Why Invest in the Czech Republic

  • The outstanding technical level of Czech machine tools, the traditionally high level of workmanship and the reputation of companies such as TOS Kuřim, TOS Varnsdorf, TOSHULIN, Kovosvit MAS, TAJMAC-ZPS, ŽĎAS, Škoda Machine Tool and Šmeral Brno are enticing to all foreign investors and manufacturers interested in cooperation with the Czech Republic in this field.
  • Currently, approximately fifty companies are engaged in the production of machine tools and forming machines and components in the Czech Republic. Of these, forty (representing 90% of the total production of machine tools and forming machines) are members of the Association of Engineering Technology (SST, www.sst.cz).
  • this association is the only such entity from the new EU member countries to also be a member of the prestigious organization CECIMO (European Committee for Cooperation in the Machine-Tool Industry). The Czech Republic ranks seventh in Europe in terms of total machine tool production.
  • Roughly 90% of Czech machine-tool and forming-machine production consists of highly sophisticated cutting machines designed for the most discerning clients, mainly in the automotive and aerospace industries. The total annual value of machines produced was approximately EUR 657 million in 2008. Roughly 80% of production is exported around the world, mostly to Germany, Italy, France and other European countries, as well as to Russia, China and the United States.

R&D in the Machine Tools Industry

  • The RCMT (Research Centre for Manufacturing Technology) at the Mechanical Engineering faculty of the Czech Technical University in Prague (CTU) educates young professionals specialized in the research and development of machine tools. The main objectives, implemented projects and organization of the RCMT are described in detail at www.rcmt.cvut.cz. The RCMT's seven main research groups are New Concepts, Measurement and Diagnostics of Machine Tools, Machine-Tool Development, Servo-Drives, Laser Cutting Technology and Machining, Automation of Machine Tools, and Programming of CNC Machine Tools.
  • Number of other R&D centers exists at technical universities such as The Research Center of Forming Technologies, Research Center for Engineering Manufacturing Techniques and Technology in Pilsen West Bohemia University or Institute of Manufacturing Technology in Brno.

If you are interested to find out more about opportunities to invest in Hi-tech Engineering in the Czech Republic, do not hesitate to contact us at petr.pospisil@czechinvest.org. You can also contact CzechInvest's foreign offices. Our team will do its best to make you feel at home in the Czech Republic.