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Development Summary
Local Area
Why invest in Ostrava?
• More than 1.2 million people within the immediate vicinity • Developed infrastructure • Highly integrated municipal transportation system • Strategic location • High international ratings for fiscal responsibility- Standard and Poors – A • Low entry level costs for residential apartments- excellent prospects for growth Ostrava is the third largest town in the Czech Republic, at the crossroads of three countries. Within the perimeter of 100km there are 5 million people, making this one of the most densely populated areas within the EU. The workforce is highly educated and there are three universities with more than 30,000 students. Ernst and Young placed the Czech Republic amongst the ten most attractive countries for investors. Significant companies such as; Hyundai, Asus, Briggs and Stratton, Siemens, Bang & Olusen, ArcelorMittal and many others are based in Ostrava. The area is becoming one of the most dynamically developing regions in Central Europe.
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