1 High-tech Repair Center and Call Center Service and repairs of bar code scanners, portable computer equipment and communications systems for customers in Central and Western Europe Location: South Moravian Region Staff: 100 people initially 500 by 2008 Investment: 14 mil. USD Incentives: subsidy to business activity & training/retraining grants

“The government incentive program for new Technology Centers was key to Honeywell’s decision. We are very pleased with the support CzechInvest is providing.” Dan Sheflin, Vice President of Technology for Automation and Control Solutions, Honeywell, January 2003 NEW GLOBAL DESIGN CENTER IN BRNO AND EXPANSION OF EXISTING PRAGUE LABORATORY DEVELOPMENT OF COMFORT CONTROL PRODUCTS FOR BUILDINGS AND COMBUSTION ORIGINAL EQUIPMENT MANUFACTURERS INITIAL NUMBER OF 40 DESIGN ENGINEERS TO BE INCREASED SEVERAL TIMES OVER THE NEXT FIVE YEARS

INFRASTRUCTURE

MOTORWAY NETWORK IN THE CZECH REPUBLIC

Prague Rotterdam (NL) 875 EUR Broding (DK) 891 EUR Hamburg (D) 668 EUR Madrid (E) EUR Lisabon (P) EUR London (GB) EUR Source: E.S.T. a.s ČNB …1EUR = 31.4 CZK TRANSPORATION COSTS

MOST ADVANCED INFRASTRUCTURE In the Czech Republic there is sufficient connectivity provided by international carriers via world-wide fibre optic networks AT&T GTS UPC Ebone Telia UUNet e-Tel

     MAJOR INVESTORS – FINANCIAL SERVICES GECapital Citibank HypoVereinsBank Austria Creditanstaldt ING Bank    Société Générale ErsteBank KBC