New Frost & Sullivan Webinar Explores the Czech Republic’s Economic and Industry Prospects

WHERE: Please click here to register your complimentary participation or email [email protected]

SPEAKERS:  Neha Anna Thomas, Senior Research Analyst, Emerging Market Innovation (EMI), Frost & Sullivan; Martin Partl, Ph.D., Business Development Director, CzechInvest

The Czech Republic ranks among the leading Central and Eastern European countries with regards to foreign direct investment (FDI) attractiveness, buoyed by investor benefits, including access to the EU single market and an educated workforce at a reasonable cost.

Moreover, investors can also be assured of the country’s economic stability, as evidenced by factors such as robust GDP growth, a sound fiscal position, and a low unemployment rate.

The Czech Republic is recognised for its optimal business environment that responds to the needs of a knowledge-based and innovation-driven economy.  Martin Partl, Business Development Director at CzechInvest, explained: “Record flows of FDI, European dominance in computer production, a complete automotive supply chain, a track record in supporting global ICT operations, burgeoning growth of Czech suppliers, and the shift away from labour cost-sensitive investments to high-value added activities and extensive R&D, will emerge as the pillars that sustain the Czech Republic’s growth and drive international competitiveness.”

In addition to the ongoing transition towards high-value activities, the country is also driving several initiatives to support greater digitisation across the economy, including the National Initiative Industry 4.0, Digital Czech Republic v. 2.0, the updated state policy on electronic communications, and the National Plan for the Development of Next Generation Networks (NGNs).

Neha Anna Thomas, Senior Research Analyst at Frost & Sullivan highlighted: “While there could be some delays in the achievement of targets of the national plan concerning NGNs, this initiative should help drive economic growth and close the high-speed internet access gap between urban and rural areas.”

Expert Insights You Will Not Want to Miss:

  • Learn more about evolving macroeconomic conditions in the Czech Republic
  • Understand how initiatives such as the National Plan for the Development of Next Generation Networks and Industry 4.0 will reshape industry and drive investments
  • Identify trends and growth prospects across key industries, such as automotive, aerospace, and nanotechnology
  • Engage in a live Q&A session with expert panellists

To register your attendance or receive a link to the recording, please click here or email Kristina Menzefricke, Corporate Communications, at [email protected]

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact

Kristina Menzefricke
Corporate Communications – Frost & Sullivan, Europe
P: +44 (0)208 996 8589
E: [email protected]
http://ww2.frost.com

SOURCE Frost & Sullivan

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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