Czech Republic Businessforecast Industry Forecast

The Czech Republic Business Forecast Report provides essential macroeconomic, political and financial analysis for companies doing business in the Czech Republic. The Czech Republic Business Forecast Report helps businesses with Czech market assessment, strategic planning and decision making to promote growth and profitability in the Czech Republic and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.

An influential new analysis of the Czech Republic's political, economic and financial prospects through end-2012, just published by award-winning forecasters, Business Monitor International.

 

 

 

Key Uses of the Czech Republic Business Forecast Report | The Czech Republic's Political Outlook | The Czech Republic's Economic Outlook | The Czech Republic's Business Environment | Key Czech Republic Industry Sectors | The Czech Republic BMI's Executive Summary | Our Europe Subscribers | Full Range of BMI's Business Forecast Reports

Key Uses for the Czech Republic Business Forecast Report

  • Forecast the pace and stability of the Czech Republic's economic and industry growth through end-2012
  • Identify and evaluate adverse political and economic trends in the Czech Republic, to facilitate risk mitigation strategies
  • Assess critical shortcomings of the Czech Republic's business environment that pose hidden barriers and costs to corporate profitability
  • Contextualise the Czech Republic's country risks against Europe regional peers using BMI's country comparative risk ratings system
  • Target business opportunities in the Czech Republic's high-growth industry sectors
  • Evaluate external threats to doing business in the Czech Republic, including currency volatility, the commodity price boom and protectionist policies

The Czech Republic Business Forecast Report by Business Monitor International includes four major sections: The Czech Republic's Political Outlook, The Czech Republic's Economic Outlook, The Czech Republic's Business Environment and The Czech Republic's Key Industry Sectors.

The Czech Republic's Political Outlook:

What are the political risks to doing business in the Czech Republic over the next 5 years?

BMI's Czech Republic Country Risk Ratings evaluate the short and medium-term threats posed by government instability, adverse economic policy-making, deterioration in the business environment and external shocks.

The Czech Republic Political Outlook Contents

  • SWOT Analysis for the Czech Market
    Political Strengths, Weaknesses, Opportunities and Threats facing the Czech Republic.
  • Political Stability and Risk Assessment for the Czech Republic
    BMI's Risk Ratings assess explicit short and long-term risks to political stability; latest ratings, rankings and trends for the Czech Republic's risk are compared with Europe regional and global averages.
  • Current Administration and Policy-making in the Czech Republic
    BMI profiles key policy-makers and power-brokers in the Czech government, assessing threats to the continuity of Czech economic policy, and likely changes to the business operating environment through end-2012.
  • Czech Foreign Policy
    BMI examines key trends and shifts in the Czech Republic's foreign relations and alignments with Europe neighbours, the United States and Europe, focusing on external influences.

Key Benefits

  1. Benchmark the Czech Republic's risk profile against its neighbours, the global and regional average, allowing easy comparison of risks between key business markets.
  2. Identify, evaluate and anticipate political and security risks to the business environment in the Czech Republic, and to your company's current operations and future plans.
  3. Gain valuable insights into the Czech government and policy-making, through BMI's specialist team of analysts and economists, and their exclusive network of private and public sector sources.

The Czech Republic's Economic Outlook:

How will Czech economic policy-making and performance impact corporate profitability over 2008-12?

BMI provides fully independent 5-year forecasts for the Czech Republic through end-2012 for more than 35 macroeconomic variables. We evaluate Czech growth, and also forecast the impact of economic management, including central bank policy, on profitability.

The Czech Republic Economic Outlook Contents

The Czech Republic Business Forecast Report features explicit BMI economic forecasts for the Czech Republic, with supporting commentary and analysis, for end-2008, 2009, 2010, 2011 and 2012 set against Czech government views. Underpinning our Czech Republic forecasts are key assumptions for the global economy through end-2012, covering growth, inflation, employment, trade and investment, interest and exchange rates in the US, Japan and the Euro-zone.

Coverage of Key Economic Issues in the Czech Republic

  • Economic Activity in the Czech Republic
    Real GDP growth; industrial growth; employment growth; inflation and consumer prices; consumption (indicative wages, retail sales, consumer confidence)
  • Fiscal Policy in the Czech Republic
    Current macroeconomic strategy and implementation policies; government finance (revenue, expenditure, budget balance); tax reforms
  • Monetary Policy in the Czech Republic
    Interest rate trends (bank lending and deposit rates); inflation (retail price inflation, consumer price inflation); exchange rate policy in the Czech Republic; Czech currency controls; influence of foreign direct investment inflows; exchange rates and foreign exchange reserves
  • Balance of Payments in the Czech Republic
    Merchandise trade (exports, imports, trade balance); current account balance
  • Foreign Direct Investment in the Czech Republic
    Foreign direct investment approvals and inflows; the foreign investment climate
  • Czech External Debt
    Debt profile (short- and long-term debt; public and private sector exposure)

Key Benefits

  1. Rely upon BMI's 100% independent Forecast Scenarios for the Czech Republic and underlying assumptions - we take no advertising and are privately-owned.
  2. Exploit the benefits of BMI's comprehensive and reliable macroeconomic the Czech Republic database, sourced and fully maintained by BMI from an extensive network of private sector, government and multilateral contacts.
  3. Gain key insights into the current and future direction of Czech government economic policy

The Czech Republic's Business Environment:

How internationally competitive is the Czech Republic's regulatory environment, and what changes can be expected?

BMI assesses levels of transparency, flexibility of labour market, tax burden, development of the banking sector and credit availability, infrastructure and IT, foreign investment regime and trade liberalisation in the Czech Republic.

The Czech Republic Business Environment Contents

  • The Czech Republic's Business Environment Risk Rating with SWOT Analysis
    Short and long-term business environment risk ratings for the Czech Republic, benchmarked against ratings for Europe and neighbouring countries.
  • Country Competitiveness for the Czech Republic
    Competitiveness of the Czech Republic's business operating environment in supporting corporate growth and profitability over the 5-year forecast horizon, compared with regional neighbours.

Coverage of Key Business Environment Issues in the Czech Republic's Domestic Environment

Transparency, cronyism and corruption; labour market flexibility; corporate tax burden; interest rate levels; access of private sector to lines of credit; sophistication of banking sector and stock market; levels of business confidence; infrastructure and IT

  • Foreign Direct Investment in the Czech Republic
    Analysis of foreign investment regime, foreign ownership laws; attractiveness of business environment to foreign investors; review of major foreign direct investments over the last 24 months, and of strategic sectors attracting most interest
  • Foreign Trade with the Czech Republic
    Analysis of trading environment, government trade policy, liberalisation measures, tariffs and membership of trade areas

The Czech Republic's Key Industry Sectors

Which industry sectors in the Czech Republic will grow fastest, and where are the major investment opportunities in the Czech market?

BMI targets investment opportunities in the Czech Republic's high growth industries, including automotives, food and drink, infrastructure, oil and gas, pharmaceuticals and healthcare, telecommunications and IT.

Coverage of the Czech Republic's Key Industry Sectors - Czech Market Overview

Size, value and structure of industry; impact of liberalisation and privatisation on sector performance and prospects; friendliness of business environment

  • Latest Developments in the Czech Republic
    Review of latest projects, deals, privatisations, mergers and acquisitions, and implications for sector performance; company rankings for national and multinational companies in the Czech Republic; main industry players by local sales, employee size, market share and main brands, products and services
  • 5-year Industry Forecast for the Czech Republic
    Historic dataset (2003-2007) and BMI forecasts through end-2012, covering headline industry data broken out by sub sector

Key Benefits

  1. Target strategic sector-by-sector opportunities in the Czech Republic's high growth industries, attracting public expenditure and foreign investment; identify key players and competitors driving growth, investment and business opportunities.
  2. Benefit from competitive intelligence on top national and multinational companies operating in the Czech Republic's major industry sectors, including analysis of recent trends in sales and market share, company strategies, product launches and latest deals.

Who buys the Europe Business Forecast Reports?

The Czech Republic Business Forecast Report is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in the Czech Republic.

Our Business Forecast Reports are relied upon by corporates, banks, government departments and multinational organisations around the world.

Business Monitor International's Business Forecast Report subscribers include:

Abbott International, Air Liquide, Akzo Nobel, Alcatel, Alpha Cement Group, Atlas Copco, BASF, British American Tobacco Company, Coca-Cola HBC, Colgate Palmolive Romania, Deloitte & Touche, Ericsson Telecommunications Bulgaria Ltd, Ernst & Young, Exxonmobil Ltd, Heineken Brewery, Hewlett- Packard Slovakia, S.r.o, Indesit Company, Microsoft Software, Novartis Pharma Services Inc, Omnitel, Opus Land Development SA, Provident Financial, Raiffeisen Bank, Robert Bosch Elektronika Kft., Siemens Srl, Xerox Ltd 

 

" The Key Economic Sectors in the Business Forecast Report is most beneficial in terms of value & usage as our organisation focuses on a sector based approach for market development. The Business Forecast Report offers deeper sector knowledge, which is very useful. "
Hellenic Lloyd's SA, Greece.

BMI's Executive Summary for the Czech Republic

[TOP]

Vaclav Klaus Likely Re-Elected President In 2008

Key issues for the Czech Republic in 2008 include the impact of slowing eurozone growth, which may reduce the demand for Czech exports in the medium term. In addition, restricted credit availability as a result of the ongoing fallout in the US subprime mortgage market, may hit consumer spending, with associated impacts on economic growth. Despite the potential risks, we believe that economic growth will still remain strong in 2008, largely on the back of robust consumer demand and continued high investment. Other important issues concern the presidential election in 2008, as well as negotiations over the location of the US radar base, which will likely dominate the political sphere. In addition, the Czech Republic is due to take over the EU presidency in 2009, which may raise government spending in 2008, as well as potentially diverting attention from further economic reform.

The Civic Democrat (ODS) party has nominated the current president, Vaclav Klaus, to re-elect in the next presidential election in 2008. Although the ODS holds the largest number of seats in the Chamber of Deputies, it will still require the cooperation of the greens (which remains uncertain) to ensure that President Klaus is re-elected. The re-nomination of Klaus as president comes amid growing tension among the government parties, which may weaken the coalition. Principal concerns include the stirrings within the minority Green party, which threaten to overshadow more pressing concerns of government unity, as well as the proposed US radar base, which may divide political leaders within the coalition.

The trade balance for October recorded a surplus of US$448mn, expanding significantly from the US$172mn surplus since the same period last year. This owes to the faster pace of growth for exports over imports in August, with the former experiencing growth of 32.6% y-o-y and the latter 30.2% y-o-y. The ongoing improvement in the trade balance owes largely to the strength of external demand which has seen the export sector flourish. The Czech Republic mainly exports to the EU, which accounts for 71% of the total. Herein lies a significant risk to the trade balance, since our forecast for slowing economic growth in the eurozone next year will likely hit demand for Czech exports.

Heightened inflationary pressures resulting from the surge in food prices following the summer drought are likely to largely subside by H108. However, structural factors such as the continued reduction in unemployment, will ensure that price pressures remain in play over the medium term. Indeed, according to data published by the Labour and Social Affairs Ministry, the unemployment rate fell to 6.3% in Q307, a reduction of 1.6pp since Q306. We forecast unemployment to reduce further to 6.1% by end-2008, from our end-2007 projection of 6.5%. The continued tightening of the labour market will see the unemployment rate likely reach 5.7% by 2011.

Read about our other Business Forecast Reports  

Asia

Australia, Bangladesh, China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Vietnam

Europe

Bosnia & Herzegovina, Bulgaria, Caucasus, Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Kazakhstan & Central Asia, Latvia, Lithuania, Macedonia, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine

Middle East

Bahrain, Iran, Iraq, Israel, Jordan, Lebanon & Syria, Kuwait, Oman & Yemen, Qatar, Saudi Arabia, UAE

Africa

Angola, Botswana, Cameroon, Cote d'Ivoire, Egypt, Ethiopia, Francophone West Africa, Ghana, Kenya, Mozambique, Namibia, Nigeria, North Africa, South Africa, Sudan, Tanzania, Uganda, Zambia, Zimbabwe

North & South America

Argentina, Brazil, Chile, Colombia, East Caribbean, Mexico, Peru, Trinidad & Tobago, Venezuela, West Caribbean

 

Business Monitor International

Business Monitor International
A Market Leader in Country Risk, Industry Intelligence and Company Research

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BUSINESS MONITOR INTERNATIONAL's country risk analysis and forecasts, market research on leading industries, and multinational company research is relied upon by corporates, banks, government departments and multilateral organisations in over 125 countries around the world.

Country Risk Analysis and Forecasts
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has for 25 years specialised in political risk analysis, financial markets analysis, and macroeconomic forecasts on 175 global markets.

Industry Intelligence and Market Research
BMI's industry research covers Automotives; Banking; Chemicals; Defence & Security; Food & Drink; Freight Transport; Information Technology; Infrastructure; Insurance; Mining; Oil & Gas; Petrochemicals; Pharmaceuticals & Healthcare; Power; Telecommunications, and Tourism.

Company Research
BMI maintains a fully-researched 55,000-site database of multinational company subsidiaries located across global markets.