AGP Executive Report
Last update: 3 hours agoSemiconductors: Onsemi and the Czech Industry Ministry have dropped a planned silicon-carbide expansion at the company’s Rožnov pod Radhoštěm plant, citing weaker electric-vehicle demand and changing market economics. The company is shifting investment toward power chips for AI data centres. Manufacturing: Czech industrial output growth reached a four-year high, though the trade surplus narrowed. Defence Industry: Czech arms makers are looking to space defence to sustain a boom in demand, while CSG plans to modernize seven ammunition manufacturing facilities in the United States. Rail: Czech entrepreneur Leoš Novotný’s Trainshop.com aims to connect operators with rolling stock and financing; he estimates Europe will need at least 3,000 passenger coaches and 300 locomotives by 2030. Energy: Czechia and Poland have joined the CESEC regional energy group, which is focused on cross-border connections, supply security and tackling high energy costs.
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