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Economy

Economy in brief:
  • The Czech lands have been one of the most industrially developed regions since the Austrian Empire era
  • The area of the Ore mountains (old mining towns) on the UNESCO Heritage site
  • Current global co-leaders in: nanotechnologies, laser technology and optics, automotive, aerospace (light sport aircrafts), engineering (CNC machines, turbines), glass and crystal design, IT (game industry, cryptoindustry)
  • Czechia is popular to locate here the regional headquarters of multinational groups & regional co-leader for shared services centres
  • Inventions of the Czech origin:
    • polarography, blood groups, contact lenses, nanofibers, arc lamp, Kaplan’s turbine, snap, softgel capsules, sugar cube, bitcoin ecosystem (the first mining pool in the world, the first café that accepts crypto only)
    • robots (in fact, brothers Josef and Karel Čapek invented the word “robot”)
    • Krteček (The Little Mole)

 

Interested in the Czech economy & industry?