In 2012, flows of FDI into and out of the Czech Republic converged to reach the closest point ever, according to greenfield investment monitor fDi Markets. A total of 51 crossborder investments were recorded out of the country, representing a 21% increase from 2011, and the second best year on record after 2008, when 54 outward FDI projects were recorded. In contrast, inbound FDI declined in the year with 86 projects recorded, compared with the 2011 figure of 135.
Software and IT services was the most popular sector for outward FDI in 2012. Companies active in this sector include BellaDati, a cloud-based business analytics products provider, which opened three new offices abroad in Singapore, the US and South Korea in 2012, and print management solutions firm Y Soft, which also opened three new international offices in the year, in the United Arab Emirates, Singapore and the US.
The automotive OEM and automotive components sectors were the most popular sectors for inward FDI, with companies including Mann+Hummel, Volkswagen and Volvo all investing in the country in 2012.