CzechInvest mediated CZK 33.7bn worthy of foreign investment in the Czech Republic in 2011, double the amount it managed in 2010. In all, the Czech foreign investment agency oversaw 233 investments, 24 more than in 2010, said Czech Industry Minister Martin Kuba. Cross border investments reached CZK 13.5bn, while local companies and foreign investors present in the country made up CZK 20.17bn of the total. Car production attracted the majority of the total investment volume, with roughly CZK 15.5bn pouring into the sector. The largest single investment came from Teva Czech Industries which injected CZK 2.15bn into its its Opava plant in order to boost output.
