DealWatch has published the results of its analytical survey on mergers and acquisitions in Central and Eastern Europe for the year 2011. Based on the results, in comparison with the year 2010, there was a total increase in the number of transactions by almost 12%. Havel, Holásek & Partners advised on the majority of mergers […]
Dear runners, We would like to thank you for your support at Prague Hervis ½ Marathon, Volkswagen Marathon and ½ Marathon in Olomouc. We really appreciate that you have chosen The Salvation Army. There were altogether 100 runners supporting The Salvation Army participating in all runs, which is amazing! And we hope that this […]
KPMG No. 1 in mergers & acquisitions According to the current index by Mergemarket, an independent mergers and acquisitions (M&A) intelligence service, KPMG in the Czech Republic is the No. 1 financial advisor in M&A for 2011 in the Czech Republic. It became a leader both in the number of transactions and in their volume, […]
There is a worrying increase in the number of managers willing to pay a bribe in order to win business The Czech Republic comes third in Europe as far as tolerating bribes is concerned Czech managers underestimate the risks linked with fraud and corruption during acquisitions Rewarding whistleblowers is no longer taboo – two thirds […]
The last amendment to the Act on Public Procurement in greatly expands the number of contracts to which the regulation will apply. The amendment reduces the limit for small-scale contracts for goods and services from CZK 2 to 1 million and for contracts for construction work in two stages, first by the end of the […]
The Government has approved the additional economic measures which should keep the deficit of the state budget in the next three years under three percent of gross domestic product. The revenue side of the budget should be supported by the following changes according to the ideas of the Cabinet: from 2013 Introduction of the […]
On April 26, 2012 Mitas, a specialist Czech manufacturer of off-road tires (agricultural, industrial, motorcycle), opened its newest radial farm tire factory in Charles City, the city which coined the word “tractor.” Iowa Governor Terry Branstad, Charles City Mayor James Erb and Mitas representatives Tomas Nemec and Oldrich Slemr cut the ribbon to start serial […]
As the importance of Japanese business in the Czech Republic has been growing continuously, PwC has decided to strengthen its Japanese Business Practice in the country by appointing Toshiyuki Yamasaki, Senior Manager. Prior to joining PwC Czech Republic, Toshi worked for PwC Japan, USA and Poland. Toshi is a core member of PwC Japanese […]
Ecological driving increases safety behind the steering wheel More than a year ago, Business Lease introduced their Blue Care product, which aims to contribute to the reduction of the impact of driving on the environment. An integral part of this product is the training of vehicle fleet drivers, whose driving style directly influences the production […]
The Czech government is currently preparing a new austerity package of budgetary savings and tax increases. While the proposal has yet to be discussed by the government, it is likely that many of the measures will be adopted in an altered form. Key proposed changes are: · An increase in the personal income tax […]
