czech republic your trade partner / denmark, finland, norway, sweden 2016/2017

CZECH REPUBLIC Your Trade Partner

2016/2017Denmark – Finland – Norway – Sweden

3C z e c h R e p u b l i c – Yo u r Tr a d e Pa r t n e r

Czech Republic – Your Trade Partner

Compiled by the PP Agency s.r.o. in cooperation with

Ministry of Foreign Aff airs of the Czech Republic

Ministry of Industry and Trade of the Czech Republic

Ministry of Regional Development of the Czech Republic

Confederation of Industry of the Czech Republic

Czech Chamber of Commerce

International Chamber of Commerce in the Czech Republic

Confederation of Employers’ and Entrepreneurs’ Associations of the Czech Republic

CzechTrade – Czech Trade Promotion Agency

CzechInvest, Investment and Business Development Agency

CzechTourism – Czech Tourist Authority

Czech Centres

Centre for Regional Development of the Czech Republic

Deadline: 24th March 2016

® Teritoriální publikaceČeská republika – Váš obchodní partner

Published by the PP Agency s.r.o.Myslíkova 25, 110 00 Praha 1, Czech RepublicE-mail: [email protected], www.ppagency.cz

Czech Aerosol, a.s.Velvěty 33 415 01 Rtyně nad BílinouCzech [email protected]

Manufacturer of aerosol products since 1961

Hair care

Sun care

Insecticide + repellent sprays

Shoe care

Personal care

Household

Automotive + technical sprays

PRODUCT PORTFOLIO

osol, a.s.

yně nad BílinouublichAeroso

www.CzechAerosol.cz [email protected]

+420 417 813 607

traditional aerosol manufacturing and annual production of around

is to be the most experienced and the biggest Aerosol manufacturer in the Czech Republic.

customers around Europe, Russia and Middle East co-operation on the base of FULL SERVICE.

R&D, Czech Aerosol offers its cus-tomers maximum flexibility during development of customized and innovative projects. Czech Aerosol product portfolio consists of more than 400 different formulations.


INSTITUTIONS PRESENT THEMSELVESConfederation of Industry of the Czech Republic 44Czech Chamber of Commerce 44International Chamber of Commerce in the CR 47Nordic Chamber of Commerce 47Czech Trade Promotion Agency/CzechTrade 48CzechInvest, Business and Investment Development Agency 51CzechTourism – Czech Tourist Centre 51Czech Centres 52Centre for Regional Development of the CR 52Confederation of Employers’ and Entrepreneurs’ Associations of the Czech Republic 55

CONTACTSUseful Addresses in the Czech Republic 56Useful Contacts in Denmark 56Useful Contacts in Finland 56Useful Contacts in Norway 59Useful Contacts in Sweden 59The Most Important Websites 61

Contents

FOREWORDForeword by Mr Jiří Brodský, Ambassador of the Czech Republic to the Kingdom of Denmark 6Foreword by Mr Martin Tomčo, Ambassador of the Czech Republic to the Republic of Finland 7Foreword by Mr Milan Dufek, Ambassador of the Czech Republic to the Kingdom of Norway 8Foreword by Mr Jiří Šitler, Ambassador of the Czech Republic to the Kingdom of Sweden 9Czech Exporters 10Useful Information 12

ECONOMICSCzech Economy in 2015 15Trade Relations between the CR and Denmark 16Trade Relations between the CR and Finland 18Trade Relations between the CR and Norway 20Trade Relations between the CR and Sweden 23

BUSINESSExamples of Czech Projects in the Nordic Countries 25Investment is One of the Top Priorities for the Czech Government 26Trading Companies in the Czech Republic 28Tax System of the Czech Republic 31

KEY SECTORS IN THE CZECH REPUBLICCzech Engineering – Tradition and Future 32Czech Automotive Industry Stepping up Its Dynamics 35The Czech Republic – a Strong Player in the EU Energy Market 36Czech Manufacturers of Agricultural Machinery are Doing Well 38Nanotechnologies Entering Big Business 41The Czech Republic, an Attractive Tourist Destination 42

Prague – Charles Bridge

Prague – Prague Castle

Phot

o: C

zech

Tour

ism (D

agm

ar V

eselk

ová)

, www

.free

imag

es.co

m, C

over

phot

o: th

e fi rm

s arc

hive

s (AB

X, sp

ol. s

r.o.;

Blaž

ek G

lass s

.r.o.;

Dr.

Mül

ler P

harm

a s.r.

o.; E

RILE

NS s.

r.o.;

Kv.Ř

ezáč

, s.r.

o.; S

lévár

ny T

řinec

, a.s.

; ŠKO

DA A

UTO

a.s.;

Šrou

bárn

a Kyj

ov, s

pol.

s r.o.

; TOS

VAR

NSDO

RF a.

s.; T

RANS

ROLL

- CZ

, a.s.

; ŽAL

UZIE

NEV

A s.r

.o.)

F O R E W O R D

6 C z e c h R e p u b l i c – Yo u r Tr a d e Pa r t n e r

Dear Readers,

The economic relations between the Czech Republic and the King-dom of Denmark benefi t from increasing trade volume (the Czech exports have almost doubled since 2010), the long-term presence of more than 90 Danish investors in the Czech Republic, and ties in politics, culture, and science which date back to the 13th century.Denmark is the closest Nordic country to the Czech Republic, well connected by highways and railways, and direct fl ights operated by Czech Airlines to Copenhagen and Billund. Danish companies like Lego, Marius Pedersen, Bang & Olufsen, Rockwool and others chose the Czech Republic for their investments, due to its position in the very heart of Europe, its convenient infrastructure and access to oth-er countries of Central and Eastern Europe, as well as for its favour-able investment climate, strong economic performance (currently the best among the EU member states), highly skilled labour force, industrial base, and top technical university graduates. Danish businessmen also fi nd the Czech Republic att ractive for its historical sights, rich culture and natural beauty. Both Czechs and Danes like to relax outdoors and the Czech Republic currently boasts more than 100 golf courses, numerous Alpine and cross-country ski resorts, and great cycling opportunities. Danish tourists increasingly like to explore the Czech Republic through camping, visits to mini- breweries or the producers of excellent Moravian wine.Danish companies fi nd Czech partners for important tenders, both in Denmark and abroad, in the energy sector, modernisation of the in-frastructure, construction projects, agriculture and the food industry. I am pleased that we have seen such partnerships winning tenders, thanks to the precision and quality of their products or services, and innovative solutions.There are opportunities for Danish fi rms in the Czech Republic, particularly in the sectors where they are recognised as leaders: e.g. energy, design, architecture, smart cities. It is equally important for the Czech Republic to promote its relations with Greenland and the Faroe Islands, food processing and tourism being the strongest sec-tors. The Czech Embassy in Copenhagen has economic diplomacy as its key priority and is ready to support your activities. I feel certain that if you are seeking a long-term investment in a stable economic environment, the Czech Republic is where you will be successful.

Jiří Brodský

Ambassador of the Czech Republic to the Kingdom of Denmark


Dear Readers,

I am pleased to say that the relations between the Czech Republic and the Republic of Finland are outstanding at all levels, not only in politics and the economy, but also with regard to interpersonal relationships. With some exaggeration, it can be said that, besides ice hockey and Jaromír Jágr, the most famous Czech fi gure in Finland is The Litt le Mole, immediately following on the fame of Emil Zátopek, who won himself the nickname of Satu-Pekka, “Fabulous Pete”. The history linking our two countries goes far back into the past. As early as the 14th century, Finns, prompted by their studies at Prague University, joined in the spiritual and political life back home. In the 16th century, Finnish students came to Olomouc, Moravia, to att end the Collegium Nordicum, a seminary established by the University of Olomouc. During the Thirty Years´ War, terrifying legends circu-lated throughout the Czech Lands about the fi endish Hakkapeliitt as, Finnish soldiers in the Swedish army, who took with them treasures from Prague´s Strahov Monastery and the Strahov Library, which were later destroyed in a fi re in Turku, Finland. Thanks to Czech lin-guists, one of the fi rst translations of the Finnish epic, The Kalevala, appeared in Czech in the 19th century. Czechs have always supported cooperation with our Finnish partners; cultural exchange, tourism and mutual trade are on the rise. Despite the fragile recovery of the European economy and the current structural problems in the Finnish economy, mutual trade is increasing; in 2014, Finland occupied 26th position. Over the past ten years, Czech exports to Finland have been rising signifi cantly; 2014 was a record year with Czech exports increasing by 25.5%. The two countries have much in common. However, the potential for further growth exists, especially in the economy. Both Finland and the Czech Republic are among the most stable economies in Europe with respected industrial traditions. We are linked together by a secure in-vestment environment, skilled labour, well developed infrastructure, emphasis placed on research and development, stable social and political systems and a high standard of living. The Czech Republic is one of the most successful Central European countries with regard to att racting investments. Since 1993, according to the Czech Nation-al Bank, foreign direct investments worth EUR 85 billion have been located in the Czech Republic. More than 100 000 foreign companies, including Finnish fi rms, are based in the Czech Republic.Czech enterprises are competitive in all the main sectors of industry, such as engineering, the automotive industry, IT and communications, nanotechnologies, the aviation industry, etc. The major Czech articles of export to Finland are Škoda motorcars – the third best-selling car make in that country. Czech fi rms are also successful in exporting their ser-vices, while their investments, too, are on the rise. For example in 2015, Skoda Transportation Group purchased a majority share in Trans Tech, the only Finnish manufacturer of railway and city rail vehicles. I am persuaded that the Czech Republic will continue att racting Finnish businessmen and fi rms, not only because of this country´s macroeconomic stability, well developed industry, skilled and mul-tilingual labour force, but also its high standard of living. Prague is a modern, vibrant metropolis which, in addition to its architectural gems, just as other Czech cities also boasts a rich cultural life, beauti-ful nature and top-quality gastronomy.The Embassy of the Czech Republic in Helsinki (htt p://www.mzv.cz/helsinki/en/index.html) is ready and most willing to support your investment activities and wishes you the best of success in your business activities.

Martin Tomčo

Ambassador of the Czech Republic to the Republic of Finland

F O R E W O R D


Dear Readers,

It is with great pleasure that I take this opportunity to greet you on behalf of the Embassy of the Czech Republic in Oslo. In my opinion, people should use every opportunity to learn more about each other and about each other’s countries. This applies to trade similarly as to all other areas.Czech-Norwegian relations, which have a long history, are excel-lent and free of any problems burdening them. Mutual economic and trade relations form a good basis for such a relationship where, on the one hand, Czech exports to Norway are growing and, on the other hand, Norwegian natural gas is fl owing into the Czech Republic. However, developments on the global oil markets have not left Norway unaff ected. This is an opportunity and a challenge for the Norwegian economy to become less att ached to oil extraction in favour of the overall development of the Norwegian economy. The weaker Norwegian Krone gives a boost to Norwegian exports in a number of the country’s traditional export branches. In this sense, this publication may be the fi rst step for Norwegian fi rms when considering entry into the Czech market and the Czech Republic. The Czech Republic has an open economy, which has been showing considerable growth in recent years in comparison with other European countries. In addition, it off ers political and econom-ic stability. In the past few years, certain Norwegian fi rms, including large companies engaged, for example, in the food industry, have already taken this step. Such decisions may be followed by small and medium-sized fi rms.A similar process can also be seen in the opposite direction. For ex-ample, large Czech fi rms operating in the area of construction, have already gained a position for themselves in Norway. In collaboration with Norwegian partners, they successfully participate in tendering for diff erent projects. The automotive industry, too, is doing well. In comparison with the other Nordic states, the Norwegian market is more demanding for Czech fi rms. This is partly because Norway is not a member of the European Union and its collaboration with the EU is based on participation in the European Economic Area, and partly because of the dominance of certain sectors which are not typical for the Czech economy. However, this new situation in which the Norwegian government is striving for the development of “inland industry” is opening up new opportunities for Czech fi rms interested in the Norwegian market.Just as good fortune often heralds the beginning of great things, so it is also possible to imagine that this publication may lead to new information and new contacts and possibilities for Norwegian fi rms to operate on the Czech market, and for Czech fi rms to fi nd new partners in Norway.The Embassy of the Czech Republic in Oslo off ers its assistance and advice in the fi rst steps taken on this pathway. Our aim is to support mutual trade and to contribute towards the strengthening of rela-tions between the two countries and their people. Therefore, do not hesitate to contact us.

Milan Dufek

Ambassador of the Czech Republic to the Kingdom of Norway


Dear Readers,

Since my fi rst days in Sweden, I could experience the intensity of Czech-Swedish economic relations in real life. I was received in the Royal Palace wearing a tophat produced by the traditional Czech company TONAK, only to fi nd out that it´s owned by a Swedish fi rm now. Also horses used during this grand ceremony are raised in the Kladruby stables, founded in the 16th century and located East of Prague.One can see numerous Škoda cars in the streets of Stockholm, and most of the hospital beds sold in Sweden are produced by the Czech company Linet, and their high quality is well known worldwide. 65% of our exports to Sweden is machinery, but also other products are popular. So far, I didn´t see any restaurant or bar that wouldn´t serve Czech beers, and their good reputation is underlined by the fact that some Swedish breweries proudly (and rightly, as far as I could taste) boast that they produce beer in “Czech style”. During my welcoming reception, our Embassy served excellent wines from the Czech Republic´s South Moravian region off ered with great success by Systembolaget. Sweden is a highly popular country among Czechs, and Swedish products are also very visible. Our air force pilots fl y Gripen, and tractors and trailers imported from Sweden are a common sight in the Czech countryside. Sweden ranks with its 120 companies and appr. 12 000 employees among 15 biggest investors in our country, benefi ting from and contributing to our highly competitive, open and knowledge-based economy.I am happy to see that this relationship is not static – statistics prove that the upward trend of our economic relations. Our mutual trade grew by 9.3% in 2015, reaching the volume of almost EUR 3.3 billion. Also the tourism sector, so important for mutual understanding, fl ourishes – growing numbers of Swedes (over 100 000 last year) visit our country annually. New promising innovative sectors, like e.g. life science, are being explored.The Czech Embassy, in cooperation with the Czech Trade, Czech-Tourism and Czech Centre, our government agencies based in Stock-holm, wants to be a reliable partner and facilitator for any entity interested in development of Czech-Swedish economic relations. Our doors are always open for you.

Jiří Šitler

Ambassador of the Czech Republic to the Kingdom of Sweden

F O R E W O R D


09.90 Support activities for other mining

and quarrying

INCO engineering s.r.o. 6010.89 Manufacture of other food products n.e.c.

Dr. Müller Pharma s.r.o. 4313.93 Manufacture of carpets and rugs

GRUND a.s. 0213.94 Manufacture of cordage, rope, twine

and netting

Kv.Řezáč, s.r.o. 5913.96 Manufacture of other technical

and industrial textiles

TRATEC - CS, s. r. o. 4914.31 Manufacture of knitted and crocheted hosiery

BAPON - ŠTEPON, s.r.o. 5520.42 Manufacture of perfumes and toilet

preparations

Czech Aerosol, a.s. 04 Dr. Müller Pharma s.r.o. 4320.59 Manufacture of other chemical products n.e.c.

Czech Aerosol, a.s. 0421.00 Manufacture of basic pharmaceutical products

and pharmaceutical preparations

Dr. Müller Pharma s.r.o. 4322.29 Manufacture of other plastic products

ERILENS s.r.o. 5423.13 Manufacture of hollow glass

Blažek Glass s.r.o. 1323.19 Manufacture and processing of other glass,

including technical glassware

Blažek Glass s.r.o. 1324.10 Manufacture of basic iron and steel

and of ferro-alloys

Šroubárna Kyjov, spol. s r.o. 4024.50 Casting of metals

Slévárny Třinec, a.s. 5824.51 Casting of iron

Slévárny Třinec, a.s. 5824.52 Casting of steel

Slévárny Třinec, a.s. 5825.00 Manufacture of fabricated metal products,

except machinery and equipment

ŽALUZIE NEVA s.r.o. 5325.11 Manufacture of metal structures

and parts of structures

WAREX spol. s r.o. 45 KOMA - Industry s.r.o. 5025.20 Manufacture of tanks, reservoirs

and containers of metal

ABX, spol. s r.o. 6425.21 Manufacture of central heating radiators

and boilers

AGROMECHANIKA v.o.s. 62

25.30 Manufacture of steam generators, except

central heating hot water boilers

ABX, spol. s r.o. 6425.50 Forging, pressing, stamping and roll-forming

of metal; powder metallurgy

Šroubárna Kyjov, spol. s r.o. 4025.60 Treatment and coating of metals; machining

TRANSROLL - CZ, a.s. 2525.62 Machining

KOMA - Industry s.r.o. 50 Šroubárna Kyjov, spol. s r.o. 4025.72 Manufacture of locks and hinges

BLUE RAY a.s. 3425.99 Manufacture of other fabricated

metal products n.e.c.

ŽALUZIE NEVA s.r.o. 53 ERILENS s.r.o. 5426.50 Manufacture of instruments and appliances

for measuring, testing and navigation;

watches and clocks

NEWTE spol. s r. o. 2727.00 Manufacture of electrical equipment

SENCO Příbram spol. s r.o. 6227.12 Manufacture of electricity distribution

and control apparatus

B:TECH, a.s. 4627.32 Manufacture of other electronic and electric

wires and cables

KABELOVNA Děčín Podmokly, s.r.o. 2227.33 Manufacture of wiring devices

KABELOVNA Děčín Podmokly, s.r.o. 2227.90 Manufacture of other electrical equipment

T Machinery a.s. 3928.11 Manufacture of engines and turbines, except

aircraft, vehicle and cycle engines

Doosan Škoda Power s.r.o. 1428.12 Manufacture of fl uid power equipment

KOMA - Industry s.r.o. 5028.15 Manufacture of bearings, gears, gearing

and driving elements

OMEGA spol. s r.o. 1128.22 Manufacture of lifting and handling equipment

TRANSROLL - CZ, a.s. 2528.25 Manufacture of non-domestic cooling

and ventilation equipment

ENERGO CHOCEŇ, s.r.o. 3028.40 Manufacture of metal forming machinery

and machine tools

RETOS VARNSDORF s.r.o. 3728.41 Manufacture of metal forming machinery

BLUE RAY a.s. 3428.91 Manufacture of machinery for metallurgy

INCO engineering s.r.o. 60

Czech enterprises that present their products and services in this publication intend

to expand their exports and seek trade partners in Denmark, Finland, Norway or Sweden.

The fi rms are listed according to the branch codes – NACE.

Czech Exporters


28.92 Manufacture of machinery for mining,

quarrying and construction

T Machinery a.s. 39 INCO engineering s.r.o. 6028.93 Manufacture of machinery for food, beverage

and tobacco processing

J 4 s.r.o. 1928.94 Manufacture of machinery for textile, apparel

and leather production

TRATEC - CS, s. r. o. 4928.99 Manufacture of other special-purpose

machinery n.e.c.

AGROMECHANIKA v.o.s. 62 J 4 s.r.o. 1932.50 Manufacture of medical and dental instruments

and supplies

ORTEX , spol. s r.o. 57 ERILENS s.r.o. 5432.99 Other manufacturing n.e.c.

ŽALUZIE NEVA s.r.o. 5333.00 Repair and installation of machinery

and equipment

Doosan Škoda Power s.r.o. 1435.30 Steam and air conditioning supply

ENERGO CHOCEŇ, s.r.o. 3041.00 Construction of buildings

Metrostav a.s. 6341.20 Construction of residential

and non-residential buildings

WAREX spol. s r.o. 45

42.00 Civil engineering

Metrostav a.s. 6342.99 Construction of other civil

engineering projects n.e.c.

WAREX spol. s r.o. 4543.00 Specialised construction activities

Metrostav a.s. 6343.21 Electrical installation

B:TECH, a.s. 46 SENCO Příbram spol. s r.o. 6246.41 Wholesale of textiles

BAPON - ŠTEPON, s.r.o. 55 GRUND a.s. 0246.45 Wholesale of perfume and cosmetics

Blažek Glass s.r.o. 1347.10 Retail sale in non-specialised stores

AGROMECHANIKA v.o.s. 6268.20 Rental and operating of own or leased real estate

BLUE RAY a.s. 3471.12 Engineering activities and related technical

consultancy

B:TECH, a.s. 46 SENCO Příbram spol. s r.o. 6271.20 Technical testing and analysis

AV ENGINEERING, a.s. 6072.00 Scientifi c research and development

AV ENGINEERING, a.s. 6072.19 Other research and experimental development

on natural sciences and engineering

AV ENGINEERING, a.s. 60

Company profileCompany OMEGA Ltd was established in Zlin in 1991 and is lo-

cated in its own premises with a total area of 8.600 m2 which

include three production halls with a modern-equipped con-

trol department and central warehouse.

The Main ProductionThe main activity of OMEGA is the batch production of wheels

and shafts for gearboxes, the production of camshaft gears,

hollow shafts, gear rings, and other components. We provide

our own material for the production, including heat treatment.

High Precision ProductsThanks to highly skilled employees, long-term experience in

the area, and state-of-the-art technology, we achieve high

productivity of production and the highest possible quality

of products, such as gear wheels for the aviation industry.

QualityCompany OMEGA Ltd is a holder of an ISO 9001:2009

Quality System Certificate ( TÜV SÜD Czech Ltd ) and

has implemented the ISO 14001:2005 system.

The quality of our products is the first priority of

our production. Quality control starts with the pur-

chase of material and continues with every subse-

quent operation, up to the shipping of the finished

product to the customer.

The quality control department is equipped with

modern monitoring instruments and it proves the

quality of the supplied products to the customer

with measuring reports.

www.omega-zlin.cz

Production programmeProduction of Gear Transmissions

Module range 1,0 - 6,0

Accuracy class from 4, according to the DIN standard

• Straight gears

• Helical gears

• Chain gears

• Gear rings

• Splinted shafts

• Clutch shafts

• Hollow shafts

Mariánské Lázně – the Colonnade

Jindřichův Hradec

Křivoklát Castle

F O R E W O R D

Phot

o: C

zech

Tour

ism

, ww

w.fr

eeim

ages

.com

; Map

sou

rce:

Roa

ds a

nd M

otor

way

s H

eadq

uart

ers

State Symbols of the Czech Republic

National FlagLarge State Coat of Arms

The Czech Republic is a landlocked country situated in Central Europe and bordering on Germany, Austria, Slovakia, and Poland.

BASIC DATA Population 10 538 275 (December 2014)Area 78 864 sq. kmCapital city Praha (Prague)Parliamentary system Parliamentary democracy Language CzechHighest peak Sněžka (Snow Mountain – 1603 metres above sea level)Time zone Central European Time GMT + 1, summer time GMT + 2Currency Czech crown (Kč/CZK) =100 halersInternet domain .cz

The President of the Czech Republic is Miloš Zeman

MEMBERSHIP The Czech Republic is a member of the European Union, the United Na-tions, NATO, WTO, the International Monetary Fund, the International Bank for Reconstruction and Development, the European Bank for Re-construction and Development, OECD, and many other organisations.

UNESCO WORLD HERITAGEThe UNESCO World Cultural Heritage List comprises the following cities and sites: Prague, Český Krumlov, Kutná Hora, Litomyšl Cas-tle, Telč, Lednice-Valtice area, Zelená Hora (Green Mountain – St. Jan of Nepomuk Church), Holašovice, Kroměříž (castle and gardens), Holy Trinity Column in Olomouc, Tugendhat Villa in Brno (architect Ludwig Mies van der Rohe), St. Procopius Basilica and the Jewish Quarter in Třebíč. In 2005, the Moravian-Slovakian Verbuňk re-cruitment dance was inscribed on the UNESCO Intangible Cultural Heritage List. In 2010 another entry on the List was the Shrovetide Carnival and Falconry and, in 2011, the Moravian-Slovakian Ride of the Kings. More information can be found at www.unesco-czech.cz.

NOTABLE PERSONS Czechs are considered a very cultured nation, which has given the world a number of signifi cant persons. The most important rulers and heads of state are Emperor Charles IV and the Presidents T.G. Masaryk and Václav Havel. World renowned personalities include the scientists Jaroslav Heyrovský (holder of the Nobel Prize for Chemistry), Ott o Wichterle, Czech chemist who invented contact lenses, and Antonín Holý, who helped to create a drug used in the treatment of AIDS. Other world renowned persons are Tomáš Baťa, creator of a shoe empire between the Two World Wars, and Made-leine Albright, former US Secretary of State. In the fi eld of culture, great names are those of the composers Bedřich Smetana, Leoš Janáček, Antonín Dvořák, and Bohuslav Martinů, the writers Franz Kafk a, Karel Čapek, Jaroslav Seifert (holder of the Nobel Prize), Jaroslav Hašek, Bohumil Hrabal, and Milan Kundera. Oscar priz-es have been awarded to fi lm directors Miloš Forman (born in the

Useful Information

Other practical information concerning travel conditions to visit

or reside in the Czech Republic are to be found at www.czech.cz

Racibórz

Żory

Mysłowice

Kędzierzyn-K.Tarnowskie Góry

Jelenia Góra

Świdnica

Görlitz

Zwickau

Plauen

Bayreuth

Passau

Wels St. Pölten

NitraTrnava

Trenčín

Žilina

Jena Gera

Fürth

Erlangen

Regensburg

Linz

Wałbrzych

Legnica

Opole

Bielsko-Biała

RybnikTychy

Zabrze Bytom Dąbrowa G.

Ruda Ś. Ch.GLIWICE SOSNOWIEC

CHEMNITZ

KATOWICE

BRATISLAVA

NÜRNBERG

DRESDEN

LEIPZIG

WROCŁAW

KRAKÓW

WIEN

BERLINSZCZECIN

ZIELONA GÓRA

POZNAŃ

ŁÓDŹWARSZAWA

GDAŃSKŁÓDŹ

WARSZAWARADOM

LVOV (UA)RZESZÓW

BANSKÁ BYSTRICAPOPRAD

KOŠICEPOPRAD

KOŠICEZVOLEN

ZVOLENBANSKÁ BYSTRICA

ŐBUDAPEST

SOPRONGRAZ

GRAZ

SALZBURG

MÜNCHEN

MÜNCHEN

INGOLSTADTMÜNCHEN

HEILBRONNMANNHEIM

WÜRZBURGFRANKFURT AM MAIN

BAMBERG

ERFURTKÖLN

KASSELDORTMUND

HANNOVERHAMBURG

BERLIN

BERLIN

ROTTERDAM


Blažek Glass, s.r.o.

is a glass company owned by the

Blažek family. Seven generations of

the family have produced and deco-

rated crystal and their tradition dates

back to the 18th century. The first

company was established as early

as in 1933 by Josef Blažek, then the

youngest member of the glass-work-

ing Blažek family, in Nový Bor, later

he moved to Poděbrady. There, since

1939, regardless of unfavourable war

years, he managed to develop his

business until 1948, when his compa-

ny was nationalized.

In 1992 the glass works were given

back to the Blažek family, who suc-

ceeded in restarting the company in

spite of the long pause. The tradition of

manually decorated crystal was re-es-

tablished and continues up till now-

adays under the name Blažek Glass.

New products and décor lines are

continuously developed in the range

of manually decorated crystal and

both manual work and new technol-

ogies are now used for their manufac-

ture and decorating.

In 1997 the company introduced

a new product to the domestic and

foreign markets – original glass nail

file. This unique product has received

several awards both in the Czech Re-

public and abroad and it is patented in

many countries of the world.

Blažek Glass s.r.o. manufactures and

supplies all over the world original glass

nail files, traditional decorated crystal,

crystal urns, trophies, lamps, glass jew-

ellery and other glass goods. The most

successful markets include Germany,

the USA, France, the UK, Japan etc.

Blažek Glass, s.r.o.

Olbrachtova 600 290 01 Poděbrady Czech Republic

Tel.: +420 325 603 206 e-mail: [email protected]

Republic have been awarded to the following companies: O2 Czech Republic a.s., T-Mobile Czech Republic a.s., Vodafone Czech Republic a.s., and Air Telecom a.s.The most popular credit cards in the Czech Republic are Eurocard/Mastercard and Visa.

Czech Republic), Jiří Menzel, and Jan Svěrák. Other famous people of culture are the painters František Kupka and Alfons Mucha and the photographer Jan Saudek. Sportsmen who have gained interna-tional fame are, for example, Emil Zátopek, Věra Čáslavská, Marti-na Navrátilová, Jaromír Jágr, Petr Čech, Barbora Špotáková, Petra Kvitová, Martina Sáblíková, and Eva Samková.

PRACTICAL INFORMATIONDialling code: +(420). More detailed information about telephone numbers can be found on the www.zlatestranky.cz website.Licences for operating mobile networks on the territory of the Czech


GROSS DOMESTIC PRODUCTIn 2015, GDP was 4.3% up on the 2014 year, according to the latest estimate, with year-on-year growth in 2014 amounting to 2.0%. The growth was assisted especially by household consumption and more intensive investment activity. Gross value added (GVA), measuring economic effi ciency, grew in all the quarters of 2015. Adding to its growth was in particular the manufacturing industry assisted by several smaller sectors.

INDUSTRYIndustrial production in 2015 increased by 4.4% over the previous year. Nearly all branches of the manufacturing industry showed a year-on-year growth, in particular the manufacture of motor vehicles (11.5%), clothing manufacture (10.7%) and the remaining branches of the manufacturing industry (10.5%). In general, the manufacturing industry was 5.6% up year-on-year. Only three sectors were below the 2014 level: Mining and Extraction (98.3%), Basic Metals Produc-tion (90.0%), and the Chemical Industry (94.3%).

FOREIGN TRADE*The favourable trend of previous years continued. In comparison with 2014, exports increased by 7.2% and imports by 8.0%. The bal-ance of trade showed a surplus of CZK 433 billion (EUR 15.9 billion). The highest surplus, the same as in 2014, was shown by the group of Machinery and Transport Vehicles and the Industrial Goods group. On the other hand, a defi cit was shown by the Mineral Oils and Lu-bricants group and the Chemicals and related products group.

In 2015, after years of recession, the Czech economy showed

the best performance since 2008. Evidence of this are both the

growth of gross domestic product and gross added value.

Both indicators rose throughout all the quarters year-on-year.

Czech Economy in 2015

PRICESIn 2015, the infl ation rate as measured by the consumer price index was 0.3%, the lowest since 2003. Prices in the Foods and Non-al-coholic Beverages group and the massive reduction in fuel prices were mostly responsi-ble for the year-on-year decrease in the level of consumer prices. The declining trend contin-ued in the Posts and Telecommunications sec-tor. In the Healthcare sector, the decrease was refl ected in the abolition of regulatory health fees for doctors’ consultations and for medical prescriptions. The higher tobacco prices had the opposite eff ect.

WAGESThe average gross monthly nominal wage of employees (in terms of the full-time equiva-lent) in the 1st to 3rd quarters of 2015 was CZK 25 903 (approximately EUR 940). Nominally wages were up by 3.2% and really by 2.8% year-on-year. In the business sphere, real wages increased by 2.7% and in the non-business sphere by 3.2%.

Jana Bondyová

Czech Statistical Offi ce; www.czso.cz

*) The average monthly exchange rate fi xed by the Czech

National Bank was used for CZK/EUR conversion..

Macroeconomic Indicators of the Czech Republic

2009 2010 2011 2012 2013 2014 2015

Gross Domestic Product (current prices)1) CZK, billion 3 924.6 3 950.6 4 019.8 4 041.9 4 077.2 4 261.1 4 477.0

Gross Domestic Product1) %, real, y/y -4.8 2.3 2.0 -0.9 -0.5 2.0 4.3

Industrial Production %, y/y -13.6 8.6 5.9 -0.8 -0.1 5.0 4.4

Registered unemployment by MPSV2) % 9.2 9.6 8.6 9.4 8.2 7.5 6.2

General unemployment rate according to selective labour force examination3) % 6.7 7.3 6.7 7.0 7.0 6.1 6.4

Infl ation (HICP)4) %, average 0.6 1.2 2.1 3.5 2.7 0.1 0.2

Exports5) EUR, mil. 80 992.0 100 319.0 117 057.0 121 982.7 122 185.7 131 806.0 142 567.1

Exports5) %, y/y -18.4 23.9 16.7 4.2 0.2 7.9 8.2

Imports5) EUR, mil. 75 322.0 95 544.0 109 288.0 109 639.4 108 622.6 116 209.0 126 698.3

Imports5) %, y/y -22.0 26.8 14.4 0.3 -0.1 7.0 9.0

Balance of Trade5) EUR, mil. 5 670.0 4 774.5 7 769.0 12 343.3 13 564.1 15 597.0 15 868.8

CZK/EUR6) average 26.445 25.290 24.586 25.143 25.974 27.533 27.283

CZK/USD6) average 19.057 19.111 17.688 19.583 19.565 20.746 24.600

Source: Czech Statistical Offi ce, Czech National Bank (ČNB); General note: y/y shows year-on-year change in the indicator; 1) Data after revision under the ESA 2010 system of accounts, 2014 estimate; 2) Unemployment to total population ratio = number of eligible job seekers aged 15-64 years/population in per cent, situation at the end of the year; MPSV = Ministry of Labour and Social Aff airs; 3) LFSS = Labour Force Sample Survey; 4) HICP = Harmonised Index of Consumer Prices, infl ation rate by EU method; 5) Foreign trade data expressed in EUR are the sum of the diff erent monthly values in CZK calculated by the average monthly exchange rate announced by the Czech National Bank; 6) Czech National Bank;

E C O N O M I C S


Denmark has been an important trade partner of the Czech Republic on a long-term basis. In terms of the volume of mutual trade exchange, Denmark ranks within the fi rst 20 states in the statistics of the Czech Statistical Offi ce, which also show a very progressive growth in the mutual trade turnover over the past few years. Exceptional growth can be seen especially as re-gards Czech exports, which rose by nearly 75% between 2010 and 2015. A very favourable trend in favour of the Czech Republic is also shown by the mutual trade balance, where the favoura-ble balance trebled in the period under review.The structure of Czech exports to Denmark, the same as the structure of Danish exports to the Czech Republic, is strongly infl uenced by indus-trial products, which continue to dominate mu-tual trade. Their share of Czech exports accounts for approximately 59.9% and that of Czech imports from Denmark for 53.0%. The structure in 2015 of Czech exports to Denmark is shown in Table 2 and that of Czech imports in Table 3.

The most important Czech export items are pharmaceuticals (20%) and motor cars, which in the past accounted for approximately one-quarter of total exports and last year for approximately 18%. On the domestic market, according to De Danske Bilimportoerer Danish

Trade Relations between the CR and Denmark

Phot

o: w

ww

.free

imag

es.c

om

Table 2: The most important Czech export items in 2015(Standard International Trade Classifi cation / SITC)

Commodity Stat. value in EUR thous. Share in %

Food and live animals 29 838 2.1%

Beverages and tobacco 7 052 0.5%

Crude materials, inedible 6 784 0.5%

Mineral fuels, lubricants, etc. 5 143 0.4%

Animal and vegetable oils 257 - - -

Chemicals and related products 334 353 24.2%

Market products 170 791 12.3%

Machinery and transport vehicles 662 567 47.9%

Industrial consumer goods 166 689 12.0%

Commodities and market objects 803 - - -

Table 1: Development of trade between the CR and Denmark from 2010 to 2015 (EUR million)

2010 2011 2012 2013 2014 2015 2010–2015 change

Total turnover 1 387.1 1 537.6 1 541.2 1 646.7 2 237.8 2 152.8 +55.2%

Czech exports 794.9 905.0 924.4 999.4 1 511.0 1 384.3 +74.1%

Czech imports 592.1 632.6 616.8 647.4 726.7 768.5 +29.8%

Balance CR-Denmark 202.8 272.4 307.6 352.0 784.3 615.7

Source: Czech Statistical Offi ce


automobile association, some 13 300 Škoda cars were sold in 2015, which accounts for a 7.1% share of the Danish market. Czech exports of Toyota, Peugeot and Citroën cars from the TPCA works in Kolín are growing as well.Other Czech export items include ferrous and steel products, electro-technical and communication products, automatic data processing equipment, recording media, memory units, TV receivers, etc.Tables 4 and 5 give a detailed survey of the best-selling items accord-ing to SITC4 classifi cation, which illustrates in detail the structure of the main traded commodities. Within the framework of Sectoral Opportunities Maps, the following opportunities for Czech export have been analysed for Denmark: sectors with good prospects are the energy industry (vast modern-isation of energy networks and products – power stations, heating plants, incinerating plants, etc.), railway transport (renovation of the carriage fl eet and the infrastructure, construction of city light passen-ger rail transport systems), construction (Femern, Europe´s largest transport project, construction of bridges and airport terminals, developer and industrial zones, logistic centres, hospitals, etc.) and the agricultural and food industry (supply of agricultural machinery – tractors, sowing machines, ploughs, semitrailers, etc.)The presence of more than 90 companies with Danish capital in the Czech market is very important for the promotion of mutual trade.

These are manufacturing companies focusing mostly on technologies, where Danish fi rms are among the world´s best, and fi rms doing business in the area of trade and services. The largest Danish investors in the Czech Republic are the companies of LEGO (toy manufacture), Bang&Olufsen (audio technology), Marius Pedersen (waste management), Dansk Eternit (roofi ng), Rockwool (structural insulation), Faerch Plast (packaging), NKT Cables (power cables), Kompan (children´s playgrounds), Fibertex (non-woven textiles), DISA (foundry machines), etc. The production capacity of these fi rms is responsible for a considerable part of Czech exports to the Danish and Nor-dic markets.

Miroslav Čančík

Head of the Commercial Section

of the Embassy of The Czech Republic

Table. 3: The most important Czech import items in 2015

Commodity Stat. value in EUR thous. Share in %

Food and live animals 51 965 6.8%

Beverages and tobacco 1 862 0.2%

Crude materials, inedible 24 380 3.2%

Mineral fuels, lubricants, etc. 10 519 1.4%

Animal and vegetable oils 716 - - -%

Chemicals and related products 156 734 20.4%

Market products 115 386 15.0%

Machinery and transport vehicles 172 920 22.5%

Industrial consumer goods 234 061 30.5%

Commodities and market objects - - - - - -

Table 5: Imports – most important items (in EUR thous.)

Code Commodity 2015

8942 Children´s toys, indoor games 151 886

6842 Aluminium, aluminium alloys 36 248

5422Pharmaceuticals comprising hormones and derivatives

34 658

5429 Pharmaceuticals, other than.... 33 741

5416 Glycosides, glands 28 370

6732 Flat rollers, ferrous products 18 126

7649Parts of radios and telecommunication accessories

12 543

7843Mechanical equipment and motor vehicle accessories

11 759

0122 Pork 9 076

0013 Pigs, boars, piglets, live 6 790

Table 4: Exports – most important items (in EUR thous.)

Code Commodity 2015

7812 Passenger transport vehicles 260 730

5429 Pharmaceuticals 187 533

5422 Pharmaceuticals comprising hormones 83 168

7616 Television receivers 50 948

7523Other automatic data processing equipment

31 296

8984 Disks, tapes, recording media 28 967

8931 Plastic objects 27 946

5416 Glycosides, glands 24 829

7599 Machinery parts, accessories 24 987

7527 Memory units 22 911

6996 Ferrous and steel products 21 748

7642 Microphones, loudspeakers 21 529

E C O N O M I C S


One of the common features of the Czech Republic and the Republic of Finland is the low share of their economies in the world economy and their dependence on export. In the history of the independent the Czech Republic, the development of mutual trade relations with Finland can be divided into two stages. Until 2004, the Czech Republic had an unfavourable balance of trade with Finland. This changed in 2005, and from that year on, the Czech Republic´s balance of trade with the Finnish partner has been favourable. Since 1993, the mutual trade turnover of the Czech Republic with Fin-land has increased nearly nine-fold (in EUR terms). Finland occupies the 25th position among the Czech Republic´s most important trade partners. Its key export commodities in trade with Finland are road vehicles, offi ce machines and automatic data processing equipment, machines and equipment gener-ally used in industry, electrical equipment, devices and appliances, telecommunications equipment, sound recording and reproduc-tion devices, etc. The Czech Republic is also a successful services exporter.

LEGAL BASIS OF CZECHFINNISH TRADE RELATIONSThe following treaties and agreements are cur-rently in force in the area of business and trade:l Treaty of Accession of the Czech Republic

to the European Union signed in Athens on 16 April 2003

l Investment Protection and Support Treaty entered into force on 23 October 1991

l Double Taxation Prevention Treaty entered into force on 12 Decem-ber 1995

DEVELOPMENT OF MUTUAL TRADEFinland is one of the important trade partners of the Czech Republic. In 2015, the mutual trade turnover of these two countries reached EUR

Trade Relations between the CR and Finland

Table No. 1: Development of trade between the CR and Finland in 2005–2015 (EUR thousand)

Turnover Index Czech Exports Index Czech Imports Index Balance

2005 636 760 x 348 377 x 288 383 x 59 994

2006 861 051 135.2 436 492 125.3 424 560 147.2 11 932

2007 972 922 113.0 508 653 116.5 464 269 109.4 44 384

2008 1 034 674 106.3 604 118 118.8 430 556 92.7 173 563

2009 774 229 74.8 460 562 76.2 313 667 72.9 146 895

2010 913 205 118.0 572 144 124.2 341 061 108.7 231 083

2011 1 033 157 113.1 663 724 116.0 369 432 108.3 294 292

2012 933 114 90.3 583 466 87.9 349 648 94.6 233 818

2013 896 864 96.1 587 103 100.6 309 762 88.6 277 341

2014 1 072 466 119.6 694 403 118.3 378 063 122.0 316 339

2015* 1 132 993 105.6 744 938 107.3 388 055 102.6 356 883

Source: Ministry of Industry and Trade of the Czech Republic* preliminary data

Source: Ministry of Industry and Trade of the Czech Republic

Table No. 2: The most important commodities of Czech exports in 2015*Nomenclature of the Harmonised System 4

Code Commodity % EUR thous.

8703Motor cars and other motor vehicles principally designed for the transport of persons

22.57 164 032

8471Automatic data processing machines; units, readers etc.

5.75 41 819

8708Parts and accessories of motor vehicles for the transport of persons or goods, tractors etc.

4.74 34 444

8473Parts of typewriter computers and other automatic data processing machines

3.02 21 964

8523Discs, tapes, other media for recording of sound and other phenomena

2.96 21 526

9503Tricycles, scooters, pedal cars etc. dolls’ carriages; dolls; other toys

2.80 20 365

8542 Electronic integrated circuits 19 294

8517Electrical apparatus for line telephony or line telephony or line telegraphy

2.43 17 671

8431 Parts for use solely/primarily with machinery 2.11 15 309

Others 50.97 370 375

Total 100.00 726 799

* preliminary data



Table No. 3: The most important commodities of Czech imports 2015*Nomenclature of the Harmonised System 4


4810Paper and paperboard, coated with kaolin etc., coloured, rolled etc.

9.35 33 264

4703Chemical wood pulp, soda or sulphate, other than dissolving grades

4.87 17 322

4011 New pneumatic tyres, of rubber 4.84 17 195

7219Flat-rolled products of stainless steel, of a width of 600 mm or more

4.68 16 654

3004Dosed medicaments (excl. blood, antiserum etc., cotton, bandages etc.)

4.08 14 504

8532Electrical capacitors, fi xed, variable or adjustable (pre-set)

3.21 11 419

7901 Unwrought zinc 2.62 9 322

4804Uncoated kraft paper and paperboard, in rolls/sheets

2.33 8 271

Others 64.02 227 684

Total 100.00 355 635

1 133 million, 5.6% more than in 2014, the highest value so far. Czech exports also showed the highest value to date, amounting to EUR 744.9 million. Imports from Finland in 2015 reached EUR 388.1 million, 2.6%

more than in 2014. The mutual trade balance in the past decade is shown in Table 1.

STRUCTURE OF MUTUAL TRADE IN 2015The basis of Czech exports to the Republic of Finland in 2015 is motor cars and motor vehi-cles for passenger transport. Following this are offi ce machines and automated data processing equipment.Finnish imports are dominated by paper and pulp. The most important Czech import and ex-port items in 2015 can be found in Tables 2 and 3.Important Czech fi rms participating in the promotion of Czech-Finnish trade relations include: * ŠKODA AUTO, a.s. ** MORAVIA STEEL, a.s. * KONE, s.r.o. ** MITAS, a.s. * MIT-TAL STEEL OSTRAVA, a.s. ** ŠKODA POWER, a.s. * POCLAIN BRNO, s.r.o.* MONTEFERRO HRÁDEK, a.s. * VAFO PRAHA, s.r.o.

PROSPECTS OF MUTUAL TRADEThe Czech Republic can off er high added value products, such as public transport vehicles and power engineering machines.

Based on materials supplied by

the Ministry of Industry and Trade of the Czech Republic

* preliminary data

E C O N O M I C S


Norway is a traditional trade partner of the Czech Republic. It is a country with an econ-omy marked for its great absorption potential. Since 2013, however, the mutual trade between these two countries has been on the decline. In terms of the mutual trade turnover, in 2015 Norway occupied 33rd position on the list of the Czech Republic´s most important trade partners, accounting for a mere 0.3% of its total foreign trade turnover and for 0.4% of its total exports. The year 2015 saw a 15.7% decline in the mutual trade exchange in comparison with 2014. This is mainly due to lower supplies of Norwegian natural gas, the main Czech import commodity, as a result of the milder winter and a decline in the price of this commodity.

LEGISLATIVE BASIS GOVERNING MUTUAL TRADE RELATIONS:The contractual basis regulating mutual trade relations between the Czech Republic and Norway is the EEA Enlargement Agreement, which entered into force on 6 December 2005. Currently, the following main contractual documents concerning the economic sphere are in force:l Agreement between the Czech and Slovak Federal Republic and the Kingdom of Norway on the mutual support and protection of in-vestments, valid as from 6 August 1992

l Agreement between the government of the CR and the government of the Kingdom of Nor-way on mutual assistance in customs matt ers, valid as from 8 November 1999

Trade Relations between the CR and Norway

l Agreement between the government of the Czech Republic and the government of the Kingdom of Norway on the prevention of dou-ble taxation and the prevention of tax evasion in the area of income tax, valid as from 9 September 2005

l Memorandum of understanding on the implementation of the EEA 2009-2014 fi nancial mechanism between the Czech Republic and Iceland, the Principality of Liechtenstein and the Kingdom of Nor-way, valid as from 18 June 2011

l Memorandum of understanding on the implementation of the fi nancial mechanism between the Czech Republic and the Kingdom of Norway, valid as from 18 June 2011

MUTUAL BALANCE OF TRADEThe balance of trade between the Czech Republic and the Kingdom of Norway has long been unfavourable for the CR as a result of Czech natural gas imports. Natural gas accounted for more than three-quarters of all Czech imports from Norway. After deduct-ing this item, the trade exchange between the Czech Republic and Norway in traditional commodities remains favourable for the CR. In 2014 the balance of trade between these two countries was favourable for the CR, for the fi rst time since 2007. In 2015, Czech exports rose by 6.7% as against 2014. The development of the balance of trade between the Czech Republic and Norway over the past ten years is shown in Table 1.

STRUCTURE OF MUTUAL TRADE EXCHANGEThe most important Czech export items are motor cars and mo-tor vehicles for the transport of passengers (24.83% of total Czech exports to Norway). The main Czech export items in 2015 are shown in Table 2.With regard Czech imports, the main item on the list is natural gas, accounting for 41.37% of total Czech imports from Norway, followed by fi sh (11.38%), aluminium, and ferroalloys. The most important Czech imports from Norway are shown in Table 3.

Table No. 1: Development of trade between the CR and Norway in 2005–2015 (EUR thousand)

Turnover Index Czech Exports Index Czech Imports Index Balance

2005 612 355 x 227 671 x 384 685 x -157 014

2006 818 176 133.6 320 307 140.7 497 869 129.4 -177 562

2007 787 790 96.3 463 800 144.8 323 991 65.1 139 809

2008 1 003 487 127.4 424 096 91.4 579 391 178.8 -155 295

2009 943 721 94.0 415 223 97.9 528 498 91.2 -113 275

2010 1 310 488 138.9 526 279 126.7 784 208 148.4 -257 929

2011 1 573 565 120.1 616 962 117.2 956 603 122.0 -339 641

2012 1 781 766 113.2 636 291 103.1 1 145 475 119.7 -509 184

2013 1 709 984 96.0 625 618 98.3 1 084 366 94.7 -458 747

2014 1 113 375 65.1 588 405 94.1 524 970 48.4 63 436

2015* 939 081 84.3 628 002 106.7 311 089 59.3 306 914

Phot

o: w

ww

.free

imag

es.c

om

* preliminary data


MUTUAL EXCHANGE OF SERVICESIncreasing interest is shown in services provided within the framework of incoming tourism to the Czech Republic. In the past few years Prague has been repeatedly declared the destination of the year for weekend trips and it maintains great popularity among foreign visitors. The Czech Republic off ers sojourns in its spas, combined with comprehensive services of spe-cialised rehabilitation and healthcare facilities (eye and dental care, cosmetic services). Czech Airlines operate direct fl ights between the Czech Republic and Norway (seasonal fl ights from Prague to Oslo, Stavanger, and Kris-tiansand) and Norwegian Air Shutt le all-year-round fl ights from Prague to Oslo and Bergen.Good prospects exist for Czech IT services in Norway (customised software solutions, graph-ic work, architectural designs, etc.).The main Czech exporters to Norway in-clude the fi rms of Škoda Auto Mladá Bole-slav, Sandvik Chomutov, Vitana Byšice, Elfe Krnov, Linde Frigera Beroun, Isola Powertekk, Třídič Šternberk, FAB Rychnov nad Kněžnou, JUTA Dvůr Králové nad Labem, Barum Cont. Otrokovice, VSP Data Tábor, and ABB Praha.

Based on materials supplied by

the Ministry of Industry and Trade of the Czech Republic


Table No. 2: The most important commodities of Czech exports in 2015*Nomenclature of the Harmonised System 4


8703Motor cars and other motor vehicles principally designed for the transport of persons

24.83 155 962

8471Automatic data processing machines; units, readers etc.

10.98 68 927

9503Other toys; reduced-size (scale) models and similar recreational models, working or not; puzzles of all kinds

3.36 21 096

7308Structures and parts of structures, of iron or steel; plates, rods and the like

19,056

8418Refrigerators, freezers and other refrigerating or freezing equipment

3.03 19,054

7304Tubes, pippes etc., seamless, hollow iron and steel profi les

2.81 17 632

9403 Other furniture and parts thereof 2.69 16 879

8517Electrical apparatus for line telephony or line telegraphy

2.22 13 941

Others 47.05 333 527

Total 100.00 628 002

* preliminary data


Table No. 3: The most important commodities of Czech imports 2015*Nomenclature of the Harmonised System 4


2711Petroleum gases and other gaseous hydrocar-bons liquifi ed

41.37 126 116

0302 Aluminium, not alloyed, unwrought 11.38 34 695

7601 Unwrought alumimum 7.76 23 661

7202 Ferro-alloys 6.62 20 171

8708Parts and accessories of motor vehicles for the transport of persons or goods, tractors etc.

4.58 13 958

0304Fish fi llets & other fi sh meat (w/n minced), fresh, chilled or frozen

4.55 13 867

8479Machines & mech appl having indiv func, nes or included in this chapter

2.55 7 764

2804 Hydrogen, rare gases & other non-metals 2.04 6 204

Others 10.15 58 405

Total 100.00 304 841

* preliminary data

KDP assembly, s.r.o.Ústecká 840/33 | 405 02 Děčín | Czech RepublicPhone +420 412 706 211 | E-mail [email protected]

Ústecká 840/33 | 405 33 Děčín | Czech RepublicPhone +420 412 706 111 | E-mail [email protected]

TRADITIONAL CZECH MANUFACTURER OF CABLES:

FIBRE OPTIC CABLES TELECOMMUNICATION CABLES SIGNALLING CABLES INSTALLING CABLES DATA CABLES POWER CABLES HEATING CABLES AND MATS

CONNECTORING, MANUFACTURE OF CABLE BUNDLES, VARIOUS CONNECTING, CABLES ACCORDINGTO CLIENTS’ NEEDS.


Mutual trade balance (EUR billion)

2010 2011 2012 2013 2014 2015

Czech imports 881.2 1 013.9 984.2 1 013.9 1 015.8 1 072.3

Czech exports 1 627.6 1 930.0 1 850.9 1 826.2 1 932.4 2 179.1

Balance 746.5 916.1 866.6 812.3 916.7 1 106.8

Turnover 2 508.8 2 944.0 2 835.1 2 840.0 2 948.2 3 251.4


Relations between the Czech Republic and Sweden are very good at all levels, and the CR is Sweden´s reliable partner not only as regards trade collaboration. The shared positive approach of the CR and Sweden with respect to the continuation of economic liberalisation, fi nalisation of the reform of the EU internal market and the drafting of a good text of the Transatlantic Trade and Investment Partnership (TTIP), besides a number of common positions within the frame-work of the EU, constitute a broad base for the further promotion of mutual collaboration. The CR is a country actively involved in the human rights area and development cooperation. In recent times, growing emphasis has been placed on the fulfi lment of Agenda 2030 and the adopted sustainable development goals, to which corporate social responsibility on the part of fi rms is adding momentum.

TRADE RELATIONSCzech-Swedish economic relations have a long tradition and the development of mutual trade and economic relations in the past fi ve years has been showing an upward trend. Sweden is the Czech Re-public´s largest Scandinavian trade partner, accounting for approxi-mately 1.5% of the volume of the CR´s foreign trade. In terms of trade turnover, Sweden occupies 17th position on the list of the Czech Republic´s trade partners with a growing potential. In 2015 their mutual trade turnover was worth CZK 88.7 billion (EUR 3.3 billion), a 9.3% increase year-on-year. Czech exports to Sweden in 2015 rose by 11%, to CZK 59.4 billion (EUR 2.2 billion), and imports showed a 5% growth, to CZK 29.2 billion (EUR 1.1 billion), the balance being CZK 30 billion (EUR 1.1 billion) (see Table). From the Swedish point of view, the Czech Republic occupies 24th position among the largest exporting countries and 15th position among importing states. Škoda motor cars are among the most important Czech export items on a long-term basis, accounting for 5% of the market share, followed by automatic data processing equipment, components and spare parts for transport vehicles, furniture, consumer electronics, comput-er components and printers. Overall, engineering goods and semi-fi n-ished products account for approximately 65% of Czech exports.The main Czech import items are tractors and semi-trailers, steel products (tubes and pipes, hollow, seamless sections made of iron/steel, etc.), metal wire and rods, pharmaceuticals, transport vehicles and spare parts thereof, chemicals, paper and cardboard. Engineer-ing goods and semi-fi nished products account for about 40% of total Czech imports.

CZECH FIRMS IN SWEDENIn addition to Czech fi rms, a number of fi rms having close trade relations with the Czech Republic which import and distribute Czech products, operate in Sweden. The most important of these are

Trade Relations between the CR and Sweden

Škoda Sverige (car import and distribution), Linet Sweden AB (hospital beds), AmphoChem (chemical and ceramic products), Beijer Indus-tri AB (steel and iron products), and Scansigma AB (bearings, valves).

SWEDISH INVESTMENTS IN THE CZECH REPUBLICSweden is one of the 15 largest foreign inves-tors in the Czech Republic, where some 120 Swedish fi rms are based. Their investments go mainly into construction and the man-ufacturing industry. An important recent Swedish-Czech acquisition is the merger of the Czech rubber company, ČSG Holding a.s., with Trelleborg, a Swedish engineering group, which gave rise to a new world leader in the “heavy-duty” tyre market intended for agricul-ture and other branches of industry.

CZECH INVESTMENTS IN SWEDENCzech investments in Sweden are less extensive than Swedish investments in the CR. Even so, the Czech investments are not negligible. For example, the Czech fi rm LINET, which invest-ed in Sweden in 2007, is now a leader in the Swedish market for the supply of hospital beds. The Czech fi rms, SUBTERRA a.s., FENESTRA WIEDEN s.r.o., and many others are active in the Swedish construction market.Ph

oto:

ww

w.fr

eeim

ages

.com

E C O N O M I C S


GOOD PROSPECTS FOR MUTUAL ECONOMIC RELATIONSEconomic relations between the Czech Repub-lic and Sweden have not only a long tradition, but also, and mainly, good prospects for further growth. More opportunities and new challenges for the promotion of business and collaboration in manufacture are opening up in the area of engineering production, where the Czech Republic, like Sweden, has a long tradition and off ers bilaterally advantageous cooperation in the manufacture of engineering products and in the search for new technolog-ical solutions. This comprises a great potential for collaboration in the manufacture of whole power stations, subdeliveries for the automo-tive industry, manufacture of building ma-chines, machines for use in forestry, machines used in ship building and off -shore equipment. A number of Czech subcontractors operating in the area of metallurgical production and welded constructions, precision CNC machin-ing and assembly have already found trade partners in Sweden. Constructions and cast iron and steel products (along with weldments, machined components and castings) are among the products most in demand on the part of Swedish company partners. The export poten-tial of the Czech side is far from exhausted and there is a lot it has to off er.An important element in Czech-Swedish rela-tions is trading and production collaboration on a long-term basis in connection with the use of Sweden´s Jas-39 Gripen supersonic aircraft by the Czech Air Force. The extension of the Grip-en lease contract opens up opportunities for the

promotion of Czech-Swedish production and trade collaboration in the area of security and defence specifi cally focused on research and innovation. This is supported by the Memorandum of Understanding between the Ministries of Defence of the two countries and the Mem-orandum of Cooperation between the associations of the defence in-dustries of the Czech Republic and Sweden. The most visible aspect of the current bilateral defence collaboration is the planned “Gripen Hub” regional programme, aimed at strengthening the capacity of training and maintenance and the transfer of experience in the use of JAS-39 Gripen aircraft to other potential users. Another potential area for the promotion of economic cooperation is the building industry, especially as regards the development of the infrastructure and the construction of housing units and administra-tion centres. A number of Czech fi rms are interested in manufactur-ing supplies for construction projects in Sweden. The national plan for the development of the transport infrastructure adopted by the Swedish Parliament for the 2014-2025 years, involving investments of some SEK 500 billion, opens up opportunities for Czech-Swedish collaboration, for example, in the areas of electrifi cation, automa-tion and digitalisation of the railway network and the delivery of transport vehicles, such as tramcars. Experienced Czech suppliers can off er construction work, facade making and wiring, as well as building materials for the project. Another equally important sector that could benefi t both sides is research in the area of “Life Science”, which is one of the most progressive and innovative economic sectors in both Sweden and the Czech Republic. This is a very suitable area for collaboration between respected universities, university hospitals, research centres and biotechnology fi rms. The results achieved are based on the close collaboration between the research and business spheres, both bilaterally and internationally. It provides good opportunities for collaboration with Czech centres of excellence (COE), which can off er a suitable research environment for the creation of advanced innovations and new synergic eff ects.

Embassy of the Czech Republic in Stockholm Phot

o: Š

KO

DA

AU

TO a

.s.;

Doo

san

Škod

a Po

wer

s.r.

o. a

rchi

ve


One of the Czech fi rms supplying their products to the Nordic coun-tries is Doosan Škoda Power, an important Czech supplier of steam turbines with outputs of from 10 MW to 1200 MW for all applica-

Examples of Czech Projectsin the Nordic Countries

Conveyor Components

Bulk raw material handling and processing

Unit materials handling

Customer base expanding throughout the world in a variety of industries

Over 75 years of experience in design, manufacture and supply

Quality efforts at TRANSROLL are focused on the customer

State-of-the-art Lean manufacturing concepts help reduce your costs

TRANSROLL-CZ, a.s.Komenského 614691 44 LedniceCzech RepublicTel.: +420 519 364 581-6Fax: +420 519 364 562e-mail: [email protected]

Professionally engineered products provide you with

the most cost-effective and durable conveying solutions

tions, including auxiliaries and modernisation. Its tradition goes back to 1904, when Škoda made its fi rst steam turbine with an output of 420 kW. In 2009, the fi rm became part of Doo-san Group and has become its global research and development centre.Between 1946 and 2000, Doosan Škoda Power installed in the Nordic countries, where steam turbines ceased to be made, turbines with an aggregate output of nearly 1.5 GW. In the past 15 years it put into operation or started the realisation of projects with Škoda turbines with a total output of nearly 2.8 GW. They include mainly steam turbines for industrial or heating purposes – Lund 39 MW, Växjö 39 MW, Vartan KVV8 131 MW and Värö 64 MW in Sweden, Lisbjerg 38 MW in Denmark – and the modernisation or retrofi tt ing of steam turbines in Finland. The promising Nordic market continues to be a challenge for Doosan Škoda Power.

B U S I N E S S


In the fi rst half of 2015, CzechInvest Agency helped to

negotiate 49 investment projects worth more than CZK 21

billion with foreign and domestic investors. When com-

pleted, the projects will provide work for more than 6 500.

The Czech Republic off ers investors a stable and friendly environment, which motivates both Czech and foreign entrepreneurs to promote their business activities continuously. Currently, the interest of investors focuses on data centres, the aviation industry and shared services. Most of the investments are high added-value projects requiring experience and skill. Here, the Czech Republic still has a great competitive advantage.Among foreign countries, the most active in this respect is, traditionally, Germany, which in the fi rst half of 2015 decided on realising 12 new projects to the aggregate value of

CZK 6.6 billion. Following this is the United States of America with 8 projects and Korea and France with 3 projects each.

Sectors with the largest number of projects are car manufacture with 17 new projects worth nearly CZK 10.5 billion, followed by the metal manufacturing and metal working industries with 7 projects

Investment Is One of the Top Priorities for the Czech Government

Phot

o: P

hoto

Com

bo (P

hoto

mon

tage

)

PeriodNumber

of projectsInvestment

amount (CZK mil.)Number of new jobs

1st half 2011 34 15 259.70 6 738

1st half 2012 31 1 764.63 2 274

1st half 2013 44 19 478.86 5 098

1st half 2014 116 78 312.20 14 094

1st half 2015 49 21 018.48 6 507

Investment projects mediated by CzechInvest Agency in the period of 2011–2015

Country of originNumber of

projectsInvestments (CZK million)

Number of new jobs

Austria 2 780.00 120

China 2 408.63 387

Czech Republic 12 2 471.29 555

Denmark 1 162.50 100

Finland 1 139.70 10

France 3 1 030.34 227

Germany 12 6 607.64 1 728

Great Britain and Northern Ireland

1 25.00 8

Italy 1 500.00 70

Japan 1 466.00 20

Korea (Republic of ) 3 3 701.00 770

Switzerland 1 1 740.06 110

Taiwan 1 1 983.30 1 500

USA 8 1 003.02 902

Investment projects mediated by CzechInvest Agency in the fi rst half of 2015 by country of origin

CzechInvest – Investment and Business Promotion Agency; www.czechinvest.org


costing nearly CZK 3.5 billion and information and communication technologies with 4 projects.At the regional level, most investors were att racted by the Ústí nad Labem Region, where 10 new projects will be realised for approxi-mately CZK 5 billion, which will create 1 259 jobs. Second in line is

the Plzeň Region with 6 new projects worth CZK 2.5 billion and 859 new jobs. The largest investment project in the fi rst half of 2015 is the expansion of INA Lanškroun, s.r.o., which will invest CZK 2.5 billion to ex-pand its operations that will provide employ-ment to 900 people. The second largest invest-ment project is that by RONAL CR s.r.o., which is planning to invest CZK 1.7 in its expansion, creating 110 new jobs.Investment is one of the top priorities of the Czech Government. That is why it gives special support to economic diplomacy. Czech Gov-ernment representatives undertake numerous foreign trips and business missions and receive foreign delegations, which could become the basis for future investment.In the autumn of 2015, Bank of China opened its affi liation in the Czech Republic. This will greatly facilitate the entry of Chinese investors in the Czech market and at the same time bring interesting investment projects into the country.

CzechInvest Investment and Business

Promotion Agency

www.czechinvest.org

Note: EUR 1 = CZK 27.051 (average exchange rate fi xed by the

Czech National Bank in March 2016)

STRIAGRAPH – STRIATTER 1000TM

state-of-the-art appliance for imaging and record-ing imperfections in glass

Striatter 1000 striagraph is a device that automatical-ly provides a striagram of a glass sample. A striagram is a record of streaks, bubbles and other inhomoge-neities in the thickness of glass scanned along the sample. It is not necessary to darken the room to evaluate the sample. Striatter 1000 is designed for glass samples with a thickness of 2 to 12 mm and a width of up to 25 mm. The striagram of the whole width of the produced strip of glass (up to 8000 mm) is completed by the gradual measurement of several samples of glass of a maximum length of 1000 mm. The glass sample is inserted in a glass container filled with immersion fluid at the top of the striagraph. The operator enters data about the test and the sam-ple in the computer and then runs the automatic evaluation. The optical system moves along the measured sample and individual shots are recorded. After the scanning has been completed, the data are automatically evaluated, individual images are com-piled and the test protocol is created.

NEWTE spol. s r. o., www.newte.eu

SectorNumber of

projectsInvestments

(CZK millions)Number of new jobs

Advanced materials and nanotechnology

1 0.00 0

Aviation 1 244.79 300

Electrical equipment 3 2 100.01 600

Electronics 3 2 480.03 1 860

Engineering 3 987.50 130

ICT 4 45.60 133

Manufacture of motor vehicles 17 8 534.59 2 276

Metal manufacturing and metal working

7 5 090.16 726

Non-metal mineral products 3 746.40 55

Other 2 180.00 115

Paper and woodworking industry

1 226.00 2

Plastic industry 2 370.00 50

Services 2 13.40 260

Investment projects mediated by CzechInvest Agency in the fi rst half of 2015 by sector

CzechInvest – Investment and Business Promotion Agency; www.czechinvest.org

B U S I N E S S


DIFFERENT TYPES OF TRADING COMPANIESThe legal regulation of trading companies within the Czech legal system is comprised specifi cally in the following legislative acts: Trading Corpo-rations Act, Civil Code and Act on Public Regis-ters of Juristic and Natural Persons. The Trading Corporations Act regulates the diff erent types of trading companies in the CR, which include the unlimited liability company and the limited partnership company (personal companies), the limited liability company and the joint-stock company (capital companies), plus the European company and the European Economic Associ-ation. The most widely used forms of trading companies in the CR are the limited liability company and the joint-stock company. Similar types of trading companies also exist in Sweden, Norway, Denmark, and Finland. In Denmark, as in the CR, the most widely used types of trading companies are the limited liability company and the joint-stock company. In Sweden, the most widely used form is the joint-stock company.

PERSONAL COMPANIESThe unlimited liability company is a company of at least two persons, who participate in its busi-ness activities or the administration of its assets and are liable for its debts jointly and severally.The limited partnership company is a company in which at least one partner has limited liability for its debts (limited partner) and at least one partner has unlimited liability (general partner).

CAPITAL COMPANIESLimited liability company (specifi ed here below)Joint-stock company (specifi ed here below)

FOUNDING AND ESTABLISHING TRADING COMPANIESIn the Czech Republic, trading companies are founded on the basis of a Memorandum of As-sociation. The Memorandum of Association, on the basis of which the limited liability company and the joint-stock company are founded, must have the form of a public instrument, i.e. it must be drafted as a notarial deed. In addition, in the case of the joint-stock company, the adoption of Articles of Association is required. In the case of a sole person establishing a com-

pany, that company must be founded on the basis of the foundation deed and must have the form of a public instrument. The actual establishment of a Czech trading company is conditioned by the company´s being entered in the Company Register

(constitutive registration). The authority to decide on entry is the locally appropriate Regional Court according to the location of the company´s registered address. In Norway, companies are registered by the Norwegian Registration Centre. To shorten the registration process and to save public funds in the area of justice, a direct entry in the Company Register through a notary is permitt ed in some cas-es, provided all the required documents needed for registration have been submitt ed to the notary. However, only a notary who has him-self drafted all the documents needed may make the entry. In any case, this is only a facultative possibility and the founders can always apply to the locally appropriate Commercial Court in charge of the Company Register. The Company Register is one of the public regis-ters regulated by the Act on Public Registers of Juristic and Natural Persons. This is a public administration system operated in electronic form and administered by the appropriate court (the appropriate Regional Court) according to the company´s registered address. The Register comprises the most important information about the trading companies (name of the company, its registered address, names of the members of the company´s statutory bodies and their number, the amount of contributions, registered capital, etc.) and other data stipulated by the Act on Public Registers of Juristic and Natural Persons. Information about trading companies is also available on the websites htt p://portal.justice.cz/Justice2/Uvod/uvod.aspx (where documents supplied by the companies to the Company Register can be found in electronic form), or at www.obchodnirejstrik.cz. In Den-mark, the Company Register is administered by the Danish Agency for Trade and Companies. In the CR, petitions for entry in the Com-pany Register must be fi led electronically on special forms available at htt ps://or.justice.cz/ias/ui/podani. The petition for entry must be supported with documents confi rming the facts to be entered in the Company Register and documents to be fi led in the collection of Ph

oto:

ww

w.s

xc.h

u (P

hoto

mon

tage

)

The purpose of this article is to give an outline of Czech legislation

con cerning trading companies in context with the corresponding le-

gal regulations in Sweden, Norway, Denmark, and Finland. We men-

tion the diff erent forms of trading companies in the Czech Re public,

their defi nitions and basic features. We also explain the procedure

of founding and establishing trading companies in the CR.

Trading Companies in the CR


documents in connection with this entry (especially the founding documents – Foundation Deed, Articles of Association or company statutes, documents proving the subject of the company´s business, documents on the payment of the investment. e.g. a statement by the investment administrator confi rming that the investment was paid down, documents stating the company´s registered address, etc.). The petition for entry in the Company Register must be fi led at the latest within six months of the founding of the company. An essen-tial condition for entry in the Company Register is the payment of a court fee to the amount of CZK 12 000 (approximately EUR 444) in the case of a joint-stock company and CZK 6 000 (approx. EUR 222) in the case of all other trading companies. In the case of the company being entered in the Company Register through the intermediary of a notary, after all the above-mentioned terms and conditions have been met, the court fee is lower, for example, in the case of a limited liability company the court fee is CZK 2 700 (approx. EUR 100).

LIMITED LIABILITY COMPANYThis form of trading company is the most widely used in the CR. It can be defi ned as a company whose partners are liable for the compa-ny´s debts jointly and severally to the amount to which they failed to meet their contribution obligations to the level stated in the Company Register at the time when they were called upon by the creditor to pay. A limited liability company may be founded by a sole founder, while the maximum number of founders (partners) is not limited by law. The share of a partner in a Czech limited liability company is determined by the ratio of his contribution to his share of the company´s registered capital, unless otherwise provided for by the Memorandum of Associa-tion. The Memorandum of Association may admit the existence of dif-ferent kinds of shares, where the partner may own more shares, even of a diff erent kind (provided it is permitt ed by the Memorandum). The minimum amount of contribution, i.e. the pecuniary expression of the value of the object of contribution to the registered capital is CZK 1 (approximately EUR 0.04), unless the Memorandum provides for a higher amount of the contribution. This means that the registered cap-ital of a Czech limited liability company may be only CZK 1 (approx. EUR 0.04). A partner in a Czech limited liability company must meet his/her obligation to pay down his/her contribution within a time limit determined by the Memorandum, but not later than within fi ve years of the establishment of the company. The partner may not be exempt from their obligation to make the contribution, except in the case of the company reducing its registered capital. The General Meeting may expel a partner who is in delay with the fulfi lment of his/her obligation

to pay the contribution. The registered capital of a Danish limited liability company must be paid down at the latest at the moment when the company is founded. The obligatory bodies of Czech limited liability companies are the General Meeting and the Company Secretary or Secretar-ies. Besides these obligatory bodies, the company may also set up a Supervisory Board.

JOINTSTOCK COMPANYA Czech joint-stock company is defi ned as a company whose registered capital is divided into a certain number of shares. The regis-tered capital of a Czech joint-stock company is denominated in Czech crowns. In the case of a joint-stock company keeping its accounts in euros under special legislation, it may express its registered capital in euros. Its minimum registered capital must be at least CZK 2 000 000 (approx. EUR 73 978) or EUR 80 000. To found a company, the partners must adopt the compa-ny Articles of Association. The founding of the company becomes eff ective after each founder has paid the share premium, and in sum at least 30% of the nominal or account value of the subscribed shares within a time limit stipulated in the Articles, in the account of the bank stated in the Articles, but not later than the petition for the company´s entry in the Company Register has been fi led. In the CR, a joint-stock company may be founded even by a sole founder. A joint-stock company is founded without a public off er of shares, which means that it is founded only by the investments of the founders who will subscribe for all shares. Swedish legislation only distinguishes between the private joint-stock company with non-negotiable shares and the public joint-stock company with negotiable shares. The Trading Corporations Act makes it possible for the founders of a Czech joint-stock company to choose between the dualistic and monistic structure. In the framework of the dual-istic structure, the company sets up the Board of Directors and the Supervisory Board in addition to the General Meeting. In the framework of the monistic structure, the company, instead of those two bodies, sets up only the Board of Directors with a statutory Director; in this case, the Board of Directors may consist of only one member. This means that in practice it may happen that the only member of the Board of Directors will simultaneously be the company´s statutory Di-rector. The bodies of the Russian joint-stock com-pany are the General Meeting of shareholders and the executive body (collegial or monocratic).

Law Offi ce Hartmann,

Jelínek, Fráňa a partneři, s.r.o.

www.hjf.cz

Note: EUR 1 = CZK 27.035 (according to the CNB exchange rate

on 23 March 2016-03-30)

ENERGO CHOCEŇ, s.r.o. is a company with a nearly 100yearhistory — Czech manufacturer and supplier of coolingequipment, as well as specialist in pressure vessels, heatexchangers, reconstruc�on of cooling systems, heat pumps.

ACTIVITIES:

DESIGN AND CONSTRUCTION

PRODUCTION OF COOLING EQUIPMENT PRODUCTION OF COMPRESSOR UNITS PRODUCTION OF PRESSURE EQUIPMENT

SUPPLIES OF TECHNOLOGICAL COOLING UNITS INDUSTRIES – FOOD, CHEMICAL, PHARMACEUTICAL ICE RINKS

SERVICE AND REPAIR ACTIVITIES

Company products are supplied in the form of units soldor in general supplies of the en�re technological complex.

The ENERGO CHOCEŇ, s.r.o. company is cer�fied by QualityManagement ISO 9001 and TÜV, DET NORSKE VERITAS, BUREAUVERITAS, LLOYD’S REGISTER EMEA and more. The pressure vesselsare designed and manufactured according to ČSN 690010, ASME,TRTS 010/2011, TRTS 032/2013 and more.

Due to the highquality produc�on of our company and theknowledge of inspec�ons by independent cer�fying authori�es,the share of export has recently steadied at about 75 % of totalcompany produc�on on average. The main foreign customers arecompanies from the EU and CIS countries.

ENERGO CHOCEŇ, s.r.oNádražní 631, 565 01 ChoceňČeská republika

T +420 465 796 111F +420 465 796 444E [email protected]


In its main characteristics, the tax system of the Czech Republic

is similar to the systems of the other EU and OECD countries.

Tax System of the Czech Republic

1. DIRECT TAXESPayers of personal income tax are all natural persons domiciled on the territory of the Czech Republic or those habitually resident here. The tax period is the calendar year. The tax base is the sum of all in-come, which the law divides into income from employment, income from business, income from lease, capital income, and other income. The basic rate is 15%, and at the same time an additional increase of 7% solidarity tax is payable on above-limit income, i.e. monthly income of natural persons exceeding approx. CZK 100 000/ EUR 3 697 (four times the average monthly wage).Payers of corporate income tax are all types of juristic persons depend-ing on the address of their registered offi ce or place from which they conduct their business. The tax period is the calendar year or another twelve-month period. The tax base is the amount of profi t, i.e. the diff erence between income and expenditure relating to the relevant tax period. Income and expenditure are ascertained from the books of ac-

counts kept according to Czech national account-ing standards. Only tax allowable expenses, i.e. those incurred to generate, secure and maintain income, can be deducted. Asset depreciation is carried out individually. The rate is 19%. Other taxes include Road Tax, Real Estate Tax, and Tax on the Acquisition of Real Estate.

2. INDIRECT TAXES Value-Added Tax is harmonised with EU legis-lation. Currently the liability to register for VAT applies to persons with a turnover of more than CZK 1 million/EUR 36 967 per year. Persons with a lower turnover may register voluntarily. The rates are 10%, 15% and 21%. Excise Duties, too, are harmonised with the respective Directives. Excise duties apply to mineral oils, spirits, beer, wine, tobacco prod-ucts, electricity, solid fuels (coal and coke), and natural gas.

Zdeněk Hrdlička

Ministry of Finance

www.mfcr.cz

Note: EUR 1 = CZK 27.051 (average exchange rate announced

by the Czech National Bank in March 2016)

USEFUL LINKS

Ministry of Finance www.mfcr.cz

Czech Tax Administration www.fi nancnisprava.cz

OECD Tax Database www.oecd.org/ctp/taxdatabase

OECD Taxing Wages www.oecd.org/ctp/tax-policy/

taxing-wages.htm

Phot

o: w

ww

.sxc

.hu

K E Y S E C T O R S


Phot

o: P

hoto

Com

bo

Engineering is an industry of key importance to the Czech Republic,

especially as regards GDP creation, the balance of trade and em-

ployment. Competitive engineering is an object of interest to foreign

investors, and the support of research and development is therefore

of decisive importance for maintaining and raising its standards.

In the Czech Republic, this sector comprises the manufacture of a wide range of machines, including parts and accessories, which fi nd their use in most branches of the manufactur-ing industry and other sectors, such as agricul-ture, transport, forestry, metal manufacture, metallurgy, mining, the textile, paper and food industries and construction.In 2014, the export of machinery and transport equipment (SITC 7) amounted to more than EUR 72 billion, which accounts for 55% of the Czech Republic´s total annual exports.

TRADITIONEngineering in the Czech Republic is continuing the long tradition, when in the period between the two world wars Czechoslovakia belonged among the world´s most advanced engineer-ing countries. Over the more than 150 years, a large number of radical changes has taken place in this area, both as regards the standards of technological safety and the structure of production, and the entrepreneurial base. The essential change took place after 1989, when engineering companies were faced with the loss of their traditional markets, keen competition from foreign fi rms (with strong capital backing and know-how) entering the Czech market and also changes in the ownership structure.

CURRENT SITUATIONIn the framework of the manufacturing indus-try and the entire Czech economy, engineering has been growing steadily, with the exception of the year 2009, when, owing to the global economic crisis, exports in the sector declined by nearly 20%. Already in 2010, however, the

market showed a revival and the value of machinery and transport equipment exports rose to EUR 54.8 billion, a 126.2% growth index (year-on-year). This trend continued in the following years. In 2015, exports were worth EUR 79 billion.Engineering, as most of the other branches of the Czech manufacturing industry, is an export-oriented sector, which has been showing a favour-able balance of trade for more than 10 years (EUR 21.6 billion in 2015). As regards the territorial structure of foreign trade, the unequivocally largest trade partner of the Czech Republic is Germany, followed by the UK, France, Slovakia, Poland, and Spain.In addition, the Czech Republic is the only state in Central and East-ern Europe (CEE) which is a member of the prestigious European Committ ee for Cooperation in the Machine-Tool Industry (CECIMO).

FUTURE PROSPECTSA characteristic feature of the engineering industry is its relative-ly high sensitivity to the economic cycle. The state of the Czech economy, the same as that of our largest foreign trade partners, is a factor that directly aff ects demand. Although Czech engineering has extricated itself from the consequences of the global crisis rela-tively quickly, it is continuously striving to orientate its manufacture towards higher added-value products based on new knowledge deriving from engineering research and new patents, often coming into being thanks to foreign investment enabling research and devel-opment institutions in the Czech Republic to set up new workplaces.

Period Stat. value EUR (thous.) Stat. value (%)

2010 54 750 070 126.2

2011 64 089 822 117.1

2012 66 173 944 103.3

2013 65 829 454 99.5

2014 72 548 796 110.2

2015 78 998 978 108.9

Export of machinery and transport equipment (SITC 7)


Czech Engineering– Tradition and Future

GDK - Extrusion blow moulding

machine producer since 1992

Based in Czech Republic, country with long time

tradition in mechanical engineering

Exporting worldwide (Europe – UK, Netherlands,

Germany, Austria, Italy, Greece, Poland, Russia,

Romania; America – Puerto Rico, Chile, Peru,

Suriname, Uruguay, Africa – Tunisia)

Blow moulded products are used in following

industrial areas: cosmetics, chemicals, food

packaging, pharmaceutical, automotive and others

GDK machine design highlights:Custom Made

Compact performance

Low energy consumption

Easy maintanence

Servoelectric drives used

Horizontal shuttle movement

Wide machine range

– product sizes from 5 ml up to 30 liters

Top class components used (SMC, Exlar, OMRON,

Nord, Sankyo Oilless Industry, Ziehl – Abegg,

Wittmann, Jumo, Dynisco, Eaton, Murr etc.)

Come and see us on the plastics industry tradeshow PlasTec

on 20–22 September 2016 in Messukeskus,

Expo and Convention Centre Helsinki

GDK spol. s r.o., Czech Republic, 362 14 Kolová 181, e-mail: [email protected], www.gdk.cz


2014, when the highest ever production of vehicles was achieved in the Czech Republic, has been noted as a record year to date. This was refl ected in the excellent fi nancial results of the manufactur-ers themselves as well as of their suppliers. For the fi rst time, the level of CZK 850 billion (EUR 31.5 billion) was exceeded in earn-ings from industrial activity, and in export it was CZK 700 billion (EUR 25.9 billion).

RECORDS AND THE 13TH PLACE IN THE WORLD The automotive industry under Czech conditions is a dynamical-ly developing sector, which is also documented by the results of the fi rst half of 2015, when the manufacture of motor vehicles had a rising tendency as compared with the previous year. In the 1st half of 2015, Czech automotive manufacturers produced 690 302 vehicles, 676 775 of them motor vehicles (6% increase compared with 2014) and 13 527 trailers (9% more as against 2014). These are fi gures of the Czech Automotive Industry Association. Thus, it can be assumed that the year 2015 will surpass last year´s re-cord output of 1.245 million passenger cars, which ranked the Czech Republic 13th in the world and 2nd in the number of cars manufac-tured per the number of inhabitants. In the manufacture of buses, the Czech Republic even ranks top in the world in per capita terms.

CARS FROM THREE MANUFACTURERSIn the passenger car category, 673 241 vehicles were manufactured in the six months of 2015, which was an increase of 6% compared with the fi rst half of the year before. The relatively highest produc-tion growth, compared with the same period of 2014, was recorded in the 1st half of 2015 by the TPCA Czech Company (38% growth). The share of Škoda Auto in the Czech car manufacture of the 1st half of 2015 amounted to 58% (it was 59% in the whole of 2014). The HMMC Nošovice Company recorded 24% (24% in the preceding year) and the share of TPCA Kolín was 17% (16% in 2014). The dom-estic sale of the manufactured cars increased by 20% and the total export rose by 7%.

BUSES AND TRUCKSThe success of the Czech automotive industry is also document-ed by other fi gures. In the 1st half of 2015, a total of 2 196 buses were produced in the Czech Republic, an increase of 33% over the same period of 2014. The main manufacturers are the companies of IVECO Czech Republic (83% share in total production) and SOR Libchavy (15% share). Both companies have recorded growths in their outputs. The domestic sale of the manufactured buses soared by 115% and export rose by 47%.

Truck manufacturing in the Czech Republic is represented by the Tatra Trucks Company, where 406 vehicles rolled off its production line in the fi rst half of 2015. This was an increase of 20% over the same period of 2014. On the other hand, the export of trucks of the Tatra brand de-creased slightly compared with the same period of 2014 (by 5%, which amounts to 16 vehicles), but domestic sales rose by 81% (61 vehicles). The above data show that the Czech automo-tive industry is in an excellent condition and off ers numerous business opportunities – e.g. in the related supply sector, where the manu-facturers of various parts and components for motor vehicle makers can have a role to play. The second area determining the future com-petitiveness of the Czech automotive industry is research, development and innovation. Gratifyingly, it is in this area where both the number of research and development centres, as well as the number of specialist staff , have been increasing.

Note: EUR 1 = CZK 27.026 (average exchange rate announced

by the Czech National Bank in January 2016)

The key sector of the economy of the Czech Republic, which

has a favourable eff ect on the country´s balance of ex-

ports, is the automotive industry. It builds not only upon

a valuable tradition, but also the favour of foreign inves-

tors, who have contributed considerable resources to the

development of production in recent years. Over 85% of

the total motor vehicle production goes to exports from

the manufacturing plants in the Czech Republic every year.

Phot

o: Š

KO

DA

AU

TO a

.s.

Czech Automotive Industry Stepping up Its Dynamics

K E Y S E C T O R S


Thanks to its energy mix, the Czech Republic is one of the EU member states

the least dependent on the import of energy raw materials. A large part of

its energy production is based on its own solid fuel resources (mainly coal,

some of which is exported) and the production of nuclear power stations.

The Czech Republic – a Strong

Thanks to its own solid fuel resources, the Czech Republic only imports crude oil and natural gas, on which, however, it is highly dependent. Therefore, the basis for its electric-ity supplies is nuclear and coal-burning power plants, heating plants, big hydroelectric power stations, and works power plants. This mix is complemented with renewable sources, mainly wind and photovoltaic power stations and bio-mass burning sources, plus biogas. The greatest increase in recent years was witnessed in the area of photovoltaic sources. Thanks to the system of support and the price of the technolo-gy, sources with an aggregate capacity of nearly 2 GW were installed in 2009 and 2010. The latest fi gures acknowledge the position of the Czech Republic as one of the largest European and even world electricity exporters. In 2014, for example, the Czech Republic´s net export, i.e. the diff erence between export and import, amounted to 16.9 terawatt hours. In fi nancial terms, energy export in 2014 dropped by nearly 80% year-on-year. The largest import-ers of Czech electricity on a long-term basis are Austria, Germany, and Slovakia.From the macroeconomic point of view, it is an advantage that the Czech Republic has another important export article, in addition to cars, electronics, and engineering goods. From the energy safety point of view, the impor-tant thing is that the Czech Republic not only

imports energy raw materials, such as natural gas and crude oil, but that it also itself exports a strategic commodity, which, in addition, has a certain added value when compared with the raw materials.

MARKET REGULATIONOn the territory of the Czech Republic, the electricity market is operated on the basis of regulated access to the transmission system, the distribution systems, and the possibility of building electrici-ty-generating plants and direct power lines. Electricity transmis-sion and distribution prices and system services prices, electrici-ty prices for protected customers and the electricity suppliers’

prices are regulated by an independent energy market regulator, the Energy Regulatory Offi ce. One of its competencies is the support of economic competition and the protection of consumer interests in those areas of the power sectors where no competition is possible, with the aim of satisfying all requests for power supply. The Offi ce decides on awarding, changing, or withdrawing licences and on price regulation under special legal rules.

THE LARGEST PLAYERS IN THE MARKETThe main electricity-generating company in the Czech Republic is ČEZ, a.s. (approximately 75%). In addition, there are more than 100 independent producers. Besides coal-fi red power plants, there are two nuclear power stations in the Czech Republic – Temelín and Dukovany – plus hydroelectric, solar, wind, and biomass incineration power plants.

STATE ENERGY CONCEPTThe State Energy Concept approved in 2015 sets out the Czech Republic´s long-term energy vision and the country’s strategic aims in the area of power generation. It describes the current situation and expected trends in the Czech energy sector within the context of the EU and the regions and identifi es the mechanisms of ensuring the country’s energy safety and the interest in maintaining its current full independence as regards heat and electricity supplies, but without any signifi cant export of home-generated electricity. This can only be achieved with the further development of nuclear power generation in the Czech Republic. The State Energy Concept has undergone a comprehensive analysis of its potential impacts on the environ-ment, while taking into account all requirements and conditions resulting from the analysis and presumable eff ects arising from the realisation of the priorities and aims of the Concept.

Player in the EU Energy Market

Phot

o: P

hoto

Com

bo

NEWS:

Lately, we have expanded our portfolio of

new machines. We have already been offer-

ing new floor-type and table-type boring

mills. Now, we have developed a horizontal

T-type boring mill – the WHX10CNC.

WHX10CNC

Contacts:

Address: RETOS VARNSDORF s.r.o.

Žitavská 913, 407 47 Varnsdorf, Czech Republic

E-mail: [email protected]

Tel.: +420 413 039 105 (Commercial Director Ing. Irena Rumlenová)

Tel.: +420 413 039 103 (Company Director Ing. Jan Müller)

www.retos.cz

BASIC VERSION:

Spindle speed range: 3000 rpm

Clamping plate surface: 1250 x 1250 mm

Table loading capacity: 8000 kg

Travel: X = 2000 mm, Y = 2000 mm,

Z = 1250 mm, V = 650 mm

One boring mill offering so many

advantages and options! • Maximum variability of design – unit principle

• Rolling guideways for all axes

• Choose travel range of basic axes – X, Y, Z

• Design with headstock or ram

• Choose size and number of clamping plates

and mounting tables

• Choose from a wide range of technological

accessories

• Choose level of convenience and safety:

from protective control cover to fully

enclosed design

• Possibility of workpiece measurement directly

on the machine using a spindle encoder, or

independently on a second mounting table

during machining

• Possibility of anchoring on smooth surfaces

by using adjustable underlays

• Small installation space thanks to design

optimization

For further details see NEW MACHINES

at www.retos.cz

RETOS VARNSDORF s.r.o. Our company covers a complete portfolio of

services associated with the operation of

horizontal boring mills in machinery production.

Our portfolio ranges from the delivery of

new (RETOS VARNSDORF s.r.o.) or recycled

(TOS VARNSDORF s.r.o.) machine overhauls,

partial or medium repairs, to consultancy and

customer service, to delivery of spare parts,

accessories, and the accompanying manuals.

RETOS VARNSDORF s.r.o. is a certified ISO 9001

and ISO 14001 company and focuses especially

on domestic, West European, and Russian

markets. Additionally, we are also present in

Canada, the USA, and Australia.

Management System

ISO 9001:2008

ISO 14001:2004

www.tuv.com

ID 0910095330

RETOS – YOUR PARTNER FOR HORIZONTAL BORING MILLSProduction, Overhauls, Modernization, Spare Parts

K E Y S E C T O R S


Phot

o: Z

etor

arc

hive

s

In the past, agricultural machines used to be important Czech export

articles. Then the times came when Czech manufacturers were pushed

out of many markets by keen international competition. In spite of

that, however, their sophisticated production has not disappeared

from Czech factories and their products are currently gaining ground

anew. Firms are coming forward with new models of high quality and

their prices are competitive even in international trade.

There are about 100 manufacturers of agri-cultural and forestry machines in the Czech Republic. According to the estimates of the Agricultural and Forestry Machinery Associ-ation (A.ZeT), they employ some 10 000 people, about the number employed by the sector some 20 years ago. In 2014, the manufacturers sold 2 453 tractors in comparison with 2 304 in the preceding year, a 6.5% increase, according to the Association of Agricultural and Forestry Machinery Exporters and the Agricultural and Forestry Machinery Association; in the same period, they sold 166 combine harvesters in comparison with 175 in the preceding year, a 5.1% decrease year-on-year. The fact is that, in 2009 and 2010, sales in general showed a massive decline, so that the 2014 fi gures are roughly at the 2006 level.

FOREIGN TRADECzech fi rms are becoming increasingly involved in international trade. Until 2008, machinery

imports increased at practically the same rate as Czech manufacturers were placing their products on foreign markets. In 2009 and 2010, both domestic and foreign sales dropped by approximately 30% in com-parison with the preceding year. Current-ly, exports and imports are at about the same level, according to the latest A.ZeT fi gures, amounting to approx. CZK 15 billion (approx. EUR 555 million). In export, an important role is played by Zetor tractors. The fi rm of Zetor Tractors a.s. exports some 86% of its output, with the rest being sold in the Czech Republic and Slovakia. Other important exporters are Farmet in Česká Skalice near Náchod, which manufactures and exports soil processing machines (cultivators, com-pactors, harrows), Bednar FMT Praha, OPaLL Agri Dolní Životice, and SMS CZ Rokycany. Among other fi rms, the most successful are AGRIO Křemže, known for its sprayers, and ZDT Nové Veselí, exporting trailers and semi-trailers. Other export articles include mowing machines, front-end loaders, manure spreaders, and a variety of small agricultural machines and tools. The manufacture of special ma-chinery is also successful, such as stump cutt ers and oleaginous seed-processing machines. In the stable machinery cate-gory, special mention should be made of

FARMTEC Jistebnice, Bauer Technics Tábor, and AGE České Meziříčí.An important factor of domestic and foreign trade is the presenta-tion of Czech manufacturers at important European trade fairs. The most important such events in the past two decades have been the combined international TECHAGRO / SILVA REGINA / ANIMAL VETEX / BIOMASS trade fairs in Brno, which have built up excep-tional international renown for themselves. Within the European context, they are placed right after the two most important events in the agriculture/forestry sector— the SIMA Paris and AGRITECH-NICA Hannover trade fairs. In the past few years, TECHAGRO has been the most successful project of all the trade fairs ever organised in the Czech Republic. For example, in 2014, it hosted 743 exhibitors, who occupied more than 83 000 sq. m of exhibition ground. The turnout was nearly 120 000 visitors.

STRENGTHS OF THE SECTOR, TRENDS AND EXPECTATIONSThe relative advantage of Czech agro-engineering is the structure of the manufacturing fi rms: in most cases, they are small and medi-um-sized enterprises that are capable of reacting fl exibly to demand and are in a position to prepare machines precisely to meet customer needs and requirements even in serial production.

Czech Manufacturers of AgriculturalMachinery Are Doing Well


The development

and production of mining

complexes and technological

equipment for customers

from Russia, Vietnam, Spain,

and Ukraine

�

� Non-mining custom

production of technological

complexes for customers

from Germany, Italy, and

the Czech Republic

www. tmachinery.cz/en Batovka 1285, 696 02 Ratíškovice, Czech Republic, [email protected], tel. +420 518 391 510

It is extremely complicated to make a trustworthy prediction for the future period. The crisis did not only mean fewer orders, but also a crisis in making economic predictions. Naturally, a revival might occur, but a downswing is also a possibility. The Czech economy is small and open and practically dependent on exports. Of course, we would be glad if the development we witnessed in recent years continued and the information proved true from the banking sector that the interest of farmers to invest is growing and that machinery purchases continue to increase steadily.Agriculture, however, is a sector strongly dependent on political de-cisions at both the national and EU levels. As regards domestic deci-

sions, this concerns, among others, the decision whether or not to cancel preferential cheaper oil prices for farmers or to introduce taxation on still wines. Proper competition is also being upset by the policy of market chains, on which farmers are inappropriately dependent due to current legislation. A controversial issue divid-ing EU member states is the fi nancing of the common agricultural policy, which upsets free competition by unbalanced and unjust inter-ventions and grants and demotivates hundreds of Czech farmers from catt le and pig rearing and growing cereals, fruit and vegetables — areas in which Czech agriculture is competi-tive. In view of the diff erent approaches, the question is to what extent it will be possible to push through changes to reduce the total volume of funds spent on the common agri-cultural policy, give greater support to rural development and the improvement of the qual-ity of life in the countryside, while reducing production subsidies, limiting regulation in the sector and eliminating asymmetrical solutions that are putt ing some member states (including the Czech Republic) at a disadvantage.

Dušan Benža

Director of the Agricultural and Forestry Machinery

Association A.ZeT Secretariat


Foreign Trade – Manufacture of Forestry and Agricultural Machines (in CZK million)

0

2000

2014 2015

4000

6000

8000

10000

12000

14000

16000

18000

export import fi gures in CZK million, EUR 1 = CZK 27 March 2016

Šroubárna Kyjov focuses mostly on foreign

markets, to which it exports more than 80% of

its output in terms of the company´s revenues.

It is certified by the Lloyd´s Register Quality As-

surance according to the ISO 9001, ISO 14001,

and ISO/TS 16949. The firm is a holder of

a DB AG (German Railways) product certificate.

Many of its products are homologated also by

other European railways, such as ÖBB (Austria),

SBB (Switzerland), NETWORK RAIL (Great

Britain) and RENFE (Spain).

ŠROUBÁRNA KYJOVis a traditional manufacturer of fastening material using the hot forming technology.

Its production programme comprises products for railway, construction, engineering, and

the automotive industry. Its core business is the manufacture of fastening material for the rail

superstructure – sleeper screws, hook bolt and nuts, as well as construction screws and customer

specification parts for special uses. As regards the automotive industry, the company produces

bearing ring and cam forgings for combustion engines, with the use of CNC machining.

Šroubárna Kyjov, spol. s r.o.

Jiráskova 987, 697 32 Kyjov, Czech Republic

Phone: +420 518 604 471

[email protected]

www.sroubk.cz

ŠROUBÁRNA KYJOV IS A MEMBER OF THE TŘINECKÉ ŽELEZÁRNY – MORAVIA STEEL GROUP.


Recently, a Czech fi rm fi led a patent application for an electrically conductive nanofi bre. When electrical current is passed through it, the fi bre acquires the capacity to kill viruses and bacteria in contaminated water. The material can be used for diff erent purposes and in diff erent areas, including the military environment and health-care, and can be useful in third-world countries, where clean water is scarce.

NANOTECHNOLOGY TRIGGERS OFF A REVOLUTION IN MEDICINEA real breakthrough is the use of nanotechnol-ogies in medicine, where thus far unheard of possibilities have been opening up. They can be used in diagnostics, drug distribution within the body or the treatment of patients with the aid of special nano instruments. And moreover, nano medicine ranges in sizes in the order of billionths of a metre, and this is the size of the particles of which the human body is composed – molecules, the DNA helix, and also a large number of dangerous viruses. By enabling a detailed view of the biological processes, nanotechnology off ers a new set of instruments for understanding the sources and mechanisms of diseases. Czech fi rms are keeping pace in this area and there are good prospects that, together with research laboratories, they will be in a position to off er many more products that will fi nd their way into the world, despite the competition from nanotechnology development in the USA, Japan, and China.

In the past few years, the Czech industrial tradition has acquired

a new dimension with the addition of nanotechnologies to its

conventional practice. Nanotechnology based on the combination of

organic and inorganic components gives rise to new materials that

have a variety of uses, for example in medicine, the textile industry,

air and water cleaning, and the manufacture of electrical batteries.

Since the moment in 2004, when the Technical University in Liberec, in collaboration with Elmarco company, developed, as the fi rst workplace in the world, an indus-trially usable nanofi bre, this new technology has witnessed a dynam-ic development. Thanks to the phys-ical properties of nano microscopic particles a thousand times thinner than the human hair, this technolo-gy has found its way into a number of Czech manufacturing fi rms. The absolute majority of fi rms whose core business is the use of nanotechnologies in their operations are born global companies, which operate on the international scale and seek trade partners in other countries.

INVESTORS AND THEIR NEED TO EXPORTCurrently, more than 15 private research companies and some 70 manufacturers in the Czech Republic use nanotechnologies in their operations. In addition, there are specialised centres in this coun-try to which fi rms come for consultation to become acquainted with the new scientifi c development. Twenty-six workplaces of the Czech Academy of Sciences, 37 university faculties and 9 research organis ations fi nanced by the state in the Czech Republic concern themselves with basic research in diff erent nanotechnology areas. Despite being the cradle of nanotechnology research and its practical application, the important thing for the Czech Republic in future is to arouse the interest of investors from neighbouring states, to which Czech fi rms could export their nano products. All the more so, as fi rms in as many as 70 regions of the European Union are focusing on nanotechnology research and nanotechnologies are becoming an important instrument of the national economies in their eff orts to gain a competitive edge.

WHAT HAVE CZECH FIRMS MANAGED TO ACHIEVE?According to the Nanotechnology Industry Association of the Czech Republic, this technology does not mean just innovation. In actual fact it signifi es a technological change, whereby man can manipulate matt er at the molecular level, across all sectors. The portfolio of Czech nanotechnology fi rms is quite broad. Among other areas, it includes the manufacture of photocatalytic paints with titanium oxide nano particles. This practically transparent paint has an extraordinary ability – to clean the ambient air and remove virus-es, bacteria, toxins, and cigarett e smoke from it. This principle can be used to reduce air pollution in cities and industrial agglomerations.

NanotechnologiesEntering Big Business

Phot

o: w

ww

.sxc

.hu

K E Y S E C T O R S


The Czech Republic is one of the countries with thriving tourism. The land

with a population of 10 million is a peaceful and safe destination, off ering

historical monuments, picturesque scenery, world-famous spas, a net-

work of luxury hotels as well as facilities for leisure activities. In recent

years, the Czech Republic has also gained a reputation for congress

tourism, for which capacities have been adapted especially in big cities.

During the fi rst half of 2015, a total of 12.4 mil-lion foreign visitors came to the Czech Repub-lic, 9.5% more than in the previous year. The earnings of the Czech economy from tourism amounted to CZK 69.5 billion (EUR 2.6 bil-lion) in the fi rst half of 2015. This, again, was a year-on-year increase – of 5%. The fi gures are provided by the balance of payment statistics of the Czech National Bank. The main reasons for tourists to visit the Czech Republic are holi-days (65%), business meetings (16%), or visits to relatives and friends (12%). In the fi rst half of 2015, the development of tourism was also favourably infl uenced by other factors, mainly major sporting and cultural events which have an eff ect on tourism at the venues where they are held. At present, tourism in the Czech Republic accounts for 3% of the gross domestic product and employs over 230 000 people.

CONGRESS CAPITALThe Czech Republic has been ranked among the 30 most suitable countries for congress tour-ism over the long term and the Czech capital, Prague, is even one of the 15 most favoured cities. Among others, this evaluation is due to the successful organisation of several conferenc-es of global importance that have been hosted by Prague in recent years. A stable economy, strategic position, favourable climate, various tourist att ractions as well as the high quality of services provided in the congress facilities are factors making Prague an att ractive destination. The city off ers modern hotels with an extensive choice of conference premises, including state-of-the-art facilities. The Prague Congress Centre has been extensively modernised, and capacities and services are also being extended by Václav Havel International Airport, the destination for numerous international fl ights operated by renowned airlines as well as a number of low-cost air carriers.

SPA SELECTION Another important segment of tourism is the spa industry. The Bohemian and Moravian regions are especially rich in mineral water

sources, which in the past gave rise to the existence of famous spa localities ranked among the best in the world. The joint work of man and Nature has won world renown and become the

country´s important health and economic commodity. The use of natural healing sources, baths, mineral waters and spa treatments has a long-standing tradition. Although spa facilities can be found in all the regions of the Czech Republic, the most signifi cant medicinal resources are in the regions of Karlovy Vary, Ústí nad Labem, South Bohemia, Hradec Králové, and Olomouc.

IN PURSUIT OF HEALTH AND RELAXATIONWith the change of lifestyle in recent years, Czech spas have ex-tended their standard off er of curative treatments with new forms of relaxation, regeneration and anti-stress programmes suitable for overworked entrepreneurs and managers. These special extended programmes, combined with a range of accompanying recreational activities (golf, tennis, fi tness, cycling, etc.), are off ered by about 40 spa localities in the Czech Republic.Notably, the aforementioned golf is increasingly refl ected in the fa-vourable tourism statistics. So much so that numerous quality cours-es are situated close to natural beauty and heritage sites. More than 130 golf clubs operate in the Czech Republic territory and lovers of this game can use more than 70 golf courses. Those of the best qual-ity, with the highest standard of services, have been set up around the capital city Prague, in what is known as the West Bohemian Spa Triangle near Karlovy Vary, and in Northern Moravia.

The Czech Republic, an Attractive Tourist Destination

Phot

o: C

zech

Tour

ism

(Dav

id M

arva

n)

Dr. Müller Pharma s.r.o.

U Mostku 182, 503 41 Hradec Králové

Czech Republic (EU)

e-mail: [email protected]

www.muller-pharma.eu

CONTRACT MANUFACTURING

OF PHARMACEUTICAL PRODUCTS PRIVATE LABEL

PRODUCTION FOR PHARMACY CHAINS OR TRADERS

GMP certifi cate for Human

medicinal products

• non-sterile semi-solid dosage forms

• suppositories and vaginal glubules

• medicinal lozenges (hard boiled )

• primary and secondary packaging

of tablets, capsules (hard and soft)

and packaging of semi-solid forms

• chemical and physical quality

control testing

Medical devices

• oral/nasal sprays

• vaginal gels

• lubricants

Food supplemets

• herbal syrups

• solutions

• sport/nutritional dietary

supplements

• lozenges (with sugar or sugar free)

• granules

Cosmetics

• oil in water, water in oil (emulsions,

creams, ointments, skin tonic)

• gels

• products based on surface-

active substances and tonics

• liquids/solutions

Dr. Müller Pharma, s.r.o. is the largest manufacturer of medicinal

products, medical devices cosmetics and

food supplements in the Czech Republic.

We are a family fi rm founded in 1995, cur-

rently with 130 employees and affi liated

companies in Slovakia, Poland and Great

Britain. Its two manifacturing and storing

facilities in Hradec Králové occupy an area

of 14 000 sq. m.

We off er contract manufacture of Medicinal

products, medical devices, food supple-

ments and cosmetics, and the private label

development of whole product series for

pharmacy chains. We are looking for trade

partners for the distribution of our products

under the Dr. Müller Pharma trademark.

I N S T I T U T I O N S


CONFEDERATION OF INDUSTRY OF THE CZECH REPUBLIC

The largest alliance of employers in the Czech Republic, which

represents the predominant part of industry and transport,

groups together 28 sector federations and a total of 1550

member companies having more than 800 000 employees.

Its mission is to defend the shared interests of its members and

infl uence the economic and social policy of the government, with

the aim of creating optimum conditions for business which, while

respecting the ethical principles of enterprise, will help to

increase the competitiveness of members and lead to the

sustainable prosperity of Czech society.

Its priorities include balanced public fi nances, effi cient and

cost-eff ective public administration, motivating and simple

taxes, research, development and innovation at a top level,

modern technical education, fl exible labour market, develop-

ment of transport and infrastructure, effi cient support for export,

a safe, reliable and accessible power supply, and sustainable care

of the environment.

It expresses and promotes its comments on legislative issues. It

defends and coordinates the interests of its members especially in

the Council for Economic and Social Agreement, which is

a platform for negotiations between the government, employers,

and trade unions on basic political, economic, and social themes.

It organises activities for the establishment of trade and econ-

omic relations between Czech and foreign entities, in the form of

business missions, conferences, bilateral and multilateral

negotiations, and participation of its members in trade fairs,

exhibitions, and expert seminars.

The Confederation formulates and promotes the interests of

employers and entrepreneurs of the Czech Republic in European

and international organisations, especially as a member of the

Confederation of European Business (BUSINESSEUROPE) and

within the framework of the Business and Industry Advisory

Committee to the OECD (BIAC). On the basis of agreements, it

actively cooperates with partner industrial federations, chambers

of commerce, and other economic institutions abroad.

Svaz průmyslu a dopravy České republiky

Freyova 948/11, 190 00 Praha 9

Phone: +420 225 279 111


l More information about the Confederation of Industry can be

found at: www.spcr.cz. l

CZECH CHAMBER OF COMMERCE

The Czech Chamber of Commerce is empowered by law to pursue

and protect the interests of the business community, ensure its

needs and support its development. It consists of a regional

network of chambers, associations, professional and trade

confederations on a national scale. The broadly-based member-

ship platform therefore makes it possible for businessmen and

entrepreneurs to use its specifi c services, including international

support undertakings and programmes.

Although membership of the Czech Chamber of Commerce is not

compulsory, the Chamber provides its services, whose standard is

comparable with that of the chambers of commerce in the other

EU states, not only to its members, but also to non-members:

l Organisation of international and bilateral company contact

events (outgoing and incoming missions)

l Organisation of accompanying business missions of Czech state

representatives during offi cial visits to foreign countries

l Visiting missions of businessmen on the occasion of the offi cial

participation of the Czech Republic in trade fairs and exhibitions

abroad

l Missions of foreign investors for small and medium-sized Czech

enterprises

l Organisation of seminars, workshops, business forums and

similar expertly and territorially oriented events

l Participation in the programmes and activities of the European

Union

l Seeking out trade partners in the Czech Republic and abroad,

consulting in the area of foreign trade

l Active support on entry of foreign markets

l Provision of export certifi cates

l Foreign trade analysis

l Publication of off ers and enquiries at the Chamber´s websites

Hospodářská komora České republiky

Florentinum, Na Florenci 2116/15, 110 00 Praha 1

Phone: +420 266 721 300

E-mail: offi [email protected]

l More information at www.komora.cz l

Institutions Present Themselves


INTERNATIONAL CHAMBER OF COMMERCE IN THE CZECH REPUBLIC

The International Chamber of Commerce – ICC – was founded

in Paris in 1919. Its mission is to support world trade. Today it

comprises thousands of companies and associations from more

than 130 countries. ICC CR has been providing its services for

more than 15 years.

Prestige – Through national ICC committees, businessmen

transfer their interests, standpoints and views to representatives

of supreme bodies, institutions and governments, including the

UN, EU, WTO and OECD, in which ICC has the highest status level

of consultant.

Rules – ICC has incontestable authority to create rules according

to which international trade is operated. The rules are used in

everyday contact and they have become an indivisible part of

international trade throughout the world. Examples are Incoterms

(R) 2010, banking rules, and international model agreements.

Partnership – ICC provides a wide range of services; for example,

it organises arbitration proceedings within the framework of the

ICC International Court of Arbitration in Paris and educational

events, and it also provides consulting services and arranges

meetings with foreign trade partners.

Territorial meetings – The aim of these events is to support

Czech diplomacy, create business and investment opportunities

for Czech exporters, help diversify Czech exports and establish

useful trade contacts.

Specialised courses – Subjects are linked with international

trade, in particular: Incoterms(R) 2010, bank guarantees and

URDG 758, documentary letters of credit and standby, and

international purchase contracts.

ICC CR, in collaboration with the Ministry of Industry and Trade,

has created the document: “Competitiveness Strategy for the

Czech Republic and Export Strategy for the Czech Republic

for the period 2012–2020”.

Národní výbor Mezinárodní obchodní komory

v České republice

(National Committee of the International Chamber

of Commerce in the Czech Republic)

Florentinum, Na Florenci 2116/15, 110 00 Praha 1

Phone: +420 257 217 744


l More information at: www.icc-cr.cz l

NORDIC CHAMBER OF COMMERCE

The mission of the Nordic Chamber of Commerce in the CR is not

only to serve and promote Nordic businesses, but also to function

as a vehicle to develop commercial relations between the Czech

Republic and Denmark, Finland, Iceland, Norway, and Sweden.

Today, our membership has grown to almost 160 companies,

employing 63 000 people all over the Czech Republic. Although

the Chamber is a non-profi t organisation and has no political

aims, we are constantly working to improve the business climate

in the Czech Republic, not least by promoting Nordic values such

as transparency, diversity and sustainability; we also provide

a platform for creating new business opportunities.

Several studies conclude that membership in a commercial chamber

can signifi cantly boost a company’s image both among consumers

as well as among other businesses. By joining the Nordic Chamber of

Commerce, your company will become part of an organisation that

actively represents and promotes the Scandinavian lifestyle and

management style in the Czech Republic. We also put great

emphasis in promoting fairness as a principle of doing business.

Our main activities can be summarised as follows:

l Promoting and presenting our members’ businesses

in the local market

l Supporting our members’ interests and conveying their

points of view to representatives of the Czech Government

and state authorities

l Building and expanding their business connections

l Arranging networking events with other foreign

chambers in the country

l Increasing our members’ business knowledge

l Interacting with other Nordic-connected businesses in the CR

l Working on improving the country’s business environment

l Providing professional services, business information and

market research through member companies with expertise

and services in the given fi eld

l Promoting Nordic values – transparency, equal opportunities

and sustainability – both among the membership and the CR

l Arranging Czech business missions to the Nordic countries and

Nordic trade visits to Prague and other parts of the country

The practical benefi ts of a membership in the Nordic Chamber of

Commerce depend on the individual members’ level of involve-

ment, their desire to utilise our services and their commitment to

make a diff erence in the community.

Business referrals, website presence, increased visibility, regional

partnership, networking events and workshops, advertising

opportunities and business partnership benefi ts are all included

in the Chamber membership.

Nordic Chamber of Commerce

Václavské náměstí 51, 110 00 Praha 1

Phone: +420 774 123 370


l More information at: www.nordicchamber.cz l



CZECHTRADE CZECH TRADE PROMOTION AGENCY

DEVELOP YOUR INTERNATIONAL BUSINESS

CzechTrade is a government trade promotion agency of the

Czech Republic, which was set up by the Ministry of Industry and

Trade of the Czech Republic. Its main objective is to develop

international trade and cooperation between Czech and foreign

entities. Through its services, CzechTrade supports Czech

companies in trading on foreign markets. Foreign companies

contact CzechTrade when they are looking for interesting, reliable

partners and suppliers in the Czech Republic.

Our professional team, including employees in our foreign

network, off ers a wide range of services to assist your company in

fi nding a suitable contractor or trade partner in the Czech Republic.

Czech fi rms have the reputation of being reliable partners and

suppliers of high-quality products, technologies and services.

Services provided free of charge by the network

of CzechTrade offi ces abroad:

l Qualifi ed search of Czech business partners

l Initial consultation by phone or in person with the foreign

offi ces representative concerning the potential of Czech

suppliers based on your requirements

l Provision of basic information on the sector of interest in the CR

l Identifi cation and compilation of a list of potential suppliers in

the Czech Republic within the specifi ed sector

l Publication and targeting of a specifi c inquiry among Czech

suppliers to fi nd out their interest in cooperation

l Organisational arrangement of a meeting with potential Czech

suppliers in the Czech Republic during so-called Sourcing Days

Online Services

Online form on the websites, where you can specify your

requirements. A team of CzechTrade specialists will assist you in

fi nding contacts to suppliers of goods and services in the Czech

Republic according to your specifi cations.

Czech Exporters Directory

The Directory is an offi cial online database of Czech exporters,

where you can fi nd potential trade partners in the Czech Republic.

The Directory is available in 13 language versions at

http://exporters.czechtrade.cz

BusinessInfo.cz Portal

Offi cial website for foreign businessmen seeking information,

assistance or contacts for their business activities in the Czech

Republic. Language of the portal: English. Translation into other

languages is possible with the Google Translator application.

Česká agentura na podporu obchodu / CzechTrade Main Offi ce

Dittrichova 21, 128 01 Praha 2, Czech Republic

Green line: +420 224 907 820


CzechTrade Scandinavia (Sweden, Denmark, Norway, Finland)

Villagatan 21, 114 32 Stockholm

Phone: +46 8 236 712


www.czechtrade.se, www.czechtrade.dk

l More information at www.czechtrade.eu l

I n d u s t r y s . r. o .

„ Quality you can a ord “

KOMA – Industry, s.r.o. focuses on uid systems (hydraulic systems, lubrica on systems, pneuma c systems, manufacturing of special hy-draulic cylinders). We have been performing comprehensive services ranging from design development to implementa on of our customers’ projects for many years. We also provide sophis cated installa on services for primary producers of machines and appliances. Our company has been very ac ve in this sphere of engineering and has become a solid partner to many leading industrial corpora ons on both Czech and interna onal markets.

Upon our acquired experience and business opportuni es, KOMA – Industry s.r.o. has ex-panded its scope of ac vi es to implemen ng large investment projects related to uid sys-tems. We are well-suited for delivering large projects – we can build on the knowledge of our professionals who are experienced in all necessary skills needed for all parts of the project implementa on process – from the ini al phase of o ers and quota ons through planning and designing, manufacturing of uid and engineering units, to providing cus-tomers with warranty and post-warranty services.

Our ac vi es are realized at two main levels:

1) KOMA-Industry realizes turn-key projects - en re investment pro-jects or overhauls – while using its own workforce and subcon-tractors.

2) KOMA-Industry becomes a subcontractor to a company delivering the whole project – in such a case we usually deliver the technical solu on or services related to uid systems only.

We would like to apply our experience, skills and new produc on capaci es in other markets. To our new customers, we are o ering a highly responsible approach to various solu ons, technical services and capabili es at a very high level, as well as a stable and guaranteed quality of the delivered units or hubs.

Our main strengths:- Technical support of our own design o ce (consul ng of clients’ non-standard requirements, own designs and innova ons, thor-

ough checking of the documenta on prior to handing it over to the purchasing department and produc on).- Project management knowledge and experience.- Own produc on capaci es appropriate for the heavy industry projects deliveries.- The company is located in an industrial part of the Czech Republic which facilitates the collabora on and coopera on of individual

tasks and ac vi es.- A highly experienced team (highly skilled and trained professionals).- Our implementa on team is well technically equipped.- We do have a lot of experience with large investment project deliveries in both, the Czech Republic and abroad (Europe, Russia,

India, and Pakistan).- We also have the experience with project deliveries using the external documenta on (with foreign standards or non-standard

solu ons).

Services and skills of a supreme quality level:- High-pressure oil hydraulics.- Precision electro-hydraulic systems.- Hydraulic aggregates for various machines.- Large hydraulic systems for presses, cu ers, bending machines…- Parallel delivery of all other uid media of the machine, lubrica on system, pneuma c system, natural gas, machine water cooling

system.- The ability to produce, assemble and test the en re technological units while using the external documenta on.- Alterna vely, we can produce individual mechanical machine parts only.- The ability to deliver piping systems while possessing the top quality capabili es and experience.- Precision bent piping systems by individual technologies.- Extensive piping systems for rolling mills.- High-pressure large diameter piping systems (e.g. ø 273x40)- Stainless piping systems up to the maximum diameters. - Own produc on capaci es appropriate for the heavy industry projects deliveries.- Experience in assembly and installa on of large technological units (rotary cas ng stand, presses, bending machines,…).

KOMA – Industry s.r.o. tel.: +420 595 952 436 tel.: +420 595 954 775 www.komaindustry.cz I : 64617912Ruská 41 fax: +420 595 952 725 fax: +420 595 955 879 [email protected] DI : CZ64617912706 02 Ostrava-Vítkovice


CZECHINVEST, BUSINESS AND INVESTMENT DEVELOPMENT AGENCY

CzechInvest:

Your gateway to success in the Czech Republic

The Business and Investment Development Agency CzechInvest

is a state contributory organisation subordinated to the Ministry

of Industry and Trade of the Czech Republic. Services include

sector-specifi c market intelligence, identifi cation of business

properties and sites, investment incentives, identifi cation of

potential business partners, suppliers and acqusition targets as

well as aftercare services. The Agency contributes to attracting

foreign investors operating in the manufacturing industry,

business support services and technology centres, and also

supports Czech enterprises in their expansion eff orts.

To simplify communication between the state, business and the

European Union, CzechInvest acts as an umbrella business-promo-

tion organisation for companies using both EU and national funding.

CzechInvest is exclusively authorised to fi le applications for

investment incentives at the competent governing bodies and

prepares draft off ers to grant investment incentives. Its task is also

to provide for potential investors current data and information on

business climate, investment environment, and investment

opportunities in the Czech Republic.

All services are provided free of charge.

CzechInvest

Štěpánská 15, 120 00 Praha 2

Phone: +420 296 342 502


CzechInvest Scandinavia


l More information about CzechInvest at www.czechinvest.org l

CZECHTOURISM CZECH TOURIST CENTRE

CzechTourism, the Czech Tourist Centre, publicises the Czech

Republic at home and abroad as an attractive tourist destination.

Its partners are representatives of regional institutions and tourist

regions, destination managements, towns and communities, and

fi rms. With all its activities, the Centre attempts to awaken the

interest of foreign tourists in the Czech Republic’s wealth of

unique sights and attractions and to inspire them to visit the

country. Its policy is to promote incoming tourism, while

systematically supporting tourism at home.

All its marketing activities place special emphasis on the

communication strategy, which presents the Czech Republic as

an exciting country where visitors can not only discover thrilling

tales of its history, past and present, but also experience and

share these with their companions. CzechTourism is assisted in

these eff orts by a network of foreign representations; it actively

collaborates with the media and addresses partners in the Travel

Trade sector at trade fairs. The Agency organises study tours to

the Czech Republic for representatives of the media and tour

operators and mediates tourism news for the local tourist

community, acquainting them with the trends and analyses in the

sphere of global tourism. It acts as a service organisation for the

regions and the B2B segment in the area of tourism, assisting

tourist entities to present themselves abroad at a level which they

could not easily achieve if acting on their own.

CzechTourism Agency is a state-run contributory organisation of

the Ministry for Regional Development of the Czech Republic.

Česká centrála cestovního ruchu – CzechTourism

Vinohradská 46, P.O.Box 32, 120 41 Praha 2

Phone: +420 221 580 111


Czech Tourist Authority – CzechTourism

for Scandinavia and Finland


Phone: +468 44 04 239


l More information can be found at www.czechtourism.com l



CZECH CENTRES

Czech Centres are an agency of the Czech Ministry of Foreign

Aff airs for the promotion of the Czech Republic worldwide. They

propagate the Czech cultural scene in the international fi eld and

advance Czech interests from their offi ces in 21 foreign capitals

on three continents. They are members of EUNIC — the Associ-

ation of European National Cultural Institutions.

Czech Centres promote all sectors of Czech cultural and creative

industries, presenting the Czech Republic as a modern country

with valuable cultural traditions. They bring together and

promote the cooperation of foreign cultural institutions, experts

and artists with their Czech counterparts.

In the area of education, science, research and innovation,

Czech Centres collaborate with universities and other higher

learning and specialised institutions, help promote cooperation

between them and propagate the achievements of Czech science

abroad. They support the tuition and popularisation of the Czech

language internationally.

In the area of external economic relations, Czech Centres assist

in the promotion of Czech trade interests in other countries.

In promoting the Czech Republic as an attractive tourist

destination, the Centres, in collaboration with their partners,

devote themselves especially to the presentation of Czech

regions abroad.

As regards the provision of information about the Czech Republic,

Czech Centres act as communication centres for the lay and

expert public, the media, and international entities abroad.

Česká centra – ústředí (Centre)

Václavské nám. 816/49, 110 00 Praha 1

Phone: +420 234 668 211


Czech Centre Stockholm


Phone: +468 4404 218


www.stockholm.czechcentres.cz

l More information can be found at www.czechcentres.cz l

CENTRE FOR REGIONAL DEVELOPMENT OF THE CZECH REPUBLIC ENTERPRISE EUROPE NETWORK

The Centre for Regional Development of the Czech Republic

(the Centre) is an intermediary and control body for selected

operational programmes fi nanced from the EU Structural

Funds. The Centre also administers the Regional Information

Service system, where information from the regions and

municipalities of the Czech Republic can be found. The system is

focused especially on the economic, social, and living environ-

ment, administrative division, public administration and local

government, grants, etc.

The Centre hosts one of the partners of the Enterprise Europe

Network (EEN). This network was established by the European

Commission in 2008 to support businesses and enterprises. Since

then it has spread its activities throughout the world, so, today,

it comprises 600 partners with more than 4 000 experts in over

50 countries – for example (apart from all EU countries) it has

offi ces in India, China, Japan, and South Korea.

EEN staff off er services to both Czech and foreign enterprises.

Foreign fi rms can benefi t from the following services: assistance

in seeking partners for business, production and technological

cooperation, information about the Czech business environment,

setting up fi rms and information about taxation, Czech and EU

legislation concerning business and opportunities of funding

from national and EU sources. International B2B trade meetings

organised by the EEN during selected important trade fairs are

very popular among businesses, e.g. in the Czech Republic,

during the International Engineering Fair in Brno and the FOR

ARCH building Trade Fair in Prague.

Centrum pro regionální rozvoj ČR – Enterprise Europe Network

U Nákladového nádraží 3144/4, 130 00 Praha 3

Phone: +420 234 006 232


l More at www.crr.cz, www.een.cz l

ENJOY

COMFORTABLE LIFE WITH

SUN SHADING PRODUCTS

High quality external

blinds made by NEVA

Czech Republic

Sales representative

for Scandinavia:

HANSEN Enterprise a.s

P.O.Box 33

N-2081 Eidsvoll, Norway

Mr. Ednar Hansen

Phone: +47-905 976 29


Producer:

ŽALUZIE NEVA s.r.o.

Háj 370, 798 12 Kralice na Hané

Czech Republic

www.nevapv.cz

all types of external blinds

wide range of colour shades of slats

covers made to customer’s specifications

short delivery terms

Locomotion aids• forearm crutches

• underarm crutches

• crutches for children

• walking sticks

• accessories (anti-slip tips,

grip covers, straps, holders...)

Other medical equipment• finger splints

• irrigators

• anti-decubitus pads

Since 1992, ERILENS Ltd. has been

helping people with limited mobility

to take part in everyday life.

We produce locomotion aids, such as fore-

arm crutches, underarm crutches, walking

sticks and other medical equipment. We pay

attention to the quality, functionality and

design of our products, with our experienced

development and production team follow-

ing the current trends and user requirements.

Our company is the only manufacturer of

locomotion aids in the Czech Republic. At

present, we are one of the most significant

distributors on the local market. A consider-

able percentage of sales is exported.

ERILENS s.r.o.Papírenská 114/5 • 160 00 Prague 6 • CZECH REPUBLIC

Jana Dupalová • Export Manager • e-mail: [email protected] • Tel.: +420 777 336 912

www.erilens.com


CONFEDERATION OF EMPLOYERS’ AND ENTREPRENEURS’ ASSOCIATIONS OF THE CZECH REPUBLIC

l associates seven representative employer associations in the

area of construction, textile industry, small and medium-sized

businesses, cooperative enterprises, agriculture, mining and oil

industries, transport, woodworking industry, education,

healthcare, culture, and social services;

l represents 22 285 member entities with more than 1 322 179

employees;

l supports the specifi c interests of its members in the area of

legislation and other spheres;

l formulates the common business and employer interests of its

members and pursues them in collaboration with the state

authorities concerned, other employer organisations and trade

unions and especially in various forms of consultation with the

government;

l cooperates with the Czech Confederation of Industry, the Czech

Chamber of Commerce, the Czech Agrarian Chamber, the Czech

Confederation of Commerce and Tourism, the Czech Cooper-

ative Association and other organisations;

Traditional producer of woollen socks

We produce men's, ladies' and children's socks and knee-socks. We offer a wide se-lection of woollen and cotton materials. Our portfolio includes classic, sporty, me-dical, casual, and professional socks, socks for work, special army socks (antibacterial, sanforized etc.).We have ISO 9008 certification.

www.bapon.cz

Contact the producer on:

bapon-stepon s.r.o.Stodolní 510394 64 PočátkyCzech Republic

+ 420 775 382 [email protected]

l is one of the social partners representing the business sector in

the Council of Economic and Social Agreement (Tripartite Body).

The members of the Confederation include the following

associations and unions:

l Association of Textile, Clothing, and Leather Industry;

l Association of Businessmen and Tradesmen

of the Czech Republic;

l Association of Czech and Moravian Manufacturing Cooperatives;

l Association of Building Entrepreneurs in the Czech Republic;

l Union of Employer Associations;

l Employer Union of Mining and Oil Industries;

l Czech Agricultural Union.

Konfederace zaměstnavatelských a podnikatelských svazů ČR

Václavské náměstí 21, 113 60 Praha 1

Phone: +420 222 324 985


l More information at www.kzps.cz l

C O N T A C T S


Useful ContactsUSEFUL CONTACTS IN THE CZECH REPUBLIC

Embassy of the Kingdom of Denmark

Velvyslanectví Dánského království

Maltézské náměstí 5, 118 01 Praha 1-Malá StranaPhone: +420 257 531 600E-mail: [email protected]

Embassy of the Republic of Finland

Velvyslanectví Finské republiky

Hellichova 1, 118 00 Praha 1Phone: +420 251 177 251E-mail: [email protected] www.fi nland.cz

Honorary Consulate of the Republic of Finland

Honorární konzulát Finské republiky

Botanická 834/56, 602 00 BrnoPhone: +420 541 554 265E-mail: [email protected]

Embassy of the Kingdom of Norway

Velvyslanectví Norského království

Hellichova 1/458, 118 00 Praha 1-Malá StranaPhone: +420 257 111 500E-mail: [email protected]

Embassy of the Kingdom of Sweden

Velvyslanectví Švédska

Úvoz 13, 110 00 Praha 1-HradčanyP.O.Box 35, 160 12 Praha 612Phone: +420 220 313 200E-mail: [email protected]/prag

Nordic Chamber of Commerce in the Czech Republic

Severská obchodní komora

Václavské náměstí 51, 110 00 Praha 1Phone: +420 774 123 370E-mail: [email protected]

CzechInvest Scandinavia


MINISTRIES

Ministry of Foreign Aff airs / Ministerstvo zahraničních věcí

www.mzv.cz

Ministry of Industry and Trade / Ministerstvo průmyslu a obchodu

www.mpo.cz

Ministry of Agriculture / Ministerstvo zemědělství

www.mze.cz

Ministry of Transport / Ministerstvo dopravy

www.mdcr.cz

Ministry of Finance / Ministerstvo fi nancí

www.mfcr.cz

Ministry of Regional Development / Ministerstvo pro místní rozvoj

www.mmr.cz

Ministry of the Environment / Ministerstvo životního prostředí

www.mzp.cz

Ministry of Labour and Social Aff airs

Ministerstvo práce a sociálních věcí

www.mpsv.cz

Ministry of Health / Ministerstvo zdravotnictví

www.mzcr.cz

Ministry of Education, Youth, and Sport

Ministerstvo školství, mládeže a tělovýchovy

www.msmt.cz

Ministry of Culture / Ministerstvo kultury

www.mkcr.cz

Ministry of Justice / Ministerstvo spravedlnosti

www.justice.cz

Ministry of Defence / Ministerstvo obrany

www.army.cz

Ministry of the Interior / Ministerstvo vnitra

www.mvcr.cz

USEFUL CONTACTS IN DENMARK

Embassy of the Czech Republic

Ryvangs Allé 14-16, 2100 København Phone: +45 3910 1810E-mail: [email protected]/kodan

Honorary Consulate of the Czech Republic

Søsterhøjvej 35, 8270 Højbjerg - AarhusPhone: +45 4020 3444E-mail: [email protected]

USEFUL CONTACTS IN FINLAND


Armfeltintie 14, 00150 HelsinkiPhone: +3589 6120 880E-mail: [email protected]/helsinki

- ORTEX Ltd. is a Czech company established

in 1991.

- The programme is focused on development,

series production and sale of braces for

post-op conservative treatment and reha-

bilitation of damaged joints and ligaments.

- Besides its own range of products, ORTEX

Ltd. also offers braces that are custom-man-

ufactured based on business partners’ spe-

cial wishes.

- The Company is certified in the Quality

Management System in accordance with

EN ISO 9001:2008, EN ISO 13485: 2003.

ORTEX Ltd.

L. Váchy 173

760 01 Zlín

Czech Republic

Теl.: +420 577 011 272-4

Fax: +420 577 011 275


www.ortexzlin.cz

FOR HEALTH, COMFORT AND MOVEMENT

PRAHA

BRNOTŘINEC

ONE OF THE BIGGEST FOUNDRIES

IN THE CZECH REPUBLIC

A leading manufacturer of a com-

plete range of foundry products

with more than 170-year tradition

in casting. Production of steel,

grey and nodular cast iron, mod-

els, manual and machine forming,

a wide range of manufactured

materials, heat treatment, rough-

ening, machining, varnishing. We

produce manually also machine-

formed castings of carbon, medium

and high alloy steels from 5 kg to

6,000 kg. Manually and machine-

formed hematite, grey and nodular

iron castings from 2 to 50 tons, met-

allurgical cylinders up to 30 tons.

The production process includes

services such as production of

model equipment, heat treatment,

machining, finishing of castings in-

cluding varnishing, and dispatch of

castings to customers. We supply

castings for various industrial sec-

tors – castings for the automotive

industry, mechanical engineering,

agriculture, metallurgical cylinders,

spare parts for smelting plants,

counterweights for handling trucks,

wear parts for stone and coal treat-

ment machines, bearing plates and

railway frogs, parts and accessories

for building machines, oil sumps,

casings, covers for electric motors,

ingot moulds and other castings

according to the customer’s speci-

fications. We offer about 30 brands

of cast irons and approximately 150

brands of cast steels. All according

to ČSN ISO 9001 and ČSN ISO 14001

certification.

Slévárny Třinec,a.s. is a member

of Association of Foundries of the

Czech Republic and of Economic

Chamber of the Czech Republic

Address SLÉVÁRNY TŘINEC, a.s.

Průmyslová 1001, Stare Mesto

739 61 Třinec, Czech Republic

Tel.: +420 558 532 481, +420 558 532 040

Fax: +420 558 532 586


www.slevarny.trz.cz

Contact Persons:

Šárka Wojnarová, Marketing Manager

Tel.: +420 558 532 481, Mobile: +420 724 299 807


Miroslav Kajzar, Commercial Manager

Tel.: +420 558 533 952, Mobile: +420 602 766 486


STEEL CASTINGS

GREY IRON CASTINGS EN GJL100-EN GJL 350

NODULAR IRON CASTINGS EN GJS 400-EN GJS 700

PATTERN MAKING, CNC MACHINE

MACHINING,FINISHING

CASTINGS FOR VARIOUS INDUSTRIES



Kuninkaankatu 15 B 26, 33210 TamperePhone: +35850 5522 680E-mail: [email protected]

USEFUL CONTACTS IN NORWAY


Fritz ners gate 14, 0244 Oslo Phone: +47 22 12 10 31E-mail: [email protected]/oslo

Honorary Consulate of the Czech Republic – Trondheim

Tungaveien 38, Trondheim, Postboks 1862Phone: +47 9323 3100E-mail: [email protected]

Honorary Consulate of the Czech Republic – Sjøvegan

St. Hansveien 36, SjøveganPhone: +47 9097 5599 E-mail: [email protected]

Honorary Consulate of the Czech Republic – Bergen

Christian Michelsensgt. 2A, BergenPhone: +47 5521 5401E-mail: [email protected]

USEFUL CONTACTS IN SWEDEN


Villagatan 21, 114 32 StockholmPhone: +468 4404 210E-mail: [email protected]/stockholm


World Trade Center, Jungmansgatan 12, 21121 MalmöPhone: +46 7323 32199 E-mail: [email protected]

CzechTrade Scandinavia (Sweden, Denmark, Norway, Finland)

Villagatan 21, 114 32 StockholmPhone: +46 8 236 712E-mail: [email protected] www.czechtrade.se, www.czechtrade.dk

Czech Centre Stockholm

Villagatan 21, 114 32 StockholmPhone: +468 4404 218 E-mail: [email protected] p://stockholm.czechcentres.cz

Czech Tourist Authority – CzechTourism for Scandinavia and Finland

Villagatan 21, 114 32 StockholmPhone: +468 44 04 239E-mail: [email protected]

MANUFACTURER OF NETS FOR ALL SPORTING ACTIVITIES: goals

and protective nets for football, handball, volleyball, basketball,

badminton, tennis, floorball, ice hockey, golf, baseball, skiing.

MANUFACTURER AND SUPPLIER OF ROPE PRODUCTS FOR

PLAYGROUNDS AND SPORTS GROUNDS: gymnastic skipping

ropes and skipping ropes made of jute, climbing ropes, climb-

ing nets, climbing ladders and pyramids, and hammocks.

MANUFACTURER AND SUPPLIER OF NETS FOR INDUSTRIAL USE,

CONSTRUCTION AND GARDEN: container nets, nets for freight

wagons, safety rope ladders, safety nets for falling persons or

objects, nets for plant growing, decorative nets, aviaries etc.

• Sports nets are manufactured

according to international

rules and standards.

• Products for playgrounds com-

ply with safety standards.

• Safety nets comply with the

international EN 1263-1 safety

standard.

We supply our products to top

international sporting events

in volleyball, beach volleyball,

tennis, ice hockey (Davis Cup,

European Volleyball Cham pi-

onship, World Beach Volley-

ball Championship, World Ice

Hockey Championship, etc.)

We export 35% of our produc-

tion to almost all European

countries (Germany, Austria,

Switzerland, Finland, Russia,

Estonia, Slovakia, Romania...).

MANUFACTURER OF PROTECTIVE NETS FOR A WIDE RANGE OF USE DEPENDING ON INDIVIDUAL DIMENSIONS.

FAST • HIGH-QUALITY

MANUFACTURE

www.kvrezac.cz

Kv. Řezáč, s.r.o.U Svratky 780, 666 01 Tišnov

Czech Republic

Tel./Fax: +420 549 410 084

+420 549 410 085

+420 549 410 350



INCO engineering is a private company based in Prague, the CzechRepublic . INCO engineering belongs to top world suppliers of verticaltransport technology for underground mines.

INCO engineering designs and manufactures following equipment: friction hoists•drum hoists•automatic loading/unloading stations •sheaves and pulleys•mine signaling •

INCO engineering provides remote consultancy so the customers arenever left alone.

Sophisticated Rockwell Automation control systems are used, includingRockwell Automation frequency converters.

INCO engineering has enormous experience in old hoists modern-ization. INCO engineering modernizes its own products as well ashoists of other manufactures. It can be complete modernizationcovering: brakes, control system, hydraulics, electrical part, mechanicalpart, or partial modernization when only the most troubling difficultiesare solved.

INCO engineering s.r.o.Thamova 13 phone: +420 222 780 372186 00 Praha 8 [email protected] Republic www.incoengineering.cz

Our Services – Your Added Value

We provide the following services:

Kvítková 668, 760 01 Zlín, Czech Republic, [email protected]

www.aveng.eu

Product concept development

Detail design

Product documentation

Analysis and simulations

Measurement and testing

Prototypes and test equipments


The Most Important WebsitesGeneral information on the Czech Republic www.czech.cz Offi cial site for the CR

BusinessInfo www.businessinfo.cz Offi cial site for business and exports

Doing Business in the Czech Republic www.doingbusiness.czGeneral information on business climate, structure, and development of the Czech economy

Portal of the Public Administration www.vlada.czThe electronic gateway for the public to administra-tion and government services

Company Contact Information

ARES www.info.mfcr.cz/ares/ares.html Access to Registers of Economic Subjects/Entities

Business Register http://portal.justice.cz Public directory of companies

Hoppenstedt Bonnier www.hbi.cz The most important companies in the CR and the SR

Inform.cz www.inform.cz Czech Company Catalogue

Kompass www.kompass.cz Czech Company Catalogue

European Databank www.edb.cz Information operator

Czech exporting companieshttp://exporters.czechtrade.cz/en/

Company-Catalogue Czech Exporters Directory

Zlaté stránky www.zlatestranky.cz Telephone and companies directory

Legislation

Iuridika http://iuridica.eunet.cz Directory of legal services and offi cial bodies

Portal of Czech judiciary www.justice.cz Course of legal proceedings

Finance

Czech National Bank www.cnb.cz Monetary, fi nancial, and macroeconomic data

Prague Stock Exchange www.pse.cz Prague Stock Exchange data

RM-Systém www.rmsystem.cz Czech Stock Exchange

Czech Insurance Association www.cap.cz Directory of insurance companies operating in the CR

Patria Finance, a.s. www.patria.cz Investment portal

Chamber of Tax Advisers of the CR www.kdpcr.cz Database of tax advisers

Statistics

Czech Statistical Offi ce www.czso.czOffi cial statistical data and information covering diff erent subjects

Fairs and Exhibitions

BVV – Brněnské veletrhy a výstavy/Trade Fairs Brno

www.bvv.czList of exhibitions and fairs in the CR and relevant information

Association of Fair and Exhibition Organisers of the CR /SOVA ČR/

www.euroexpo.czExhibition centres and companies organising trade fairs in the CR and abroad

Miscellaneous

The Industrial Property Offi ce www.upv.czPatents, trade marks, utility models, and industrial designs

The Czech Science Foundation www.gacr.czAwards grants to the best projects of basic research in all branches of science

The Register of Advertising Agencies www.registrra.cz/rraExpert assistance in choosing and working with advertising and communication agencies in the CR

Česká pošta (the Czech Post) www.ceskaposta.czIncl. postcodes of municipalities and its districts (PSC), philately etc.

Residence of Foreigners in the CR www.domavcr.cz Advice for living in the CR

Association for Foreign Investment www.afi .cz Support for entry of foreign investors

Cadastre of Real Estate www.cuzk.cz Information system, contains data on real estate in the CR

Road toll in the CR www.mytocz.eu Information on toll and charges

National Register of Vocational Qualifi cations

www.narodni-kvalifi kace.czSurvey of professional qualifi cations recognised in the Czech Republic

Portal of the Regional Information Service www.risy.cz Information website on the regions

The Czech Association of Hotels and Restaurants

www.ahrcr.cz Directory of hotels in the CR


EXPERIENCED AND FLEXIBLE SUPPLIER OF ELECTRICAL CABINETS FOR PRODUCTION AND TECHNOLOGICAL LINES

Complex range of services:

construction and production of electrical LV cabinets up to 1000 V AC

or 1500 V DC rated voltage and 4000 A rated current

production of electrical switchgear cabinets in compliance with

a UL 508A (CSA) standard

custom-made production of electrical enclosures and control panels

powder coated or stainless steel solutions, intended also

for pharmaceutical or food industry

projection in ePlan

SW for industrial and control systems

For inquiries and more information, visit our website or contact us on [email protected]

Tel.: +420 318 493 685

Fax: +420 318 493 628


VAT: CZ25096087

SENCO Příbram spol. s r.o.Plynárenská 292, 261 01 Příbram, Czech Republic

www.sencopb.cz/en

AGROMECHANIKA v.o.s.CZ 384 02 LHENICE

Phone: +420 388 321 280


www.agromechanika.cz

Agromechanika v.o.s. is a traditional

Czech manufacturer of solid fuel hot

water boilers with outputs from 15

to 50 kW. The boilers come in the AM

Energo series designed for firewood

combustion and the AM Licotherm

series with an automatic fuel feeding

system designed for wood pellet and

brown coal nugget 2 combustion.

ADVANTAGES OF AM ENERGO BOILERS:

spacious gasification chamber

with a large filling door

high efficiency of the boiler

at nominal output

perfect combustion with a very

low harmful substance content

special design of the gasification

chamber with low tar production

long burning period (up to 22 hours

in regulated operation)

AUTOMATIC HOT WATER BOILERS:

AM 24 Licotherm BIO

AM Licotherm 26 Carbo2

WOOD COMBUSTION HOT WATER BOILERS:

AM 23 Energo

AM 29 Energo

AM 43 Energo

czech republic your trade partner / denmark, finland, norway, sweden 2016/2017

Documents