18 – 23 September 2017 | Germany (Hannover)
EMO Hannover is the world’s premier trade fair for the metalworking sector. It is the the top global trade fair of the sector and the most efficient marketing instrument in the branch, bringing together manufacturers and users from all countries. CzechInvest will be one of the participants in cooperation with the Czech Association of Engineering Technology (SST).
25 – 28 September 2017 | Canada (Toronto)
For more than 30 years, the CMTS audience from within Canada’s leading industries including automotive and aerospace have come together to source solutions and knowledge from the global leaders in machine tools and tooling, metalworking, and advanced manufacturing.
CzechInvest will seek for a new potential investment opportunities from Canada.
24 – 27 October 2017 | South Korea (Seoul)
Korea Machinery Fair 2017 is one of Asia’s largest engineering fairs focusing on manufacturing technology. During this year, the organizers put their emphasis on technologies that apply within the framework of the IIoT.
CzechInvest will be there to observe not only recent trends but also investment oportunities from Korean peninsula.
Czech Mechanical Engineering at a Glance
The Czech engineering sector is based on its long tradition and the extensive skills of its employees and is one of the main pillars of Czech industry. With over 6,700 related companies, the sector supplies complete portfolio of manufacturing machines, turbines, railway products, and other equipment.
Most of the production is exported mainly to markets within the European Union, making it one of the most competitive segments of the Czech economy.
The quality of the local mechanical engineering sector is evident from the fact that global leaders such as Siemens, Honeywell, Bombardier Transportation, Robert Bosch, Sandvik, Doosan, Rieter Group or Otis have established operations in the Czech Republic.
Almost 90% of the sector output is sold abroad
Most Industrialized Country within EU
Largest value added to GDP (%) to economic activity by sector
Around 85% of the production is exported
30% OF WAGE OF GERMANY
The average wage in the Czech Republic is 30% lower than that of Germany