6.12.2019, Company: Eversheds Sutherland
In November 2019, the international law firm Eversheds Sutherland expanded its team by two senior lawyers, Radek Váňa and Michal Hrabovský. Both will significantly strengthen the international and local M&A team.Read more
5.12.2019, Company: ING Bank N.V., organizační složka
Growth in the Czech economy slowed to 2.5% in the third quarter, according to refined estimates. Household consumption is lower, but it's still the main growth driver. Fixed investments fell slightly. We expect the economy to grow around 2.5% this year, falling closer to 2% in 2020.Read more
29.11.2019, Company: Dentons Europe CS LLP, organizační složka
Dentons and Balcioglu Selcuk Akman Keki Avukatlık Ortaklığı (BASEAK) advised Czech-based hydroelectricity group ENERGO-PRO on securing €175 million financing for the development, construction and operation of the Alpaslan II dam and hydro power plant in Turkey. ENERGO-PRO operates hydropower plants in Central and Eastern Europe, the Black Sea and Caucasus. Its Alpaslan II project is located on the Murat river in Muş province, Turkey, and will have a licensed generation capacity of 280 MW.Read more
29.11.2019, Company: EY
Business leaders are continuing to reshape their company portfolios despite a challenging geopolitical environment, with 52% of global corporates planning to pursue acquisitions in the next year, according to the 21st EY Global Capital Confidence Barometer (CCB).Read more
28.11.2019, Company: University of New York in Prague, s.r.o.
The University of New York in Prague has a long history of supporting the healthy and active lifestyles of its students. The university is now pleased to announce that it will take its partnership with AC Sparta Praha to the next level by applying the UNYP name and brand to one of Prague’s largest and most modern multisport facilities. At the start of September, the multisport facility in Prague 9, Podvinny Mlyn (currently known as Arena Sparta) started a rebranding project which will see the main hall and all connected fields renamed UNYP Arena. The rebranded UNYP Arena will also become the official home of the UNYP Blazers floorball, football and basketball teams. All changes should be complete before the end of the year.Read more
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.
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.
People in Europe, the USA and Australia could be sleepwalking into long-term saving and spending problems. , 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.
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?
Thanksgiving is a time to gather with family, to share memories, and express gratitude to those who have helped us along the way.
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.