Aerospace

The Czech Republic's aerospace sector is returning to the vanguard of competitive innovation as a result of the transition driven by the changing dynamics of the business. Czech aerospace companies are proving to be up to the new challenges, with many successfully incorporated into global value chains, while others independently utilise their outstanding technical competence and entrepreneurial spirit to develop unique products and solutions. Both traditional Czech manufacturers and reputable international investors are currently participating in numerous multi-national joint projects. An increasing number of Czech-made components and solutions feature in the A380 and B787 programmes, for example.

A core asset of the Czech aerospace industry is the skills of the 10,000 aviation professionals employed in the sector. Complemented by graduate output, this represents the bedrock of intellectual capital that is ready to meet the most demanding of tasks in terms of levels of expertise and innovation. Competitive investment incentives for manufacturing, maintenance, repair, design and R&D centres, as well as a supplier development programme are in place.

Sectoral shares in the overall turnover
realised by AAM members

^{Source: Association of Aviation Manufacturers, 2006}

"After many years of working with Czech aerospace companies, I am convinced that this country has the ability to shine in the aerospace industry. In this field, which demands the highest standards in engineering, the Czechs can undoubtedly make a significant impact, as engineers of outstanding ability."

• Paul M. Kaye, Managing Director Central and Eastern Europe, Rolls-Royce International

"In addition to manufacturing proximity, the government incentives programme for new technology centres was key to Honeywell's decision to establish its design centre in the city of Brno. We are very pleased with the support CzechInvest is providing."

• Dan Sheflin, Honeywell Vice President of Technology for Automation and Control Systems

"We are delighted to announce the opening of Honeywell's Global Aviation Centre for Europe, the Middle East and Africa (EMEA) in Prague. This is a major milestone, marking an expanded commitment to the Czech Republic and our EMEA customers. Prague was selected for its long-term affordability, growing industrial base and infrastructure, access to critical technical skills, and close proximity to Honeywell's EMEA business."

• Jaroslav Dolezal, National Executive for the Czech Republic, Honeywell

For more information, please visit aerospace.czechinvest.org. If you are interested to find out more about opportunities to invest in the aerospace industry in the Czech Republic, do not hesitate to contact us at fdi@czechinvest.org. You can also contact CzechInvest's foreign offices.