Business Opportunities in the Czech Republic

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• Business Opportunities in the Czech Republic
• UK Trade Investment South East
• 11 November 2008
• Zuzana Nagyova
• Senior Trade Investment Adviser
• Prague

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Basic Facts
Czech Republic
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More Basic Facts
Czech Republic
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Czech Republic Opportunities

• Priority Sectors
• - Automotive
• - Advanced Engineering
• - Science and Innovation
• - Education Training
• - Food Food Processing
• - Technical Textiles
• - Power

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Czech Republic Opportunities Market entry

• Sales
• - Direct
• - Distributor (Agent)
• Investment
• - Local manufacture
• - Branch/Subsidiary
• - Partnership/Joint venture

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Czech RepublicBusiness culture

• Liberal/sophisticated market
• British products good reputation (but
  price/distance)
• Welcome face to face
• Confirm language of meeting
• Confirm objectives of meeting
• Use titles e.g. Director, Dr.
• Relaxed
• Follow up
• NOT Czechoslovakia!

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Just a few of the UK investors in the Czech
Republic
Tesco Marks Spencer Halfords
Next Mothercare Vodafone Rolls
Royce LogicaCMG International Power Shell FKI
Brush Wagon Automotive John Crane Sigma
BAE Systems Bovis Lend Lease
HSBC Linklaters Aviva Mott MacDonald
Lovells Provident Financial CushmanWakefield
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Czech RepublicUnique selling points

• GDP per head growth
• Growth of over 4 for 2008/09
• Very strong history of innovation, entrepreneurs,
  productivity, engineering
• Access to EU structural funds
• Some good matches with South East of England
• THINK CENTRAL EUROPE

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KEEP IN TOUCH AND GOOD LUCK! British Embassy UK
Trade Investment Team Na Prikope 21, 117 19
Prague 1 Tel [phone]
Zuzana.Nagyova_at_fco.gov.uk www.britain.cz