The Czech automotive industry represents one of the most developed automotive markets in the CEE region. Based on its long tradition, robust supplier base of nearly 900 companies and unique technology know-how, the Czech automotive sector succeeded in transitioning into a European advanced automotive industry while maintaining its attractive quality/price ratio. This is evident in the fact that in 2010 annual production of passenger cars exceeded one million units for the first time and is rising.
- Avia Ashok Leyland
- IRISBUS IVECO
- SOR Libchavy
- Jawa a.s.
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 country’s industrial potential and highly skilled engineers include Porsche Engineering Services, MBtech Bohemia, Ricardo, Idiada, Swell, Aufeer Design, Valeo, Visteon, Benet Automotive, Bosch, Continental, Faurecia, Hella, Honeywell, Horiba, Siemens, TRW, TÜV-Süd, ZF Friedrichshafen and many others.
Technical universities and their R&D centres, such as Vehicle Centre of Sustainable Mobility at Czech Technical
University in Prague and other technical universities in Plzeň, Liberec, Pardubice, Brno, Zlín and Ostrava closely cooperate with these companies, providing them with the workforce and know-how they need.
Additionally, CzechInvest provides investment financial support with the unique opportunity to fund R&D projects also from the national programme after the recent amendment to the Investment Incentives Act in 2012.
“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
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Source: Automotive Industry Association, 2013
Source: fDi Markets, 2013
Brochure: the sector at a glance • key investment benefits • hubs of major component producers etc
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