NewsAFI Business Environment Survey: Companies are willing to invest, they want to keep research and development in the Czech Republic

Three-quarters of companies plan to invest, most often in digitalisation and robotisation. Yet over 40 per cent of managers expect these changes to save them only a small percentage of their workforce. More than half of companies want to hire new employees. This is according to the current AFI Business Environment Survey conducted among Czech companies by the Association for Foreign Investment – AFI.

Digitisation leads the way to efficiency

More than half of the respondents (53 per cent) expect their company to evolve towards digitalisation and robotisation. Moving forward through the development of new products and processes is planned by 44 per cent of companies, and 36 per cent plan to invest in building improvements to reduce the energy intensity of operations. “We see a great willingness of companies to invest and continue to grow. Almost a quarter of companies have also declared their intention to implement AI tools. We are talking about investments to be directed to operations in the Czech Republic. Companies are interested in keeping development in our country, which is definitely good news for the Czech economy,” says Kamil Blažek, Chairman of AFI.

About a third of the companies surveyed also confirmed their interest in participating in Ukraine’s post-war reconstruction.

Read the whole presentation with raw data here (in Czech).
Read AFI’s press release here (in Czech).