Business in the Czech Republic

EENI- School of International Business

Subject (Course) - Foreign Trade and Business in the Czech Republic - Prague, Brno.

  1. Introduction to the Czech Republic (the European Union)
  2. Doing Business in Prague and Brno
  3. The Czech Economy
  4. The Czech Foreign Trade
  5. Foreign direct investment (FDI) in the Czech Republic
  6. Case Study: Skoda (automotive)
  7. Access to the Czech Market
  8. Business Plan for the Czech Republic

Objectives of the subject “Doing Business in the Czech Republic”:

  1. To analyse the Czech economy and Czech Foreign Trade
  2. To evaluate business opportunities in the Czech Market
  3. To analyse the trade relations of the Czech Republic with the student's country
  4. To know the Free trade agreements (FTA) of the Czech Republic as a member of the European Union
  5. To develop a business plan for the Czech Market
Subject “Foreign Trade and Business in the Czech Republic” is studied...
  1. Doctorate (e-learning): Europe
  2. Professional Masters: European Union, International Business (EaD)

Recommendations for Czech Students

Course learning materials in English + Spanish República Checa.shtml French Rep. Tcheque Portuguese Czech Republic

  1. Credits of the subject “Doing Business in the Czech Republic”: 1 ECTS
  2. Duration: one week

Subject Description - Foreign Trade and Business in the Czech Republic

The Czech Republic (Europe)

  1. Population: 10.52 millions of people
  2. Borders: Germany, Austria, Slovakia and Poland
  3. Capital: Prague
  4. Official Language: Czech
  5. Area: 78,867 square kilometres
  6. Government: Parliamentary representative democracy
  7. In 1993, the former State of Czechoslovakia was divided into two new countries, the Czech Republic and Slovakia.
  8. Religion: Catholicism (Christianity).
  9. The Czech Republic belongs to the Western Christian Civilisation (European Economic Area)

The Czech Economy

  1. The Czech Republic is a highly developed economy
  2. Currency: Czech koruna
  3. The Czech Republic has significant mineral resources: coal, mercury, iron and zinc.
  4. Main industries are machinery, metallurgy, chemical industry, automotive industry, glass and energy production.
  5. The Czech Republic ranks 31st in the competitiveness ranking of the World Economic Forum.
  6. The Czech Republic is a member of the European Union since May 2004.
  7. The Czech Republic produces world class beer (Pilsner).

The Czech Foreign Trade

  1. The Czech Republic is highly exporting economy.
  2. Exports from the Czech Republic are mainly oriented towards the European Union (86.3%). Czech manufacturers export primarily to Germany (37%).
  3. The Czech Republic exports 2.1% to other transition economies in Europe.
  4. 71.4% of Czech imports come from European Union (EU) countries.
  5. Most of the imports come from Germany (32.6%).
  6. The main trading partners are Germany, Slovakia, the Russian Federation, Italy, Austria and Poland.
  7. As a member of the European Union, the Czech Republic benefits from the Free trade agreements of the EU: Chile, Mexico, South Korea, the MERCOSUR, Colombia, Morocco etc.

International economic relations of the Czech Republic

  1. International Chamber of Commerce
  2. Organisation for Economic Cooperation and Development (OECD)
  3. Central European Initiative (CEI)
  4. World Trade Organisation
  5. United Nations
  6. World Bank
  7. International Monetary Fund (IMF)
  8. Council of the Baltic Sea States
  9. European Investment Bank (EIB)
  10. European Bank for Reconstruction and Development
  11. Organisation for Security and Cooperation in Europe (OSCE)
  12. Asia-Europe Economic Meeting (ASEM)
  13. Regional Cooperation Council
  14. International Bank for Reconstruction and Development
  15. Group of States of the Council of Europe Convention against Corruption (GRECO)
  16. Economic Commission for Europe (UNECE)

Examples of the subject - Foreign Trade and Business in the Czech Republic:
Central European Initiative (CEI)

European Union-Jordan Association Agreement

Regional Cooperation Council

European Union-Moldova Association Agreement



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