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CEO of Czechinvest Becomes Deputy Prime Minister of Czech Republic

06 August 2004

Martin Jahn, x-director of CzechInvest, has been appointed Deputy Prime Minster for the Czech Republic.

Czech Invest exhibited at JEC this year and encouraged composite manufacturing companies to setup operations in the Czech region.

As Deputy Prime Minister for economic affairs, Martin Jahn will be in charge of increasing the competitiveness of the Czech economy, primarily by improving the business environment. He thus builds on the results of his previous work at CzechInvest, which has been actively contributing to improving the investment and business climate in the Czech Republic for several years.

“My objective is to facilitate the registration of new firms in the Czech Republic, and to simplify our economic legislation in general. I aim to involve businesspeople themselves into the process of law-making, so that new regulations will cater to the needs of potential investors and entrepreneurs,"" says the new Deputy Prime Minister Martin Jahn: ""Among my other priorities are the development of human resources, applied research and development and other areas that contribute to a faster economic growth of the Czech Republic. I am convinced that the Czech Republic has the potential to become Europe's technology and knowledge centre within ten years.""

The new Deputy Prime Minister Martin Jahn will also be in charge of enforcing the Czech Republic@s economic interests abroad, especially as EU matters are concerned.

The leadership of CzechInvest passes from Martin Jahn to Radomil Novák, previously Deputy CEO for the operational management of CzechInvest. His goals are to continue the agency’s current activities and to further improve the services it provides to both foreign investors and domestic entrepreneurs.





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