Ostrava’s 2023 budget will include record income and expenditure topping 14 billion CZK
The City of Ostrava’s draft budget for 2023 will comprise 14.318 billion CZK in total, of which 34.3% will go to investment projects. The City’s capital budget for next year (including loan capital) will be the largest in Ostrava’s history, at 4.908 billion CZK.
New City grant programme will support the revitalization of empty buildings and the construction of new apartments
The City of Ostrava is launching a new grant programme to support private owners of real estate, with the aim of breathing new life into buildings that have been empty and unused for a long time while also expanding the available range of rental apartments in the city.
Two more companies have set up R&D labs in Ostrava
The Vitesco Technologies lab will create 30 new jobs, and the neighbouring Lumax Industries Limited R&D centre will create a further 20 jobs – helping to expand the range of options for science and technology graduates in Ostrava.