Automotive Industry

Top Projects

Reasons to Invest:

• Strategic position in Central Europe, direct access to the EU market of 500 million consumers
• Stable business and political environment – EU and NATO membership
• Well-developed transport and telecommunications infrastructure
• Highly developed technical base
• Highly educated workforce, good access to university graduates with technical education
• Strong innovation potential for R&D projects
• Positive approach of the Czech government, investment support covering up to 60% of eligible costs through a transparent system of investment incentives
• First-class support from CzechInvest

If R&D is what you need

The modern history of the Czech automotive industry boasts not only production successes but also outstanding results in the field of automotive research and development. Based on the well-established automotive market and high-level technical education with one of the world’s largest proportions of graduates, numerous R&D companies have established branches here. The more than thirty R&D companies that utilise the potential of the local industrial tradition and highly skilled engineers include Porsche Engineering Services, Mercedes-Benz Technology, Ricardo, Swell, Valeo, Visteon, Aufeer Design, Bosch, Continetal, Honeywell, Siemens, TRW, ZF Automotive and many others.

Many technical universities and their R&D centres, such as Josef Božek’s Research Centre of Engine and Automotive Technology at Czech Technical University in Prague and other technical universities in Plzen, Liberec, Pardubice, Brno, Zlín and Ostrava closely cooperate with these companies, providing them with the workforce and know-how they need.

“What convinced us was the quality of Czech engineers and the long automotive tradition in the Czech Republic. For this reason we can promise further improvements in our results and achieve competitive prices.”

Clive Hickman, Managing Director, Ricardo Vehicle Engineering

Statistics

_{Source: Automotive Industry Association, 2011}

_{Source: fDi Market, 2011}

Share of Automotive sector on Industrial Output