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1

$POUBDU
vu.strbrskuczochnvost.org
voru.bourovuul.cz
Ldtoru ourd ol Czoch locus
Assocuton lor lorogn lnvostmont,
Stpnsk ll, l20 00 Pruguo 2, Czoch kopubc
Pubshod by tho Assocuton lor lorogn
lnvostmont - All undor tho uuspcos ol Czochlnvost,
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ol tho Mnstry ol lndustry & 1rudo.
lNVE5TOR'5 CALENDAR
Apri| ~ june 2008

Apri|
4.4. Business Forum
4FNJOBS
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15. - 17.4. Aerospace Manufacturing &
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16. - 18.4. Techno Frontier
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$IJCB+BQBO
May
7. - 8.5. Aircraft Maintenance Expo
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5SBEF'BJS
-POEPO6,
13. - 15.5. Czech-japan 5cience
and Techno|ogy Days
$POGFSFODF
1SBHVF$[FDI3FQVCMJD
22. - 23.5. BioTech 2008 & 4
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>> foreword
|n tbe 196Os, |l|e sclences and blotecbno|-
ogy b|ossomed ln Czecbos|ovakla. A down-
turn caused by tbe |orced departure o| qua|-
lty pro|esslona|s durlng and a|ter tbe Second
Wor|d War was a||evlated by eager new scl-
entlc ta|ents taklng command o| researcb
lnstltutlons. Tbe communlst reglme lnvested
ln researcb as part o| lts co|d war e||ort and
advancement o| lts ldeo|ogy. Llbera|lsatlon a|-
|owed contacts wltb tbe lnternatlona| com-
munlty and exce||ence was acbleved ln severa|
|l|e-sclence dlsclp|lnes. Wor|d-c|ass preventlve
medlclne, exce||ent vacclnes and masslve cam-
palgns made lt posslb|e to brlng ln|ectlous
dlseases under contro| and to eradlcate po-
|lomye|ltls ln Czecbos|ovakla |or tbe rst tlme
ln buman blstory. New lnstltutes opened
and operated at tbe |ore|ront o| proteln cbem-
lstry, lmmuno|ogy, neuropbyslo|ogy and mlcro-
blo|ogy, untl| tbe Sovlet-|ed lnvaslon crusbed
tbe Prague Sprlng movement ln 1968. An exo-
dus o| lnte||ectua| ta|ent ensued, wltb researcb-
ers and otber pro|esslona|s |eavlng tbe country
en masse. Now, near|y twenty years a|ter tbe
ve|vet Pevo|utlon o| 1989, tbere ls a |resb crop
o| ta|ented researcbers ln tbe Czecb Pepub|lc
and cuttlng-edge |l|e sclences and blotecbno|-
ogy are returnlng to tbe |ore.
Many o| tbose wbo |e|t tbe country |or
postdoctora| tralnlng abroad a|ter 1989 bave
returned and now manage researcb |abs.
GDP growtb bas enab|ed lncreased spendlng
on P&D, tbougb tbe government stl|| spends
|ess tban O.6 % o| GDP per year ln tbls area
(as compared to O.66% ln tbe LU -15, -O.8
% ln US and -O.9% ln Pln|and). Tbe boost-
ed nanclng o| Czecb |l|e-sclence researcb
over tbe past decade ls now bearlng |rult and
tbe lmprovlng researcb envlronment and |lvlng
condltlons o| researcbers act to prevent anotb-
er braln draln. Many ta|ented Czecb tralnees
p|an to return |rom abroad, taklng up tbe cba|-
|enge o| startlng new researcb groups and do-
lng great work under |ess opu|ent condltlons.
A|tbougb |l|e-sclence researcb ls becomlng
more and more tecbno|ogy-drlven and cost|y,
wltb genomlcs, proteomlcs and a|| tbe otber
'omlcs' o| systems blo|ogy, tbe Czecb Pe-
pub|lc's so|ld genera| educatlon |eve|, lngenu-
lty and pragmatlc cbolce o| researcb toplcs
are a||owlng a growlng number o| Czecb re-
searcb ta|ents to per|orm we||. |nternatlona|-
|eve| teams are now actlve not on|y at lnstltutes
o| tbe Academy o| Sclences and unlversltles ln
Prague and 8rno, wbere Pro|essor Antonln Ho|y
generated tbe most e||ectlve antl-H|v drugs and
Pro|essors Petr Dvoak and A|es Hamp| estab-
|lsbed some o| tbe best cbaracterlsed buman
embryonlc stem ce|| |lnes. Tbe mo|ecu|ar para-
slto|ogy and entomo|ogy groups o| Pro|essors
[|lus Lukes and Marek [lndra are produclng
great sclence ln Cesk 8udjovlce, and Pro|es-
sor Mlros|av Strnad's researcb on p|ant growtb
regu|atlng cytoklnlns sbows promlse |or lnnova-
tlve cancer-treatment drugs.
A |ew advanced blotecbno|ogy compa-
nles bave emerged ln tbe Czecb Pepub|lc.
Tbe growtb o| Contlpro Group, estab|lsbed by
v|adlmlr ve|ebny and Petr Plnkas ln tbe plctur-
esque |ootbl||s o| tbe Or|lck Hory mountaln
range, ls sometblng o| a Clndere||a story, as lt
lnvo|ves tbe converslon o| a dalry lnto a |er-
mentatlon p|ant supp|ylng 6O% o| tbe Lurope-
an and 3O% o| tbe wor|d market wltb tbe blgb-
est-qua|lty bya|uronan |or medlca| use, paylng
|or dlverslcatlon and a researcb department
and |or sponsorlng unlverslty researcb and
graduate |e||owsblps. A |ee| |or lmportant dl-
agnostlc markers and prots |rom dlstrlbutlon
o| researcb products a||owed vlktor Pzlka
to bul|d up tbe g|oba||y operatlng 8lovendor
Pesearcb and Dlagnostlc Products. A suc-
cess story o| steady growtb over a decade ls
v|adlmlr vlk|lcky's Lxblo, a producer o| mono-
c|ona| antlbodles |or researcb and dlagnostlcs.
Mucb more ls to come. |n Prague's Kr
dlstrlct, tbe new|y |ounded |nstltute o| 8lo-
tecbno|ogy o| tbe Academy o| Sclences bas
begun operatlon, jolnlng tbe next to |nstltutes
o| Pbyslo|ogy, Mlcroblo|ogy and Lxperlmenta|
Medlclne and tbe |nstltute o| Mo|ecu|ar Genet-
lcs, wblcb recent|y moved lnto a new|y com-
p|eted, state-o|-tbe-art |l|e-sclence bul|dlng.
Most lmportant|y, a slgnlcant portlon o| tbe a|-
most LUP 5 bl||lon |rom tbe Luropean Peglona|
Deve|opment Pund ls to be spent between
2OO7 and 2O15 on tbe Operatlona| Programmes
Pesearcb and Deve|opment |or |nnovatlon and
Lnterprlse and |nnovatlon, wblcb are |ocused
on tbe constructlon o| unlque ln|rastructure
and equlpment and on generatlng tbousands
o| new jobs ln |l|e-sclence and blotecbno|ogy
P&D and buslness ln severa| researcb centres
and company c|usters around tbe country.
Tbls wl|| undoubted|y attract ta|ents o| Czecb
and |orelgn orlgln to take part and brlng about
a quantum |eap o| |l|e-sclence and cuttlng-edge
blotecb P&D and buslness, botb o| wblcb are
now comlng o| age ln tbe
Czecb Pepub|lc.
Pere Sehe,
D|ecre,
|nsr|rare ej |erechne|egj
ej rhe Academj ej Sc|ences
ej rhe Czech Repah||c
6omIn of ke: 6zech LIfe $cIences
and kdvanced 8IotechnoIoIes
2
>> quarter |n kev|ew
|rcdcn|a ccc|on n |hc Spanh Ha of |raguc Ca|c
u|ra|vc pho|o
Head|ine news
Deve|opment of the market economy

and democracy in the Czech Repub|ic best
in the wor|d. Accordlng to a study conducted
by tbe 8erte|smann Poundatlon o| Germany,
tbe Czecb Pepub|lc ls tbe |eader among 125 com-
parab|e countrles and bas tbus surpassed S|ovenla
and Lstonla. Tbe trans|ormatlon lndex ana|yzes
and assesses tbe qua|lty o| democracy, tbe mar-
ket economy and po|ltlca| management ln 125
deve|oplng and transltlon countrles. |n comparlson
wltb otber countrles, tbe Czecb Pepub|lc exce||ed
desplte reservatlons about tbe gbt agalnst cor-
ruptlon and tbe popu|atlon's trust ln po|ltlclans.
Vc|av K|aus was re-e|ected to a second

term as president of the Czech Repub|ic
on 15 Pebruary 2OO8, de|eatlng [an Svejnar. He
was re-e|ected wltb 141 votes ln tbe tblrd round
o| votlng. K|aus recelved tbe votes o| a|| 122 ODS
|egls|ators, 14 Cbrlstlan Democrats, two lnde-
pendent senators, and tbree |egls|ators wbo bad
orlglna||y been e|ected as members o| tbe CSSD.
Po|itics and Legis|ation
Nine Operationa| Programmes bave been

slgned by Czecb mlnlsters and Luropean Com-
mlsslon representatlves. Tbe Czecb Pepub|lc can
draw LUP 14 bl||lon (approx. CZK 365 bl||lon)
|rom tbese programmes ln comlng years. Tbls ls
rougb|y ba|| tbe amount tbat tbe Czecb Pepub-
|lc can recelve |rom 8russe|s ln tbe 2OO7-2O13
perlod. Approxlmate|y CZK 125 bl||lon |rom
seven programmes wl|| be spent ln tbe coun-
try's reglons, wbl|e Czecb rms wl|| bave access
to rougb|y CZK 1OO bl||lon, and up to CZK 15O
bl||lon wl|| be spent on transportatlon.
The renewab|e sources of energy dlrec-

tlve approved by tbe Luropean Commlsslon
requlres renewab|e sources o| energy to account
|or 13% of the Czech Repub|ic's tota| en-
ergy consumption. Tbe Czecb Pepub|lc ls
to meet tbls target by 2O2O. Tbe sbare o| renew-
ab|e sources o| energy ln tbe entlre LU ls to ln-
crease |rom 8.5% to 2O%.
Domestic investors take the initiative. Last

year, Czecb|nvest medlated a record number
o| lnvestments lnvo|vlng 182 projects. Tbe |argest
number o| new lnvestors are actlve ln cbemlca|
productlon, mecbanlca| englneerlng and automo-
bl|e manu|acturlng, wblcb ln comlng years sbou|d
create tbousands o| new jobs. Prom Czecb|n-
vest's perspectlve, 2OO7 was a record year a|so
ln terms o| tbe tota| amount o| lnvestments
by pure|y domestlc rms, wblcb undertook
to lnvest CZK 15 bl||lon ln 55 projects.
lnation reached a record 7.5% ln [anu-

ary, wblcb was tbe blgbest rate slnce 1998. Tbe
rapld growtb o| lnhatlon ln 2OO8 wl|| be |o||owed
by an equa||y rapld |a|| ln 2OO9 (accordlng to Czecb
Natlona| 8ank vlce-Governor Mlros|av Slnger).
|n tbe |ourtb quarter o| 2OO9, lnhatlonsbou|dreacb
tbe centra| bank's lnhatlon target o| 3%.
The unemp|oyment rate rose s|lgbt|y

ln [anuary 2OO8, as dld tbe number o| aval|ab|e
jobs. Tbe |eve| o| recorded unemp|oyment ln
[anuary sbowed a montb-on-montb lncrease o|
O.1 percentage polnt to 6.1%. At tbe same tlme,
tbe number o| aval|ab|e jobs lncreased to 145,921,
tbe blgbest [anuary gure slnce monltorlng began.
Tbe Czecb Natlona| 8ank estlmates tbat

tbe state budget decit wi|| fa|| to 1.5% of
GDP this year. Accordlng to Tomas Ho|ub, tbe
bead o| tbe centra| bank's monetary and statlstlcs
sectlon, tbe declt amounted to 2.3% o| GDP ln
2OO7. Tbe Czecb Pepub|lc wou|d tbus meet tbe
3% |lmlt requlred |or adoptlon o| tbe euro.
Business
Tbe |ta|lan company Acerbis ls p|annlng

to construct a p|ant |or tbe productlon o| |ue|
tanks and motorcyc|e, car and truck seats
ln Moravany nad Loucnou ln tbe Pardublce
reglon. Acerbls p|ans to lnltla||y lnvest CZK 115
ml||lon and emp|oy 5O peop|e. Tbe p|ant wl||
serve Centra| Lurope and, ln |uture, countrles
|artber east, lnc|udlng Pussla.
Vienna lnsurance Group ls p|annlng to

estab|lsb lts own relnsurer, wblcb sbou|d be
beadquartered ln Prague. Tbe new rm sbou|d
bave equlty caplta| tota||lng LUP 1OO ml||lon
and an lnsurance vo|ume o| LUP 3OO ml||lon
wltbln tbe next two to tbree years.
Marbes Consu|ting, wblcb bas been actlve

ln P|zen slnce 1997 and bas bltberto |ocused
on produclng so|tware |or state admlnlstratlve
organlsatlons, ls bul|dlng a new deve|opment
centre. Tbe company p|ans to lnvest CZK
12 ml||lon ln tbe centre ln tbe rst two years
and emp|oy 2O programmers wbo wl|| create
specla| programs |or tbe admlnlstratlon and op-
eratlon o| companles.
Economics
According to pre|iminary resu|ts, the Czech

economy grew by a record 6.6% |ast year.
Tbe GDP growtb rate, wblcb was tbe blgbest slnce
1996, exceeded tbe expectatlons o| economlsts
and tbe estlmates o| tbe Czecb Natlona| 8ank and
Mlnlstry o| Plnance. |n tbe |ourtb quarter o| tbe
year, GDP lncreased by 6.9% y/y. Tbls growtb was
prlmarl|y drlven by bousebo|d consumptlon.
The Czech crown has broken the CZK

25/EUR barrier and is now the most rapid|y
strengthening currency in the wor|d. On 22
Pebruary, tbe Czecb crown surpassed lts blstorl-
ca||y maxlmum va|ue ln comparlson wltb botb
tbe US do||ar and tbe euro. At mldday tbe ex-
cbange rate reacbed CZK 24.97 to one euro,
breaklng tbe psycbo|oglca| barrler o| CZK
25/LUP. Accordlng to Patrla tbe crown-do||ar ex-
cbange rate was CZK 16.87/USD.
The Czech Repub|ic has posted record

export gures. Tbe country's |orelgn trade
ba|ance sbows a surp|us o| CZK 86.1 bl||lon,
wblcb ls more tban doub|e tbe resu|t acbleved
ln 2OO6. Tbe substantla||y lmproved trade ba|-
ance ls due partlcu|ar|y to a dec|lne ln tbe |os-
sl|-|ue|s trade declt. Desplte tbe strengtbenlng
crown, exports to tbe Luropean Unlon bad tbe
greatest lmpact on tbe |avourab|e deve|opment
o| tbe trade ba|ance, wbereas tbere was a sbort-
|a|| ln tbe ba|ance wltb countrles outslde tbe LU.
u|ra|vc pho|o
3 >> quarter |n kev|ew
Accordlng to a NetMonltor survey, tbe

number of domestic internet users to-
ta||ed 4.476 ml||lon ln December 2OO7, wblcb
represents a y/y lncrease o| 11.8%. Tbe |arg-
est number o| users vlslted tbe Seznam (4.43
ml||lon) porta| ln December, |o||owed by lDnes
and Centrum.
5tarbucks Coffee comes to Prague.

At tbe end o| [anuary, Starbucks Co||ee opened
lts rst Czecb |rancblse ln Prague. Tbe sec-
ond Starbucks |ocatlon ln tbe Czecb Pepub|lc
wl|| open at tbe end o| Pebruary ln Prague's
Pa||adlum sbopplng centre. Tbe German ca|
Cup & Clno sbou|d a|so start dolng buslness
ln tbe Czecb Pepub|lc tbls year and tbe |ndlan
co||ee cbaln Ca| Co||ee Day ls a|so p|annlng
to estab|lsb lts presence ln tbe Czecb market.
Czecb|nvest bas |auncbed lts database

of browne|ds. |nvestors may searcb |or
browne|ds ln tbe database accordlng to lndl-
vldua| reglons, requlred slze, type o| property
(bul|dlng, p|ot, entlre |acl|lty) or prevlous use
o| tbe |ocatlon.
Accordlng to a study by tbe consu|tlng

rm Tota| Loglstlcs and tbe rea| estate rm
Klng Sturge, tbe Czecb Pepub|lc bas become
the most suitab|e country for Europe-wide
business, as we|| as construction of ware-
houses and |ogistics centres.
Tbe Academy Awards ceremony was be|d

ln Los Ange|es on 25 Pebruary. Markta
lrg|ov became the rst Czech singer
in history to receive an Oscar, wblcb sbe
won |or tbe song Pa||lng S|ow|y |rom tbe |m
Once. Sbe recorded tbe song wltb tbe |rlsb
muslclan G|en Hansard.
Seaces. Czech AM hj rhe Czech News Agencj,
Hespedsk nez|nj, L|dez nez|nj, Pze,
M| Dnes, Nez|nkj.cz, |Dnes.cz, Czech|nzesr news
Domestic retai|ers recent|y enjoyed one o|

tbelr best seasons ln blstory. Petal| revenues grew
|ast year by 7.7%, wblcb ls tbe best resu|t o| tbe
past 11 years. Accordlng to economlsts, tbe mas-
slve spendlng ls due maln|y to rlslng sa|arles, tbe
credlt boom and genera||y rlslng standard o| |lv-
lng among domestlc bousebo|ds ln recent years.
eBay, an on|lne auctlon rm, ls beaded |or tbe

Czecb Pepub|lc. Tbe company wants to open
a marketlng and ana|ysls centre ln Prague. |t sbou|d
emp|oy 2O specla|lsts at tbe centre by tbe end o|
tbe year. |t wl|| cooperate wltb lts Skype a||late,
wblcb opened a Czecb brancb |ast summer.
Honeywe|| wl|| emp|oy 6OO workers |or

tbe new addltlon to lts deve|opment centre.
Tbe gure cou|d doub|e wltbln |our years.
Tbe new centre wl|| unl|y tbe company's two ex-
lstlng deve|opment |acl|ltles ln 8rno.
Procter & Gamb|e bas cbosen tbe Czecb

Pepub|lc |or its rst techno|ogy centre
in Centra| and Eastern Europe. Specla|lst
emp|oyees ln tbe Pakovnlk centre wl|| de-
ve|op new tecbno|ogles, productlon processes
and equlpment wblcb tbe company wl|| tben use
dlrect|y ln lts otber productlon p|ants.
Tbe Cblnese rm 5hanghai Ma|ing ls p|an-

nlng to bul|d a p|ant ln tbe Hrobclce munlclpa|-
lty o| tbe Tep|lce dlstrlct by tbe end o| Pebruary
and to |auncb productlon o| canned meat soon
tberea|ter. Tbe rm bas a|ready lnvested rougb|y
CZK 4OO ml||lon ln tbe project.
Tbe automaker Hyundai's Nosovice p|ant,

wblcb current|y emp|oys 6OO peop|e, lntends
to blre an addltlona| 1,6OO tbls year. Tbe compa-
ny wants to blre most o| tbe new emp|oyees |or
productlon. |t wl|| a|so recrult new emp|oyees
tbrougb tbe new recrultment centre ln Ostrava.
Tbe Lego group wl|| take back contro|

o| bul|dlng-b|ock productlon ln K|adno |rom
tbe Slngapore-based company P|extronlcs a|ter
a year and a ba||. 8otb companles stated tbat
tbe trans|er o| productlon |rom 1 Marcb wl|| not
lnterrupt tbe operatlon o| eltber o| tbem.
Tbe Austrlan nancla| group Raiffeisen ls pre-

parlng to estab|lsb lts subsldlary Pal||elsen Lnergy
Honc,vc
u|ra|vc pho|o
& Lnvlronment Ho|dlng Czecb, wblcb wl|| |ocus
on tbe acqulsltlon, constructlon and operatlon
o| |acl|ltles re|ated to renewab|e sources o| energy.
E|marco, a producer o| nanobre tecbno|-

ogy, wl|| begln constructlon o| a new |actory
ln Llberec ln Aprl| 2OO8 at a cost o| CZK 25O ml|-
|lon. Tbe rmwl|| a|so lnvest bundreds o| ml||lons
o| crowns ln macblnery and tecbno|ogy. Tbe
p|ant, wblcb wl|| cover 2,5OO m2, wl|| provlde
jobs |or severa| bundred peop|e.
Tbe Czecb-S|ovak nancla| group Penta bas

conrmed tbat lt bas taken contro| o| S|ovakla's
|argest meat-processlng p|ant, Mecom Hu-
menne. Penta ls now p|annlng to bul|d a Centra|
Luropean |oodstu||s bo|dlng company wltb annu-
a| turnover o| LUP 3OO ml||lon (CZK 7.6 bl||lon)
and ls a|so conslderlng acqulsltlons ln Hungary
and tbe Czecb Pepub|lc.
Tbe e|ectrlclty glant CEZ wl|| begln to bul|d

gas power p|ants lnstead o| coa|-red genera-
tors. Tbe company bas denltlve|y declded tbat
tbls year lt wl|| commence a project lnvo|vlng
two b|ocks o| gas-powered generatlng p|ants
ln tbe Nortb 8obemlan town o| Poerady at
a cost o| approx. CZK 18 bl||lon. Tbe p|ants'
output sbou|d be rougb|y ba|| tbat o| tbe Teme|ln
nuc|ear power p|ant, l.e. 88O MW. Tbe company
ls expected to bul|d an addltlona| gas power p|ant
ln Uzln ln Nortb 8obemla.
Misce||aneous
The Czech Repub|ic remains among

the most attractive countries for investors.
Over tbe past 15 years, tbe Czecb Pepub|lc bas
rlsen to become one o| tbe wor|d's most at-
tractlve countrles |or |orelgn dlrect lnvestment.
Plrms |rom nelgbbourlng Germany bave lnvested
tbe most bere, |o||owed c|ose|y over tbe past
severa| years by [apanese companles, wblcb
ls unusua| ln comparlson wltb tbelr lnvestments
ln tbe rest o| Lurope.
Centres of exce||ence, l.e. |ocatlons

tbat |ocus on cuttlng-edge researcb, sbou|d
be estab|lsbed ln ve |ocatlons ln tbe Czecb
Pepub|lc. Tbey wl|| be partla||y nanced |rom
tbe Luropean Sclence and Pesearcb |or |nno-
vatlon Pund. |nternatlona| commlsslons wl|| se-
|ect lndlvldua| |ocatlons tbls |a||. Tbese centres
cou|d be estab|lsbed ln, |or examp|e vestec
u Praby, 8rno, Ostrava and Pardublce. Tbey
wl|| |ocus on blotecbno|ogy, energy, ln|ormat-
lcs, and materla| researcb.
Tbe Medlca| Pacu|ty o| Pa|acky Unlverslty

ln O|omouc ls p|annlng to bul|d a bio-medica|
centre at a cost o| CZK 3 bl||lon. Tbe centre
sbou|d partlclpate ln, |or examp|e, tbe deve|-
opment o| new pbarmaceutlca|s. |t wl|| emp|oy
3OO researcb workers.
4
8IotechnoIo $ector
In the 6zech euhIIc:
lmressIve hIstor, FromIsIn Future
8lotecbno|ogles comprlse a e|d tbat bas be-
come lncreaslng|y promlnent over tbe past dec-
ade wbl|e brlnglng |ortb posslb|e app|lcatlons
ln a wlde range o| otber, re|ated sectors sucb as
bea|tbcare, agrlcu|ture and lndustry. Consclous
o| tbls deve|opment, tbe Czecb Pepub|lc, tbrougb
a Government Decree ln 2OO5, set mo|ecu|ar
genetlcs and blotecbno|ogles among tbe prlor-
lty areas ln tbe |ong-term, |undamenta| dlrectlon
o| researcb. Tbe Czecb Pepub|lc can be ranked
among tbose countrles wbere pub|lc oplnlon
bas not blstorlca||y been agalnst tbe lntroduc-
tlon o| modern blotecbno|ogles lnto practlce and
lt ls one o| ve Luropean countrles wbere lt ls
a||owed to cu|tlvate GMO crops |or |ood pro-
ductlon. Some trends toward blotecbno|oglca|
productlon began bere as ear|y as ln tbe 198Os.
Tbe genera| popu|atlon, even ln tbe area o| |ood
productlon, accepts tbe resu|ts o| blotecbno|ogl-
ca| researcb re|atlve|y |avourab|y.
lmpressive History, Promising Future
Modern blo|ogy ls c|ose|y tled to tbe work o|
two promlnent Czecb blo|oglsts. One o| tbem,
[an Lvange|lsta Purkyn, was tbe |ounder o| em-
bryo|ogy and tbe autbor o| a ploneerlng work on
ce|| tbeory. Tbe otber, Gregor Mende|, ls
o|ten re|erred to as tbe |atber o| ge-
netlcs due to bls |amous
study o| tbe lnberltance
o| tralts ln pea p|ants.
|n tbe modern era, otber
renowned Czecb sclen-
tlsts bave bul|t on tbe suc-
cesses o| tbelr |orebears.
Otto Wlcbter|e was a mac-
romo|ecu|ar cbemlst and |ounder
o| tbe |nstltute o| Macromo|ecu|ar
Cbemlstry o| tbe Czecbos|ovak Academy
o| Sclence. Hls most lmportant lnventlons
>> 5ector focus
o|cchnoog, a fcd rcqurng |op-qua|, |nov-hov Seace. Czech |erech Reper 2007
Geographic distribution
of research entities
lnc|ude sl|on, an artlcla| po|yamlde bre, by-
droge| and so|t contact |enses. Dr. Ml|an Hasek,
a |ormer dlrector o| tbe |nstltute o| Lxperlmen-
ta| 8lo|ogy and Genetlcs o| tbe Czecbos|ovak
Academy o| Sclences, was tbe co-dlscoverer
o| vegetatlve bybrldlsatlon, wblcb ls o|ten a|so
re|erred to as lmmuno|oglca| to|erance. |n 2OO3,
sclentlsts at tbe |nstltute o| Lxperlmenta| Medl-
clne o| tbe Academy o| Sclences ln 8rno succeed
ln extractlng and keeplng a|lve embryonlc stem
ce||s |rom |our-day-o|d buman embryos. Tbese
sclentlsts tbus created a new tecbno|ogy, wblcb
u|ra|vc pho|o
5
Anotber examp|e o| an exce||ent researcb |acl|-
lty ln 8rno ls tbe |nternatlona| C|lnlca| Pesearcb
Center (|CPC), a jolnt project o| Salnt Anne's Unl-
verslty Hosplta| 8rno and tbe Mayo C|lnlc based
ln tbe Unlted States. Tbe ongolng co||aboratlon
between Czecb sclentlsts and tbelr counterparts
at tbe Mayo C|lnlc bas resu|ted ln a c|lnlca|-re-
searcb and educatlon centre capab|e o| slgnl-
cant|y strengtbenlng US-Luropean co||aboratlon
ln medlca| researcb and educatlon, partlcu|ar|y
ln tbe areas o| cardlo- and neurovascu|ar dlseases,
lnterna| medlclne, neuro|ogy and onco|ogy.
Most baslc blotecbno|ogy-orlented e|ds
o| study at unlversltles arose prlor to 2OOO, wblcb
rehects tbeadvanceddegreeo| tbeCzecbPepub-
|lc's experlence ln tbls sector. Tbe tota| number
o| unlverslty students ln tbe Czecb Pepub|lc was
294,O82 ln 2OO5. Approxlmate|y 56,777 students
were enro||ed ln |l|e-sclences unlversltles wltb
tbe correspondlng output o| 7,4OO graduates per
year. Unlverslty pro|essors and doctora| students
are lncreaslng|y lnvo|ved ln botb pub|lc- and prl-
vate-sector researcb projects.
tbey patented, and jolned tbe ranks o| on|y a |ew
sclentlc teams ln tbe wor|d tbat bave managed
tbls |eat. |t ls a|so wortb mentlonlng tbe resu|ts
acbleved by Czecb sclentlsts worklng outslde
tbe Czecb Pepub|lc, one o| wblcb was tbe ex-
p|anatlon o| ce||u|ar antl-cancer mecbanlsms
by a team o| researcbers under [ll 8artek and [ll
Lukas ln Denmark ln 2OO5.
Research and Deve|opment
in the Biotech 5ector
Tbe Czecb Pepub|lc bas a we||-estab|lsb
and very strong network o| researcb lnstltutes.
At tbe end o| 2OO7, tbe country bad 3O8 blo-
tecbno|ogy researcb entltles, based maln|y ln
tbe Prague reglon (47%) and ln tbe Soutb Mora-
vla reglon (22%). Tbe majorlty o| tbe researcb
>> 5ector focus
|acl|ltles be|ong eltber to tbe Academy o| Scl-
ences o| tbe Czecb Pepub|lc, to unlversltles or to
tbe Mlnlstry o| Hea|tb. Tbe maln centres o| blo-
tecbno|ogy, mo|ecu|ar blo|ogy and pbarmaceu-
tlca| researcb and deve|opment ln tbe Czecb
Pepub|lc are |ocated ln Prague and otber |arge
cltles wltb unlversltles sucb as O|omouc, Hradec
Kra|ov, P|ze, Cesk 8udjovlce and 8rno. 8rno
bas a strong tradltlon ln tbe medlca| sector and
ls especla||y we||-known |or cardlovascu|ar and
cancer researcb. 8rno ls deve|oplng lnto a lmpor-
tant bub o| blotecb companles a|so because o| lts
good ln|rastructure, strong network o| unlversl-
tles and researcb lnstltutes, and encouragement
|rom tbe |oca| government. An examp|e o| tbls
cooperatlon ls tbe MedlPark project o| Masaryk
Unlverslty ln 8rno and tbe Soutb Moravla reglon.
Tbe project ls lntended to support tbe crea-
tlon o| lncubators and spln-o|| centres as we|| as
to attract exlstlng blotecbno|ogy lnvestors to
tbe reglon. Tbe new campus wl|| serve tbe e|ds
o| medlclne, cbemlstry, blo|ogy and sport, wbl|e
an addltlona| 15 bectares are belng deve|oped
to bost commercla| partners. Tbe vlslon
o| Masaryk Unlverslty bas been to concentrate
a|| areas o| researcb and educatlon ln bea|tb
sclences on a state-o|-tbe-art cam-
pus ln order to provlde
a settlng |or spln-o||s
ln tbe very same |ocatlon,
says [an S|ovak, vlce-rector
|or strategy and deve|opment
at Masaryk Unlverslty ln 8rno.
Tbe unlverslty's Morpbo|ogl-
ca| Centre and a |arge researcb and
teacblng bosplta| bave a|ready been bul|t.
Tbe lntegrated |abs |or blomedlca| and envl-
ronmenta| tecbno|ogles were opened ln 2OO5.
^cd|ar|: S|a|c-of-|hc-ar| campu a| âar,| Unvcr|, n rno
CRC: on| procc| of San| nnc' Unvcr|, Hop|a n rno
and â,o Cnc US)
Life sciences students in the Czech Repub|ic according to region
Geographic distribution
of biotechno|ogy
companies
Seace. |nsr|rare je |njemar|en en dacar|en, 2005
Tota| students: 298 196
Of which:
Life sciences students: 56 777
21 830
113 601
3 814
15 812
3 202
9 070
7 058
1 689
3 123
9 856
4 771
4 771
28 819
2 647
62 763
13 841
1 052
PRAGUE
PARDUBlCE PLZEN
CE5KE BUDjOVlCE
HRADEC KRLOVE
OLOMOUC
BRNO
LEDNlCE
O5TRAVA
6 >> 5ector focus
Biotechno|ogy and Pharmaceutica|
Companies Focus
Tbe deve|opment o| buman and veterlnary
pbarmaceutlca|s, dlagnostlcs, |ermentatlon
tecbno|ogles, use o| blotecbno|ogles ln |lqul-
datlng waste and protectlng tbe envlronment,
and anlma| and p|ant blotecbno|ogles are
current|y tbe most success|u| areas ln wblcb
Czecb blotecbno|ogy entltles most lntenslve|y
operate. Mlcrobla| and ce||u|ar blotecbno|ogy
(33%) ls tbe most common blotecb sector
ln companles, wbereas p|ant blotecbno|-
ogy (28%) ls tbe most common among re-
searcb entltles. Lacb blotecbno|ogy sector
ls composed o| sub-sectors. Czecb blotecb
companles most|y use ,Protelns and otber
mo|ecu|es as a blotecbno|ogy tecbnlque,
wbereas researcb entltles wlde|y use ,DNA/
PNA tecbnlque. Near|y two-tblrds o| enter-
prlses ln tbe Czecb blotecbno|ogy sector are
companles wltb up to 2O emp|oyees, wblcb ls
comparab|e wltb slml|ar rms ln otber deve|-
oped countrles. Tbe reason |or tbls ls partlcu-
|ar|y tbe |act tbat tbe blotecbno|ogy sector
requlres know-bow ratber tban manua| skl||s
and numerous emp|oyees.
Near|y one bundred blotecbno|ogy-orl-
ented rms were operatlng ln tbe Czecb
Pepub|lc ln 2OO7. Most o| tbese companles
are |ocated ln tbe Prague reglon (35%) and
tbe Soutb Moravla reglon (21%). |mpor-
tant blotecbno|ogy rms current|y operatlng
ln tbe Czecb Pepub|lc lnc|ude LX8|O Praba
and 8lovendor, wblcb deve|oped - and were
tbe rst ln tbe wor|d to market - sHLA-G
LL|SA dlagnostlc klts, wblcb lncrease
tbe probabl|lty o| success o| artlcla| lnsemlna-
tlon |rom 29% to 7O%. Tbe company CPN,
part o| tbe Contlpro Group, deve|oped tbe
wound-bea|lng preparatlon Hylodlne, wblcb
ls protected by a wor|dwlde patent. Hylodlne
can be used, |or examp|e, ln bea|lng masslve
ln|ected wounds or ln tbe treatment o| venous
u|ceratlons. 8loveta, Lnantls, Generl 8lotecb,
|.Q.A. and vldla are among tbe country's otb-
er success|u| blotecbno|ogy rms. Tbe Czecb
Pepub|lc ls a|so bome to a number o| waste-
treatment rms, sucb as Dekonta, Lartb Tecb
CZ, 8lodegradace and LentlKats, to name just
a |ew, tbat use metbods based on blotecbno-
|oglca| process. |t can be expected tbat ln |u-
ture tbls area o| blotecbno|ogy wl|| be o| great
lmportance, as empbasls on envlronmenta|
protectlon wl|| on|y contlnue to grow.
Tbat |orelgn blotecbno|ogy rms recog-
nlse tbe lmportance o| bavlng a presence ln
tbe Czecb Pepub|lc and trust tbe skl||s o|
tbe |oca| work|orce ls apparent ln tbe re|atlve|y
recent lnvestments made by |orelgn pbarma-
ceutlca| companles and lndependent lnves-
tors. Companles sucb as 8arr Pbarmaceutlca|s
(PL|vA-Lacbema), Lonza 8lotec, 8axter |nter-
natlona|, AstraZeneca, TLvA Pbarmaceutlca|s,
and 8eckman Cou|ter (|mmunotecb) are deve|-
oplng tbelr operatlons ln tbe Czecb Pepub|lc.
Tbere are rougb|y ten |arge and 15 sma||-
er pbarmaceutlca| companles ln tbe Czecb
Pepub|lc. Tbe country's blggest pbarmaceutl-
ca| producers are Zentlva, |vax Pbarmaceutl-
ca|s, Parmak and Spo|a, wblcb most|y produce
actlve pbarmaceutlca| lngredlents and gener-
lcs. Some o| tbe generlcs are verslons o| drugs
created ln-bouse wltb explred patent protec-
tlon. Some o| tbese |arge producers bave ex-
tenslve |ermentatlon experlence and bave
blgb-capaclty |ermenters. Wltb tbe exceptlon
o| Zentlva, no blotecbno|ogy-orlented Czecb
rms are |lsted on tbe stock market. Sma|| and
Seace. Czech |erech Reper 2007 Seace. Czech |erech Reper 2007
Biotechno|ogy rms in the
Czech Repub|ic by number of emp|oyees
Distribution of Czech biotech
companies' activities by sub-sector
Biotechno|ogy used by companies
and research entities
App|ications and e|ds
of operations ~biotechno|ogy
companies and research entities
Seace. PWC sradj, |erechne|egj |n rhe Czech Repah||c, 2007
1-5
37%
6-10
13%
16-20
6%
11-15
9%
21-50
17%
over 50
18%
7%
7%
8%
17%
11%
31%
19%
7% P|ant biotechno|ogy
8% Veterinary biotechno|ogy
17% Environmenta| biotechno|ogy
11% Biotechno|ogy of enzyms
31% Microbia| and ce||u|ar biotechno|ogy
19% Deve|opment of human and veterinary diagnostics, pharm
7% Deve|opment of genera| biotechno|ogies
DNA/RNA
DNA/RNA
Proteins and other mo|ecu|s
Proteins and other mo|ecu|s
Ce|| cu|ture and engineering
Ce|| cu|ture and engineering
Gene and RNA vectors
Gene and RNA vectors
Bioinformatics
Bioinformatics
Nanobiotechno|ogy
Nanobiotechno|ogy
Process biotechno|ogy techniques
Process biotechno|ogy techniques
Other
Other
Human hea|th/|arge mo|ecu|s
Human hea|th/|arge mo|ecu|s
Human hea|th/other
Human hea|th/other
Veterinary hea|th
Veterinary hea|th
GM agricu|ture biotechno|ogy
GM agricu|ture biotechno|ogy
non-GM agricu|ture biotechno|ogy
non-GM agricu|ture biotechno|ogy
Of natura| resources extraction
Of natura| resources extraction
Environment
Environment
lndustria| processing
lndustria| processing
Non-specic app|ication
Non-specic app|ication
Other
Other
Companies
Research entities
Companies
Research entities
16
160
159
140
76
26
16
36
26
11
119
2
10
26
15
3
15
61
18
102
13
35
2
29
5
80
3
15
23
66
9
15
7
47
11
115
7
medlum-slzed blotecbno|ogy rms can nd
app|lcatlons at varlous |eve|s o| new-drug de-
ve|opment. Wbereas on|y a |lmlted number o|
|arge companles are end-producers, researcb ls
tbe domaln o| prlmarl|y sma|| rms, wblcb ls
a|so true abroad. Tbe estab|lsbment o| a blgb-
qua|lty blotecbno|ogy lndustry depends maln|y
on qua|lty buman resources lnc|udlng botb
skl||ed researcbers and experlenced managers
tbat are ab|e to oversee tbe entlre enterprlse.
5uccessfu| C|usters
|n 2OO6, Contlpro lnltlated tbe estab|lsb-
ment o| tbe Nanomedlc medlca|-pbarmaceu-
tlca| c|uster, wblcb current|y bas 21 members
and tbe alm o| mutua| cooperatlon ls researcb
and deve|opment, productlon and dlstrlbu-
tlon o| products ln tbe area o| preparatlons
|or wound-bea|lng, rep|acement tlssue,
and preparatlons |or targeted dlstrlbutlon
o| drugs and |or gene tberapy. Nanomedlc's
vlslon |or tbe |uture lnc|udes estab|lsblng a scl-
ence and tecbno|ogy park.
Plve start-up blotecbno|ogy rms are |ocated
ln a bul|dlng owned by v|D|A and LX8|O ln
success|u||y operatlng, yet ln|orma|, buslness
comp|ex ln vestec u Praby. Tbese start-ups were
estab|lsbed at tbe |nstltute o| Mo|ecu|ar Genet-
lcs o| tbe Academy o| Sclence o| tbe Czecb Pe-
pub|lc, wltb wblcb tbey contlnue to cooperate.
Tbe Peglona| Deve|opment Agency o| Soutb
Moravla contrlbuted support to tbe estab|lsb-
ment o| tbe CL|TLC bloln|ormatlcs c|uster.
Tbe alm o| tbls project ls to bul|d a |unctlonlng
commercla| p|at|orm to comp|ement tbe re-
searcb envlronment. CL|TLC current|y asso-
clates 15 entltles, lnc|udlng 8lovendor, Lnan-
Compcx of bo|cchnoog, frm n Vc|cc u |rah,
^cv budng of |hc n||u|c of ôccuar Ccnc|c, SCR
>> 5ector focus
Porta| at www.gate2biotech.com
Tbe unlque Czecb blotecbno|ogy web-
slte at www.gate2blotecb.com ls tbe maln
guldepost and ln|ormatlon bub coverlng
a|| actlvltles ln tbe blotecbno|ogy sector
ln tbe Czecb Pepub|lc. Tbe webslte ls
an ldea| p|ace |or botb companles and ln-
stltutlons to nd Czecb contract partners
|or manu|acturlng or researcb and deve|-
opment, and skl||ed |abour, or just to get
tbe |atest news |rom tbe sector. Tbe web-
slte ls lntended to provlde an extenslve
overvlew o| blotecb companles, unlversltles,
lnstltutlons and academla ln tbe country.
Czech inventions that
have changed the wor|d
19
th
century
Gregor Mende| |ormu|ates tbe |aws
o| beredlty
1907
Dr. [an [ansky dlscovers tbe |ourtb b|ood
type
1959
[. Heyrovsky recelves tbe Nobe| Prlze
|or Po|arograpby
1961
Otto Wlcbter|e produces tbe rst so|t
ge| contact |enses
2001
Tbe PDA approves tbe antl-A|DS drug
vlstlde, deve|oped by Dr. Ho|y ln Prague
2002
Tbe PDA approves tbe bepatltls 8 drug
Hepsera, a|so deve|oped by Dr. Ho|y
2003
|so|atlon o| a new |lne o| embryonlc stem
ce||s
2004
|ndustrla| productlon o| nanobrous
non-woven materla|s
2004
Tbe PDA approves tbe antl-A|DS drug
Truvada, a|so deve|oped by Dr. Ho|y
2005
Deve|opment o| tbe LL|SA dlagnostlc klt,
wblcb ralses tbe |lke|lbood o| success|u|
artlcla| lnsemlnatlon |rom 25-29% to
6O-7O%
2005
Czecb sclentlsts exp|olt nanoe|ements
ln order to treat cancer patlents
C2cch bo|cchnoog, ga|cva, a| vvv.ga|c2bo|cch.com
tls, tbe 8lopbyslca| |nstltute o| tbe Academy
o| Sclences o| tbe Czecb Pepub|lc, tbe Pacu|ty
o| Natura| Sclences at Masaryk Unlverslty and
otbers.
Tbe blotecb c|uster ln Soutb 8obemla around
Nove Hrady (Centre o| 8lo|oglca| Tecbno|o-
gles) ls a|so o| great lnterest. Tbls reglon bas
tradltlona||y |eatured state-o|-tbe-art lnstltutes
and companles |ocused on envlronmenta|
and agrlcu|tura| lssues. Tbls tradltlon ls now
deve|oplng lnto a tecbno|ogy p|at|orm wltb
support |rom tbe Unlverslty o| Soutb 8obemla,
|nstltute o| Pbyslca| 8lo|ogy and otber researcb
lnstltutes and prlvate companles.
As lts name lmp|les, tbe Water Treatment
A||lance ls an assoclatlon o| companles oper-
atlng ln tbe area o| water |tratlon and treat-
ment. Tbese companles o||er tbelr customers
comprebenslve so|utlons comprlslng tecbno|o-
gles |or water-treatment p|ants. Tbe a||lance's
members a|so lnc|ude two unlversltles tbat
provlde cooperatlon ln tbe areas o| tecbno|ogy
trans|er and researcb and deve|opment.
Mar|n Par|, Czech|nzesr
u|ra|vc pho|o
8 >> 6ountr focus
French Investors savour not onI 6zech snaIIs,
hut aIso the 6zech cocktaII of hIh economIc
roWth, moderate InatIon and IoW taxes
1ho shuro ol lronch droct nvostmont n tho Czoch kopubc's totu voumo
ol lorogn nvostmont runkod lrunco n sovonth puco n 2000. 1ho turnng
pont cumo n 200l, vhon Soct Conoro docdod to purchuso 60%
ol Komocn bunku, u oudng Czoch bunk, und tho compunos Vvondy
und Angun \utor ucqurod Pruzsk vodovody u kunuzuco.
Tbanks to tbese lnvestments, Prance became
tbe |ourtb |argest lnvestor ln tbe Czecb Pepub-
|lc, a posltlon lt stl|| bo|ds today. Tbe jolnt lnvest-
ment o| PSA o| Prance and tbe [apanese carmaker
Toyota (TPCA) va|ued at LUP 1.3 bl||lon undoubt-
ed|y contrlbuted to tbe country's blgber ranklng
among |orelgn lnvestors.
Slnce 2OO5, wben tbe TPCA p|ant reacbed |u||
productlon capaclty, lt bas produced 3OO,OOO cars
per year, wbereas more tban 9O% o| productlon
ls lntended |or export. TPCA's actlvltles contrlb-
ute to tbe |avourab|e trade ba|ance wltb Prance,
and tbus 2OO5 was tbe breaktbrougb year ln trade
re|atlons. Slnce tben, tbe Czecb Pepub|lc bas man-
aged to malntaln a posltlve trade ba|ance, wblcb
lndlcates tbat |orelgn lnvestors are cbooslng tbe
Czecb Pepub|lc to meet tbe needs o| not on|y tbe
|oca| market, but entlre Luropean market.
French investors prefer
partnerships in the Czech Repub|ic
|| we take a c|oser |ook at tbe structure
o| Prencb lnvestments ln tbe Czecb Pepub|lc,
we wl|| see tbat tbe great majorlty o| tbese
lnvestments represent caplta| entry lnto Czecb
companles or jolnt ventures. Tbe Prencb de-
mand a rate o| return on rlsk tbat ls mucb blgb-
er tban any otber lnvestors. Tbey pre|er to en-
ter lnto partnersblps wltb companles tbat tbey
know and wltb wblcb tbey bave estab|lsbed
(o|ten |ong-term) cooperatlon. Prencb ln-
vestors bave a strong presence ln tbe Czecb
Pepub|lc, even tbougb lt ls o|ten bldden be-
blnd Czecb names. Tbls ls conrmed by recent
researcb conducted by tbe Prencb embassy,
wblcb dec|ares tbat ln tbe Czecb Pepub|lc tbere
are more tban 4OO companles wltb Prencb capl-
ta| emp|oylng rougb|y 7O,OOO peop|e.
lnvestment across a|| sectors
We can nd Prencb lnvestments ln practlca||y
every sector o| tbe Czecb economy, tbougb prl-
marl|y ln tbe automotlve lndustry and re|ated
sectors, ln constructlon and ln nancla| servlces.
One o| tbe rst lncomlng lnvestors to take
advantage o| tbe opportunltles presented
by prlvatlzatlon ln 1993 was Scbnelder L|ectrlc
Plsek, wblcb ls |ocused on manu|acturlng e|ec-
tromecbanlca| lnstruments lntended prlmarl|y
|or tbe g|oba| market. Slnce lt entered tbe Czecb
Pepub|lc, tbe company bas lnvested rougb|y
CZK 63O ml||lon ln a modern p|ant, wblcb em-
p|oys 8OO workers and ls among tbe Scbnelder
L|ectrlc group's Luropean |argest p|ants.
Tben entrance o| TPCA lnto tbe Czecb
Pepub|lc meant not on|y an lnvestment wortb
ml||lons o| euros, but a|so a |arge vo|ume
o| order |or automotlve-components supp|l-
ers. One o| tbe most slgnlcant manu|actures
Sna - a |rad|ona pcca|, of frcnch cunc. n|crc|ng,,
|hc C2cch frm Snacx |u rac |hcc dccacc n |hc C2cch
Rcpubc and cxpor| |hcm |o francc. Thc compan,' produc|
na vcr) cvcn rcccvcd an avard a| |hc n|crna|ona food
|radc far n Don.
o| auto parts ls tbe Prencb company Paurecla,
wblcb at tbe end o| |ast year opened lts
seventb |actory ln tbe Czecb Pepub|lc ln
tbe Soutb 8obemlan town o| Plsek. Tbe p|ant,
ln wblcb tbe company lnvested LUP 5O ml||lon,
produces door pane|s, seat |rame and exbaust
systems. |n tota|, Paurecla bas lnvested near|y
CZK 4 bl||lon ln tbe Czecb Pepub|lc.
Tbe companles Llsl Automotlve, L|ec-
tropo|l Groupe and Lacbant Sprlng bave more
ln common tban just tbe |act tbat tbey
operate ln tbe automotlve sector. Tbey a|so
entered tbe Czecb market by acqulrlng a Czecb
partner. L|ectropo|l Groupe a two-tblrds sbare
o| tbe Czecb rm Ga|vla, Lacbant Sprlng tbls
year purcbase a sbare ln tbe Martls Provna
and Llsl Automotlve took over a 97% sbare
ln Porm, wblcb specla|lzes ln tbe productlon
o| lnstruments and co|d |ormlng o| components.
Llsl Automotlve ls a|so current|y undertaklng ln-
vestments ln tbe Soutb Moravla reglon.
va|eo, a manu|acturer o| automotlve acces-
sorles, bas tbree |actorles n tbe Czecb Pepub-
|lc as we|| as a tecbno|ogy center engaged ln
tbe deve|opment o| 3D computer mode|lng
o| automotlve alr-condltlonlng systems and
contro| pane|s. Anotber Prencb automotlve
rm tbat bas expanded lts productlon pro-
gramme wltb new tecbno|ogles ls Hutcbln-
Seace. Czech|nzesr, 2007
Nere. Se|ecred |nzesres |n p|e|rj secres
5AlNT-GOBAlN
THUA5NE CR
OLDHAM C5
ACTARl5
TOYOTA
PEUGEOT
ClTROEN
CEGELEC
FlLEC EUROPE
CENTRALE
lMMUNOTECH
5ANOFl - AVENTl5
Automotive
Aerospace
Engineering
Biotechno|ogy /
medica| devices
E|ectronics
G|ass
A.RAYMOND jABLONEC
FAUREClA EXHAU5T 5Y5TEM5
BONTAZ CENTRE CZ
LETOV-LATECOERE
MECATHEYLOR
VALEO
5AlNT-GOBAlN
MECAPLA5T
HUTCHlN5ON
THERMO
ELECTRON
FAUREClA
AL5TOM ENERGY
FAUREClA
lRl5BU5 FRANCE
5AlNT-GOBAlN
M.L.5. HOLlCE
5AlNT-GOBAlN
5AFT FERAK
5lMU RT
5AlNT-GOBAlN
ARMOR
LECOTEX
FAUREClA 5CHNElDER ELECTRlC
FAUREClA
VALEO VYMENlKY TEPLA
POCLAlN HYDRAULlC5
CARGO VAN
AL5TOM POWER
CARBONE LORRAlNE
ADD5 & DC5
lNTERNATlONAL
5e|ected French investors in the Czech Repub|ic
9 >> 6ountr focus
son, wblcb emp|oys approxlmate|y 8OO peop|e
ln Pokycany. Tbe port|o|lo o| Prencb manu|ac-
tures present ln tbe Czecb Pepub|lc ls a|so grow-
lng wltb tbe addltlon o| Salnt-Gobaln, wblcb
Hoovlce produces automotlve g|ass |or mld-
slzed and |uxury cars. 8esldes tbe automotlve
lndustry, Salnt-Gobaln ls a|so actlve ln construc-
tlon. |n 2OO5, SG bougbt tbe company W.A.W.A.
- Keramlka, wblcb ls number two on tbe Czecb
market ln tbe area o| sanltary and |aclng materl-
a|s. Tbe company's very posltlve resu|ts ln tbls
area (constructlon materla|s) |ed Salnt-Gobaln
|ast year to estab|lsb P|at|orma, a wbo|esa|er
o| bul|dlng materla|s |or pro|esslona|s.
Otber Prencb rms contrlbutlng to tbe
growtb ln tbe constructlon lndustry are vlncl,
wblcb bas a contro||lng lnterest ln Stavby sl|nlc,
ze|eznlc and Prmstav, tbe cement-maker La-
|arge, and Knau| |nsu|atlon, wblcb supp|y bul|d-
lng-lnsu|atlon systems.
Tbe tbe Prencb sbare o| tbe banklng sector
ls domlnated by Soclt Genera|e, tbe Czecb
Pepub|lc ls bome to a range o| otber, sma||er ln-
vestments. vo|ksbank o| Austrla ls represented
by Prencb capplng |rom 8anque Popu|alre, and
8NP Parlbas ls better know ln tbe Czecb Pepu-
blc tbrougb lt o||sboot Cete|em, a |oan provlder.
Codls ls engaged ln tbe same buslness actlv-
lty, as lt ls a credlt provldlng |oans by te|epbone.
Anotber examp|e o| tbe Prencb presence ln tbe
|oca| nancla| market AXA Asslstance, wblcb
- as lts names lmp|les - ensures asslstance serv-
lces re|ated to automobl|e and trave| lnsurance.
Czech media in French hands
Tbe |eader ln tbe Czecb prlvate radlo
broadcastlng market ls tbe Prencb group
Lagardere Aktlve Padlo |nternatlona|, wblcb
declded to capture tbe CLL market ln tbe
199Os. Tbe group operates tbe blggest radlo
statlons ln tbe Czecb Pepub|lc, Prekvence 1
and Lvropa 2, and pub|lsbes Czecb verslons
o| L||e and Maxlm magazlnes.
Wltb regard to sopblstlcated lnvestments
|rom Prance, we can mentlon A|tran, wblcb
o||ers lnnovatlon productlon-process so|u-
tlons |or lndustrla| companles. Tbe Pranco-
Czecb jolnt venture ADDS/DSC ls lnvo|ved
ln bloln|ormatlcs, meanlng tbat lt tests
and eva|uates substances and mo|ecu|es
ln pbarmacy wltb tbe use o| sopblstlcated
statlstlcs programmes. Headquartered
ln 8rno, tbe company was began wltb ten em-
p|oyees two years ago and ls current|y p|an-
nlng to expand and at |east doub|e lts sta||.
|n 2OOO Letov |etecka vyroba became
a part o| Groupe Latecoere o| Prance. Over
tbe |o||owlng seven years, tbe company trlp|ed
tbe number o| lts emp|oyees and expanded lts
productlon capaclty ln order to supp|y Alrbus,
Lmbraer and Dassaut Avlatlon.
|| you |ose your |uggage wben hylng, contact
Prague brancb o| Team Tracker, a ca|| center
operatlng ln 17 |anguages and provldlng support
to alr|lnes ln cases o| |ost or damaged |uggage.
Edith Piaf |med in Prague
|nvestments ln tbe |m lndustry can
undoubted|y be lnc|uded among lnvestment
wltb added va|ue. Tbe Czecb Pepub|lc can
be recognlzed ln numerous |orelgn-pro-
duced |ms. Tbere are severa| reasons wby
tbe Czecb Pepub|lc ls known as tbe Ho||y-
wood o| Centra| Lurope. Productlon costs
bere are on average two tlme |owers tban
ln |orelgn |mmakers' bome countrles, wbl|e
|oca| |m studlos o||er top-qua|lty equlpment
and personne|. Last year, two |ms by |ead-
lng Prencb producers were |med ln Prague,
tbe rst o| wblcb, Paubourg 36, ls set ln Parls
at tbe tlme o| tbe Peop|e's Pront. Dlrector
Cbrlstopbe 8arratler recognlzed tbat, ln ad-
dltlon to costs (bul|dlng a Parlslan quarter
was paradoxlca||y cbeaper ln Prague tban
ln Parls), tbe blgb standard o| |lvlng tbere a|so
p|ayed a slgnlcant ro|e. Tbe second Prencb
|m sbot ln Prague ln 2OO7 was dlrector
O|lvler Daban's Oscar-wlnnlng Ldltb Pla|
- Le Mme.
Tbe Czecb Pepub|lc o||ers count|ess
opportunltles |or |orelgn lnvestors and tbus
appea|s partlcu|ar|y to Prencb lnvestors wbo
are conslderlng tastlng tbe Czecb cocktal|
comprlslng slx-percent economlc growtb,
moderate lnhatlon, |ow taxes, an educat-
ed work|orce and |avourab|e |ocatlon at
be center o| tbe Luropean market.
C2cch ambaador |avc fcr n fron| of |hc Lffc Tovcr
v|h Lou Cao, gcncra drcc|or of rbu.
WHAT DO LOOK OUT FOR WHEN
DEALlNG WlTH A FRENCH PART-
NER, OR A FEW CULTURAL TlP5:
Be carefu| with |anguage - your rst

contact wltb a Prencb partner sbou|d be
ln Prencb. Tbe Prencb are very proud o|
tbelr |anguage and at tbe beglnnlng pre|er not
to use anytblng but tbelr motber tongue.
Patience above a|| e|se - tbe Prencb are

lndeclslve and lt takes a re|atlve|y |ong tlme
to convlnce tbem o| tbe advantages o| coop-
eratlon. |t ls necessary to capture tbelr lnter-
est ln order to galn tbelr trust.
Three vacations a year - l| you are

p|annlng to lnvlte a Prencb partner to your
country or to vlslt bls, lt ls necessary to take
tbe Prencb ca|endar lnto account. Durlng
tbe summer bo|lday season, tbe wbo|e
o| Prance trave|s soutb to tbe sea, wbl|e
ln wlnter tbey descend on skl resorts. |n addl-
tlon, tbe Prencb |lke to use bo|ldays |a||lng on
a day ln tbe mldd|e o| tbe week as a brldge,
meanlng tbey tbe glven bo|lday to tbe week-
end by taklng vacatlon or slck days.
Time perception - ln Prance, punctua|-

lty ls not a blgb prlorlty. Wbereas tbe typlca|
grace perlod ln Czecb Pepub|lc ls |teen mln-
utes, ln Prance lt ratber a ba||-bour or |onger.
Proper se|ection of meeting times

- |or tbe Prencb, |ood ls a very lmportant part
o| |lve, so do not expect tbem to glve up tbelr
two-bour |uncb breaks. |t ls lnapproprlate
to scbedu|e a meetlng between 11.OO a.m.
and 2:OO p.m. |t can bappen tbat you wl|| not
manage to cover tbe glven matter be|ore
|uncb and your counterpart wl|| |ee| gul|ty
|or not lnvltlng you to |uncb.
How to negotiate - durlng negotlatlons,

lt ls not consldered clvl| to go stralgbt to
tbe matter at band. Persona| contact ls lmpor-
tant to tbe Prencb, wbo |ee| tbe need to get
to know your, wblcb ls a|so re|ated to bul|d-
lng trust. Tbere|ore, you sbou|d be prepared
to dlscuss your bobbles, studles or, |or exam-
p|e, |ootba||.
How to make contact - lnltla| contact

vla e-mal| ls not sultab|e. |t ls mucb better
to use tbe te|epbone, ln wblcb case you
wl|| exp|aln (ldea||y ln Prencb) your purpose
to your counterpart. || lt ls necessary
to present materla|s, a prlnted brocbure ls
pre|erab|e to a presentatlon on a CD.
5trikes are a nationa| sport ln wblcb

tbe Prencb engage severa| tlmes a years
|or varlous |engtbs o| tlme. Por tbe Prencb,
strlkes represent tbelr rlgbt to express dlsa-
greement and as sucb sbou|d be respected.
8eware o| exaggerated crltlclsm o| strlkers
wbo cause your hlgbt to be de|ayed, |or ex-
amp|e, because tbe Prencb wl|| not under-
stand your aggravatlon.
|za R|ha|||e, Czech|nzesr
Cootoct to Czechlorest's freoch o[ce:
-ma||. pa|s@czech|nzesr.eg
7e|.. +33 ! 56 24 87 72
Cenre rcheqae, !8, ae enapare
|-75006 Pa|s, |ance
Deve|opment of the trade
ba|ance with France
Seace. Czech Srar|sr|ca| 0jjce, 2007
5 000
4 500
4 000
3 500
3 000
2 500
2 000
1 500
1 000
500
0
2000 2001 2002 2003 2004 2005 2006 1999 2007
import
export
10 >> 8us|ness 6||mate
FInd success In the 6zech euhIIc
WIth the 0eratIonaI Froramme
EnterrIse and lnnovatIonl
FInancIaI $uort for 8usInesses
A dynamlc buslness
envlronment creates
condltlons |or success|u| start-ups and deve|op-
ment o| competltlve rms tbat create new jobs
and strengtben tbe country's economlc and
socla| cobeslon.
Some programmes are aval|ab|e on|y
to sma|| and medlum-slzed enterprlses,
wbl|e otbers a|so provlde support to |arge
enterprlses. Pundlng comes part|y |rom tbe
Luropean Peglona| and Deve|opment Pund
(85% o| tbe tota| a||ocatlon) and part|y
|rom tbe state budget (15%) o| tbe Czecb
Pepub|lc. Programmes are c|assled ac-
cordlng to lndlvldua| prlorlty axes. Majorlty
o| programmes ls admlnlstered by Czecb|n-
vest, wbereas tbree o| tbem are managed
by tbe Czecb-Moravlan Guarantee and Deve|-
opment 8ank (|or more ln|ormatlon on tbese
programmes, p|ease vlslt www.cmzrb.cz).
Plve new ca||s bave been announced tbls year
on tbe Mlnlstry o| |ndustry and Trade
and Czecb|nvest websltes. Pecelpt o| Peglstra-
tlon App|lcatlons |or tbe majorlty o| tbese ca||s
wl|| begln on 1 Marcb 2OO8. App|lcants must
rst reglster vla tbe eAccount lnternet app|lca-
tlon, wblcb enab|e tbe submlsslon o| projects
on|lne. Tbe on|lne 24-bour access reduces
tbe admlnlstratlve burden and makes tbe proc-
ess o| band|lng subsldy app|lcatlons more e|-
lor tho porod 2007-20l3 un uocuton ol LLk 3,04l.3l mon hus boon propurod
lor tho Cporutonu Progrummo Lntorprso und lnnovuton tCPLl, vhch roprosonts
ll.75% ol tho totu uocuton ol LL lnuncu rosourcos lor tho Czoch kopubc. Appcunts
cun prosont thor proocts lrom tho munulucturng ndustry und routod sorvcos vhon
ndvduu cus lor progrummos uro unnouncod und oponod. An mportunt gou ol CPLl
s mprovomont ol tho Czoch kopubc's busnoss onvronmont us ono ol tho koy oomonts
ol tho luturo succosslu dovoopmont ol tho domostc oconomy.
u|ra|vc pho|o
clent. App|lcants must rst estab|lsb a master
account tbrougb wblcb lndlvldua| projects can
tben be created. A|| necessary ln|ormatlon
and documents re|ated to grant app|lcatlons
are submltted e|ectronlca||y tbrougb eAccount.
However, every document must be e|ec-
tronlca||y slgned and lt ls tbere|ore necessary
tbat app|lcants bave an e|ectronlc slgnature.
|nstructlons |or creatlng a master account
ln tbe eAccount app|lcatlon can be |ound
at www.czecblnvest.org. Tbe app|lcatlon ls cur-
rent|y on|y aval|ab|e ln Czecb.
Slnce preparlng lndlvldua| projects |or grant
app|lcatlons can be re|atlve|y tlme-consumlng,
a blgb-qua|lty buslness p|an ls a |undamenta|
key to success, as ls tbe app|lcant's abl|lty
to lmp|ement and nance tbe project. Once
tbe buslness p|an ls prepared on tbe Czecb|n-
vest and Mlnlstry o| |ndustry and Trade web-
sltes, ln|ormatlon on posslb|e support |rom
tbe programmes as we|| as tbe current|y
open ca||s can be obtalned.
Lvery ca|| specles tbe baslc condltlons
va|ld |or tbe partlcu|ar ca||. Some condltlons
are tbe same |or a|| programmes as tbey are
derlved |rom Luropean ru|es |or reglona|
po|lcy. An examp|e o| sucb a condltlon ls
tbat projects lmp|emented ln Prague cannot
be supported. Projects a|so must not vlo|ate
tbe Luropean borlzonta| po|lcles and tbelr
baslc prlnclp|es, partlcu|ar|y equa| opportu-
nltles |or men and women and sustalnab|e
deve|opment. One very lmportant condl-
tlon ls tbe nancla| bea|tb o| tbe app|lcant.
Upon submlsslon o| tbe Peglstratlon App|l-
catlon, tbe app|lcant must a|so submlt nan-
cla| data |or tbe past two years (two c|osed
accountlng perlods), base on wblcb ratlng
eva|uatlon ls tben ca|cu|ated. A|| app|lcants
must bave at |east a C+ eva|uatlon. Otber
e|lglbl|lty condltlons are |urtber specled
ln lndlvldua| ca||s.
u|ra|vc pho|o
tant condltlons |or project e|lglbl|lty ln-
c|ude tbe creatlon o| a mlnlmum number
o| new jobs dependlng on tbe type o| ac-
tlvlty and tbe slze o| tbe enterprlse. Pur-
tbermore, a mlnlmum lnvestment amount
o| up to CZK 5 ml||lon ls requlred. A|so |or
tbls programme, tbe condltlon pertalnlng
to tbe nancla| bea|tb o| tbe app|lcant
can be |u|||ed ln tbe case o| new|y cre-
ated entltles by tbe entlty (entltles) bavlng
a contro||lng lnterest ln tbe app|lcant.
Rea| estate ~ ca|| l
Tbe rst ca|| o| tbe Pea| Lstate Pro-
gramme, wblcb ls open to enterprlses
o| any slze, supports preparatlon o| lndus-
trla| zones, renovatlon o| bul|dlngs and,
to some extent, constructlon o| renta|
bul|dlngs ln tbe manu|acturlng sector
or buslness support servlces and tecb-
no|ogy centres. Costs re|atlng to, |or ex-
amp|e, project documentatlon, purcbase
prlce o| property, |and preparatlon, con-
structlon and renovatlon o| buslness prop-
ertles, demo|ltlons o| unused bul|dlngs
or tecbnlca| and transportatlon ln|ra-
structure are c|assled as e|lglb|e |or sup-
port under tbls ca||. However, tbe users
o| tbe property must operate ln tbe
manu|acturlng lndustry, buslness support
servlces or tecbno|ogy centres sector.
A property tbat ls e|lglb|e |or support
must be under tbe ownersblp o| tbe bene-
clary. Lnterprlses wltb two years' blstory
o| buslness actlvlty can app|y wltbln tbls
programme. Projects must be ln comp|l-
ance wltb tbe |and-use p|an.
Potentia| programme ~ ca|| ll
Tbe second ca|| o| tbe Potentla| Pro-
gramme was |auncbed on 2 [anuary
2OO8 and tbls tlme lt a|so app|les to |arge
enterprlses. Wltbln tbls programme,
support can be obtalned |or lnvestment
ln tbe estab|lsbment or expanslon o| de-
ve|opment centres (departments) almed
at researcb, deve|opment and lnnovatlon
o| products and tecbno|ogles. Sucb cen-
tres sbou|d contrlbute to tbe lntroduc-
tlon o| tecbno|oglca||y new or lmproved
products, product |lnes, productlon
processes and tecbno|ogles. However,
tbere must be a rea|lstlc expectatlon tbat
tbe glven centre's resu|ts wl|| be used ln
productlon. Tbe most lmportant condltlon
o| tbe project's e|lglbl|lty ls mlnlmum ln-
vestment ln tbe amount o| CZK 5 ml||lon
(CZK 1O ml||lon |or |arge enterprlses).
Un|lke otber programmes, a new|y creat-
ed Czecb entlty can app|y |or support un-
der tbe condltlon tbat tbe nancla| bea|tb
o| tbe entlty (entltles) bavlng a contro||lng
lnterest ln tbe app|lcant ls eva|uated.
lCT and B55 ~ ca|| l
Tbe rst ca|| o| tbe |CT and 8uslness Sup-
port Servlces Programme ls a|so opened
to |arge enterprlses. Creatlon and de-
ve|opment o| |S/|T so|utlons and app|lca-
tlons (SW deve|opment), sbared servlces
centres, customer contact centres and
blgb-tecb repalr centres |or products
and tecbno|ogles are actlvltles supported
wltbln tbls programme. Tbe most lmpor-
Training centres ~ ca|| l
Wltbln tbls programme, companles can app|y
|or subsldles re|atlng to lnvestment ln tbe con-
structlon, renovatlon, acqulsltlon or equlpment
o| tralnlng centres or tralnlng rooms. Tbe alm
o| tbe programme ls to support entltles tbat
strlve to create a qua|lty background |or edu-
catlon. However, tbere ls tbe condltlon tbat
tbe majorlty o| emp|oyees educated ln tralnlng
centres must be tbose o| companles operatlng
ln e|ds preclse|y dened ln tbe ca||. Support
can be obtalned |or costs assoclated wltb, |or
examp|e, tbe purcbase or modlcatlon o| prop-
erty, constructlon or renovatlon o| bul|dlngs,
tecbnlca| and transport ln|rastructure, project
documentatlon, tralnlng too|s, macblnery and
equlpment and lntanglb|e assets.
lnnovation ~ projects for
protection of industria|
property rights ~ ca|| l
Tbls programme supports and contrlbutes
to tbe protectlon o| lntanglb|e assets. Wltbln
tbe rst ca|| o| tbls programme, a subsldy ln
tbe maxlmum amount o| CZK 3OO tbousand
can be obtalned |or acqulsltlon o| patents, utl|lty
mode|s, lndustrla| deslgns and protected trade-
marks (on|y abroad). Por tbls partlcu|ar ca||,
on|y sma|| and medlum-slzed enterprlses and
natura| persons, pub|lc researcb lnstltutes and
unlversltles can app|y. However, prlor to sub-
mlttlng tbe app|lcatlon at tbe re|evant natlona|
or lnternatlona| lndustrla| property o|ce, lt ls
necessary to submlt tbe subsldy app|lcatlon.
M|cha|a Harez, Czech|nzesr
Irust Manaement
ManaIn Iour 8usIness EffectIveI
Huvo you ovor consdorod tho possbty ol cuttng costs by outsourcng
tho munugomont ol your compuny: Do you knov thut you cun run your
busnoss n u lorogn country vthout puttng n puco u ocu CLC und
thus oporuto your compuny vrtuuy lrom your homo country: Mr kudol
Vrostu, Munugng Droctor ol AS Pruguo oxpuns tho mun udvuntugos
ol runnng your duy-to-duy busnoss through so-cuod 1rust Munugomont.
ls Trust Management suitab|e
for your business!
Trust Management cou|d be slmp|y ex-
p|alned as tbe outsourclng o| a company's
management to a |oca| Trust Manager wltb
pro|esslona| skl||s and a senlor-|eve| manage-
rla| experlence.
Tbe scope o| work o| tbe Trust Manager
may vary accordlng to tbe buslness concept.
Tbe Manager can cooperate wltb tbe c|lent
on management, take broader responslbl|lty
|or a brancb, or even estab|lsb a new entlty.
Tbe maln benets o| a Trust Manager are
a comblnatlon o| bls exce||ent know|edge
o| tbe |oca| market and tbe e||ectlve a||oca-
tlon o| costs, says Pudo|| vresta| and adds:
We assume a |labl|lty |or our managers to
cover any potentla| rlsks |or tbe c|lent by ex-
ecutlng a servlce agreement wltb tbe c|lent.
Desplte tbe many advantages, tbls concept
ls not sultab|e |or every part o| buslness.
Trust servlces essentla||y cover a prlmary
company's operatlons sucb as admlnlstra-
tlon, accountlng, |ega| lssues and, na||y,
tbe company's management. |t a||ows tbe
c|lent to |ocus on bls core buslness lnstead
o| spendlng too mucb tlme on operatlve de-
clslons. Trust Management ls tbere|ore typl-
ca||y used by lnvestors wbo estab|lsb or ex-
pand tbelr buslness ln tbe Czecb Pepub|lc and
|or wbom p|aclng tbelr own CLO on slte
wou|d be too comp|lcated, uneconomlca|
and tlme-consumlng.
Why do you need an experienced
representative for |ega| issues!
|n order to |u||y understand tbe contrlbu-
tlon o| tbe Trust Manager, |et us take a |ook at
tbe baslc |ega| requlrements needed to |orm
an entlty ln tbe Czecb Pepub|lc.
Plrst o| a||, eacb company estab|lsbed under
Czecb |aw ls to appolnt at |east one person
to represent tbe company vls--vls tblrd par-
tles. Tbls person ls ca||ed eltber tbe Lxecutlve
(jednate|), ln tbe case o| |lmlted |labl|lty compa-
nles, or tbe Member o| tbe board o| dlrectors
(c|en predstavenstva) ln tbe case o| jolnt-stock
companles. Tbe Trust Manager represents
tbe company vls--vls tblrd partles, lnc|ud-
lng state autborltles sucb as tbe nancla| o|-
ce, trade o|ce, |abour o|ce, socla| securlty
and bea|tb lnsurance companles, and tbe com-
mercla| court ln corporate reglstratlon matters.
Tbe Trust Manager takes care o| tbe com-
pany's accountlng matters and ls |ega||y |l-
ab|e |or tbe accuracy o| tbe company's ac-
counts. Upon lndlvldua| agreement wltb tbe
c|lent, accountlng servlces can be per|ormed
by tbe servlce company ltse||. || tbe c|lent
decldes to nance lts acqulsltlon actlvltles
tbrougb externa| nanclng, tbe Trust Manag-
er can asslst blm ln varlous transactlons and
o||er contacts at tbe maln nancla| lnstltu-
tlons on tbe Czecb |endlng market.
|n terms o| tax reportlng, tbe Trust Manag-
er ls responslb|e |or due and tlme|y prepara-
tlon and |lng o| annua| tax reports, perlodl-
ca| lncome tax and vAT |lngs, and provldlng
|u|| cooperatlon wltb tbe tax autborltles
ln tbe event o| regu|ar accountlng contro|s.
Pea|lzlng a|| |ega| steps tbat are to be
undertaken anyway, you natura||y |ook
|or a slmp|e so|utlon tbat |u||s necessary
regu|atlons accordlng to Czecb |egls|atlon
and keeps your expenses at a mlnlmum.
Tbe alm o| trust servlces ls to provlde you
wltb tbe most optlmlzed so|utlon, summa-
rlzes Pudo|| vresta|.
Why is Trust Management
so cost-efcient!
Genera||y speaklng, Trust Management ls
an e|clent way o| runnlng a c|lent's busl-
ness, yet remalns under tbe c|lent's |u||
contro|. 8y uslng a Trust Manager, lnvestors
save costs on personne| expenses, lnc|ud-
lng beadbunters, blgb sa|ary requlrements
and otber extra expenses assoclated wltb
supportlng Czecb CLOs (car, pbone, |T sup-
port), tbey can |urtber benet |rom trans-
port and |oglstlcs savlngs and, ln tbe end,
become mucb more tlme-e||ectlve.
A declslon to use a Trust Manager re|les
on tbe c|lent's condence ln tbe servlce
company and lt works best ln a |ong-term
buslness re|atlon. On tbe Czecb market,
tbls buslness ls not yet as common as lt ls
ln some otber market economles. However,
tbere are some we||-estab|lsbed trust serv-
lce companles bere a|ready.
Why A5B wins the trust
AS8 Prague, ls sucb a company. Slnce 2OO1,
tbls Czecb consu|tlng company bas been pro-
vldlng lts c|lents wltb a wlde range o| corpo-
rate, accountlng and personne| servlces. AS8
ls specla|lzed ln Trust Management tbat bas
been prlmarl|y used by |orelgn rea| estate
|unds. However, tbls servlce ls now becom-
lng more popu|ar wltb |orelgn and domestlc
companles lnvestlng ln otber e|ds and uslng
dl||erent |eve|s o| trust servlces.
Trust Management substltutes tbe |unctlon
o| a contlnuous supervlslon over tbe c|lent's
|oca| buslness lnterests. C|lents can tben |ocus
on |urtber lnvestment posslbl|ltles ln tbe se-
cure know|edge tbat tbelr Czecb buslness op-
eratlons wl|| be under tbe pro|esslona| contro|
o| tbe AS8 managers. Tbese pro|esslona|s ensure
smootb runnlng o| a buslness on one band, and
regu|ar reportlng wltb a blgb |eve| o| condence
on tbe otber, says Pudo|| vresta|, be|ore re-
vea|lng tbe maln secret o| bls company: An lndl-
vldua| c|lent approacb
and new, comp|ex, so-
|utlons are tbe crucla|
polnts o| our pbl|oso-
pby: 'A|ways Smart
8uslness'.
Rade|j Vesra|,
Manag|ng D|ecre,
AS Pagae
Contact:
AS8 Prague, s.r.o
v Ce|nlcl 1O31/4, Praba 1, 11O OO
Czecb Pepub|lc
L-mal|: asbprague@asbprague.com
Pbone: +42O 224 931 366
Pax: +42O 224 931 368
u|ra|vc pho|o
13 >> vents
6zechlnvest and kFl reconIse the most
Imortant Investments In the 6zech euhIIc
Moro thun 200 spocusts, lorogn und Czoch nvostors und roprosontutvos ol u rungo ol mnstros
cumo togothor ut tho ond ol ust your n tho kusk udng ol Lnvorsty ol Lconomcs n Pruguo
on tho occuson ol tho lnvostor ol tho Your 2006 uvurds coromony. 1ho sovonth odton ol ths prostgous
compotton vus orgunsod by tho Assocuton lor lorogn lnvostmont und Czochlnvost n cooporuton
vth tho Purtnorshp to Support lorogn Droct lnvostmont n tho Czoch kopubc. 1ho ovont vus hod
undor tho uuspcos ol tho Mnstry ol lndustry und 1rudo ol tho Czoch kopubc.
Tbe purpose o| tbe competltlon was to glve
recognltlon to tbe most lmportant lnvestment
projects o| 2OO6. ,|nvestors brlng to tbe Czecb
Pepub|lc not on|y nanclng and new jobs, but a|so
new tecbno|ogles and experlence wltb lnterna-
tlona| markets tbat o||er tbe greatest benets
|or tbe Czecb Pepub|lc, sald A|exandra
Pudysarova, actlng CLO o| Czecb|nvest.
,|n recent years, tbe Czecb Pepub|lc bas be-
come an lncreaslng|y attractlve |ocatlon par-
tlcu|ar|y |or tecbno|oglca||y demandlng projects
requlrlng blgb|y skl||ed and re|lab|e specla|lsts,
adds Martln S|aby, cbalrman o| tbe Assoclatlon
|or Porelgn |nvestment (AP|).
Durlng tbe ga|a evenlng, wlnners were an-
nounced ln |our categorles: Greatest Lconomlc
8enet - Manu|acturlng |ndustry, Greatest
Lconomlc 8enet - 8uslness Support Servlces,
|nvestment wltb tbe Greatest |nnovatlon Po-
tentla| and Supp|ler o| tbe Year, wblcb recognlses
tbe most lmportant supp|lers to mu|tlnatlona|
corporatlons. Tbe Specla| Prlze o| tbe Assocla-
tlon |or Porelgn |nvestment was a|so presented.
Companles tbat announced tbelr lnvest-
ment projects ln 2OO6 were e|lglb|e |or |nvestor
o| tbe Year awards. Tbe data |or eva|uatlon were
taken |rom tbe project proposa|s tbat lndlvldua|
companles submltted to Czecb|nvest.
Tbe prlze |or greatest economlc benet ln
tbe manu|acturlng lndustry was awarded to Hy-
undal Motor Manu|acturlng Czecb |or lts car-p|ant
project ln Nosovlce. Tbls company bas lnvested
CZK 3O bl||lon ln tbe Czecb Pepub|lc and bas cre-
ated 3,OOO new jobs. |PS A|pba Tecbno|ogy Lu-
rope took second p|ace |or lts project lnvo|vlng
a |actory |or tbe productlon o| hat-screen dlsp|ays
ln Zatec. Tbe tblrd-p|ace award a|so went to
a rmoperatlng ln Zatec, Hltacbl Home L|ectron-
lcs, wblcb was recognlsed |or lts te|evlslon and
hat-screen dlsp|ay |actory.
Tbe |8M G|oba| Servlces De|lvery Center
ln 8rno was recognlsed as tbe project bavlng
tbe greatest economlc benet ln tbe area o| busl-
ness support servlces. Centra| Luropean Alrcra|t
Malntenance took second-p|ace bonours |or lt
transport-alrcra|t repalr centre ln Mosnov, and
Ped Hat Czecb's so|tware-deve|opment project
ln 8rno p|aced tblrd.
vlsteon-Autopa|'s centre ln Novy [lln |or
tbe deve|opment o| |lgbtlng, alr-condltlonlng and
coo|lng tecbno|ogles |or tbe automotlve lndustry
took top bonours ln tbe category |nvestment wltb
tbe Greatest |nnovatlon Potentla|. Second prlze ln
tbls category went to Lmerson C|lmate Tecbno|o-
gles |or lts centre |ocused on deve|opment o| beat-
lng e|ements and compressors |or alr-condltlonlng
and coo|lng equlpment. 8ang & O|u|sen took tblrd
p|ace |or lts centre engaged ln tbe deve|opment
o| audlo, vldeo and te|ecommunlcatlons devlces.
Tbe Supp|ler o| tbe Year 2OO6 awards went
to tbe Czecb companles Pay Servlce, Wende||
L|ectronlcs and Te|ska strojlrenska.
[aros|av Do|eza|, Natlona| Lxecutlve at Honey-
we||, recelved a specla| prlze |or bls extraordlnary
contrlbutlon to tbe deve|opment o| |orelgn lnvest-
ment ln tbe Czecb Pepub|lc. Mr. Do|eza| worked
|or many years at tbe Czecb Academy o| Sclences,
wbere be co||ected a number o| awards |or bls scl-
entlc work. At tbe beglnnlng o| tbe 199Os, be was
lnstrumenta| ln tbe estab|lsbment o| Honeywe||'s
rst researcb |aboratory outslde tbe Unlted States.
A|so recognlsed ln tbls area was Zdenk Kalser,
CLO o| |ngerso||-Pand Lqulpment Manu|acturlng
Czecb Pepub|lc, wblcb ls among tbe most lmpor-
tant lnvestors ln tbe Czecb Pepub|lc, wbere lt op-
erates a unlque researcb and deve|opment centre
at wblcb lt bas declded to traln lts top emp|oyees.
Mr. Kalser p|ayed a slgnlcant ro|e ln tbls declslon.
ed.
}aroav Doc2a, â|ona Lxccu|vc a| Honc,vc, rcccvcd
a pcca pr2c for h cx|raordnar, con|rbu|on |o |hc dcvco-
pmcn| of forcgn nvc|mcn| n |hc C2cch Rcpubc. Thc avard
va prccn|cd b, âr|n Sab,, charman of |hc oca|on for
forcgn nvc|mcn|.
H,unda ô|or ânufac|urng C2cch |oo| |op honour n |hc
Crca|c| Lconomc cncf| - ânufac|urng ndu|r, ca|cgor,.
Thc avard va prccn|cd |o ^r. }aromr Radov|, b, Karn
Hudcc|ovJ of CSC, |hc gcncra par|ncr of |hc f, and Lubo
Vanc|, Dcpu|, ^n|cr of ndu|r, and Tradc.
avard vnncr n |hc nvc|or of |hc Ycar 200 compc||on.
14 >> focus on 0n|vers|t|es
nIgue research at the nIversIt
of eterInar and FharmaceutIcaI $cIences
In 8rno rotects human and anImaI heaIth
Tbe Unlverslty o| veterlnary and Pbarma-
ceutlca| Sclences ln 8rno (vPU 8rno) current|y
comprlses tbree |acu|tles |ocused on tbe areas
o| veterlnary medlclne, veterlnary byglene and
eco|ogy, and pbarmacy. Tbe Pacu|ty o| veterl-
nary Medlclne ls orlented partlcu|ar|y toward
c|lnlca| veterlnary medlclne, wbl|e tbe Pacu|ty
o| veterlnary Hyglene and Lco|ogy empbaslses
tbe study o| veterlnary byglene and veterlnary
aspects o| |ood sa|ety and qua|lty, and tbe Pbar-
maceutlca| Pacu|ty |ocuses on buman and veterl-
nary pbarmacy.
8otb o| tbe unlverslty's veterlnary |acu|tles
bave been lnternatlona||y eva|uated, meanlng
tbat tbey are |u||y lntegrated lnto tbe Luro-
pean Assoclatlon o| Lstab|lsbments |or vet-
erlnary Lducatlon (LALvL) and are lnc|uded
on tbe Llst o| |nstltutlons Lva|uated and
Approved by tbe LALvL. Llke otber Luropean
scboo|s, vPU 8rno bas espoused tbe concept
o| bul|dlng a researcb unlverslty ln order to en-
bance tbe ro|e o| sclence and researcb ln a|| ar-
eas o| lts actlvltles. Tbls ls rehected not on|y ln
tbe tralnlng o| under- and post-graduate stu-
dents, but a|so ln tbe skl||s o| lnstructors and
empbasls on practlca| app|lcatlon.
|n terms o| lts areas o| |ocus, vPU 8rno ls
an abso|ute|y unlque unlverslty ln tbe Czecb
Pepub|lc. Tbe Pacu|tles o| veterlnary Medlclne
and veterlnary Hyglene and Lco|ogy are tbe on|y
ones o| tbelr klnd ln tbe country, and tbe Pbar-
maceutlca| Pacu|ty ls one o| on|y two sucb |ac-
u|tles ln tbe Czecb Pepub|lc. 8ecause researcb
at vPU 8rno ls conducted partlcu|ar|y wltbln
tbe |acu|tles, lndlvldua| researcb actlvltles are
a|so o| a unlque cbaracter.
Active enhancement of hea|th
Pesearcb actlvltles wltbln tbe Pacu|ty o| vet-
erlnary Medlclne are dlstrlbuted |or examp|e
among projects wltbln tbe Pesearcb Programme
o| tbe Mlnlstry o| Lducatlon, Youtb and Sport
(MLYS), a project o| tbe Natlona| Pesearcb Pro-
gramme ||, and projects o| tbe Grant Agency
o| tbe Czecb Pepub|lc.
Tbe Pesearcb Programme o| tbe MLYS,
wblcb bas been conducted wltbln tbe Pacu|ty
o| veterlnary Medlclne slnce 2OO5 (and ls ex-
pected to run untl| 2O11), ls |ocused on tbe
area o| actlve Actlve enbancement o| bea|tb,
per|ormance and utl|lty o| anlma|s. Tbe maln
alm o| tbls project ls to galn deeper lnslgbt lnto
tbe modlcatlon o| tbe metabo|lsm and repro-
ductlve capacltles o| rumlnants, plgs, and borses
wltb tbe purpose o| enbanclng bea|tb, per-
|ormance, and utl|lty. Pesearcb concernlng tbe
actlve enbancement o| bea|tb and productlon
per|ormance ln catt|e and sma|| rumlnants ln-
vestlgated tbe e||ect o| se|enlum and cbromlum
on tbe metabo|lsm o| rumlnants, tbe e||ect o|
dlet on productlon per|ormance ln dalry cows
and ca|ves, and tbe dlagnosls o| certaln dlseases.
Research on the treatment
of damaged joints in humans
A project o| tbe Natlona| Pesearcb Pro-
gramme ||, Use o| new|y syntbeslsed blomate-
rla|s ln comblnatlon wltb stem ce||s ln tbe treat-
ment o| dlseases a|hlctlng buman tlssue derlved
|rom mesoderm: cartl|age, bone, |lgaments and
menlscl, bas been ongolng slnce 2OO6 and ls ex-
|rofcor Koubc| |avon a| |hc facu|, of Vc|crnar, ^cdcnc,
VfU rno
Sma-anma cnc a| |hc facu|, of Vc|crnar, ^cdcnc,
VfU rno
u|ra|vc pho|o
u|ra|vc pho|o
r|hrocopc urgcr, n |hc or|hopacdc vard
of |hc facu|, of Vc|crnar, ^cdcnc, VfU rno
Thc |rofcor Lcnfcd |avon, a ncv domnan| fca|urc
of |hc facu|, of Vc|crnar, H,gcnc and Lcoog, a| VfU rno
15 >> focus on 0n|vers|t|es
pected to run ve years (untl| 2O11). At present,
tbe project lnvo|ves tbe very tlme|y lssue
o| blomaterla|s and nanotecbno|ogles.
Tbe prlmary alm o| tbe project ls to |ormu|ate
sa|e and e||ectlve processes tbat wl|| enab|e
tbe app|lcatlon o| new|y syntbeslsed blopo|ymers
lmp|anted uslng tbe targeted dl||erentlatlon (dls-
trlbutlon) o| stem ce||s |or tbe treatment o| |oco-
motory l||nesses. Plve entltles are taklng part ln
tbe project o| tbe Natlona| Pesearcb Programme
||, wbereas tbe maln lmp|ementlng |acl|lty (lmp|e-
menter-coordlnator) ls vPU 8rno. Tbe project
ls centred on experlmenta| deve|opment |ead-
lng to tecbno|ogles tbat guarantee tbe sa|e use
o| blomaterla|s ln wblcb wl|| be lmp|anted ce||s
lntended |or transp|antatlon lnto bones, jolnts,
tendons and |lgaments. Prom tbe perspectlve
o| tbe lntroductlon o| treatment metbods, tbls
experlmenta| stage ls necessary |or tbe creatlon
o| sa|e and e||ectlve tecbno|ogy be|ore tbe com-
mencement o| c|lnlca| trla|s and posslb|e c|lnlca|
use o| tbese lmp|ants as rep|acements |or dam-
aged buman ce||s and tlssues.
Tbe project ls tbematlca||y re|ated to otber
researcb projects ln tbe area o| ortbopaedlcs
lmp|emented ln tbe past. Tbese lnc|ude prl-
marl|y projects o| tbe |nterna| Grant Agency
o| tbe Mlnlstry o| Hea|tb lmp|emented at vPU
8rno ln cooperatlon wltb tbe Cbl|dren's Surgery,
Ortbopaedlcs and Traumato|ogy C|lnlc o| tbe Pac-
u|ty o| Medlclne at Masaryk Unlverslty ln 8rno.
Tbese projects were |ocused on tbe trans-
p|antatlon o| cu|tlvated cartl|age ce||s (cbondro-
cytes) and stem ce||s lnto damaged growtb zones
o| extremlty bones. Anotber very success|u|
project o| tbe Soclety |or Sports Traumato|ogy
and Artbroscopy was lmp|emented ln coopera-
tlon wltb traumato|oglsts |rom tbe 8rno trauma
centre engaged ln tbe transp|antatlon o| me-
nlscl. |n tbe area o| sma||-anlma| ortbopaedlcs,
tbe unlverslty bas enjoyed slgnlcant, lnterna-
tlona| cooperatlon wltb specla|lsts |rom veterl-
nary |acu|tles at unlversltles ln tbe Unlted States
(Texas A&M Unlverslty, Unlverslty o| |||lnols,
Purdue Unlverslty).
Current scientic priorities c|ash
in research of infectious diseases
in anima|s
Part o| tbe researcb actlvltles at tbe Pacu|ty
o| veterlnary Medlclne ls conducted wltbln
lnstltutes bavlng a parac|lnlca| |ocus (patbo|ogy,
mlcroblo|ogy, lmmuno|ogy, paraslto|ogy, eplz-
ooto|ogy and c|lnlca| genetlcs). Tbese lnstltutes'
researcb actlvltles are |ocused on ln|ectlous dls-
eases o| anlma|s, wblcb bave a slgnlcant lmpact
on tbe breedlng o| domestlc |lvestock. Sucb dls-
eases a|so represent an envlronmenta| rlsk and
a posslb|e tbreat to buman bea|tb, eltber dlrect|y
or tbrougb consumptlon o| products made |rom
dlseased anlma|s. Tbus, tbls concerns an area
o| blo|oglca|, medlca|, eco|oglca| and socla| slgnl-
cance. Tbe prlmary |ocus o| researcb ln tbls area
o| veterlnary medlclne ls, tbere|ore, tbe study
o| causes and mecbanlsms o| tbe emergence
o| ln|ectlous dlseases ln anlma|s. Slgnlcant nd-
lngs ln tbls area lnc|ude tbe resu|ts o| genetlc
studles dea|lng wltb equlne dlseases and |o-
cused on lmmunlty genes. Tbe a|orementloned
actlvltles cover severa| current sclentlc prlorl-
tles, sucb as buman and veterlnary bea|tb, |ood
sa|ety, utl|lsatlon o| mo|ecu|ar and genetlc metb-
odo|ogles, tbe use o| ln|ormatlcs and bloln|or-
matlcs and band|lng o| lssues re|ated to baslc
blo|ogy. |t most|y concerns baslc researcb cre-
atlng precondltlons |or tbe deve|opment o| scl-
ence ln tbe academlc envlronment and |or de-
ve|opment o| subsequent app|lcatlons.
Food safety and qua|ity ~ a major
subject of veterinary research
Sclence, researcb and otber productlve ac-
tlvltles o| tbe Pacu|ty o| veterlnary Hyglene and
Lco|ogy are |ocused on tbe Pesearcb Programme
o| tbe Mlnlstry o| Lducatlon, Youtb and Sport,
tbe Natlona| Pesearcb Programme || and projects
o| tbe Grant Agency o| tbe Czecb Pepub|lc.
Tbe Pesearcb Programme o| tbe Mlnlstry
o| Lducatlon, Youtb and Sport, wblcb bas been
underway at tbe Pacu|ty o| veterlnary Hyglene
and Lco|ogy slnce 2OO5 (and expected to run
untl| 2O11), ls |ocused on veterlnary aspects
o| |ood sa|ety and qua|lty. Pood sa|ety and
qua|lty bas recent|y become a major toplc
o| veterlnary researcb. Tbls project ls based on
tbe comprebenslve Luropean concept o| |ood
sa|ety. Wltb regard to veterlnary aspects o| en-
vlronmenta| condltlons |or raw |oodstu|| pro-
ductlon, lnvestlgatlons are underway lnto |eve|s
o| contamlnatlon by se|ected organlc po||utants
and rlsk e|ements ln tbe envlronment. |n addl-
tlon, tbe bea|tb status o| some anlma| specles
occurrlng natura||y ln tbe envlronment used |or
|eed productlon, anlma| breedlng, and p|ants
used ln |eed productlon ls a|so under lnvestlga-
tlon. |n tbe area o| veterlnary aspects o| |eed
productlon and anlma| nutrltlon, e||orts are be-
lng made to ldentl|y sultab|e p|ant-based compo-
nents to be substltuted |or anlma|-based com-
ponents ln |eed mlxes lntended |or |aylng bens,
brol|ers, and pbeasants. |n tbe e|d o| veterlnary
aspects o| anlma| reproductlve bea|tb and anl-
ma| protectlon and we||are, tbe metabo|lsm o|
anlma|s lntended |or |ood productlon, ln re|atlon
to tbe qua|lty and sa|ety o| anlma| products,
ls belng lnvestlgated wltb partlcu|ar empbasls
on eva|uatlng |eve|s o| se|ected substances
ln anlma| products lntended |or buman consump-
tlon. Otber studles bave dea|t wltb tbe e||ects
o| some types o| anlma| bouslng on tbe qua|lty
o| productlon, wltb tbe transport and pre-s|augb-
ter band|lng o| anlma|s (|attened catt|e, dalry cows,
etc.), and a|so wltb tbe |eve|s o| stress ln pou|try,
pbeasants and sb (carp) durlng transport.
Tbe Pbarmaceutlca| Pacu|ty's researcb
actlvltles are concentrated |or examp|e on
tbe projects o| tbe Mlnlstry o| Lducatlon, Youtb
and Sports, tbe Mlnlstry o| |ndustry and Trade, tbe
|nterna| Grant Agency o| tbe Mlnlstry o| Hea|tb.
Pesearcb actlvlty ln tbe e|d o| pbarmaceutl-
ca| sclences ls orlented toward severa| dl||erent
areas, one o| wblcb ls tbe seeklng out, ldentl-
catlon and testlng o| new, natura|, blo|oglca||y
actlve agents tbat can be used as natura| medl-
clnes. Otber areas o| researcb lnc|ude, |or ex-
amp|e, tbe productlon capabl|lty o| blgber-p|ant
tlssue cu|tures, tbe study o| metabo|lsm, PNA ln
tbe regu|atlon o| gene expresslon and tbe prop-
ertles and ana|ytlca| eva|uatlon o| blo|oglca||y actlve
agents, and deve|opment and eva|uatlon o| drug
|orms ensurlng tbe contlnua| de|lvery o| treat-
ments to targeted |ocatlons o| tbe blo-system.
Labora|or, for mcroboogca ana, of food|uff
|n tbe area o| sclence and researcb, vPU
8rno ls accomp|lsblng lts mlsslon o| lmp|e-
mentlng projects at tbe most varlous |ev-
e|s. Tbe success-rate coe|clent o| app|led
researcb actlvltles, ascertalned as a sbare
o| tbe resources obtalned by tbe unlverslty
ln tbe past tbree years and resources |or tbls
perlod ln tbe |orm o| resu|ts recorded ln
tbe Peglstry o| Sclentlc |n|ormatlon (PS|, an
lndlcator monltored by tbe MLYS) |or 2OO6,
was O.99765977 and ls one o| tbe blgbest ln
comparlson wltb otber unlversltles. vPU
8rno's researcb resu|ts are rea|lsed par-
tlcu|ar|y ln tbe |orm o| pub|lcatlons, wblcb
are entered and subsequent|y presented
ln tbe unlversltles annua| Llst o| Pub|lca-
tlons and are reglstered ln tbe PS|. |n terms
o| tbe number o| pub|lcatlons per 1OO stu-
dents, vPU 8rno was among tbe blgbest
per|ormlng Czecb unlversltles ln 2OO7.
A|e|s Necas
V|ce-Recre je Reseach and |nrenar|ena| Ajja|s
Un|zes|rj ej Vere|naj and Phamacear|ca| Sc|ences ne
Cootoct: Pa|ackhe !-3, 6!2 42 ne, Czech Repah||c
7e|.. +420-602-742484, |ax. +420-5-4!562344
-ma||. necas@eaesar.cz
The success-rate coefcient
16 >> 5pot||ght on Froject
0strava - home of the 8Iest 6zech
kIrcraft MaIntenance 6entre
A brief history
Tbe blstory o| malntenance, repalr and op-
eratlons (MPO) ln tbe Czecb Pepub|lc dates
back to 1937, wben tbe Czecbos|ovak Avla-
tlon Company (CLS) estab|lsbed lts repalr |a-
cl|ltles wltb a new bangar dedlcated to servlc-
lng Doug|as DC-2s. Consequent|y, tbe bangar
and a|| adjacent aprons were used by tbe Ger-
man Lu|twa||e |or tborougb lnspectlons o| lts
bombers. A|ter Wor|d War ||, CLS merged
wltb Czecbos|ovak Alr|lnes and slnce tbat
tlme tbe Czecb hag carrler bas represented
a |ong, ongolng tradltlon o| MPO at Prague-
Puzyne Alrport.
Czech Air|ines' Technica| Division
~ uncompromising qua|ity and safety
standards
Tbe Tecbnlca| Dlvlslon o| Czecb Alr|lnes
ls responslb|e |or |u|| base and beavy malnte-
nance, beavy structure repalrs and modlca-
tlons o| tbe c|asslc and new-generatlon 8oe-
lng 737 and Alrbus A32O alrcra|t supported
wltb backsbops, |aboratorles, NDT, etc., and
worklng under tbe LASA/[AP145 Certlcate.
Tlme|y de|lvery, uncompromlslng qua|lty and
sa|ety standards across a|| servlces are blgb|y
rated by a growlng number o| customers sucb
as Alr 8er|ln and Transavla.
(www.csama|nrenance.cz}
job Air ~ Centra| Europe Aircraft
Maintenance (jOB AlR-CEAM) ~ a
unique project in the heart of Europe
|n an e||ort to bul|d on tbe best o| tbe Czecb
avlatlon tradltlon, [O8 A|P-CLAM ls drlvlng
an ambltlous project wltb tbe alm o| estab-
|lsblng an Alrbus A38O and 8oelng 747 MPO
Centre o| Lxce||ence at Ostrava Alrport.
|n order to |u|| tbls goa|, tbe company
bas been progresslng step by step slnce
1996, wben [O8 A|P estab|lsbed lts malnte-
nance |acl|ltles |or turboprop alrcra|t under
}C R-CL^
Arcrult muntonunco, ropur und ovorhuu n tho Czoch kopubc s busod on tho country's strong
ongnoorng buckground usng u unquo upprouch. 1ho uck ol urcrult compononts n tho porod botvoon
l970 und l990 duo to rostrctons on lorogn mports tuught Czoch compunos und thor ompoyoos
to dovoop und produco crucu urcrult purts usng thor ovn rosourcos, knovodgo und sks.
1hs stuuton guvo tho Czoch kopubc u muor compottvo odgo, us t lostorod tho dovoopmont
ol hghy skod tochncuns vho uro ubo to copo vth curront munulucturng dllcutos.
17 >> 5pot||ght on Froject
tbe [AP145 Certlcate. [O8 A|P-CLAM ls
a jolnt-stock company o||erlng lntegrated
MPO so|utlons |or mld-slzed and |arge clvl|-
lan alrcra|t and bas matcbed, l| not surpassed,
tbe necessary downtlme requlrements and
expected qua|lty |eve| based on tbe assump-
tlon tbat a|| sa|ety standards are met. [O8
A|P-CLAM's centre ls sltuated at tbe Ostrava
Alrport, enab|lng tbe acceptance o| a|| cat-
egorles o| alrcra|t due to tbe slte's exce||ent
parameters. Tbe company bas a|so set up
a |ong-standlng partnersblp wltb tbe Tecbnl-
ca| Unlverslty ln Ostrava ln order to satls|y
tbe company's |abour needs.
(www.eha|.ea}
[O8 A|P-CLAM ls bul|dlng tbe blggest serv-
lce centre and malntenance |acl|lty ln Centra|
and Lastern Lurope. Tbe project ls unlque,
tbanks to lts buge bangar, wblcb ls 24 m blgb
and covers an area o| 11,68O m
2
. Tbe slze
o| tbe bangar, lts conguratlon and dlmenslons
o| tbe garage gate are deslgned to accommodate
two jumbo 8747s and two mld-slzed 8737s at
tbe same tlme, wblcb bas bltberto been lmpossl-
b|e ln tbe CLL reglon. Pu|| operatlon sbou|d start
as ear|y as ln tbe second quarter o| 2OO8, a|ter
trla| operatlon bas been comp|eted.
[O8 A|P-CLAM |ound a |avourab|e c|lmate
|or beavy alrcra|t malntenance at tbe |lgbt|y
used Ostrava Alrport, wbere tbe company's
new bangar ls |ocated. A tru|y wor|d-c|ass |a-
cl|lty, Ostrava Alrport's operatlng parameters
enab|e lt to cover a|| categorles o| alrcra|t.
Tbe outstandlng concrete runway (PWY
O4/22 - 3,5OO x 63 meters) wltb PCN 5O/P/
A/X/T |oad-bearlng strengtb and |ow den-
slty tra|c, slx taxlways (TWY A, 8, C, D ,L
and P), tbree aprons (soutb, centra|, nortb)
capab|e o| band|lng at |east 16 8737s ln
tbe baslc conguratlon and 31 8737s ln a|ter-
natlve conguratlons|ortbemaxlmumnumber
o| alrcra|t, and tota| alrport area o| more
tban 5OO bectares, lnc|udlng |oglstlcs and
warebouslng zones, contrlbute to Ostrava
Alrport's belng tbe company's |oca| polnt and
competltlve edge.
Tbe company p|ans to emp|oy about 2OO
peop|e at tbe beglnnlng, tbougb tbls number
wl|| eventua||y grow to up to 3OO. Conslder-
lng tbe area o| botb tbeoretlca| and practlca|
preparatlon, cooperatlon wltb tbe Tecbnlca|
Unlverslty ln Ostrava ls sbaplng up promls-
lng|y. Graduates ln tbe e|d o| transporta-
tlon tecbno|ogy wltb specla|lsatlon ln alrcra|t
malntenance, some o| wbom are a|ready
galnlng practlca| experlence at [O8 A|P, wl||
tbus bave a slgnlcant advantage wben tbey
enter tbe job market.
[O8 A|P-CLAM ls respondlng to tbe current
sltuatlon ln tbe area o| alr transport, wblcb
ln Lurope ls cbaracterlzed by masslve expan-
slon and enormous pressure to reduce tbe
prlces o| p|ane tlckets. Tbls sltuatlon ls |orclng
alr|lnes to drastlca||y reduce operatlng costs
and tbls ls accompanled by some slde-e||ects,
one o| wblcb ls tbat alr|lnes outsource tbelr
alrcra|t malntenance and repalrs to otber
companles outslde tbelr own servlce centres.
Per Nrek, Czech|nzesr
jOB AlR-CEAM mi|estones
!5 jeas ej specraca|a sez|ce
and cempehens|ze sapper...
1993 Company |ounded
1994 Approved Malntenance
Organlsatlon and Peglona| Alr|lne
1994 L41O, [etstream 31
1995 8ae ATP, Saab 34O
Organlsatlon - [AP145
2001 Malntenance Tralnlng
Organlsatlon - [AP147
2003 Alr Operator Certlcate - [AP
OPS 1
Organlsatlon - LASA Part 145
2005 Approved Tralnlng
Organlsatlon - LASA Part 147
2005 Conc|uslon o| an agreement
wltb Saab Alrcra|t A8 on base
malntenance o| Saab 34O and Saab
2OOO Servlces
2006 Commencement o| constructlon
o| tbe new wlde-body alrcra|t
malntenance |acl|lty
2007 Plna|lsatlon o| new malntenance
|acl|lty constructlon
2008 Start o| new malntenance
|acl|lty operatlon
Seace. www.eha|.ea
}C R-CL^
}C R-CL^
}C R-CL^
18
Romancquc ro|unda n S|ar, |2cncc
FIzen - a eIon of 0ortunIt
Locutod n southvostorn ohomu, tho Pzon rogon bordors tho Cormun stuto ol uvuru us vo us lour othor
rogons ol tho Czoch kopubc - Kurovy Vury, Lst, Contru und South ohomu. Covorng 7,56l km
2
tho Pzon
rogon s tho country's thrd urgost rogon n torms ol und urou, though t runks nnth n popuuton t555,49l.
1ho rogon's sovon dstrcts tDomuzco, Kutovy, Pzon-cty, Pzon-south, Pzon-north, kokycuny und 1uchov
comprso torrtoru unts thut uro substuntuy dlloront lrom ouch othor vth rogurd to thor undscupo, domogruphy,
oconomc potontu, und popuuton donsty. 1hrty porcont ol tho rogon's popuuton vos n tho cty ol Pzon,
vth tho rost rosdng n u urgo numbor ol smuor tovns, thoro uro no modum-szod ctos n tho rogon.
>> keg|on focus
Seace. Czech Srar|sr|ca| 0jjce 2006, C|rj |nzesr Czech 2006 - 2007
The Green Heart of Europe
Tbe P|zen reglon's |andscape ls unusu-
a||y dlverse. Prom tbe Sumava Mountalns
and tbe 8obemlan Porest on tbe western
border wltb 8avarla to tbe Sumava |ootbl||s
and undu|atlng |and o| tbe lnterlor, vlsl-
tors wl|| nd beautl|u| countryslde adorned
wltb co|our|u| towns and vl||ages, abundant
|orests and bodles o| water. Tbe reglon
partla||y encompasses tbe Klvok|atsko
and S|avkovsky protected |andscape areas.
Tbe Sumava area ls known varlous|y as
tbe green roo| or tbe green beart o| Lurope
tbanks to lts extenslve |orests. Tbe bor-
der reglon's |orty years o| lso|atlon beblnd
tbe |ron Curtaln contrlbuted to tbe preser-
vatlon o| tbls vlrgln |andscape. Tbe most slgnl|-
lcant part o| tbls area ls under tbe protectlon
o| tbe |argest natlona| park ln tbe Czecb
Pepub|lc. Tbe P|zen reglon's |andscape ls re-
markab|y dlverse, glvlng botb tourlsts and |o-
ca|s tbe opportunlty to experlence many natu-
ra| wonders and blstorlca| monuments sucb
as tbe Pomanesque rotunda ln Stary P|zenec,
Pabl Cast|e, tbe Koze| Cbateau, tbe monastery
K|adruby and tbe convent ln P|asy.
lndustry and lnvestment
Mlnera| deposlts, wblcb represent tbe
|undamenta| potentla| |or deve|opment
o| tbe manu|acturlng lndustry, are concentrat-
ed ln tbe lnterlor o| tbe P|zen reglon (around
tbe clty o| P|zen). Tbls re|ers to deposlts
o| b|ack coa|, c|ay |or ceramlc and beat-re-
slstance app|lcatlons, and bul|dlng stone.
Tbe reglon ls very we|| sulted to |orestry
and agrlcu|ture, as approxlmate|y ba|| o| lts
area comprlses |arm|and. Tbe P|zen reglon
ranks second ln tbe Czecb Pepub|lc ln terms
o| tbe tota| vo|ume o| |ogglng, lmmedlate|y be-
blnd tbe Soutb 8obemla reglon.
One o| tbe reglon's lmportant lndustrla| sec-
tors ls mecbanlca| englneerlng, wblcb ls prl-
marl|y connected wltb tbe Skoda name (|or
examp|e, Skoda Stee|,
Skoda Power, Skoda
Nuc|ear Lnglneerlng).
Tbe maln produc-
tlon port|o|lo lnc|udes
equlpment |or con-
ventlona| and nuc|ear
power generatlon
and tbe petrocbeml-
ca| lndustry, |oundrles
and stee|works, beavy
macblne too|s, equlp-
ment |or ro||lng ml||s, ral| veblc|es, tro||eybus-
es, etc. Otber lmportant lndustrla| enterprlses
bavlng an lmpact on tbe reglon's economy
are Dloss Nyany, wblcb ls engaged maln|y
ln tbe manu|acture o| batterles, Oku|a Nyrsko,
a p|astlcs processor and producer o| |enses
used ln g|asses, Lasse|sberger CP representlng
tbe ceramlcs lndustry, So|o Slrkarna ln Suslce,
tbe |argest Czecb matcb producer, and Sk|arna
Hemanova Hut, |ocused prlmarl|y on tbe pro-
ductlon o| beverage g|asses.
Tbanks to lts |ocatlon, tbe P|zen reglon ls
attractlve to |orelgn lnvestors. Porelgn lnvest-
ment ln tbe reglon ls domlnated by tbe te|evl-
slon manu|acture Panasonlc AvC Networks
Czecb. Otber lmportant |orelgn rms operat-
lng ln tbe reglon lnc|ude tbe automotlve-com-
ponents manu|acturer Yazakl Wlrlng Tecb-
no|ogles Czecb, vlsbay L|ectronlc, a producer
o| e|ectronlc components, A|coa Pujlkura
Czecb wltb lts productlon o| e|ectrlca| equlp-
ment, tbe p|astlc-products manu|acture 8orgers
CS, MD LLMONT, a manu|acture o| lnsu|ated
wlre and cab|e, and Dalkln |ndustrles Czecb Pe-
pub|lc, wblcb manu|actures and repalrs lndus-
trla| coo|lng and alr-condltlonlng equlpment.
Home of Wor|d-famous Beer
and Much More
Tbe clty o| P|zen |les ln tbe P|zen 8asln at
tbe conhuence o| |our rlvers - Mez, Pad-
buza, Ub|ava and Us|ava - |ormlng tbe source
o| tbe 8erounka Plver. P|zen ls sltuated at
tbe dlvlde between tbe Sumava Mountalns
19
and tbe 8obemlan and 8rdsky Porests. Tbanks
to lts |avourab|e |ocatlon at tbe lntersectlon
o| trade routes, tbe clty o| P|zen bas a|ways been
an lmportant commercla| and cu|tura| centre o|
tbe P|zen reglon. A|ter tbe estab|lsbment o|
tbe P|zesky Prazdroj brewery and tbe Skoda
englneerlng works ln tbe 19tb century, tbe clty's
lmportance grew even |urtber. Today, lt ls tbe
Czecb Pepub|lc's |ourtb blggest clty, tbe slte o|
two unlversltles and an lmportant lndustrla| cen-
tre. Tbe clty ls current|y protlng |rom lts advan-
tageous geograpblc posltlon ln tbe centre o| Lu-
rope, exce||ent blgbway connectlons to Prague
and Germany (D5 blgbway) and lts c|ose prox-
lmlty to Puzyn |nternatlona| Alrport ln Prague.
P|zen ls traversed by tbe lmportant P|zen - Cesk
8udjovlce - Llnz ral| |lne. 8eer bas been brewed
ln P|zen slnce tbe mldd|e ages and vlsltors to tbe
clty's centre wl|| nd severa| blstorlca| bul|dlngs
re|ated to tbe brewlng lndustry. Tbe clty brew-
ery was |ounded ln 1842 and began produclng
beer under tbe Pl|sner Urque|| brand, wblcb
bas slnce become wor|d-|amous |or lts unlque
and robust havour. Pl|sner or Pl|s tbus became
tbe deslgnatlon |or blgb-qua|lty, bottom-|er-
mented pa|e |ager enjoyed around tbe wor|d.
P|zen ~ a City with Great Potentia|
for the Future
Pavourab|y sltuated between Prague and
tbe Czecb Pepub|lc's western border, and wltb
convenlent transport connectlon on tbe newest
Czecb blgbway, young graduates o| tbe Unlver-
slty o| West 8obemla and a we||-deve|oped ln-
dustrla| zone, tbe clty o| P|zen ls strengtbenlng
lts ro|es as a modern metropo|ls and attractlve
destlnatlon |or lnvestors.
Annua||y, 17,OOO students are enro||ed
ln seven |acu|tles and two lnstltutes at
tbe Unlverslty o| West 8obemla, wblcb tbanks
to P|zen's lndustrla| tradltlon ls renowned |or lts
tecbnlca| e|ds o| study. Here |uture englneers
take courses ln tbe e|ectrlca| and mecbanlca| en-
glneerlng |acu|tles, tbe |acu|ty o| app|led sclences
and tbe economlcs |acu|ty. |n addltlon, students
can attend tbe pedagoglca|, |aw and bumanl-
tles |acu|tles, tbe |nstltute o| Art and Deslgn or
tbe |nstltute o| Ll|e|ong Lducatlon. 8esldes
tbe Unlverslty o| West 8obemla, tbe clty ls a|so
bome to tbe Pacu|ty o| Medlclne o| Cbar|es
Unlverslty, wbere asplrlng doctors study gen-
era| medlclne and dentlstry. Tbe clty's we||-de-
ve|oped sclence and P&D base, togetber wltb
lts blgb-qua|lty educatlon ln|rastructure, ranks
P|zen among tbe |argest centres o| educatlon ln
tbe Czecb Pepub|lc. As sucb, tbere ls a blgb |eve|
o| cooperatlon between |oca| scboo|s, researcb
and deve|opment centres and buslnesses.
Deve|opment of lndustria| Zones and
Business 5upport 5ervices
Tbe clty o| P|zen bas extenslve experl-
ence wltb |orelgn lnvestments and bas p|ayed
a major ro|e ln supportlng tbe deve|opment
o| lndustrla| zones. Tbe area's rst lndustrla|
zone was 8orska po|e, wbere Panasonlc was
tbe rst company to bul|d a manu|acturlng
p|ant ln 1996. Tbe zone current|y bosts 44
companles, wblcb bave created near|y 13,OOO
jobs. Wbl|e state-o|-tbe-art e|ectronlcs are
produced ln tbe |actorles o| Panasonlc AvC
Network Czecb and Yazakl Wlrlng Tecbno|o-
gles Czecb, |or examp|e, M8tecb 8obemla
(prevlous|y Mercedes-8enz Lnglneerlng) bas
a deve|opment centre bere and So|ectron
Czecb ls a|so present ln tbe zone.
8esldes 8orska po|e, P|zen's deve|oped
areas |or manu|acturlng and servlces a|so
lnc|ude CTPark 8orska po|e-west, tbe Skoda
|ndustrla| Zone, Pl|sen West 8uslness Centre
- Klmlce, and otbers.
Tbanks to pub|lc support |rom tbe clty,
addltlona| sltes lntended |or buslness support
servlces are belng prepared (|or examp|e,
tbe P|zen Sclence and Tecbno|ogy Park,
tbe Green Trlang|e-soutb Munlclpa| Deve|op-
ment Zone, Ava|on 8uslness Centre). Over
tbe past ve years, tbe P|zen reglon bas
managed to attract lnvestments ln researcb
and deve|opment and buslness support serv-
lces wortb more tban CZK 1 bl||lon.
|ndustrla| zones are a|so belng deve|oped
ln tbe reglon's out|ylng towns. K|atovy, Poky-
cany, Nyany, Nepomuk, Nyrsko, Suslce and
otbers represent new and lnterestlng oppor-
tunltles |or lnvestors.
>> keg|on focus
5e|ected investors in the P|zen region
Dovn|ovn |2cn
ân cn|rancc of |hc |2cn|, |ra2dro brcvcr,
ôdc of |hc |2cn Sccncc and Tcchnoog, |ar|
|o bc compc|cd n prng 200B)
or|J poc ndu|ra 2onc n |2cn
lnvestor 5ector Country of origin lnvestment (CZK mi|.)
Panasonlc e|ectronlcs [apan 6,913
Dalkln e|ectronlcs [apan 2,977
SKODA TPANSPOPTAT|ON e|ectronlcs Czecb Pepub|lc 1,395
SKODA POWLP englneerlng Czecb Pepub|lc 882
OLHO - Tecbnlk Czecb e|ectronlcs Germany 822
SKODA TPANSPOPTAT|ON automotlve Czecb Pepub|lc 8O3
Koyo automotlve [apan 788
PPOWLLL paper Germany 736
Preclslon Castparts CZ englneerlng USA 684
DA|HO (CZLCH) p|astlcs [apan 618
Mercedes-8enz automotlve Germany 95
Seace. Czech|nzesr, 2007
|anka Hd||kez, Czech|nzesr
20
(23-25 May 2OO8) wl|| reacb lts peak ln tbe
Soutb Moravlan town o| v|nov wltb a tbree-
day programme beglnnlng wltb a competltlon
to nd tbe best per|ormer o| tbe verbuek,
a tradltlona| dance natlve to tbe reglon (lnclden-
ta||y, tbls men's dance ls tbe rst and so |ar on|y
non-pbyslca| monument o| tbe Czecb Pepub-
|lc recognlsed by UNLSCO). vlsltors wl|| nd
tbe event to be a great way to re|ax and enjoy
tbemse|ves to tbe sounds o| clmba|om muslc.
Fo|k|ore in Prague
Tbe Prague Palr ls tbe most beavl|y attended
and, ln terms o| tbe number o| ensemb|es,
tbe most co|our|u| |estlva| ln tbe country. Partlcu-
|ar|y |or tourlsts, tbls |estlva| ls resp|endent wltb
muslc, cra|ts and a remarkab|y dlverse range
o| gourmet specla|tles. Tbe |tb Prague Palr wl||
take p|ace tbls year |rom 26 to 31 August 2OO8.
5trakonice, city of pipers
Tbe name Svanda Dudak may not mean
mucb to |orelgn vlsltors, but a|| Czecb cbl|dren
know very we|| tbat Svanda ls |amous muslclan
|rom Strakonlce. Tbls clty ls so c|ose|y bound to
tbe bagplplng tradltlon tbat lt bas been tbe bost
o| tbe |nternatlona| 8agplpe Pestlva| slnce 1967.
Durlng tbls year's |estlva| (21-24 August 2OO8)
bagplpes wl|| be beard ln tbe courtyard o|
tbe clty's cast|e, ln tbe cbateau garden and ln tbe
cburcb. A parade o| plpers and evenlng per|orm-
ances wl||, o| course, be blgb|lgbts o| tbe event.
Seace. www.czechrea|sm.cz
ed.
8rIht costumes, a arade of masks, WIne and ood
cheer - foIk ceIehratIons In the 6zech euhIIcl
Muslc, dance, beautl|u| |o|k costumes, gour-
met specla|ltles and cra|ts sbow vlsltors mucb
more about a reglon's beart and sou| tban any
guldebook cou|d ever do, wbl|e a|so provldlng
a p|easant means o| |orgettlng everyday worrles.
The most co|ourfu| costume ba|| of the year
Most |o|k ce|ebratlons ln tbe Czecb Pepub|lc
are connected wltb tbe comlng o| sprlng and wltb
Cbrlstlan bo|ldays. Nevertbe|ess, a |ew |estlva|s
reca|| tbe anclent Czecb |o|k tradltlons. Sucb |es-
tlva|s lnc|ude tbe annua| Natlona| Costume 8a||
o| tbe Czecb Po|k|ore Assoclatlon (www.|os.cz)
ln Zar nad Sazavou, wbere peop|e come
togetber ln tbe most sp|endld Czecb cos-
tumes. Lacb year, tbe ba|| ls dedlcated to one
o| tbe country's reglons, tbls year lt was
tbe Opava and Tslnsk S|ezsko reglon ln Nortb
Moravla. Tbere were a|so ten voca| ensemb|es
and tbe muslc o| brass bands, wblcb stl|| bas
a specla| p|ace ln tbe bearts o| Czecbs.
|t ls a|so posslb|e to see numerous, unbe|lev-
ab|y co|our|u| |o|k costumes and strlklng masks
ln tbe co|d montb o| [anuary, wben Czecb vl|-
|ages come a|lve wltb carnlva|s (ca||ed Masepasr).
Durlng tbese ce|ebratlons, ceremonla| parades
traverse tbe vl||ages and |oca| resldents treat
tbe slngers and dancers to S||zez|ce, a tradltlona|
Czecb |lquor, or serve up bacon, eggs, pastrles
and a broad range o| sweets. Tbese ce|ebratlons
mark tbe beglnnlng o| tbe perlod o| |astlng wblcb
|asts untl| Laster.
The kings ride on|y once in a |ifetime
very |ew peop|e wou|d want to mlss sucb
a spectac|e as tbls. Young men rlde tbrougb
tbe vl||age on berlbboned borses and ca|| out
cbeer|u| verses ln ce|ebratlon o| tbelr klng, wbo
ls tbe youngest among tbem. A rose c|lncbed
between bls |lps ensures tbat tbe klng remalns
sl|ent, wbl|e an o|d-|asbloned woman's cos-
tume and rlcb|y decorated wblte borse slgnl|y
bls exa|ted status ln tbe group. 8ut be wl|| be
tbe klng on|y once ln bls |l|e and tbe same ru|e
app|les |or bls entourage. |n ear|ler tlmes tbey
were boys belng sent to war, today tbey are
young men o| elgbteen. Tbe Plde o| tbe Klngs
1ho Czoch kopubc's lok trudtons uro uvo und vo, not ony
n rocroutod vugos, musoums und u vdo rungo ol oxhbtons,
but muny n tho poopo thomsovos. 1hs s ovdont n tho country's
dozons ol lokoro lostvus und coobrutons vhch rosonuto vth
hstory us vo us ovo ol country und hosptuty to guosts. 1hut thoso
ovonts uro bocomng ovor moro popuur s roloctod n tho rsng
ntorost ol ocu und lorogn vstors.
Thc mo| pcndd C2cch Co|umc
>> l|v|ng 6zech
C2cch fo| fc|va
C2cch fo| |rad|on

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ABL

AIIen & Overy, Praha Advoktn kanceIr

AIpha Management ConsuItans

ARCADIS Project Management

AYS PIacement & Workshops

Bovis Lend Lease

BUREAU VERITAS CZECH REPUBLIC

Cushman & WakeeId

Ernst & Young Tax & Transactions

GLEEDS CESKA REPUBLIKA

GrECo InternationaI, poradenstv

HAVEL & HOLASEK

Hays Czech RepubIic

Jones Lang LaSaIIe European

Kocin SoIc BaIastk, advoktn kanceIr

KPMG Cesk repubIika

LinkIaters, advoktn kanceIr

NRR STIEFENHOFER LUTZ

PETERKA & PARTNERS,

Tebodin Czech RepubIic

The Charnwood Company

WHITE & CASE

Deve|opment of the market economy

Vc|av K|aus was re-e|ected to a second

Nine Operationa| Programmes bave been

The renewab|e sources of energy dlrec-

Domestic investors take the initiative. Last

lnation reached a record 7.5% ln [anu-

The unemp|oyment rate rose s|lgbt|y

Tbe Czecb Natlona| 8ank estlmates tbat

Tbe |ta|lan company Acerbis ls p|annlng

Vienna lnsurance Group ls p|annlng to

Marbes Consu|ting, wblcb bas been actlve

According to pre|iminary resu|ts, the Czech

The Czech crown has broken the CZK

The Czech Repub|ic has posted record

Accordlng to a NetMonltor survey, tbe

5tarbucks Coffee comes to Prague.

Czecb|nvest bas |auncbed lts database

Accordlng to a study by tbe consu|tlng

Tbe Academy Awards ceremony was be|d

Domestic retai|ers recent|y enjoyed one o|

eBay, an on|lne auctlon rm, ls beaded |or tbe

Honeywe|| wl|| emp|oy 6OO workers |or

Procter & Gamb|e bas cbosen tbe Czecb

Tbe Cblnese rm 5hanghai Ma|ing ls p|an-

Tbe automaker Hyundai's Nosovice p|ant,

Tbe Lego group wl|| take back contro|

Tbe Austrlan nancla| group Raiffeisen ls pre-

E|marco, a producer o| nanobre tecbno|-

Tbe Czecb-S|ovak nancla| group Penta bas

Tbe e|ectrlclty glant CEZ wl|| begln to bul|d

The Czech Repub|ic remains among

Centres of exce||ence, l.e. |ocatlons

Tbe Medlca| Pacu|ty o| Pa|acky Unlverslty

Be carefu| with |anguage - your rst

Patience above a|| e|se - tbe Prencb are

Three vacations a year - l| you are

Time perception - ln Prance, punctua|-

Proper se|ection of meeting times

How to negotiate - durlng negotlatlons,

How to make contact - lnltla| contact

5trikes are a nationa| sport ln wblcb

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