Global Trade Alert
Global Trade Alert

Czechia: Investment incentive granted to EV component manufacturer

Announcement

24 Jan 2024

In January 2024, the government of Czechia granted an investment incentive to Vitesco Technologies. 

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Jan 2024

Revocation date:

No revocation date

Updated: 24 Jan 2024
Tax or social insurance relief In force

On 24 January 2024, the Czech government approved an "investment incentive" worth CZK 528.6 million (USD 23.1 million) for Vitesco Technologies. The beneficiary company will build a new industrial ...

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