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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 Supports Memory of Nations at 30 Years of Freedom Event

22.10.2019, Company: White & Case, s.r.o., advokátní kancelář

The meaning of freedom in the here and now, and the importance of protecting and nurturing it - highly topical issues that preoccupied the Prague office of international law firm White & Case when it invited its clients and co-workers to the Marble Hall of Palác Lucerna on Thursday, October 17th to celebrate 30 years of freedom. The firm used the occasion to support the project known as Paměť národa / The Memory of Nations, which has been recording the stories of direct witnesses of Nazism and Communism for posterity. 

Tags: Law |
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Clifford Chance advises ARX Equity Partners on acquisition of TES Vsetín

21.10.2019, Company: Clifford Chance Prague LLP, organizační složka

Clifford Chance advised ARX Equity Partners, a leading private equity firm, on the majority acquisition of TES Vsetín, an engineering company active primarily in manufacturing of system components relating to electrical machines. ARX acquired the business from an affiliate of Advent International. Financial details of the transaction were not disclosed.

Tags: Law |
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Weinhold Legal assisted Lagardére Travel Retail in successful travel essentials shops concession bid at Prague Airport

18.10.2019, Company: Weinhold Legal, v.o.s. advokátní kancelář

Weinhold Legal assisted Lagardére Travel Retail, a global operator of duty free shops, in its successful concession bid to operate travel essentials shops at Václav Havel airport. Travel essentials includes smaller products such as travel goods, tobacco products, newspapers and magazines, souvenirs, etc.
 
The Weinhold Legal team was led by partner Martin Lukáš in cooperation with managing attorney-at-law Jan Turek.
 
(For further information on the transaction here: E15.

 

Tags: Law | Retail |
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22nd Annual Global CEO Survey

18.10.2019, Company: PricewaterhouseCoopers Česká republika, s.r.o.

CEOs' curbed confidence spells caution: 22nd Annual Global CEO Survey

Last year, our survey revealed record-breaking CEO optimism. This year, chief executives tell a different story. Trade conflicts, political upset, and a projected slowdown in global economic growth have increased uncertainty and decreased confidence in revenue prospects. Explore the strategies organisations are using to navigate this new environment.

Tags: Finance | Business Development |
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CTP became the general partner of the Faculty of Civil Engineering at Brno University of Technology

17.10.2019, Company: CTP Invest, spol. s r.o.

The aim of the cooperation is to support students in technical fields.
In cooperation with the Faculty of Civil Engineering (FCE), CTP, which supports students in the long term, has decided to contribute CZK 200,000 to their further development every year.

 

Tags: Real Estate | Education |
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Braun: Judges ask for exact records of working hours, but usually it is nonsense

26.09.2019, Compete

COMMENTARY FROM ARTHUR BRAUN | The Court of Justice of the European Union recently published a decision in proceedings on a preliminary issue, stating that EU member states must require employers to record all employee working hours (C-55/18). This case involved a suit filed by a Spanish union organization in the banking industry, not exactly the traditional players in unions fighting against exploitation of the working classes. This decision did not receive wide publicity in the Czech Republic, but in Germany and elsewhere in Europe it did.

AmCham President Michal Chour outlines 2019 agenda

13.08.2019, Amcham

Michal Chour has been involved in AmCham's tourism advocacy for over a decade. He recognizes that this industry, like so many others, now needs to transition from a volume business to a value-added one. His goal as AmCham president is to help align interests so the sum for the country is greater than all the parts.

International Survey on retirement: Sleepwalking into retirement poverty?

8.03.2019, Marketplace

People in Europe, the USA and Australia could be sleepwalking into long-term saving and spending problems. The ING International Survey Savings 2019, the eighth in an annual series, confirms that 61% of people living in 13 European countries worry about having enough money in retirement. Responses are similar in the USA and Australia.

AmCham Leadership Case Studies: Revenue today vs. Revenue tomorrow

27.11.2018, Amcham

Success in the hotel business is governed by the RevPar rate: the amount of revenue the hotel generates per available room per month. To succeed, you need to fill as many of your rooms as possible at the maximum possible rate. The challenge is this: if you fill all of your rooms all of the time, the rooms begin to show signs of wear. And if you want to raise rates as much as possible, you have to have quality rooms with the latest technology and equipment. To keep the rooms fresh and modern, you have to refurbish them regularly. How do you maintain revenue and occupancy while still keeping your rooms and conference facilities above market standard? 

 

AmCham 2018 Thanksgiving Message: Delivered by Magdalena Soucek, EY, Past President and Board Member

24.11.2018, Compete

Thanksgiving is a time to gather with family, to share memories, and express gratitude to those who have helped us along the way.

Customers are looking for largest warehouses in Plzeň and Ústí regions

21.06.2018, Marketplace

CBRE, a global leader in commercial real estate services published its latest CBRE REAL DEMAND BAROMETER – a study monitoring demand for warehouses all over Czech Republic over past two years. It shows large differences between regions (kraje) – while in Karlovarský region was the typical (median) request for warehouses exceeding 13 thousand square meters, in Olomoucký region the median demanded warehouse floor space was only 600 square meters.

Tags: Business Development | Real Estate |
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