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Wednesday 17th June

Central and Eastern Europe – Automotive Virtual Roundtable

Event Venue and Description – Webinar

The Central and Eastern Europe region is one that has a lot of potential for UK suppliers.

SMMT, Santander Corporate & Commercial and the Department for International Trade (DIT) have partnered to provide expert opinion on business development in the region with a focus on Czech Republic, Hungary, and Slovakia ​in an automotive virtual roundtable.

The roundtable builds on the webinar in February, and prepares for a potential mission in October.

Czech Republic
Automotive is the largest industry in the Czech Republic accounting for more than 9% of its GDP, with 1.44 million passenger cars produced in 2018 and 55 of the global top 100 tier 1 suppliers having at least one production facility in the country. 33% of all investments are in R&D, and the focus in the automotive industry is increasingly on e-mobility.

Hungary
There are approximately 700 automotive companies in Hungary, and around 500,000 passenger cars are produced, with 30% of the industrial output tied to the sector. E-mobility is a key focus, particularly on battery production capabilities.

Slovakia
Automotive has a 44% share of the country’s total industrial production and 40% of the total industrial exports. Slovakia is in the top 20 biggest car producers in the world with more than 1 million passenger cars produced per year. R&D centres and innovation networks are developed and steadily growing.

For further information and details of how to register, please follow the link provided.