Presentation by: Milos Kucera, Deputy Head of Mission Embassy of the Czech Republic in Greece...
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Presentation by: Milos Kucera, Deputy Head of Mission Embassy of the Czech Republic in Greece BUSINESS ENVIRONMENT AND TRADE OPPORTUNITIES IN THE CZECH REPUBLIC BUSINESS ENVIRONMENT AND OPPORTUNITIES OF TRADE COOPERATION BETWEEN THESSALONIKI CHAMBER OF COMMERCE & INDUSTRY AND THE VISEGRAD GROUP COUNTRIES Thessaloniki, 14 th November 2012
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Transcript of Presentation by: Milos Kucera, Deputy Head of Mission Embassy of the Czech Republic in Greece...
Presentation by:
Milos Kucera, Deputy Head of Mission
Embassy of the Czech Republic in Greece
BUSINESS ENVIRONMENT
AND TRADE OPPORTUNITIES
IN THE CZECH REPUBLIC
BUSINESS ENVIRONMENT AND OPPORTUNITIES
OF TRADE COOPERATION BETWEEN
THESSALONIKI CHAMBER OF COMMERCE & INDUSTRY
AND THE VISEGRAD GROUP COUNTRIES
Thessaloniki, 14th November 2012
WELCOME IN THE HEART OF EUROPE…WELCOME IN THE HEART OF EUROPE…
◄◄ UNESCO WORLD HERITAGE (12 SITES) UNESCO WORLD HERITAGE (12 SITES) ◄ ◄ NATURE, SPASNATURE, SPAS◄ ◄ CULTURE CULTURE && ARTS ARTS, CLASSICAL MUSIC , CLASSICAL MUSIC
… WHICH OFFERS YOUWORLD-FAMOUS PRODUCTS
▪ AUTOMOBILES, VEHICLES, MACHINERY▪ ENGINEERING▪ HITECH ▪ ENVIRONMENTAL TECHNOLOGIES▪ BEER▪ GLASS, PORCELAIN▪ TEXTILE, SHOES
http://www.czechtourism.com/ http://www.czech.cz
SUCCESS OF CZECH BRANDS AND IDEAS You probably know well …
All of these were born in this country:
- soft contact lenses - polarography - electron microscopes - passive radars - the latest effective HIV/AIDS drugs - industrial manufacture of nanofibres
WORLDWIDE QUALITY OF LIFE – HIGH HUMAN DEVELOPMENT(Human Development Index, 2011)Criteria: location, longevity, education, living standard, living conditions for children
1. NORWAY2. AUSTRALIA 3. NETHERLANDS4. USA…19. AUSTRIA20. FRANCE21. SLOVENIA22. FINLAND23. SPAIN…26. SINGAPORE
27. CZECH REPUBLIC
RATING of the Czech Republic (February 2012)
AA- (an increase from „A“ in
August 2011)
and A1
Source: www.fxstreet.cz
2011 1-6/2012
Population 10,5 mil. 10,5 mil.
Unemployment 6,7 % 8,4 %
GDP growth 1,9 % - 0,1 %
Average inflation rate 1,9 % 3,2 %
Public debt % GDP 39,0 %
Budget deficit % GDP - 3,7 %
Official currency Czech crown (CZK)
Exchange rate 1 EUR ≈ 25,20 CZK
Average monthly wage CZK 25.640 24.620/Q1
EUR 1.017 970
CZECH REPUBLIC: BASIC MACROECONOMIC DATA
Sources: Czech Statistical Office 2012; Czech National Bank; www.verejnydluh.cz
THE CZECH REPUBLIC OFFERS A UNIQUE LOCATION IN THE CENTER OF EUROPE
╌Very good access to both emerging Eastern and established Western
markets
╌Less than three hours by direct flight from Athens
╌Advanced infrastructure – dense motorway and railways network
Source: CzechInvest, 2011
TOP 10 Investors Mediated by CzechInvest
CompanyCountry of
OriginTotal investment
(in mil. USD)
Hyundai Motor Company South Korea 1 222
Toyota/PCA Japan/France 850
VOLKSWAGEN Germany 800
Mondi Packaging Paper Štětí a.s. Netherlands 394
Nemak Mexico 317
Denso Japan 255
Robert Bosch Germany 237
Matsushita Electric Industrial Co. Japan 235
DHL Great Britain 190
Siemens VDO Automotive Germany 179
Source: CzechInvest, 2011
The Czech Republic and Greece = business partners
◄ long business tradition
◄ share of Greece in the total Czech foreign trade 0,19% (44th largest trade partner in 2011)
◄ 1-7/2012 the share fell to 0,15% (51th position)
◄ total turnover = cca 420 million EUR (2011)
◄ Greek export to the Czech Republic +29%(2010), +5% (2011)
TRADE EXCHANGE 2011
passenger cars parts and accessories of motor vehicles
TV accessories - telecommunication equipment paper and paperboard
rubber tyres
total 286 million EUR (+2,6 %)▬▬▬▬▬▬▬▬▬▬▬▬▬►
◄▬▬▬▬▬▬▬▬▬▬▬▬▬
total 138 million EUR (+5,0 %)
aluminium - copperfruit and nuts - vegetables – preserved fruit
medicamentsalcoholic beverages
TRADE EXCHANGE 1-9/2012
total 135 million EUR (-28,2 %)
▬▬▬▬▬▬▬▬▬▬▬▬▬► ◄▬▬▬▬▬▬▬▬▬▬▬▬▬
total 91 million EUR (-1,1 %)
Business trend 1993 - 2011
Export Import Turnover Balance
Source: Czech Statistical Office, 2012
HOW TO COOPERATE WITH THE CZECH REPUBLIC
◄ Doing Business in the Czech Republic www.doingbusiness.cz
◄ Czech Trade www.czechtrade.cz
◄ Czech Invest www.czechinvest.cz
Trade Registerwww.justice.cz
Embassy of the Czech Republic in Athens www.mzv.cz/athens
Embassy of the Hellenic Republic in Prague www.mfa.gr/prague
Embassy of the Czech Republicin Greece
Mission of our Commercial and Economic Section:
◄ the main task = promotion of Czech products and
services in the Greek market
◄ introduction of the Czech Republic to Greek partners
◄ information about Czech sales offers and services
◄ assistance in finding appropriate business connections
◄ promotion of Czech companies and products in Greek international trade exhibitions
All our services are free of charge
THANK YOU FOR YOUR ATTENTION
Embassy of the Czech Republic in GreeceCommercial and Economic Section
Mr. Milos Kucera, Head of the Section
Mrs. Jitka Gadzuras, Officer
6, Georgiou Seferi Str., Palaio Psychico154 52 Athens
tel: 210 67 299 26fax: 210 67 106 75
email: [email protected]: www.mzv.cz/athens
