- Economy is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on!

KOH-I-NOOR HARDTMUTH to move production from China back to Czech Republic

The company KOH-I-NOOR HARDTMUTH leaves a production plant in Nanjing, China after 11 years and returns to the Czech Republic. The measure is caused by growing wage costs in China, difficult logistic and European laws. According to Vlastislav Bøíza, the chairman of the board of directors of KOH-I-NOOR holding, the sales company securing the distribution for Asian markets remains in China.