Professor Eric Abhyankar
Organized by the Economic Division of the Taipei Economic and Cultural Office in Prague, a seminar was held in Prague for Taiwanese businesses in the Czech Republic. The event aimed to help Taiwanese enterprises obtain a clearer picture of the business outlook in Central and Eastern Europe in light of the global financial crisis.
Professor Eric Abhyankar of the University of Northern Virginia in Prague was invited to deliver a speech on the topic, which was followed by Q&A session joined by representatives from Taiwanese companies, such as AUO, Chicony, Illonux, Tatung, Wistron, and Vivatek.
Mr. and Mrs. Tomic of Kazano International, who had lived and worked in Taiwan for four years, now are running an investment and trade consulting company. They were also invited to give a presentation on the investment environment of the Republic of Serbia.
The seminar helped the participants understand the current financial sector in the Czech Republic and other Central and Eastern European countries. It also opened their eyes to potential investment opportunities in emerging markets, such as Serbia.
Taiwanese investments in the Czech Republic have been steadily increasing since 1995. As of today Taiwanese companies were present in the Czech Republic. The total investment over the years has amounted to US$355 million, creating 13,000 jobs. Most of the investments have been concentrated in the ICT industry and its peripheral industries.
Source: Taiwan Embassy
