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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.

Changes to the antivirus program and other measures to support employment in the Czech Republic

3.07.2020, Company: Clifford Chance Prague LLP, organizační složka

As an employer, you have certainly faced and probably still are facing many challenges due to the coronavirus spread. Unlike other European countries that have endeavoured to relax their legislation on redundancies, the Czech Republic is among those countries whose government has been calling on the employers to maintain jobs and has been taking measures to support the economy (e.g., no-interest loans to businesses, tax suspension, compensation provided to employers for compensatory wages paid by them, etc.).

Tags: Law |
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Weinhold Legal assists Chropyňska strojírna with its acquisition of HLS Czech s.r.o.

1.07.2020, Company: Weinhold Legal, v.o.s. advokátní kancelář

Weinhold Legal provided full legal advice to Chropyňská strojírna, a.s. in its acquisition of a 100% stake in  HLS Czech s.r.o., which was part of the HLS Engineering Group. The company offers complete engineering processing in the body sector of the automotive industry.
 
Chropyňská strojírna, a.s. is a part of the Chropyňská Group concern, which is a major supplier of welding, assembly and transport lines designed primarily for the automotive industry in Central and Eastern Europe.
 
The Weinhold Legal team was led by partner Martin Lukáš and assisted by attorney-at-law Tomáš Kočař.

 

Tags: Law |
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DELTA legal again among top-rated offices in the Legal 500 rankings

1.07.2020, Company: DELTA legal, advokátní kancelář s.r.o.

The synergy between real estate and financing in our office simply works. This year, thanks to you, we can again rejoice in our success in the Legal 500 for 2020. One of the world’s largest rankings of law firms has recognized DELTA legal lawyers in the areas of banking, finance and capital markets, along with real estate and construction.

Pavel Fára, the head of the real estate team, and Libor Vacek, who leads the financial practice, were also awarded. Our clients have assessed Pavel as a very hard-working, meticulous and conscientious lawyer who, thanks to his many years of experience in the real estate market, is able to propose creative solutions to complex situations based on knowledge of current market trends. Libor is appreciated for his practical approach and vast expertise, which are a guarantee of quality and smooth progress of all transactions.

Tags: Awards & Achievements |
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Only 10% of Companies Have the Customer-Centric Supply Chains Required for Resilience, According to New Accenture Report

1.07.2020, Company: ACCENTURE CENTRAL EUROPE B.V., organizační složka

Majority of executives surveyed admit their business functions fail to collaborate on digital projects, dragging financial results down

 
Many companies do not realize the full value of investing in digital projects due to a lack of collaboration among their critical business functions, according to a new study by Accenture (NYSE: ACN). The study found that 75 percent of executives said their departments compete rather than collaborate on digitization, which raises cost and eats up expected revenues gains.

Tags: Economics | Business Development | New Products & Services |
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The amendment to the Labor Code brings fundamental changes to labor relations

30.06.2020, Company: PricewaterhouseCoopers Česká republika, s.r.o.

On 17 June 2020, the President signed an amendment to the Labor Code, thus confirming the changes proposed by Parliament. Labor relations await relatively fundamental changes or innovations responding to the needs of practice, which affect many areas from the allocation of leave, delivery of documents, transfer of employees to the creation of a so-called shared job.

Tags: Law | Human Resources |
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White & Case Bolsters Prague Office Ranks by Welcoming Experienced Restructuring and Insolvency Expert Martin Froněk

2.07.2020, Compete

Prague, July 1, 2020

The Prague office of the international law firm White & Case is expanding its team of restructuring and insolvency experts. Over the course of his career thus far, Martin Froněk has been involved in a number of restructuring projects and insolvency proceedings, often representing creditors from among the ranks of major financial institutions in the Czech market. Martin is also recognized as an expert in criminal law. He rejoins the Prague team of White & Case in the position of local partner following a stint at Dentons.

Tags: Law |

AmCham Board of Directors 2020 Candidate Profiles

8.06.2020, Amcham

AmCham members are electing eight members of the board in an electronic ballot. Each member in good standing should receive their ballots by email: patrons and corporates have five votes and small business/entrepreneurs have two. Ballots are due by June 30th.

 

 

Advising The Rohatyn Group on investment in Optimapharm d.d.

29.05.2020, Marketplace

International law firm Taylor Wessing has advised The Rohatyn Group on its investment in Optimapharm d.d. ("Optimapharm"), a contract research organisation headquartered in Croatia, with 14 offices across Europe, including a heavy presence in CEE. The investment establishes a partnership with the company’s founders Gordana Gregurić Čičak and Igor Čičak.

Tags: Law |

AmCham Board advises that the pandemic likely to last into 2021

12.05.2020, Compete

The AmCham Board of Directors assessed the duration and depth of the pandemic on May 6. Each board member discussed the current situation in their industry, and predicted both short and long-term impact of the virus on their sector and the Czech economy. 

The board will update their assessment regularly. They are now planning web discussions focused on sectors and key economic factors. Reports on this discussions will also be distributed among members. 

 

 

 

 

 

Summary of all applicable measures in the Czech Republic during the state of emergency

30.04.2020, Compete

The list of measures has been updated continuously. Last update May 7, 2020.

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