Page 20 - Port of Hamburg Magazine 03.2019

■ HAMBURG’S MARKETS
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20 | Port of Hamburg Magazine | September 2019
Central and Eastern Europe
Czechia, Slovakia
Port of Hamburg Representative Office: Prague
Representative: Vladimír Doboš
Assistants: Nikola Košvancová, Renata Cˇerná
the Czech economy and its potential for future devel- opment are the automotive industry, electrical engi- neering, electronic manufacturing and sophisticated engineering. The Czech automobile industry is one of the best developed in Central and Eastern Europe, accounting for more than 20 percent of both Czech manufacturing output and Czech exports.
In Central European markets, Hamburg finds itself in competition with other ports. Hamburg is relying here on a further expansion of rail services. The Czech Republic, for instance, has 11 multimodal ter- minals (Slovakian Republic: 9), daily train services and an annual rail throughput of 440,000 TEU.
For the Czech Republic, the Port of Hamburg is tra- ditionally the Gateway to the World, occupying top position among its European competitors. Thanks to its geographical location, quantity of liner sail- ings and hinterland infrastructure, the Port of Ham- burg handles more than half of all Czech foreign trade.
The Czech economy is in a growth phase. For both this year and next, a forecast by the Finance Ministry puts growth at 2.4 percent. Of most significance for
PRAGUE
Austria
Port of Hamburg Representative Office: Vienna
Representative: Alexander Till Assistant: Claudia Kohlros