Czechtrade/Czech Trade Promotion Agency

Czechtrade/Czech Trade Promotion Agency

  • 25 Adelaide St E Ste 1719
  • Toronto, Ontario
  • M5C 3A1

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Description

ranks among the key industries of the Czech economy; vehicles and components accounted for 20 percent of all Czech exports in 2008. There is no single major car manufacturer in Europe who does not utilise parts made in the Czech Republic. This success was achieved mainly as a result of the massive modernization of the automotive cluster after the Volkswagen entry into Skoda Auto plant in the early 1990s. The abundance of trained labour force and highly competitive sub-suppliers attracted two other major OEMs.

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