Sweden and the Czech Republic share longstanding economic relations, and Swedish companies have established a strong presence in the country. In terms of trade volume, the Czech Republic ranks as Sweden’s 14th-largest source of imports and 21st-largest export destination.
Over the past year, the collaboration between Sweden and the Czech Republic has been further strengthened through increased trade and new initiatives in innovation and sustainable development. Positioned in the heart of Central Europe, the country offers a strong logistical advantage for accessing surrounding markets such as Germany, Austria, Poland, and Slovakia.
In 2024, most companies operating in the Czech Republic reported strong financial performance, with 79 per cent stating they were profitable. Around two-thirds (65 per cent) of surveyed companies in the Czech Republic anticipate a positive development in industry turnover over the next 12 months.
The Swedish brand continues to play an important role in supporting Swedish companies operating in the Czech Republic. According to the survey, 47 per cent of respondents state that the brand contributes either “partially” or “much” to their business.
According to the survey, 58 per cent of Swedish companies operating in the Czech Republic believe that their customers take environmental aspects into account either partially or to a large extent. However, a significant 40 per cent still report that environmental concerns are considered little or not at all. While there are pockets of progress and company-led initiatives in the Czech market, customer demand for environmentally friendly products and services is not yet a major driving force.
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ABOUT THE SURVEY
The first edition of the Business Climate Survey in the Czech Republic aims to assess how Swedish companies perceive the local business environment and where they see both potential and pressure points.
Data collection took place in February 2025. Business Sweden put together a list of 84 Swedish companies with a presence in the Czech Republic. Out of these, 43 companies provided responses, resulting in a response rate of 54 per cent.
We express our most sincere appreciation to all companies that contributed to the creation of this survey by sharing their valuable insights and experiences.
