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Market Overview and Opportunities

general presentation update March 2013. Market Overview and Opportunities. Czech Republic in Europe. Map of Czech Republic. Population. 10. 5 million. Area. 78, 900 sq. km ; 30, 500 sq. miles. Capital. Prague, population 1.2 million. Major Cities. Brno, Ostrava, Plze ň , Olomouc.

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Market Overview and Opportunities

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  1. Czech Republic Market Overview and Opportunities March 2013

  2. general presentation update March 2013 Market Overview and Opportunities

  3. Czech Republic in Europe

  4. Map of Czech Republic

  5. Population 10.5 million Area 78,900 sq. km; 30,500 sq. miles Capital Prague, population 1.2 million Major Cities Brno, Ostrava, Plzeň, Olomouc GDP per head 20,400 USD (IMF) UK Exports £ 1.8bn (2011) UK Imports £ 4.2bn (2011) Czech Republic: basic facts

  6. Czech Republic: basic facts Member of: NATO, EU (since 2004), OECD, UN, IMF, WTO, Council of Europe Highly developed industrial base: Manufacturing and engineering, mining, automotive, electronics, construction, machinery, metallurgy, glass manufacture, production of beverages (beer) Intensive growth in the service sector Working population of 5.3m, well educated and skilled workforce

  7. Czech Republic: basic facts British investment reached more than Eur2bn since early 90’ Major investors: Vodafone, Tesco, Logica, Rolls Royce CEE Headquarters: Mott MacDonald, BAE Systems, M&S, Rolls Royce, Allen & Overy Financial services: HSBC, RBS, Provident Financial Retail: M&S, Karen Millen, TM Lewin, Next, Mothercare, Top Shop, Body Shop, Tie Rack, Debenhams Luxury brands: Burberry, Jimmy Choo, Barker, Agent Provocateur Over 300 British companies present in the market

  8. Czech Republic: more basic facts

  9. Czech RepublicPolitical situation

  10. Czech RepublicCzech Industry • Generates 30% of GDP and employment (1.3 million) • 50% of production depends on exports • Key branches • Production of automotive vehicles and related production (rubber and plastics) • Production and distribution of electricity, gas, heat and climatised air • Production of metal structures and metalworking including machinery and equipment • Production of other non-metal mineral products (linked to construction) • Production of food • Production of basic metals, metallurgy, casting • Production of ICT, electronics and optical devices

  11. Czech RepublicOpportunities PRIORITY SECTORS • Power • Science & Technology/Innovation (ICRC, CEITEC, ELI) • Food & Drink • Consumer Goods – luxury and high street brands

  12. Czech RepublicOpportunities Market Entry Sales • Direct • Distributor (Agent) Investment • Local manufacture • Branch/Subsidiary • Partnership/Joint venture

  13. Czech RepublicBusiness Culture • Liberal/sophisticated market • British products good reputation Welcome face to face • Confirm language of meeting/if in doubt, use an interpreter • Confirm objectives of meeting • Relaxed

  14. Czech RepublicUKTI Team Prague • Over 500 companies can’t be wrong! • Strong collaboration with other colleagues in Central Europe e.g. regional market reports, regional events, Regional Director • Good relationship with Czech Government and other partners • Work closely with the British Chamber of Commerce (www.britishchamber.cz)

  15. Czech RepublicSummary • Much closer than BRIC/ Excellent strategic location • Very strong history of innovation, entrepreneurs, productivity, engineering and industrial tradition • Access to EU structural funds • Natural crossroads between East & West • Anglophile; British products & investment well received • Well educated, skilled & still relatively low cost workforce • English widely spoken • EU member • Many business opportunities • It's close...

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