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Press releases 2010 - Ernst & Young - Czech Republic

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Press releases 2010

December

Prague, 6 December 2010
PE owners of European businesses resist short-term pressures and hold their investments
At average PE portfolios have almost doubled in age since 2007.

November

Prague, 23 November 2010
Companies unprepared to address risks created by new technology
Certification of cloud service providers perceived as a must

Prague, 11 November 2010
Alice Machová – the new senior manager of Financial Accounting Advisory Services at Ernst & Young
She specialises in International Financial Reporting Standards (IFRS), as well as Czech and American standards.

Prague, 1 November 2010
IFRS 4 presents major opportunities for global insurance industry
Ernst & Young welcomes the long-awaited exposure draft (ED) on phase II of International Financial Reporting Standard (IFRS) 4 Insurance Contracts.

October

Prague, 20 October 2010
Petr Kříž becomes the new Executive Director in Transaction Advisory Services at Ernst & Young
Ernst & Young has appointed Petr Kříž Executive Director, Transaction Advisory Services in the Czech Republic.

Prague, 6 October 2010
Petr Knap appointed Head of Public sector services at Ernst & Young
The advisory team he leads will continue to support increased public administration efficiency, savings and transparency.

September

Prague, 30 September 2010
Ernst & Young is one of the world's top three employers, say students
University students worldwide have ranked EY third in the top 50 employers they most aspire to join after graduation.

Prague, 16 September 2010
Stanislav Kryl becomes the Executive Director in Indirect Tax practice at Ernst & Young 
Ernst & Young has appointed Stanislav Kryl the Executive Director of Indirect Tax practice in the Czech Republic.

August

Prague, 31 August 2010
Entrepreneur Of The Year contest enters its second decade
We are looking for the eleventh Czech Entrepreneur Of The Year! 

Prague, 19 August 2010
The shape of business has changed forever 
Planning for growth, a new study by Ernst & Young, highlights the changes that business perceive as permanent to the global enterprise landscape following the economic downturn.

Prague, 11 August 2010
Telecoms operators scramble to succeed as providers of information and communication technology services. Can they attract business customers?
The road to success is via network know-how and new partnerships and acquisitions.

Prague 5 August 2010
Regulatory risk back on top as key threat to business performance
Managing talent and dealing with emerging markets fastest risers in annual risk radar.

July

Prague 21 July 2010
Ernst & Young appoints new partners
As of 1 July 2010, 396 new Ernst & Young partners were admitted across its global organization, 177 in Europe.

Prague 21 July 2010
Global IPO activity sustains momentum in Q2 despite market volatility
PE backed IPOs make a comeback, European and US listings revive with several US$1b plus deals.

June

Prague 24 June 2010
Sovereign debt crisis hits Eurozone economic growth: Southern Europe facing years of stagnation
Czech economy heavily dependent on the development of large EU member states.

Prague, 2 June 2010
Investment projects down in Europe last year. Central and Eastern Europe hit hardest
Chinese projects created the third highest number of jobs in Europe.

May

Prague, 20 May 2010
Fraud has risen during the crisis and threatens to continue growing even in economic growth
Serious fraud has doubled during the recession in some regions.

Prague, 6 May 2010
Deal activity in the consumer products sector bounces back
Deal values and volume to start to recover during 2010.

April

Prague, 29 April 2010
A new paint job for a theatre, a fixed up zoo enclosure for llamas and a makeover for a horse farm for handicapped kids
Ernst & Young employees again help out in their free time.

Prague, 29 April 2010
Twice as many global businesses actively seeking M&A targets in next 12 months, compared with six months ago
62% expect financing to fund major projects available in next 12 months

March

Prague, 9 March 2010
Investors, analysts and lenders: impairments are below expectations 
Regaining stakeholder confidence critical for access to capital.

Prague, 9 March 2010
František Kučera strengthens Ernst & Young’s team providing IT advisory for financial services organizations and corporations
František Kučera has joined Ernst & Young’s Advisory Services Department in the Czech Republic as manager.

Prague, 1 March 2010
Global corporates are tiptoeing cautiously into 2010 but a significant minority planning for aggressive growth
The crisis will have outright winners – companies that have found opportunity in the adversity.

February

Prague, 11 February 2010
Eduard Kučera of ALWIL Software is named Czech Republic Entrepreneur Of The Year 2009
Vladimír Tošovský and Magdalena Souček presented the trophy to Kučera yesterday at Prague’s Žofín Palace.

Prague, 1 February 2010
China, technology and private equity to drive IPO activity in 2010
Investors’ key focus is on debt to equity ratios in IPO evaluation.

January

Prague, 13 January 2010
Petr Kouba leads Ernst & Young advisory team focused on finance and accounting
Petr Kouba has joined Ernst & Young‘s Advisory Services Department in the Czech Republic as its manager.

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