The landscape of the
Czech agriculture suffered important changes after the accession of the country in the European Union’s (EU) area. One of the main advantages available for local and foreign investors carrying operations in the
field of agriculture refers to the
grants and incentives available for this domain, under the EU policies. Foreign investors who want to
open a company in Czech Republic in the
agriculture domain should know that the state benefited from a generous sum of CZK 38 billion per year (during 2012-2014), which had positive effects on the local economy;
our team of Czech company incorporation representatives can offer assistance on this matter.
The characteristics of the Czech agriculture
Foreign businessmen who are interested in the Czech agriculture have several business opportunities. Under the investment support offered by the EU, the country was able to change the way agriculture is performed here, as the production benefited f-rom technological modernisation.
Agriculture in Czech Republic is performed at a large scale, but it is important to know that the field is not very diversified.
At the level of 2015, the Czech agriculture had a gross value added of 2,38%, accounting for CZK 95 billion. The results measured in the lasts years for the Czech agriculture are situating the domain above the EU average values, in terms of performance.
It is also important to know that the
Czech agriculture employed in 2015 a total number of 97,800 persons, a value which represents 2,5% of the
total workforce available in this country. At the same time, the salaries of the persons working in this field have been increased over the years.
Our team of Czech company formation representatives can present more details on how to
employ persons in a company related to the
agricultural field.
Financial aspects of the Czech agriculture
Persons who are interested to
set up a company in Czech Republic should know that the
employees in the
field of agriculture are represented by a lower share of young persons, who are included in the age category of 15-24 years old. A
large share of employees (41,5%) are represented by persons with an age above 50 years old.
An important aspect of the Czech agriculture is that the field is producing positive results from a financial point of view and, since 2011, the profit is usually set at CZK 17 billion.