Ernst & Young Czech Republic - Media - Ernst & Young - Czech Republic

November

Prague, 16 November
European PE assets show continued growth, despite challenging times
Exit volumes down by 66%.

October

Prague, 29 October
European automotive industry woes could last beyond 2011
Recession to drive permanent changes to customer behaviour.

Prague, 22 October
Growing transfer pricing scrutiny by world’s tax authorities creates new risks for multinationals
Global recession pushing tax authorities to intensify enforcement and compliance.

Prague, 19 October
Volunteers from Ernst & Young help out again
At the beginning of October forty Ernst & Young employees participated in the third annual charity event known as the Ernst & Young Community Day.

August

Prague, 28 August
Efficient risk management is a way to move forward from the crisis
Ernst & Young’s Future of Risk survey examined organizations’ attitudes toward risk management.

Prague, 10 August 2009
World’s largest oil companies to deliver over US$375bn of investment this year despite oil demand concerns
Almost 70% of total investment in 2009 will come from NOCs in Asia and South America.

July

Prague 16 July 2009
The rules of the game have permanently changed 
88% of global companies say their operating model has been altered by recession.

Prague, 9 July 2009
European companies continue to lose ground in global league table
The only representative from Central Europe to stay among the most highly valued organizations has been the electricity company ČEZ.

June

Prague, 26 June 2009
Denisa Valová – the new senior manager of tax services for German clients at Ernst & Young
She returns to Prague after several years working mainly in Ernst & Young in Munich.

Prague, 19 June 2009
Terry Carter and Tomáš Sklenář have joined the Ernst & Young restructuring team in Transaction Advisory Services
As partner for the management of restructuring projects Terry Carter’s main assignment will be the development of restructuring services in the Central and Southeast Europe region. As senior manager, Tomáš Sklenář will specialize in the management of projects involving the restructuring and reorganization of companies, especially in the Czech Republic and Slovakia, including the provision of assistance to companies during the application of the new Insolvency Act.

Prague, 10 June 2009
Global financial crisis making biotech business model unsustainable, according to Ernst & Young
Deep financing challenges separate haves and have-nots and accelerate move to sustainable models.

May

Prague, 20 May 2009
Fraud risk on the increase across Europe as recession bites
To what lengths will companies go to survive the recession?

March

Prague, 11March 2009
Cash is king across the globe as corporates tighten their belts.
Respondents register a challenging and rapidly changing business environment.

February

Prague, 20 February 2009
Vladimír Kovář of UNICORN a.s. became Entrepreneur of the Year of the Czech Republic for 2008.
He was awarded the trophy by Magdalena Souček, leading partner of Ernst & Young at the Zofin Palace in Prague yesterday. This contest has been organized by Ernst & Young in the Czech Republic since 2000.

January

Prague, 27 January 2009
Top consumer products companies could release up to US$29 billion in cash.
More effective working capital management offers significant potential for liquidity improvement and possibility to search for spare monies inside organizations.

Prague, 22 January 2009
Banks and credit risk management at a time of financial crisis.
What possibilities have banks to secure both current and future loans?

Prague, 21 January 2009
European utilities need a diverse renewables strategy .
Power and utility companies should be focusing on smaller projects and decentralized technology if they are to hit the EU’s target of generating 20% of its energy from renewables by 2020.

Prague, 19 January 2009
Nortel Networks UK Ltd enters Administration.
Alan Bloom, Stephen Harris, Chris Hill and Alan Hudson of Ernst & Young LLP were today appointed Joint Administrators of Nortel Networks UK Ltd and 18 other EMEA entities.

Prague, 12 January 2009
Pharmaceutical sector must speed transformation to keep pace with a dynamically changing market.
Leaders of the largest global pharmaceutical companies have realized they are going to have to carry out a number of major changes as soon as possible to ensure sustainable industry growth.

Prague, 9 January 2009
US firms show unexpected value gains despite financial crisis.
ČEZ only central European firm to rank among world’s most highly valued companies .

Prague, 9 January 2009
Brand and reputation protection a major force driving information security.
Investment in information technology security on the rise despite economic pressures.