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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 World Entrepreneur Of The Year™ 2019

11.06.2019, Company: EY

Brad Keywell startupist and philanthropist from the United States named EY World Entrepreneur Of The Year™ 2019.

Brad Keywell, CEO of US-based Uptake Technologies, Inc., was named EY World Entrepreneur Of The Year™ 2019 at an award ceremony held in Monaco’s Salle des Etoiles. Brad was selected from among 761 program participants that included the 57 country winners from 47 countries and territories vying for the title in Monaco. In the program’s 19-year history, Brad becomes the third EY World Entrepreneur Of The Year Award winner from the United States. He follows former US world title winners Hamdi Ulukaya of Chobani, Inc., who won the award in 2013, and Wayne Huizenga of Huizenga Holdings, Inc., in 2005.

Tags: Awards & Achievements | Movers & Shakers |
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Clifford Chance advises J&T REAL ESTATE CZ on the sale of Rustonka in Prague

10.06.2019, Company: Clifford Chance Prague LLP, organizační složka

Clifford Chance advised J&T REAL ESTATE CZ in connection with one of the largest real estate transactions of this year so far – the sale of the office center Rustonka in Prague's Karlín district. The new owners are an investment trust fund established by Hana Alternative Asset Management and White Star Real Estate.

Tags: Law | Economics | Real Estate |
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Augustine Decade Celebration

7.06.2019, Company: Augustine, a Luxury Colletion Hotel, Prague

It has been 10 years since Augustine, a Luxury Collection Hotel, Prague open their doors. In the occasion of this exceptional event the Augustine hotel is launching the one and only Champagne Bar by Perrier-Jouët in Prague.

Tags: Awards & Achievements | Tourism |
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Deloitte has settled in the modern Churchill building

6.06.2019, Company: Deloitte

Deloitte has officially changed its address. It has recently moved its Prague branch to new offices in project Churchill. The address of the new registered office is Italská 67, Prague 2. The seven-storey office complex was built by Penta Real Estate and it is located between the Main Station and the University of Economics. Deloitte has taken over more than 12,000 m2 in the Churchill I building, i.e. 80% of the total area. The offices have approximately 2,300 workstations.

Tags: Finance |
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JLL is expanding its services in the commercial property leasing sector. Tereza Bílá joins the company and will be responsible for consulting in the area of flexible spaces.

4.06.2019, Company: JLL (Jones Lang LaSalle)

Tereza Bílá joined the JLL Landlord & Brokerage team as a Flexspace Consultant on June 1st. The leading real estate consulting company thus responds to the strengthening trend of flexible offices along with the entry of new centers on the Czech market and introduces a unique consulting service in this sector in the Czech Republic.

Tags: Real Estate | Movers & Shakers |
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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 |

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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