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MSV
7.-11.10. 2019

International Engineering Fair

Fifteen Japanese companies are looking for a supplier at MSV

 

After ten years, a one day "inside-out trade fair", where producers exhibit components for which they are seeking a supplier, returned to the Czech Republic. The successful event marks the revival of interest of Japanese companies in the Czech market.

The unconventional shopping exhibition entitled "Japanese Component & Material Buyers' Exhibition" involves fifteen participating Japanese companies operating in different European countries, beside the Czech Republic also in Hungary, the UK, Germany, Romania, the Netherlands and Belgium. Planned meetings with them have been scheduled by representatives of 42 suppliers from six Central European countries, and thus a total of 126 business meetings took place in Hall E on Wednesday. "We are very proud of the result," said Tadashi Murakami, director of the Japanese JETRO government agency which organized the event in cooperation with CzechInvest and the Brno Exhibition Centre. He emphasized that the "inside-out trade fair" is held in the Czech Republic after more than a decade of silence, and interest in participation exceeded expectations. Exhibitors include not only companies from the automotive industry, but also manufacturers of rail vehicles and electronics. In the past, the Japanese "inside-out trade fair" was twice held in Prague and it was held in Brno for the first time. "The International Engineering Fair is a great place to do this, because many local producers are exhibiting here. Therefore I want to thank the organizers very much for the opportunity to hold our meeting here," said Tadashi Murakami.

JETRO organize this unusual fair at various locations around the world, especially in Asia. After 2004, in connection with the expansion of Japanese production to Central Europe it took place in our country and in 2014, thanks to the renewed interest of Japanese companies it also took place in Budapest and Bucharest. JETRO statistics show that 18 to 36 percent of the meetings at these events result in a successful business cooperation.

The CzechInvest agency helped with the selection of Czech participants in the exhibition, they also supported the event as part of increased care for investors from Japan. "We have organized such meetings in cooperation with JETRO in the past; then there were about 30 percent of the negotiations brought to the desired agreement on mutual cooperation, and subsequently, contracts worth more than 600 million were signed between Japanese and Czech companies," said the CEO of the CzechInvest agency Karel Kučera in Brno. He recalled that Japan is one of the largest investors in the Czech Republic. Since 1993, Japanese companies have implemented 124 investment projects worth over 118 billion in this country, which is a range comparable with Germany or Great Britain. "Cooperation with a Japanese manufacturer is also an important references for each vendor. This event marks the revival of interest of Japanese investors in the Czech market," says Karel Kučera. CEO of the Brno Exhibition Centre followed up on his words by saying that the " inside-out trade fair" is the gateway to the shopping department of Japanese companies, which are otherwise very difficult to penetrate, and he expressed the hope that this innovative exhibition will become a tradition at MSV.

 

The Ambassador of Japan in the Czech Republic Tetsuo Jamakawa came to support the event and highlighted the mutual benefit of cooperation between Czech and Japanese companies. "The Japanese industry is present very strongly in the Czech Republic compared with other countries. It is also due to the strategic location in the heart of Europe that makes the Czech Republic a base of Japanese industry in Europe. In total there are 96 Japanese manufacturing companies, which is comparable to the Japanese presence in the much larger UK market," said Ambassador Jamakawa. Czech companies cooperating with the Japanese ones in his words receive the benefit in the form of access to the Japanese know-how, while Japanese manufacturers appreciate the quality of the Czech workforce and beside factories they are also placing development centres here.

Date: 16 Sep 2015 16:14:00

Concurrently with

Transport and Logistics
7.-11.10. 2019


ENVITECH
7.-11.10. 2019

 

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