiveness / Energy and Environment


Eurostat: Czech Republic achieves 2020 goal for share of renewables in energy consumption

According to Eurostat, in 2016, the share of energy from renewable sources in gross final consumption of energy reached 17% in the European Union (EU), double the share in 2004 (8.5%), the first year for which the data are available. Among the 28 EU Member States, 11 have already reached the level required to meet their national 2020 targets: Bulgaria, the Czech Republic, Denmark, Estonia, Croatia, Italy, Lithuania, Hungary, Romania, Finland and Sweden.

25th January 2018 / Competitiveness / Business and Industry


Emerging Europe surpasses 2,000 M&A deals in 2017

China became the largest foreign investor across emerging Europe* in 2017, according to the “Emerging Europe M&A report 2017/2018” published by CMS in cooperation with EMIS. China increased the value of its investments into the region by 78% to €7.7bn, after a 96% rise in 2016. The US remained the busiest investor by number of deals with 92 transactions in 2017. These results may be a sign of things to come for the region as domestic investment continued to dominate activity: Russian investors clocked up 603 deals worth a value of €22.5bn; Polish investors negotiated 166 deals worth €4.3bn. 

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