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Czech Business & Trade 3/2018

Economic Magazine is Designed for Foreign Partners, Interested in cooperation with the Czech Republic

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CZECH BUSINESS AND TRADE<br />

Investments<br />

In 1993, the American company Honeywell<br />

opened laboratories in Prague,<br />

where it collects data and optimises<br />

processes in many branches of its activities.<br />

In 2003, it based its laboratories<br />

in Brno´s Technological Centre, where<br />

it innovates aviation and automobile<br />

industry products. It is the third largest<br />

centre within the concern, after the<br />

United States and India. In the <strong>Czech</strong><br />

Republic it operates two factories, in<br />

Olomouc and Brno. In 2016, Bell Helicopter<br />

opened a paint shop and a transfer<br />

centre for European clients. The firm<br />

makes parts and whole doors for Airbus,<br />

Boeing and Embraer aircraft, and operates<br />

a Research and Development Centre<br />

there. The American aircraft engine<br />

manufacturer, GE Aviation, is building<br />

a global centre in the <strong>Czech</strong> Republic for<br />

the development, testing and manufacture<br />

of Advanced Turboprop (ATP) turbojet<br />

engines. It will be fully operational<br />

by the end of 2022. This year´s test of<br />

the most advanced ATP turbojet engine<br />

is another step taken in the fulfilment<br />

of the investment contract signed with<br />

the <strong>Czech</strong> Government in 2016. Some<br />

500 new jobs will thus be created in the<br />

<strong>Czech</strong> Republic over the next five years.<br />

Last year, 170 workers were already taken<br />

on and 80 more will become employed<br />

this year. GE Aviation is planning<br />

to collaborate with <strong>Czech</strong> universities<br />

and domestic suppliers in development<br />

and production. The full capacity of the<br />

Centre will be more than 400 engines<br />

per year. ATP engines will also be used<br />

by the completely new Cessna Denali<br />

aircraft of the Textron Aviation firm.<br />

The main outlet for the engines will be<br />

North America. The first tests inside the<br />

test room were made at the end of 2017,<br />

and the actual testing on the plane will<br />

take place later this year.<br />

supplies some of its products to GE Aviation<br />

<strong>Czech</strong>, První brněnská strojírna, Aircraft<br />

Industries and Aero Vodochody.<br />

• CZECH SPACE ODYSSEY<br />

The space industry is another unique sector<br />

in the <strong>Czech</strong> Republic which can pride itself<br />

on top-standard projects. The CR is a member<br />

of the European Space Agency and six<br />

years ago Prague became the administrative<br />

centre for the Galileo satellite navigation<br />

system. During those six years, Galileo<br />

has taken not a step, but a leap forward to<br />

becoming fully operational. In collaboration<br />

with the European Space Agency (ESA),<br />

which is Galileo´s system architect, the construction<br />

of the cosmic segment for launching<br />

satellites sending out navigation signals<br />

is making good progress. In December<br />

2016, Galileo started initiation services with<br />

18 satellites. Full operation, however, will be<br />

in place no sooner than in 2020, when the<br />

full constellation of 27 satellites will be in<br />

orbit. Certification procedures authorising<br />

airports to use the EGNOS system for the<br />

approach phase of aircraft before landing<br />

have been taking place since 2012. Successful<br />

applications are being used in logistics,<br />

agriculture, environment monitoring and<br />

mapping, in addition to transport.<br />

The first <strong>Czech</strong> space incubator, ESA BIC<br />

Prague, established two years ago, is entitled<br />

to use ESA (European Space Agency)<br />

technologies and systems. This year, on the<br />

occasion of the 40th anniversary of the first<br />

space flight of the <strong>Czech</strong>oslovak astronaut<br />

Vladimír Remek, a branch of the space incubator<br />

was opened in Brno, South Moravia.<br />

“The region is a good site with a suitable environment,<br />

where space and aviation technologies<br />

are faring well and are one of the<br />

region´s priorities. New start-ups that will be<br />

included in the project will profit from the vicinity<br />

of research and scientific centres, specialised<br />

institutes of Brno universities, and<br />

will strike up collaboration with established<br />

firms and supranational corporations operating<br />

in the region,” says Jan Vitula, Vice-President<br />

of the South Moravia Region. Besides<br />

the 40th anniversary of the first space flight<br />

of a <strong>Czech</strong>oslovak – and at the same time<br />

the first non-American and non-Soviet astronaut,<br />

<strong>2018</strong> is the year of yet other important<br />

events in the epoch of “space conquest”<br />

with a <strong>Czech</strong> connection. In October <strong>2018</strong>,<br />

40 years will have passed since the launching<br />

of the first <strong>Czech</strong> satellite, Magion 1, and<br />

in November <strong>2018</strong> the <strong>Czech</strong> Republic will<br />

mark 10 years of its membership of the European<br />

Space Agency.<br />

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