Czech Republic benefits from its central position in Europe, with nearly 60 million people reachable. This includes 32 million residents in Germany and 6 million in Austria.
The manufacturing net labor costs in the Czech Republic are €18.5/hour, compared to €32/hour on average in the EU. For transportation and storage, the labor costs are €16.7/hour in the Czech Republic compared to on average €27.8/hour in the EU.
Among European regions, Prague (zjistit celou ČR) has the highest percentage (12.7%) of its workforce employed in high-tech sectors (EU average 5.1%).
In 2023, the GDP of the Czech Republic was 409 billion USD, which represents an increase of approximately 41% over the past 15 years. The expected GDP in 10 years is 493 billion USD since 2024, which represents an increase of approximately 20%.
At CTP, we embrace the uniqueness of every business and the need for flexible property solutions. Our leasing options provide the adaptability for scaling and relocation without the burdens of ownership.
Our parks are vibrant centres with a diverse community of over 1,000 companies. From innovative local startups to renowned global enterprises, spanning high-tech to e-commerce, the CTPark Network fosters a dynamic environment where success stories thrive.
Marko provides local and international grocery goods to the Czech market with its 10+ B2C wholesale locations across the country. As Pavla Majerova, Makro’s Head of Logistics Czech Republic and Slovakia, will tell you in this video, they needed a distribution centre that was both close to their customers and to highway networks.
Savera Components is a global provider of mechanical solutions for the lift industry. With pre-existing locations in Spain and India, the Czech Republic was a new and relatively unknown territory for Savera – but they did know about the region’s reputation, and they wanted to make a strategic move into the market.
Headquatered in Germany, this growing company works with high-tech solutions, from sensors to electric vehicles. Not only did they need space where they could have flexibility and unique customisations for their activities spanning from R&D to production — they also needed a specially skilled workforce.
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