KSB Succeeds Among Czech Business Leaders
Among the finalists of this year's competition were 118 companies, which were shortlisted from 1529 Czech companies with the best economic results. The competition is open to companies whose owners have a permanent residence in the Czech Republic, whose ultimate owner can be traced, and which have been operating on the market for at least four years. Only medium and large companies with a turnover of over CZK 200 million per year can apply.
Another requirement for a company to participate is that it must have duly submitted its financial statements and must not be engaged in providing services of a financial nature. Participating businesses are evaluated on the basis of the Cribis Index rating of the CRIF – the Czech Credit Bureau – which is the competition’s expert guarantor.
Detailed information on the competition is available here (only in Czech).
Other articles
KŠB "Scores" Major Infrastructure Win: The New Ball Sports Centre in České Budějovice
KŠB has advised on the execution of a construction contract for the Ball Sports Centre in České Budějovice, a major public infrastructure project set to become a new landmark for sport and community life in the region.
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
