The Czech Republic is one of Europe’s top locations for ICT investments. Repeatedly recognised by various researchers, this fact is confirmed by the strong inflow of high-value-added projects of the world’s top ICT companies and is fuelled by the country’s tradition of excellence in technical fields. The list of successful investors in the country involves Microsoft, Skype, DHL, Tieto, Red Hat, SolarWinds and IBM.The Czech Republic is recognised for its long industrial tradition and it is absolutely no surprise that new technologies naturally grow in the established environment of recognised universities, institutions and research centres. Two of the world’s few antivirus-software providers, AVAST and AVG, grew out of this environment. Of all the countries where the Latin alphabet is used, the Czech Republic is the only one whose domestic web search provider, Seznam.cz, is challenging Google on the local market.
Sector Manager for ICT Czechinvest said about prospects for mutually advantageous development of relations at the first Russian-European conference Discover ICT: "I believe it is very justifiable. We monitor higher intrest from Russian companies to invest in the Czech Republic in the past years. There is a lot of potential at the public sector when it comes to sales. For Russian companies though might be way more tempting the idea to establish a subsidiary for development in the region, to have the Czech Republic as a gateway to the European markets. There is both geopolitical as well as economic environment suitable for such a projects."