Current Press Releases

 The following press releases highlight our newsworthy activities.

New Partner and Director join PricewaterhouseCoopers’ Human Resource Services team
The economic crisis has increased demands on the effectiveness of human resource management. PricewaterhouseCoopers has reacted to the increased demand for HR services by reinforcing its Human Resource Services team. Will Schofield (42) has been appointed as a leading partner in Human Resource Services at PricewaterhouseCoopers, Czech Republic. Branislav Hunčík (35) has been appointed as a Director in Human Resource Management for PricewaterhouseCoopers Czech Republic and Slovakia.

Cautious optimism as European IPO markets start to show signs of recovery
Europe’s Initial Public Offering (IPO) markets are starting to show signs of recovery after several dismal quarters, according to the latest PricewaterhouseCoopers LLP IPO Watch Europe survey.

PwC appoints new Directors in Assurance and Transaction Advisory department
Petr Zmátlík has been appointed as a Director in the Assurance and advisory department and Jan Dvořák as a Director in Advisory department of PricewaterhouseCoopers.

Two new Experts join the PricewaterhouseCoopers Forensic Services team
PricewaterhouseCoopers (PwC) Czech Republic Forensic Services team was strengthened by the addition of Jan Vylita, Director, and Michal Kohoutek, Senior Manager. Both Jan and Michal are returning to Prague after working in PwC offices abroad.

Corporate Responsibility
More than 1000 volunteering hours, almost CZK 1.6 million donated in cash, services and gifts, over 20 community beneficiaries. These are some of the highlights of the first annual Corporate Responsibility (CR) report of PricewaterhouseCoopers in the Czech Republic (PwC) for the financial year 2009.

PwC appointed Věra Výtvarová as a new assurance partner
In her new role, she will be responsible for audit and advisory services for international and local companies in the general manufacturing, retail, and consumer and services sectors.

No place to hide from the digital revolution. Structural not cyclical change for global Entertainment & Media industry
Over the next five years, digital technologies will become increasingly widespread across all segments of entertainment & media (E&M) as the digital migration continues to expand according to the PricewaterhouseCoopers Global Entertainment & Media Outlook 2009-2013.

Revenues under pressure and operating costs continue eroding profit margins, the going is tough says PwC report
This sixth edition of Mine, the annual report reviewing global trends in the mining industry, says that despite the impact of the downturn, the results for the year to 31 December 2008 were strong, but operating costs continue to erode profit margins which presents a tough road ahead, requiring companies to control costs and be flexible.

CEOs are struggling to balance cost reduction with supporting critical talent and improving productivity
Over the last year, there has been a pronounced shift in the people objectives of CEOs’ worldwide, according to the PricewaterhouseCoopers (PwC) 12th Annual Global CEO Survey. The availability of key skills has slipped from being the number one challenge facing CEOs globally in 2008 to rank seventh in this year’s survey as leaders turn their attention to surviving the downturn.

PwC BA is a Gold Approved Learning Partner for the ACCA
ACCA (Association of Chartered Certified Accountants) is a global professional accountancy body which provides a first-choice qualification in finance, business managment and accounting. The approval is given to tuition providers who demonstrate that they meet the challenging performance targets set by ACCA.

Governments need to prepare exit strategies from companies they backed during crisis
As the economic crisis bites, CEOs support government intervention, but are seeking more effective leadership, improved business-to-government collaboration and smarter regulation to improve the future prospects of the global economy, says the latest PricewaterhouseCoopers report entitled Government and the global CEO: Redefining success. The report draws on the results of the prestigious CEO Survey, and adding to it with valuable insights from key government officials.

Revenues under pressure and operating costs continue eroding profit margins, the going is tough says PwC report
This sixth edition of Mine, the annual report reviewing global trends in the mining industry, says that despite the impact of the downturn, the results for the year to 31 December 2008 were strong, but operating costs continue to erode profit margins which presents a tough road ahead, requiring companies to control costs and be flexible.

Dennis M. Nally Selected As Global Chairman of PricewaterhouseCoopers
PwC member firms worldwide ratified the selection of Mr. Nally, 56, by the PricewaterhouseCoopers Global Board. Samuel A. DiPiazza, Jr., the current Chairman announced last November that he was retiring after a 35 year career with the firm. He will remain with PwC for a transition period and will formally retire from PwC later in 2009.

Investment performance tops insurance risks
The ability to turn in a strong investment performance is seen as the key challenge facing the insurance industry as it manages its way through the financial downturn. With over 400 responses from 39 countries, the new Insurance Banana Skins survey, conducted by the CSFI in association with PricewaterhouseCoopers, shows how respondents rank the risks facing the industry.

Financial services will adapt to its new world with significant changes to its traditional models argues a new PricewaterhouseCoopers report
The global financial landscape has reshaped significantly, states a new PricewaterhouseCoopers (PwC) paper, “The Day after Tomorrow’’. It analyses the emerging themes and new models as the fallout from the credit crisis continues and financial services providers grapple with a new environment.

European real estate industry ‘hunkering down’ for 2009
Central European markets held their own, despite a generally gloomy outlook for European real estate market in 2009, according to the report Emerging Trends in Real Estate® Europe, 2009.

Managing tomorrow’s people – global survey reveals what the millennial generation want from work
According to a new global report published by PricewaterhouseCoopers today, the perception that the new generation of workers, the ‘millennials’, are disloyal and will completely reject traditional work practices is a myth.

CEO Confidence Plummets to New Low Most Top Executives Expect Slow Turnaround
Battered by recession, CEOs' confidence about future prospects for business has plummeted and executives expect a slow, gradual recovery over the next three years

US Companies to continue to dominate European Software Markets
Europe’s IPO markets suffered a dismal fourth quarter in 2008, with both value and volume falling markedly from an already poor third quarter, as stock exchanges continued to suffer from the worldwide loss of confidence in the capital markets and global economic crisis.

Emerging economies now being hit hard by the global recession, but their share of world GDP could still be over 50% by 2014
The emerging economies will see a sharp slowdown in growth in 2009, but they could still surpass the advanced economies as early as 2014 in terms of their share of world GDP, according to calculations by economists at PricewaterhouseCoopers LLP.

European IPO markets suffer a dismal fourth quarter marking a five year low in activity
Europe’s IPO markets suffered a dismal fourth quarter in 2008, with both value and volume falling markedly from an already poor third quarter, as stock exchanges continued to suffer from the worldwide loss of confidence in the capital markets and global economic crisis.