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CzechInvest

CzechInvest. Tomas Novak, Director CzechInvest, US West. Chicago. Brussels. Cologne. London. Prague. Paris. Yokohama. Silicon Valley. Hong Kong. Our Organization. MINISTER. OF INDUSTRY AND TRADE CR. STEERING. COMMITTEE. Czech Republic. -- Highlights. Czech Republic: EU member.

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CzechInvest

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  1. CzechInvest Tomas Novak,DirectorCzechInvest, US West

  2. Chicago Brussels Cologne London Prague Paris Yokohama Silicon Valley Hong Kong Our Organization MINISTER OF INDUSTRY AND TRADE CR STEERING COMMITTEE

  3. Czech Republic • -- Highlights

  4. Czech Republic: EU member • SINGLE MARKET OF 455 million CONSUMERS old members new members Czech Republic Population 2004 10.2 million GDP growth 2004 3.1% Unemployment 2004 10.3 % Annual inflation 2004 2.9% Average monthly salary 2003 USD 632 Source:Czech Ministry of Finance, July 20042004 –forecast

  5. Top Location for Offshoring A.T.KEARNEY Offshore location attractiveness index 2004 3.72 1.31 2.09 3.32 0.93 1.36 0.73 1.77 3.09 2.64 2.02 0.92 Czech Republic (4) 1.47 2.63 1.36 3.59 0.94 0.92 1.41 0.86 3.17 1.00 2.48 1.94 2.99 1.68 0.70 2.88 0.88 1.57 2.71 1.68 0.90 1.33 3.06 0.67 2.83 1.21 0.94 2.05 1.12 1.38 0.62 2.48 1.39 Note: The numbers in the bars are index numbers. The weight distribution for the three categories is 40:30:30, meaning that the financial structure is rated on a scale of 1 to 4, an that business environment, and people skills and availability are on a scale of 1 to 3.

  6. Software Development • Entered the CR in 1994, acquisition of NetBeans in 1999 • 90 software engineers in Prague develop Java Tools for Sun worldwide • Software development for parent company in Germany • 50 software engineers in Brno • In CR since 1994, Central European expert solution centre in 1998 • More than 100 IT professionals • In CR since 1991, European expert solution centre in 2001 • investment 8.8 mil. USD • 385 employees • European Configuration Centre for EMEA • IT services – SW and HW support, project management and outsourcing • 250 IT experts in HP Prague

  7. Shared Services • Opened in October 2001 in Prague • Provides accounting and financial services to its global clients from the manufacturing sector • Now 450 employees working in 12 languages, 1,500 people by 2008 • In CR since 2002, Competence Centre for desktop services, 40 employees • Supports desktop users from countries from Central and Eastern Europe and Scandinavian countrieswith IT expert services • Opened in September 2004 in Prague • Support to global DHL IT systems, one of three DHL strategic data centres worldwide • Wants to employ 1,000 people by 2008 • In CR since 2004, in Prague • Credit services and IT support, Customer service • Now 300 employees, wants to employ 1,300 people in the near future

  8. MANUFACTURING FACILITY STRATEGIC SERVICES OR R&D Selected U.S. investment projects LAIRD TECHNOLOGIES JOHNSON CONTROLS JOHNSON CONTROLS MERITOR MERITOR OWENS ILLINOIS - DELPHI PACKARD DELPHI PACKARD PITSBURGH CORNING JOHNSON CONTROLS JOHNSON CONTROLS PROCTER & GAMBLE PARKER HANNIFIN TRW TRW KIMBERLY KIMBERLY - - CLARK CLARK EXXON MOBILE BAXTER EASTMAN CHEMICALS LEAR ARROW ARROW PRAGUE PRAGUE YOUNGER OPTICS EUROPE INGERSOLL RAND INGERSOLL RAND EDS ACCENTURE OSTRAVA PHILIP MORRIS PHILIP MORRIS HONEYWELL AEROSPACE HAYES LEMMERZ HAYES LEMMERZ AVX AVX ROPER WESTVACO WESTVACO TRW TRW VISTEON VISTEON KIMBERLY KIMBERLY - - CLARK CLARK PRECISION CAST CORP. MARS (MASTER FOODS) MARS (MASTER FOODS) TORRINGTON TCI DURA AUTOMOTIVE DURA AUTOMOTIVE GILLETTE ON SEMICONDUCTOR ON SEMICONDUCTOR (MOTOROLA) (MOTOROLA) METHODE METHODE TYCO TYCO ITW ITW LEXMARK LEXMARK IBM HONEYWELL TECUMSEH TECUMSEH BRNO TEXTRON TEXTRON COLLINS & AIKMAN OTIS OTIS Update: 8.12.2004.

  9. Prague airport – the next major hub in Europe? Number of passengers through Prague airport 1991 - 2004 Source : Czech Airport Authority 2005

  10. Investment Inflow • INVESTMENT INCENTIVES for • -- Manufacturing • -- Technology Centres and Centres of Business Support Services • -- Job Creation in Regions Most Affected by Unemployment

  11. FDI inflows Source: Economist Intelligence Unit, 2003 * Includes estimates of re-invested earnings

  12. FDI stock per capita as of 2003 in EUR Sources: WIIW, Wiener Institut für internationale Wirtschaftsvergleiche, February 2004

  13. Inflow of foreign direct investment „2006-08: Compliance with EU regulations improves the business environment and sustains foreign direct investment (FDI) inflows of US$3.5bn-4bn annually“.Source: Country Forecast Czech Republic, EIU 1993 – Q3 2004 USD 42.1 BILLION USD BN Source: CNB, December 2004 2004 - 2008: Country Forecast, April 2004 Updater, EIU Q1 – Q3 2004: USD3.5BILLION

  14. Inflow of FDIand exchange rates CZK/EUR CZK/USD USD BN Source: Czech National Bank, January 2004, note – exchange rates are not yearly averages, but selected monthly averages to illustrate the extreme value or trend in that year.

  15. Cumulative FDI inflow by sector 1993 – 2003 Total EUR: 37.818 billion Manufacturing 33 % Financial intermediation 20 % Transport, storage and communications 15 % Other 5% Trade, hotels and restaurants 13 % Electricity, gas and water supply 6% Real estate and business activities 8 % Source: Czech National Bank, March 2004

  16. Investment mediated by CzechInvest by sector Investment commitments mediated: 9,839.9 mil. USD Source: CzechInvest, October 2004

  17. Cumulative FDI inflow by country 1993 - 2003 Total EUR: 37.818 billion • Germany • Netherlands • Austria Sweden 1% United Kingdom 4% Japan 1% Switzerland 5 % Other 11% Belgium 6 % United States 7% Germany 32% France 9% Austria 11% Netherlands 13% Source: Czech National Bank, March 2004

  18. Investment mediated by CzechInvest by country oforigin Investment commitments mediated: 9,839.9 mil. USD • Germany • Japan • Netherlands Source: CzechInvest, October 2004

  19. More value added projects 1994 2003 Wood-processing Industry 8% R&D 11% Automotive industry 29% Construction industry 14% Business support services 19% Manufacturing 100% Chemical industry 14% Electrical industry 29% Manufacturing 70%

  20. Top 10 CzechInvest investments Source : CzechInvest, October 2004

  21. Enterprises under foreign control Continual increase of industrial output Foreign enterprises account for: -- 35% of employment -- 47% value added -- 48 % output -- 55 % profit -- Over 70 % of export (EU – 96 %) Source: Ministry of Industry & Trade, 2002

  22. Czech Contributions to the US and to the World • Beer battle • over the brand Budweiser – Czech Republic vs Anheuser Busch • 1961 • Soft gel contact lense invented by Otto Wichterle • 1900 • Niagara Falls power plant manufactured in Pilsen

  23. How many jet airplanes were produced in the Czech Republic during the last 50 years A.none, the Czech Republic is not capable of producing a jet B.around 500, some of them are still flying today C.more than 10,000 trainers and fighters Quiz I ?

  24. 40 is the A. average yearly consumption of beer in the Czech Republic per capita in gallons B. number of senators in the Czech senate C. the estimated percentage share of the Czech Republic on European computer production Quiz II

  25. The gentleman on this cover of a California band Faith No More 1997 „Album of the Year“ is: A. Czech philantropist Milos Neruda, who financially supported the band in the 80’s B. The first Czechoslovak prezident, Tomas Garrigue Masaryk C. One of the Czech passengers on the Titanic Quiz III

  26. THANK YOU • Tomas Novak • tomas.novak@czechinvest.org • www.czechinvest.org CzechInvest, the Investment and Business Development Agency, is an agency of the Ministry of Industry & Trade of the Czech Republic

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