News
Passerinvest plans to invest CZK 35 billion in this decade
Passerinvest Group (Passerinvest), which celebrated 30 years since its establishment in December of last year, is behind the urban transformation of the Prague locality Brumlovka in Prague 4, which is one of the largest projects of its kind in Central Europe. During this period, Passerinvest’s investment activity has enriched the state coffers by CZK 71 billion. In the last 16 years, it has also been involved in the preparation of the appropriate urban development of Prague - Roztyly. The company plans to invest an additional CZK 35 billion in both locations in this decade. The outlook includes commercial and residential projects, the expansion of civic amenities and publicly-accessible spaces for the general public.
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The Catalyst™ engine chosen by Airbus to power Eurodrone
The advanced European turboprop was selected by Airbus Defence and Space for the new Eurodrone
Prague, Czech Republic – Airbus announced on March 25th that it has selected Avio Aero to power the Eurodrone unmanned aerial system with its Catalyst engine. The program includes 120 engines and a multi-year service and maintenance agreement.
How to tax income from cryptocurrencies held by a natural person?
With the deadline for filing personal income tax returns approaching as early as 1 April 2022 for paper filing and 2 May 2022 for electronic filing, many taxpayers may be wondering how to handle the taxation of cryptocurrency income.
Temporary protection and free access to labour market for Ukrainian citizens approved by Czech deputies
Responding to the Ukrainian emigration wave, on 9 March 2022 the Czech Government and subsequently also the chamber of deputies approved several bills. In this article, we will mainly focus on the bills that aim to implement EU Directive 2001/55/EC of 20 July 2001 responding to the conflict in the former Yugoslavia and presenting basic starting points and solutions for similar situations, specifically concerning the residence of Ukrainian citizens and their access to the labour market.
CTP reports full occupancy at its four industrial parks around Prague with the newest pharmaceutical tenant MAPO medical moving into CTPark Prague East
CTP, the largest publicly traded developer and operator of logistics and industrial real estate in Continental Europe, has handed over its last unit at CTPark Prague East in the Nupaky district in Prague, filling the last of its vacant capacity in and around the capital city. The last tenant to move into the newly constructed 13,000 m2 building with latest quality standards and a glass showroom is MAPO medical.
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.
