Significant Industrial Branches and Investors

Automotive industry

Czech Republic concentrates more automotive industry and its related branches than any other country in the worlds. It focuses on reseach and development projects more than other European countries.

Top location:

• Outstanding engineering tradition
• Excellent technical education (29% of total degrees awarded worldwide graduate from science and engineering field), Czech Technical University of Prague (CVUT) - one of the largest technical university.
• Ongoing training of qualified professionals

Significant Investors:

Toyota Peugeot Citroën Automobile

Toyota Motor Corporation (Japan) and PSA Peugeot Citroën (France) have built new automotive facility in Kolín expecting the investment to be worth EUR 1,5 billion creating more than 2000 new jobs

Škoda Auto

Škoda Auto, one of the biggest car company in Central and Eastern Europe and leader in the Czech market, in cooperation with VW, invested USD 562 million and created more than 700 new job positions.

Hyundai Motor

Hyundai Motor (S.Korea) - Nošovice (Frýdek Místek) is expected to operate its business in 2009, estimated investment to be worth EUR 1 billion (CZK 28 billion), creating more than 3000 new jobs, producing annually 300.000 automobiles.

Steel industry

One of the biggest companies of the steel industry is the Mittal Steel Ostrava, a.s./previously named ISPAT Nová Huť, a.s./ This company belongs to one of the most significant exporters in the Czech Republic, exporting 59% of its products to 88 countries worldwide. Most of the products serve for building and automotive industry. Significant export article is the road barriers of which is Mittal Steel Ostrava the only manufacturer and the main supplier to the Czech and Slovak market.

Electronic industry

Second largest sector in Czech Republic. Production of electronic components, consumer products.

Chemical and pharmaceutical industry

Significant representative in the chemical industry is the group of companies Unipetrol in the areas of petrochemicals, agricultural chemistry, crude oil.

Production of chemical substances, pesticides, pharmaceuticals and other products, cleaning and cosmetic products.

Wide range of plastic products for all industry segments - production of automotive vehicles, construction industry, agriculture, food processing industry

Hi-tech engineering industry

Production of engineering equipment, production of cutting machines and metal shaping machines, metal - working machines. In 2002 exported to more than 85 countries.

Textile industry

Production of textile products apart from clothing, production of knit and crochet products