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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.

EY: Every third Czech would happily switch to a competitor offering better online financial services. Are banks ready for the digital banking revolution?

11.12.2018, Company:

  • Banks aren’t innovative enough and are losing touch with clients
  • More than half of Czechs with a mortgage took it out somewhere other than their primary bank
  • A quarter of clients wouldn't hesitate to share more personal information with a financial services provider in exchange for better customized services

Tags: Finance |
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Literacy contest: What does happiness mean to you

5.12.2018, Company: International School of Brno

Thirty teenage students from Brno elementary schools, including the International School of Brno, took part in an essay-writing competition "What does happiness mean to you?". The winning essays are attached below.

Some quotes follow.

Tags: Awards & Achievements | Education |
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Dvořák Hager & Partners joins Eversheds Sutherland

4.12.2018, Company: Dvořák Hager & Partners, advokátní kancelář, s.r.o.

Law firm Dvořák Hager & Partners, with offices in the Czech Republic and Slovakia, is joining international law firm Eversheds Sutherland, one of the 40 largest global law firms. Eversheds Sutherland has more than 2,800 lawyers in 68 offices in 34 jurisdictions across Europe, the United States, Africa, Asia and the Middle East.

"Dvořák Hager & Partners and Eversheds Sutherland have been working together for several years and this step is a natural outcome of our successful collaboration," commented managing partner of Dvořák Hager & Partners Stanislav Dvořák. "It is great for us, our colleagues and clients that we will become part of a global professional firm. This combination will bring advantages primarily to our clients who will now have access to top quality legal support in Central and Eastern Europe and in global markets.”

Tags: Law | Economics | Business Development | Awards & Achievements | Movers & Shakers |
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Plzeňský Prazdroj has the Best Sustainability Report in the Czech Republic

3.12.2018, Company: Deloitte

Plzeňský Prazdroj is this year’s winner of Deloitte‘s Green Frog Award for the best sustainability report in the Czech Republic. The winner was selected by an independent jury from among ten competitors. Seeking to award the best non-financial reports produced by Czech businesses, the competition has been held for the eighteenth year.

Tags: CSR | Awards & Achievements |
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Legal Update - November 2018

29.11.2018, Company: Weinhold Legal, v.o.s. advokátní kancelář

Recent Case Law

Tags: Law |
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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.

USA Investment Guide: General Economic Data, Government Incentives and Key Contacts

30.08.2018, Amcham

The U.S. presents the challenge of an unfamiliar market and regulatory structure. This challenge can be met effectively by securing knowledge readily available. Every state has active investor councils to help foreign investors navigate incentives, regulation, and logistics. This guide is intended as a preliminary look at those issues and resources.

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 |

Loosening the Belt: Number of Overweight Czechs Significantly Rising

12.03.2018, Marketplace

Christmas is long behind us and we are already several weeks into the New Year. Weeks during which – according to statistics – the majority of us lose interest in or the will to keep their New Year’s resolutions, including probably the most frequent one – to lose weight and start exercising more. This is a pity considering that 71% of men and almost 57% of women in the Czech Republic are suffering from excessive weight or obesity: the highest percentages ever recorded. 

Tags: Health |

Weston Stacey: A lot of people in America have underestimated Trump

12.03.2018, Amcham

An article of E15 published on March 12 on steel and aluminum tarrifs (in Czech language).

Last Thursday, the Trump administration announced its plan to place tariffs on steel and aluminum imports. The tariffs are intended to raise the production in US steel and aluminum plants to 80%, which is considered the minimum output necessary for survival. If the tariffs take effect, the EU has declared it will place reciprocal tariffs on US products of similar export value. The issue underneath the tariff decision- global overcapacity- is real, but imposing global tariffs does not appear to help solve the problem. An internationally coordinated response using targeted tariffs or quotas might be the best way to keep the economic and geopolitical damage to the minimum.

 

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