News

Spotlight issue

1st December 2022 / Competitiveness / Technology, R&D and Innovation


Flying Lab (Testbed) – new addition to Honeywell labs in Brno region

Honeywell's Brno team has a new addition to labs (5,000 m2 of advanced tech & engineering facilities in Brno, CZ). This laboratory accelerates the process from Idea to Product. Ideas that were invented and patented by our local scientists & engineering teams in close collaboration with European and Global customers with help of local partners and suppliers.  

1st December 2022 / Competitiveness / Energy and Environment


Compensation for energy costs for large businesses: applications to be accepted from 15 November

On 2 November 2022, the Ministry of Industry and Trade published the first call for large businesses to apply for aid with respect to increased gas and electricity costs under the European Commission's Temporary Crisis Framework (TCF). Applications will be accepted from 15 November 2022 to 31 January 2023. CZK 30 billion is available for allocation, but the amount may further be adjusted. The call may end before this date, especially if the allocation is exhausted. Applications should therefore be prepared and submitted as soon as possible.

1st December 2022 / Competitiveness / Business and Industry


CTP is building the most modern office building in Central Europe on a former brownfield in Brno, where the post office will be delivered by drones

CTP, the largest developer of sustainable industrial and logistics parks in the Czech Republic, will build a completely new office building – Building I – in the premium office complex Vlněna, which is located on the territory of a former Brno brownfield. In the center of the Moravian metropolis, an iconic building with unique architecture, designed by Studio acht, will be built by mid-2024. The 61-meter-high building with a unique glass façade will cost the developer CZK 600 million.

1st December 2022 / Good governance / Legal Reform and Transparency


5% social security contributions reduction for employers who employ selected groups of jobseekers

As of next year, employers may apply a 5% reduction to the employer’s social security contributions for their employees. The rationale behind the relevant amendment to the Act on Social Security and Employment Policy Contributions is to motivate employers to hire individuals who, due to their age or various life situations, cannot enter into full-time employment.

1st December 2022 / Good governance / Legal Reform and Transparency


The Ministry of Finance published a draft of the new Accounting Act

On 26 October 2022, the Ministry of Finance sent a draft of the new Accounting Act for the comment procedure. The draft of the new Accounting Act is based on the intended subject-matter that was approved by the government on 5 October 2020. The intended subject-matter was developed by the Ministry of Finance in cooperation with a working group that included experts from both the academic background and accounting and audit practice.

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