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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.

Law firm Taylor Wessing names two new partners

18.07.2019, Company: TaylorWessing e|n|w|c advokáti v.o.s.

Taylor Wessing Czech Republic has named two new partners, Janka Brezániová and Ivana Meňhartová. The law firm will thus significantly strengthen its team synergies. Brezániová, after almost a year as a senior associate and having achieved excellent results throughout the year, will continue to focus primarily on providing legal advice in the areas of M&A, corporate and labour law, including the protection of personal data, in which she has considerable experience. Meňhartová, after two years as a senior associate, will continue to focus on clients in the field of Banking & Finance, whom she advises on both local and international transactions. In addition, she will continue to provide legal advice to clients in the Real Estate area, a sector in which she also has considerable experience.

Tags: Law | Movers & Shakers |
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Dentons advises on acquisition of Main Point Pankrác office building

18.07.2019, Company: Dentons Europe CS LLP, organizační složka

Dentons Prague office advised South Korean investment company, Hana Financial Investment represented by Mint Investments Group on their acquisition of Main Point Pankrac office building from Aceur Investment S.A.

Tags: Law |
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Global IPO market shows continued signs of slowdown in Q2 2019

18.07.2019, Company: EY

  • Global IPO activity continues to slow despite unicorns coming to market
  • Technology, health care and industrials were the most active sectors in H1 2019
  • Mega IPOs and robust IPO pipelines across all regions will bolster future activity

Praha, 9 July 2019The trend of unicorn IPOs coming to market and pushing their proceeds to historic levels continued in Q2 2019 despite ongoing geopolitical uncertainty and trade tensions, resulting in 507 IPOs in H1 2019, raising total proceeds of US$71.9b. While deal numbers were down 28% from H1 2018, first-day returns on the main markets were up 15.4% on average and post-IPO performance increased 28.4%. Technology, health care and industrials saw the largest share of IPOs in H1 2019, together accounting for 266 IPOs (52% of global IPOs by deal numbers) and raising US$47.8b altogether (66% of global proceeds). By proceeds, technology was the strongest sector with US$29.3b raised (41% of global proceeds). These and other findings were published today in the EY quarterly report, Global IPO trends: Q2 2019.

Tags: Economics | Finance | Business Development |
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Eversheds Sutherland attorneys advised Polish fund EQUES Fotovoltaica in the sale of five solar parks to a Czech investor

16.07.2019, Company: Eversheds Sutherland Dvořák Hager, advokátní kancelář, s.r.o.

Eversheds Sutherland provided legal advice to Polish fund EQUES Fotovoltaika in the sale of five local solar parks to Czech investment group Jufa. The firm's assistance consisted in the negotiation of contractual documentation, advisory in the termination of existing financing and transaction closing.

Tags: Law |
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Up Česká republika and Up Foundation support the Rosa, Dejme dětem šanci and Cesta domů organisations.

16.07.2019, Company: Up Česká republika s.r.o.

Almost CZK 400,000 will help victims of domestic violence, children from children’s homes and terminally ill people

 

Tags: Finance | CSR | Human Resources |
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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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