Direct foreign investment up by 51 pct in Q1

Direct foreign investment in the Czech Republic reached 26.3 billion crowns in the first quarter of this year which represents an annual growth of 51 percent, according to data by the Ministry of Industry and Trade released on Friday. The bulk of investments came in the form of reinvested profits, the ministry said. Czech firms’ investments abroad amounted to nearly nine billion crowns in the first three months of 2012, which was 39 percent more than in the same period last year.

Author: Jan Richter