Competitiveness
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Spotlight issue
Survey of housing situation among inhabitants of Prague 11
At the end of March and beginning of April, the STEM/MARK agency performed a public survey among the inhabitants of Prague 11 relating to the resolution of the housing situation in Prague 11 and throughout Prague in general. A representative sample of 1007 people was surveyed with respect to the public perception on the current situation and the possibilities of housing in Prague, on the possibilities and prices of flats and the potential for construction in the area of Prague 11. As ensues from the results of the research, the housing situation in Prague is currently highly unsatisfactory. The originator of the survey was the PASSERINVEST Group, which wants to act in this area as a long-term partner in the development of the city, with the aim of transforming an unpleasant environment into a pleasant and user-friendly location, including a large public park.
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Closing accounts as the preferred SPA in the Czech Republic
When selling companies in the Czech Republic, parties prefer to determine the purchase price on the basis of the financial statements prepared at the date of the company’s takeover by the new owner, the so-called closing accounts. When negotiating a Share Purchase Agreement (SPA), this purchase price mechanism was chosen for 71% of deals. This results from the latest Deloitte study Deal making in the Czech Republic summarising selected data from significant transactions over the last few years.
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Vending Machines with Protective Gear at Prague Airport
A number of protective measures have been in place at Václav Havel Airport Prague set up to prevent the spread of the COVID-19 disease and protect the health and safety of passengers. These include, for example, the obligation to wear a face mask or in other way cover one’s airways while inside the airport premises. Now, passengers can buy face masks and other gear preventing the spreading of infection from the vending machines installed directly at Václav Havel Airport Prague.
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