http://www.pwc.com/cz PricewaterhouseCoopers Czech Republic - Current Press Releases http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm12_11.html A new report, launched by the World Bank, IFC and PwC shows that tax authorities worldwide are overhauling tax systems by reducing taxes, streamlining administrative processes and modernising payment systems. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm12_11.html 11th November 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm31_10.html Czech companies are starting to use salary surveys to create a more focused remuneration policy and to distinguish themselves from their competitors. For managerial and professional positions, the wage level in the sector is the determining factor, while for blue-collar and administrative positions, it is the level of wages in the region. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm31_10.html 31th October 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm24_10.html PricewaterhouseCoopers disclosed that total gross revenues for its worldwide network of firms rose to a record USD 28.2 billion for the fiscal year ended 30 June 2008, an increase of 8% at constant exchange rates. At variable rates of exchange, growth was even higher at 14%. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm24_10.html 24th October 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm10_10.html Increasing fuel costs, CO2 emissions reductions, fluctuating exchange rates, shifts in consumer behaviour and a challenging economic climate are just some of the issues facing the automotive industry according to the latest PricewaterhouseCoopers report Global Automotive Perspectives 2008. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm10_10.html 10th October 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm01_10.html Joe Appleton (43) was appointed leader of the PwC Business Academy. PwC Business Academy was established by PricewaterhouseCoopers in the Czech Republic in July 2008 to provide knowledge and training in areas of accounting, finance and key business and leadership skills to Czech businesses (www.pwc.cz/academy). http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm01_10.html 1sh October 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm25_9.html Richard Jones and Paul Facer appointed as new Directors in the Assurance Department of PricewaterhouseCoopers http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm25_9.html 25th September 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm18_9.html Lenka Hejduková, Antonín Hamøík, and Blanka Dubroková have been nominated as Directors in the Assurance department of PricewaterhouseCoopers. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm18_9.html 18th September 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm08_9a.html This fact is confirmed in the latest issue of survey HR Controlling by PricewaterhouseCoopers, which was carried out in co operation with 112 top companies. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm08_9a.html 8th September 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm08_9.html The global automotive M&A deal volume in the first half of 2008 remains relatively strong based on data analysed by PricewaterhouseCoopers: the market still appears to be on course to exceed 500 closed deals for the tenth of the past eleven years, as was anticipated in Drive Value, PricewaterhouseCoopers' 2007 Automotive M&A insights publication. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm08_9.html 8th September 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm01_9.html Paul is taking this role over from Stephen Booth who was previously nominated the Country Managing Partner of PricewaterhouseCoopers in the Czech Republic in July last year and who will now focus fully on managing the firm as a whole. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm01_9.html 1st September 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm22_8.html In his new role he will be responsible for tax services relating to international tax planning and transfer pricing. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm22_8.html 22th August 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm19_8.html Natalia Pryhoda, 32, has been appointed as a Senior Manager in PricewaterhouseCoopers´ Tax and Legal Services department. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm19_8.html 19th August 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm17_7.html The way that healthcare is paid for in is flux as governments around the world seek ways to control costs without further compromising quality at a time when the needs of the aging population threaten to overwhelm health system resources. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm17_7.html 17th July 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm03_7.html Tomáš Bašta (42) has been appointed a new Partner of PricewaterhouseCoopers in CEE with activities in Assurance Services at PricewaterhouseCoopers Ukraine. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm03_7.html 3rd July 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm03a_7.html Tomáš Kuèa (38) has been appointed new Partner responsible for Advisory services of PricewaterhouseCoopers in Slovakia. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm03a_7.html 3rd July 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm01_7.html With effect from 1 July, Miroslav Bratrych (37) was appointed a new Partner of PricewaterhouseCoopers´ Transactions department. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm01_7.html 1st July 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm25_6.html Higher involvement of employees, investments into the future and support of a sense of belonging to the company - these benefits, in particular, characterise the most favoured provided by employers on the Czech market. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm25_6.html 25th June 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm19_6a.html After 10 years of operating successfully in the region of North Moravia, the Ostrava Office of PricewaterhouseCoopers (PwC) is expanding the services provided by its local team of experts. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm19_6a.html 19th June 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm19_6.html Zuzana Vanìèková and Zenon Folwarczny have been commissioned to lead the new PricewaterhouseCoopers (PwC) tax office in Ostrava. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm19_6.html 19th June 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm28_5.html Czech bankers fear impact of global economic crisis and bank fraud on banking systems http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm28_5.html 28th May 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm24_4.html New annual PricewaterhouseCoopers study reveals need for business and governments to work together to meet regulatory challenge http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm24_4.html 24th April 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm10_4.html Africa and the Middle East are poised for increased M&A activity and consolidation in the telecoms industry following a global decline in deal value and volumes in 2007. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm10_4.html 10th April 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm01_4.html Financial services accounted for almost a fifth of the European M&A market in 2007, and appetite for more deals at all levels across the financial services sector remains strong. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm01_4.html 1st April 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm19_3.html Prague real estate market shows high stability and low risks, and investors anticipate slight rises in rents. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm19_3.html 19th March 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm10_3.html The majority of surveyed companies lack confidence in their anti-corruption programs; PwC report provides guidance for effective risk mitigation. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm10_3.html 10th March 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm28_2.html An increasing number of automotive manufacturers are migrating to Central and Eastern Europe but even with the best preparation and research, there are serious challenges that only emerge once the move has actually taken place. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm28_2.html 28th February 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm15_2.html Josh Ellis (29) was appointed as Director at PricewaterhouseCoopers´ Forensic Services group. In his new role, he will be responsible for managing the continuing growth and development of the regional Forensic Technology Solutions (FTS) practice and establishing Forensic Technology labs across the Central & Eastern Europe (CEE) and CIS region. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm15_2.html 15th February 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm31_1.html Roman Pavloušek (36) was appointed Director at PricewaterhouseCoopers´ Advisory Services in the Czech Republic. In his new role, he will continue to develop the Internal Audit Services (IAS) practice in the Czech Republic and the Central and Eastern Europe (CEE) region and represent the CEE network in the Global IAS leadership. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm31_1.html 31th January 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm24_1.html Tomáš Horáèek (37) was appointed to lead PricewaterhouseCoopers’ Mergers and Acquisitions team in the Czech Republic. He will be responsible for expanding our successful M & A practice further and assisting both Czech and international clients with their investments in the Czech Republic and the CEE region. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm24_1.html 24th January 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm23_1.html CEOs' confidence about prospects for business declined for the first time since the 2003 survey and fear of a global recession emerged as the major threat to growth in PricewaterhouseCoopers 11th Annual Global CEO Survey. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm23_1.html 23th January 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm17_1.html Continuing its distinguished 74-year association with the Academy Awards®, PricewaterhouseCoopers LLP announced that Brad Oltmanns and Rick Rosas will again lead the balloting process for the 80th Annual Academy Awards. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm17_1.html 17th January 2008 http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm15_1.html Nineteen accounting, law, and consulting experts and firms operating in the Czech Republic were awarded “Doing Business Contributors’ Awards” by the World Bank and the International Finance Corporation (IFC) in a ceremony organised jointly by the World Bank, IFC, and PricewaterhouseCoopers in its premises. http://www.pwc.com/cz/eng/about/press-rm/2008/pressrm15_1.html 15th January 2008 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm29_07.html According to the "2007/2008 Global Family Business Survey" by PricewaterhouseCoopers, almost half of family businesses around the world do not have a plan outlining the future ownership of their business. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm29_07.html 26 November 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm28_07.html Tax reforms that make it easier for firms to pay taxes can increase government revenues by broadening the tax base, says a new report launched today by the World Bank, IFC, and PricewaterhouseCoopers. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm28_07.html 20 November 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm27_07.html In spite of high investments into improvement of work conditions, employee care and development and motivation programmes made as a result of the current lack of qualified workforce on the labour market, Czech companies are failing to decrease turnover rates. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm27_07.html 7 November 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm26_07.html Global light vehicle assembly will grow by over 19%, from 65.2 million units in 2006 to 77.6 million units by 2014. While the majority of this growth will be likely to come from China, India and other emerging markets, mature markets are still expected to contribute nearly a third of that growth, according to ninth annual Global Automotive Financial Review by PricewaterhouseCoopers. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm26_07.html 31 October 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm25_07.html Although companies in the Czech Republic are starting to feel the lack of workers, this fact is not being reflected in the average market growth of salaries. As in previous years, average salaries in 2007 increased on average by 4.5%-5.5%. On the other hand, the differences in the increase levels between individual firms have been more significant than in previous periods. These are some of the findings of PricewaterhouseCoopers’ annual survey, PayWell 2007: Effective Management, Effective Reward. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm25_07.html 29 October 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm24_07.html Nick Allen (45) was appointed to lead PricewaterhouseCoopers’ Transactions business in Prague. He will be responsible for further expanding our successful transactions practice and assisting both Czech and international clients with their investments in the Czech Republic and the CEE region. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm24_07.html 22 October 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm23_07.html 61% of companies in the Czech Republic reported they were victims of some form of economic crime in the past two years, according to PricewaterhouseCoopers' Global Economic Crime Survey 2007. The average direct financial loss to companies reached striking USD 1.7 million (approximately CZK 34 million) during the period. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm23_07.html 16th October 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm22_07.html PricewaterhouseCoopers today reports that worldwide gross revenues of its network of firms increased 10.5% at constant exchange rates to a record USD 25.2 billion for the fiscal year ended 30 June 2007. At variable rates of exchange, growth was even higher at 14.4%. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm22_07.html 1st October 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm21_07.html Expensive recruitment, high fluctuation. These words summarise the personnel problems of so-called shared service centres (SSCs) in the Czech Republic. According to a new study from the Human Resource Management department of PricewaterhouseCoopers, SSCs spend on average almost CZK 40 000 per employee on recruitment, while the market average is CZK 17 000. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm21_07.html 25th September 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm20_07.html On 1 August 2007, Katarína Smrèeková (33) joined PricewaterhouseCoopers as a Manager in the Human Resource Services department. Under her leadership, the team will continue to provide services in the area of strategic human resource management, focusing mainly on employee motivation and remuneration and analysis of development needs. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm20_07.html 22th August 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm19_07.html The start point for an automotive company planning a successful exit from the west is the end point according to the latest part of Eastern Influx, a series of reports by PricewaterhouseCoopers. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm19_07.html 9th August 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm18_07.html Vìra Výtvarová, Jiøí Posker, Jiøí Zouhar, Václav Prýmek and Milan Zelený have been nominated as Directors in the Assurance department of PricewaterhouseCoopers. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm18_07.html 30th July 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm17_07.html As of July 2007, Lenka Mrázová and Marek Romancov were appointed directors in PricewaterhouseCoopers’ Tax and Legal Services. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm17_07.html 30th July 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm16_07.html On 1 July, 2007, Viera Kuèerová was appointed a partner in the Tax and Legal Services department of the Prague office of PricewaterhouseCoopers. Apart from working for Czech clients, she will be responsible for coordinating Private Equity Mergers & Acquisitions (M&A) tax transactions within Central & Eastern Europe (CEE). http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm16_07.html 3rd July 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm15_07.html On 1 July 2007, Sirshar Qureshi (36) was appointed a Partner in PricewaterhouseCoopers´ Forensic Services department in Prague. He will be responsible for further expanding the business and assisting clients in the Czech Republic and other locations in Central Europe. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm15_07.html 3rd July 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm14_07.html On 1 July 2007, Stephen B. Booth, 54, took over from Mike Hackworth as Territory Senior Partner (TSP) for PricewaterhouseCoopers Czech Republic. Stephen has led the firm’s Czech tax practice since 2003 and will continue to serve as Czech tax leader and the tax leader of the regional automotive practice. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm14_07.html 2nd July 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm13_07.html The banking sector will grow significantly faster than GDP in the ‘E7’ emerging economies of China, India, Brazil, Russia, Indonesia, Mexico and Turkey, according to new projections by PricewaterhouseCoopers http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm13_07.html 26th June 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm12_07.html PricewaterhouseCoopers’ “Technology Executive Connections: Exploiting intellectual property in a complex world” looks at the challenges that technology companies are facing at a time when innovation and discovery is moving at breakneck speed and the identification and exploitation of their IP assets will determine their future success. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm12_07.html 19th June 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm11_07.html A highly visible shift – from direct to indirect taxation – is currently under way in the new EU accession countries, says a new PricewaterhouseCoopers report Shifting the balance – the evolution of indirect taxes http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm11_07.html 13rd June 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm10_07.html More than 100 respondents to the survey say that excessive regulation is endangering theindustry by loading companies with costs, distracting management and creating barriers to competition and innovation. This finding is linked to concern about growing political interference, particularly in markets where governments regulate insurance products and prices http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm10_07.html 29th May 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm09_07.html European deal values in the financial services sector increased by 77% over the previous year to reach €137 billion, reports PricewaterhouseCoopers ‘Financial Services MM&A: Going for growth in Europe’, the annual analysis of financial services MM&A activity in Europe. Domestic transactions in 2006 also moved firmly back into the spotlight, tripling in value over 2005 levels to reach approximately €76 billion http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm09_07.html 25th April 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm08_07.html It is not just a case of selecting the right country but of selecting the right place within that country, according to the second of a series of reports by PricewaterhouseCoopers “Eastern Influx: Automotive Manufacturing in Central and Eastern Europe”. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm08_07.html 17th April 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm07_07.html On 1 April 2007, Peter Skelhorn (49) joined the Tax and Legal Department of PricewaterhouseCoopers Czech Republic as a partner responsible for leading the continuously growing PwC VAT and customs practice in the country http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm06_07.html 12th April2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm06_07.html In line with continental Europe and the UK, which regions achieved their strongest Mergers & Acquisitions performance in recent history last year, transaction activity in Central & Eastern Europe was also extremely buoyant. In total, 2,527 publicly disclosed private transactions were completed in the CEE countries last year. Overall, deal volume rose by 37% last year while the total value of these transactions rose by 79% to a record-breaking USD 163bn compared with USD 91bn in 2005 – reported PricewaterhouseCoopers in its latest M&A report. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm06_07.html 28th March 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm05_07.html Continuing its distinguished 73-year association with the Academy Awards, PricewaterhouseCoopers today announced that Brad Oltmanns and Rick Rosas will lead the balloting process for the 79th Annual Academy Awards. For the second consecutive year, Oltmanns and Rosas are the only two people in the world who will know the identity of the winners before the live telecast on ABC at 5 p.m. PST (8 p.m. EST) on Sunday, February 25, 2007. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm05_07.html 19th February 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm04_07.html Paris leads this year’s list of top real estate investment markets in Europe, according to a report Emerging Trends in Real Estate® Europe 2007 published by PricewaterhouseCoopers and Urban Land Institute. The survey interviewed almost 400 of the industry’s leading authorities to identify Europe’s top cities for real estate investment. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm04_07.html 14th February 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm03_07.html Paris leads this year’s list of top real estate investment markets in Europe, according to a report Emerging Trends in Real Estate® Europe 2007 published by PricewaterhouseCoopers and Urban Land Institute. The survey interviewed almost 400 of the industry’s leading authorities to identify Europe’s top cities for real estate investment. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm03_07.html 8th February 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm02_07.html CEOs’ confidence about prospects for revenue growth has reached a record level: nearly twice as many CEOs now feel very confident about revenue growth over the next 12 months compared to five years ago, according to PricewaterhouseCoopers’ 10th annual Global CEO Survey released today at the World Economic Forum meeting in Davos, Switzerland. http://www.pwc.com/eng/about/press-rm/2007/pressrm02_07.html 24th January 2007 http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm01_07.html Michael W. Hackworth has been appointed Managing Partner for Operations and Markets of PricewaterhouseCoopers in the Central and Eastern European and CIS region. In addition to his new responsibilities, he will continue to serve as Managing Partner of PricewaterhouseCoopers Czech Republic. http://www.pwc.com/cz/eng/about/press-rm/2007/pressrm01_07.html 17th January 2007