Car-maker Škoda Auto has won a 780 million crown tender announced by the
Ministry of Finance to provide passenger cars to various state
institutions. The car manufacturer will provide over 1,370 vehicles to 10
ministries and subsidiary organisations. The Czech Republic’s prison
service has already received 30 Škoda Octavia models.
Škoda Auto had also won a 250 million tender to provide 4x4 drive passenger cars to the police, but the tender was cancelled by the country’s anti-monopoly office, which claimed its requirements unfairly favoured the Czech car-maker Auto against other bidders.
The State Institute for Drug Control has urged British pharmaceutical
companies to file for a new export licence to the Czech Republic, according
to its head Irena Storová.
Ms. Storová said that around twenty British companies exporting pharmaceutical products to the Czech Republic had failed to do so, which would present a serious problem post-Brexit and could result in fall-outs on the Czech market.
The issue concerns all EU member states some of which have reportedly made a similar appeal.
The production of passenger cars in the Czech Republic increased by 1.7
percent last year to a new record of 1.437 million vehicles, the Automotive
Industry Association said Thursday. Production has now grown for a fifth
Exports of passenger cars rose 2 percent year on year while domestic purchases dropped 1.7 percent in 2018.
Leading carmaker and exporter Škoda Auto increased its production to 886,103 cars, up 3.3 percent in annual terms. The Volkswagen subsidiary said growth was due to the modernisation and expansion of its Czech manufacturing plants.
Hyundai Motor Manufacturing, on the other hand, recorded a 4.6 percent drop in production to 340,300 cars. TPCA, a joint venture of Toyota, Peugeot and Citroën, returned to production growth with a 6 percent increase to 210,993 vehicles.
Overall confidence in the Czech economy has declined for a third
consecutive month, dropping by 0.6 points to 98 points, the Czech
Statistical Office (ČSU) announced on Thursday.
Compared to last January, overall confidence in the economy is down, with levels lower for both business and consumers year on year.
Overall confidence in the Czech economy last dipped below 98 points in July 2017, when it stood at 97.7 points.
However, while business confidence has fallen in monthly terms, that of consumers has not, holding steady at December’s level.
The Czech economy is by some measures the most competitive in Central and Eastern Europe. But productivity has not kept pace with the rapid wage growth of recent years. And without greater state support for applied research and to encourage innovation, the Ministry of Industry warns, long-term competitiveness – already now “frozen” – could plummet.
For every 10,000 employees in the Czech Republic, there are 101 robots. This measurement, used in a recent HSBC study, places the Central European state above the world average, which lies at 74 robots. However, in the country’s neighbour Slovakia the robot population average is higher by a third. The study also claims that due to its ageing population study the Czech Republic will need to continue increasing the share of robots in its economy.
Year-on-year growth in industrial output in the Czech Republic slowed to
4.8 percent in November, according to official data released on Tuesday. In
October growth had reached 6.7 percent. However, taking into account
seasonal factors, industrial output actually rose by 0.9 percent.
The main driver of growth remained motor vehicle production, which went up by 10.2 percent. By contrast construction stagnated in the 11th month of 2018 following growth of 10.4 percent in October.
This year’s title Exporter of the Year award has again been claimed by the country’s largest automobile manufacturer Škoda Auto. The award for greatest export growth was won by pressure components manufacturer DGS Druckguss Systeme, while engineering firm Hutní Projekt Frýdek-Místek took the prize for best medium-sized exporter.
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