Czech Business Today
Volume XXII, 8-2023
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CONFEDERATION OF INDUSTRY OF THE CZECH REPUBLIC INTRODUCED EU PRIORITIES FOR 2024-29
President Rafaj of the Confederation of Industry of the Czech Republic (SP ČR) presented the priorities of Czech… continue reading »
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CZECH REPUBLIC LAUNCHES AMBITIOUS CALL TO PROMOTE ELECTROMOBILITY: PURCHASE OF ELECTRIC VEHICLES AND CONSTRUCTION OF CHARGING STATIONS WILL RECEIVE A FINANCIAL INJECTION OF CZK 1.95 BILLION
The Ministry of Industry and Trade of the Czech Republic (MIT) has published a call from the National Recovery Plan… continue reading »
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PRIVATE CAPITAL WILL PLAY AN INCREASINGLY IMPORTANT ROLE IN FOREIGN DEVELOPMENT COOPERATION
In the current debate on Ukraine's reconstruction, the issue of financial resources is paramount. Public subsidies are… continue reading »
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GLOBAL BATTLE OF OFFERS – FROM THE CHINESE BELT AND ROAD INITIATIVE TO THE EU GLOBAL GATEWAY
The global gap in investments between high-income countries and low- and middle-income countries has been widening in… continue reading »
Flash news
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CZECH GOVERNMENT APPROVES INVESTMENT INCENTIVES OF CZK 1.4 BILLION FOR FOUR KEY PROJECTS
The Czech government will support chip manufacturing, light technology development, electromobility and optics to increase competitiveness and reduce unemployment. Investments of CZK 1.4 billion will go to on Semiconductor Czech Republic, Lumax Industries Limited, PCE Paragon Solutions and Fielmann Aktiengesellschaft. These projects represent strategic steps towards greater self-sufficiency and innovation in the Czech Republic. The amendment to the Investment Incentives Act, which facilitates the approval process, is expected to take effect from the beginning of 2024.
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PLAN FOR THE DEVELOPMENT OF SMALL AND MEDIUM-SIZED NUCLEAR REACTORS IN THE CZECH REPUBLIC
The Czech government has endorsed a plan by the Ministry of Industry and Trade entitled “Plan for Small and Medium-Sized Reactors in the Czech Republic – Utilization and Economic Benefits”. This plan incorporates innovative technologies into the State Energy Concept and the Czech Land Development Policy, identifying potential investment models and sites. The Minister of Industry and Trade Jozef Sikela emphasizes that small and medium-sized modular reactors (SMRs) can strengthen the Czech Republic’s energy base and offer an exceptional opportunity for Czech companies in the high added value nuclear energy sector. SMRs, with a capacity of up to 700 MW, are becoming key technologies, and their modular design allows for use in various sectors, including power, heat and hydrogen generation.
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MERRY CHRISTMAS AND A HAPPY NEW YEAR!
As another challenging year is almost at an end, the CEBRE team would like to thank all partners and colleagues and wish you peaceful holidays and a successful New Year.
The CEBRE office and the entire team look forward to starting our third decade of representing Czech businesses in Brussels next year.
