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Czechia to open CzechBusiness agency Office in Lviv

The Czech government plans to step up support for Czech businesses operating in Ukraine, including by opening a representative office of the CzechBusiness agency in Lviv.

Czechia to open CzechBusiness agency Office in Lviv

Czech Minister of Industry and Trade Karel Havlíček announced plans to open a CzechBusiness agency office in Lviv, Ukraine, ahead of his visit to the country starting November 10. The agency office will provide Czech companies with direct ground-level contacts and complement the activities of Czech diplomatic missions. Havlíček emphasized that local representatives are crucial to understanding the business environment and facilitating partnerships and subsequent stages of cooperation.

The government has bolstered financial support mechanisms for Czech companies engaging in business with Ukraine. Two key programs under the Ukraine Investment Framework are available to help companies secure financing and insurance against risks. The Ukraine Recovery Guarantee, launched in September 2026 by the National Development Bank (NRB) in cooperation with Havlíček's ministry, offers a total volume of €125 million.

This guarantee covers 80% of the outstanding principal and eligible interest payments for loans to Ukrainian businesses financed by partner banks or the Czech Export Bank.

Additionally, the Export Guarantee and Insurance Corporation (EGAP) operates the Ukraine Fund, which has been expanded to CZK 1 billion. This fund provides export insurance, including coverage against non-payment, with the maximum insurance period extended to two years. Havlíček led a business delegation of around 50 companies on his upcoming visit, which includes meetings and talks with Ukrainian officials and politicians.

Written by urgent.news from Ukrinform - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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