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Economy - overview:
The Czech Republic is one of the most stable and prosperous of the post-Communist states of Central and Eastern Europe. Growth in 2000-07 was supported by exports to the EU, primarily to Germany, and a strong recovery of foreign and domestic investment. Domestic demand is playing an ever more important role in underpinning growth as the availability of credit cards and mortgages increases. The current account deficit has declined to around 3.3% of GDP as demand for automotive and other products from the Czech Republic remains strong in the European Union. Rising inflation from higher food and energy prices are a risk to balanced economic growth. Significant increases in social spending in the run-up to June 2006 elections prevented, the government from meeting its goal of reducing its budget deficit to 3% of GDP in 2007. Negotiations on pension and additional healthcare reforms are continuing without clear prospects for agreement and implementation. Intensified restructuring among large enterprises, improvements in the financial sector, and effective use of available EU funds should strengthen output growth. The pro-business Civic Democratic Party-led government approved reforms in 2007 designed to cut spending on some social welfare benefits and reform the tax system with the aim of eventually reducing the budget deficit to 2.3% of GDP by 2010. Parliamentary approval for any additional reforms could prove difficult, however, because of the parliament's even split. The government withdrew a 2010 target date for euro adoption and instead aims to meet the eurozone criteria around 2012. |
Trade Fairs,
Exhibitions, Conferences: |
Beauty Expo
International cosmetic and hair dresssing trade fair. Skin-care and decorative cosmetics for professionals and direct sale, skin treatment apparatus, nail design and art, pedicure.
Venue: Výstaviště Praha 7, Prague, Czech Republic
Brno Exhibition Center
The Brno Exhibition Center has been the center of international fairs in the Czech Republic and in Central Europe for more than 70 years.
The Brno Exhibition Center with its permanent and modern halls was built for the Exhibition of Contemporary Culture on the occasion of the 10th anniversary of the establishment of the Czechoslovak Republic. The Exhibition was staged from 26 May to the end of September 1928 on 30 000 sqm and attended by a record number of 2 700 000 visitors. The magnificent design of the exhibition center was an excellent work of the functionalist Czechoslovak architects of the twenties and until 1938 more than 50 exhibitions were held there at the prewar time. International fairs, however, did not take place before World War 2 in Brno.
For Habitat
Anual trade fair of housing, furniture, real estates, renovation and reconstruction; Kitchens and bathrooms from A to Z - 1st Specialized Exhibition; Gate of Crafts - 1st Year of Exhibition
Venue: Prague Letnany Exhibition Centre - PVA
Incheba Prague
Incheba Prague is one of the most important exhibition and fair organizers in the Czech Republic. It organizes its activities in this field at the Výstavište exhibition area in Prague - Holešovice. It organizes more than 50 fair events annually covering a total area of 320,000 m2.
Mobitex
International Fair of Living
The largest concentrated presentation of furniture, home textiles and accessories, children's commodities and fishing tackle in the Czech Republic.
Organiser: Veletrhy Brno
Venue: Brno Exhibition Centre
Prague Congress Centre
The Prague Congress Centre is one of the largest and best equipped European centres. It offers space for the widest variety of events, such as congresses, conferences, seminars, meetings, corporate presentations, press conferences, exhibitions, trade fairs, balls, banquets and buffets. The range of banqueting and exhibition spaces available, including provision of accompanying services, makes it one of the largest and most comprehensive providers of these services, even outside the Czech market. The Centre has at its disposal 20 halls and 50 meeting rooms, with a capacity from 12 to 2764 persons.
Prague Exhibition Centre Letnany (PVA)
Prague Exhibition Centre in Letnany was established in January 1998 as a result of a two-stage competition, held to find a partner to Prague City Council for the development of the building and operation of the new Prague exhibition area. PVA is a joint-stock company owned by Prague the capital of the Czech Republic, and ABF a.s. As commissioned by PVA a.s., ABF has implemented the preliminary stage of the scheme, the Provisional Exhibition Area PVA Letňany. The first successful event held there was the International Building Fair, FOR ARCH '98, in September 1998. The objective of the PVA is to establish suitable conditions for large and important fairs to be held in Prague.
STYL and KABO
International Fashion Fair and International Fair of Footwear and Leatherware
The leading fashion fairs in the Czech Republic and the biggest fashion fairs in Central and Eastern Europe. An important venue of product presentation and business for the firms operating in the textile, clothing and leather industries held twice in a year – always (in February = presentation of the collections prepared for the autumn and winter seasons - in August = presentation of the collections prepared for the spring and summer seasons). The accompanying programme: fashion shows, seminars, press conferences, designer contests.
Organiser: Veletrhy Brno
Venue: Brno Exhibition Centre
Wellness
Fair of active lifestyle, regeneration, relaxation and exercising; Private pools, spas, saunas, solariums, fitness and wellness.
Organiser: ABF, a.s.
Venue: Prague Letnany Exhibition Centre |
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