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News

Doing business

Articles, interviews, research & studies, press releases from and about AmCham member companies related to the Czech business environment.

Managing business

Articles sharing best practices and knowledge of managing a business. Shared expertise and experiences of our community are available in this section to raise the standards of operational excellence.

White & Case Advises Deutsche Lufthansa AG on €2.1 Billion Capital Increase with Subscription Rights

18.10.2021, Company: White & Case, s.r.o., advokátní kancelář

Global law firm White & Case LLP has advised Deutsche Lufthansa AG on its capital increase with subscription rights, with the gross proceeds of the capital increase amounting to €2.1 billion.

Tags: Law | Finance |
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EGC upholds significant fine on Altice for early implementation of transaction, EC and competition office remain vigilant on investigations of gun-jumping

15.10.2021, Company: Dentons Europe CS LLP, organizační složka

In April 2018, the European Commission imposed a fine of €124.5 million on French multinational telecommunications and mass media company Altice, for implementing its acquisition of PT Portugal before the Commission had approved the transaction and before the acquisition had even been notified to the Commission in some respects. In its judgment in Altice Europe v Commission, issued on September 22, 2021 (Case T-425/18), the European General Court (EGC), as the first instance EU court, dismissed Altice’s appeal against the Commission’s decision in its entirety, although it did reduce the original fine by €6.2 million, to €118.6 million, given that Altice had eventually notified the transaction.

Tags: Law |
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Jan Stejskal promoted to International Partner at White & Case

15.10.2021, Company: White & Case, s.r.o., advokátní kancelář

The Prague office of the international law firm White & Case strengthens its team of international partners.

As of January 2022, Jan Stejskal, an expert in private equity transactions and cross-border mergers and acquisitions, will strengthen the team of nine international partners at White & Case’s Prague office.

Tags: Law | Movers & Shakers |
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Inflation is still not easing – rather the opposite

14.10.2021, Company: Komerční banka, a.s.

Inflation in September again surprised with higher-than-expected growth. The main driver is housing costs, including the incipient rise in energy prices. Year-on-year core inflation rose to 6%. There is no doubt that the CNB will continue to raise interest rates.

Tags: Economics | Finance |
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Double joy for our pro bono team in the Czech Republic

14.10.2021, Company: TaylorWessing e|n|w|c advokáti v.o.s.

Together with the Pro Bono Alliance, we brought the story of a client who had got into trouble to a happy ending. We solved this case and, through their help, brought double joy to others! The client received compensation for non-material damage caused by an accident at work, and the amount to cover the court costs in agreement with the client was donated to Dejme dětem šanci. This non-profit organisation helps young people in children's homes.

 

Tags: Law |
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Recent estimates of the economic impact of Covid

30.09.2021, Compete

Estimates from some of the leading international forecasting institutions.

Release of measures in the Czech Republic

9.06.2021, Marketplace

The government has announced new anti-epidemic measures that represent the next step of release of measures.

Most of the measures took effect almost immediately from 8 June 2021.

Tags: Health | Human Resources | Law |

Limitation of programme Antivirus - Czech Republic

3.06.2021, Marketplace

For paid wage compensation for month of June will be possible to draw only the contribution according to mode A of the Antivirus program. Other Modes were not extended, and contributions according to them can only be provided for paid wage compensation for month of May. The Government has only extended the validity of Mode A with modifications until 30 June 2021.

Tags: Human Resources | Law |

Coronavirus – a practical guide (not only) for employers in the Czech Republic

2.06.2021, Marketplace

We are still continually updating our practical guide in response to the gradual publication of official information by public authorities. So we bring all the information (not only for employers in the Czech Republic) in one place. Latest update: 31 May 2021.

Tags: Human Resources | Law |

Update on mandatory employee testing in the Czech Republic

27.05.2021, Marketplace

From 24 May 2021, new conditions came into force regulating exceptions from the mandatory testing of all employees in companies, which was gradually introduced in the Czech Republic during March 2021.

Tags: Health | Human Resources | Law |

Become a mentor of the DoToho! mentoring platform

10.05.2021, Marketplace

Business is our life, and we love it. The past year has tried to bring us down in many ways. However, each crisis is an opportunity to improve and grow. There is no time to wait for intervention from the outside. We need to pull together and help out each other. Work on ourselves and offer our experience to others. 

Tags: Education | Movers & Shakers | Business Development | Economics |
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