Panattoni’s managing director, Pavel Sovička, says that his company is is in negotiations with four automotive suppliers who want to relocate their production units from Germany to the Czech Republic but want to stay close to the German border. He confirmed that Panattoni has already secured the land and is finalizing the planning.

Cheb is in the process of expanding its industrial zone. Land preparation for the second phase is expected to cost between CZK 50m and CZK 60m. The city is already considering a third phase. Each phase should add 1,000 new jobs to the local labor force, writes the server iHned. (source: