Operational management of the Shell retail sites in Central and Eastern Europe was taken over by Petr Pražský on 1 February 2013. As General Manager Retail CEE he will be responsible for the operation, marketing, strategy and further development of a network of over 1,000 retail sites across the region. He has thus become the […]

The largest Czech-Slovak law firm, Havel, Holásek & Partners, has strengthened its team with a new Russian senior lawyer, Dilshod Porkert. Dilshod specialises in commercial law, acquisitions and divestitures, legal audits and due diligence, real estate law, intellectual property rights, and information technology. Prior to joining Havel, Holásek & Partner, Dilshod worked for the PPF/Home Credit […]

EMONEY GROUP, a company based in The Netherlands, took over activities of the Prague based company HAGUESS, with a portfolio related to city-cards projects in the Czech Republic including the Prague OPENCARD scheme. EMONEY GROUP is an international player in the field of digital ecosystems – multi-application solutions and operations among micropayments, transport systems, municipal […]

CzechInvest has received 41 new projects valued at CZK 19 billion since July 2012 From January to 11 July, 2012, CzechInvest received seven investment-incentives applications. In contrast with that figure, the agency received a total of 41 applications between 12 July and the end of last year. This figure represents an increase of five investment projects […]

German investors in the Czech Republic, brought together by their membership in the German-Czech Chamber of Industry and Commerce (DTIHK), have identified several challenges in the field of transport policy. The Netherlands-Czech Chamber of Commerce has joined this effort to create a position paper. In this paper a committee of experts, comprising representatives of the […]

Petr Kříž, partner in the Assurance services department of PwC Czech Republic, was today appointed Deputy President of the Federation of European Accountants (FEE) by its General Assembly. For the last six years he was Vice-president responsible for the area of financial reporting and he was Chairman of the Banks working party. “The position of […]

Josef Severa and David Kesl have been newly appointed as partners in Ernst & Young’s Corporate Advisory and Risk Management department in the Czech Republic. Corporate advisory has become one of the fastest growing departments in Ernst & Young’s Czech practice. Josef Severa is responsible for the strategic development of Ernst & Young’s advisory services […]

Despite the global downturn and the uncertainties created by the ongoing Eurozone crisis, Europe continued to attract foreign direct investment (FDI) in the first half of 2012, according to interim data in Ernst & Young’s mid-year European Attractiveness Survey. In the first half of 2012, foreign companies made more than 1,500 investment decisions in Europe, […]

The Senate has rejected the government’s tax bill. In order for it to come into effect, it has to be approved again by the Chamber of Deputies and signed by the President. To our knowledge, it is to be discussed at the session starting from 18 December. If approved, it may still be published in […]

Last year, car manufacturers around the world produced more than 90 thousand vehicles that have electric propulsion. Current PwC estimates show that world production of electric vehicles will increase to more than 950 thousand vehicles per year by 2016. At the present time, electrically powered cars represent barely 0,1 % of total automobile production. It […]