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Doug WoodsChairman of AMT
President, Parlec International&
Malcolm MasonBusiness Development Director
AMT
Market Update BreakfastCentral/Eastern Europe
September 9, 2006
Erin Butler-MuellerCommercial AttachéU.S. Embassy Prague
U.S. Commercial Services – A Resourceto Help AMT Member Companies
Market Update BreakfastCentral/Eastern Europe
September 9, 2006
Czech RepublicCzech RepublicYour Gateway to EuropeYour Gateway to Europe
U.S. Commercial Service
Erin Butler-Mueller
Commercial Attache
Czech Republic StatisticsCzech Republic Statistics
2005
Population 10.24 mil
Labor Force 5.27 milUnemployment 9.1 % Inflation Rate 1.9 % Purchase Price Parity $18,100GDP growth 6 %Average Monthly ManufacturingWage $550
1 USD = 23.72 CZK
EconomyEconomy
Exports $ 78.37 billion in 2005 transport equipment 15.8 % machinery 12.5 % metallurgy-related products 13.3 % communication equipment 6.3 % Imports $ 76.59 billion in 2005
machinery and transport equipment 21.1 %raw materials and fuels 10.1 %chemicals 10.4 %
metallurgy products 7.7 %
Czech foreign trade - CZK 1.78 billion surplus in 2005The first-ever trade surplus since 1993 was achieved mainly due to the influence of foreign investors in
the automobile industry
An Industrial Economy
FDI to the Czech Republic more than doubled from $5.6 billion in 2004 to $11.4
billion in 2005.
GDP By Sector: Agriculture 3.4 %Industry 39.3 %Services 57.3 %
A Wired SocietyA Wired Society
Households with PC and Internet Access
in Central Europe by % of Population
Cell phones users Internet users
E-commerce (share of turnover sold via Internet)
E-government (availability as a % of the basic services)
Czech Republic 94.7 26.4 3.3 30Slovakia 68.1 25.3 1.1 15Hungary 68.6 16 0.8 15Estonia 66.2 33.4 1 63
Source: Eurostat, Czech Statistical Office
Language SkillsLanguage Skills
Multilingual Czech Speakers by % of Population
% Population
Age Groups
0
10
20
30
40
50
60
70
50-59 40-49 30-39 18-29
English French German
FDI Confidence Index 2005
1. China2. U.S.A.3. India4. U.K.5. Germany6. France7. Australia8. Hong Kong9. Italy10. Japan11. Russia12. Poland13. Spain 14. Czech Republic
15. Malaysia16. Canada17. Brazil18. Singapore19. Hungary20. Thailand21. South Korea22. Mexico23. Indonesia24. Netherlands25. Taiwan
Source: AT Kearney
Major U.S. InvestorsMajor U.S. Investors
The U.S. is the 5th largest investor in the Czech Republic with $3 billion invested.
Best prospects for U.S. companies
1. Automotive Parts & Equipmentlighting equipment, filters, bumpers, shock absorbers, electronic equipment parts, in-car entertainment, security equipment, car care products
2. Electronics SectorElectronic components, heavy current technology, computer technologies
3. Medical Equipment Sterilizing equipment, dental equipment, bone implants, infusion and transfusion sets, catheters, cobalt irradiators, computer processed visual systems, medicine infusion pumps, X-ray and mammography systems
Best prospects for U.S. companies
4. Electrical Power Systems· Equipment for the retrofit of coal plants, including boilers and
pumps; control systems and software services for distribution networks; equipment/services for nuclear reactors; renewable energy equipment; control systems, pipeline reconstruction, underground storage for natural gas
5. Telecommunications EquipmentElectronic components, network equipment, wireless equipment, data service equipment, voice service equipment, video conferencing equipment
6. Pollution Control EquipmentBiodegradable waste treatment, packaging & packaging waste recycling, waste water treatment technologies, brownfield remediation
U.S. Commercial ServiceU.S. Commercial Service
Our mission: To promote the export of goods & services from the
United States, particularly by small- and medium-sized businesses
To represent U.S. business interests internationally To help U.S. businesses find qualified international
partners
The U.S. Commercial Service in Prague is part of the
U.S. Department of Commerce, an agency of the United
States government.
Commercial Service Prague StaffCommercial Service Prague Staff
Greg O’Connor – Commercial Counselor
Erin Butler-Mueller – Commercial Attaché
Hana Obrusnikova - engineering services, construction, aerospace, defense
Zdenek Svoboda - industrial parts and services, auto parts, microelectronics
Luda Taylor- telecommunications equipment/services, e-commerce/e-government
Ivo Hofman - sport equipment, security equipment/services, IT
Veronika Novakova - environmental technologies, medical equipment
Irena Michlickova - consumer goods, film production, food processing
Contact us for more info:Contact us for more info:
Commercial Counselor: Mr. Greg O’Connor
Greg.O’[email protected]
Commercial Attaché: Ms. Erin Butler-Mueller
E-mail: [email protected]
www.buyusa.gov - Czech Republic
