Sunday, 1 February 2026
A new industrial zone is planned near Starý Sedlo in the Sokolov region, following the signing of a joint venture agreement between landowner SUAS GROUP and investment group Accolade Holding. The project is expected to cover 38.4 hectares and focus on the development of low-emission industrial halls. If permitting proceeds as planned, construction could begin in early 2027.
The project is intended to support the economic transformation of the Sokolov region, which has been affected by the decline of brown coal mining. According to the partners, the site is aimed at attracting companies from manufacturing, research and development, logistics and technology sectors, with the objective of diversifying the regional economy and creating skilled employment.
Under the joint venture, SUAS GROUP and Accolade will jointly prepare the site and seek tenants for the planned facilities. The first phase is expected to deliver approximately 170,000 sq m of gross leasable area.
Accolade has an established presence in the Karlovy Vary Region, having developed industrial zones in Cheb, Ostrov and Karlovy Vary. The group has also expressed interest in participating in the planned Strategic Business Zone in Cheb, although the city ultimately decided to continue preparations in cooperation with the state.
“The joint venture with SUAS GROUP allows us to move forward with the first project in this location, with a total rentable area of around 170,000 sq m,” said Milan Kratina, Executive Director of Accolade. “Our aim is to develop a modern industrial complex that contributes to the local and regional economy.”
David Chládek, Managing Director of SUAS Real Estate, said that the agreement enables the start of project design and permitting, alongside negotiations with potential tenants.
The area between Sokolov and Starý Sedlo could ultimately offer up to 170 hectares for industrial development. While the site was previously considered by the government for inclusion among strategic industrial locations, priority was eventually given to the Cheb industrial park, with Starý Sedlo remaining as a reserve option for future investors.
The land, currently used for agricultural purposes, is owned by Sokolovská uhelná and its affiliated company SUAS GROUP. The project was previously listed as a strategic initiative of the Karlovy Vary Region under the Fair Transformation programme, but SUAS GROUP later withdrew from the subsidy scheme, citing restrictive conditions.
The planned industrial zone, known as Staré Sedlo North, is located northeast of Sokolov near the E49 European road. Karlovy Vary lies approximately 20 km away, Cheb around 30 km, Plzeň about 80 km and Prague roughly 150 km. The proximity to the German border is also considered a logistical advantage.
