The IQ Ostrava business centre is situated in a class-A office tower in the heart of the city. The building is set in landscaped grounds and includes stylish workspace with large windows that let in plenty of natural light. The city is the third largest in the Czech Republic and is strategically placed near the Slovak and Polish borders, making it popular with any business trading in or with central and eastern Europe. Many international companies are already based here. The Moravian-Silesian region used to be known for its heavy industry, such as mining and steel, but is now a magnet for hi-tech, ICT, services, and engineering industries. The city is a hub for business incubation and helps firms link up with its four universities. The business centre is particularly well positioned for access to road and rail infrastructure and the international airport, which handles cargo and passenger freight.