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Kennametal Europe Holding GmbH
Dr. Thomas Lask
, European Counsel

"Kennametal group is a leading global supplier of tooling, engineeringcomponents, and advanced materials that are consumed in productionprocesses. PwC provided us with tax and business consulting services. Weappreciated the nature of their cooperation with us.

WYKO Industrial Services Ltd
Andrew Gerrish
, Operations Project Manager
Chris Storer, International Financial Controller

"WYKO Industrial Services, the leading UK industrial distribution company in the maintenance, repair and overhaul market, established its first branch in CEE in May 2006. This was a new venture for the company, and was effectively a “green field” operation rather than a joint venture or acquisition.

PwC are WYKO’s UK auditors and initial contact was made with the PwC Bratislava office in October 2005 during a preliminary investigative visit to Slovakia.
PwC were immediately able to understand and appreciate the potential difficulties of a UK company setting up in Slovakia, not least the language challenges.
Their network of contacts in many different areas proved invaluable – banks, payroll/accounting services, property agents, car lease companies etc.

PwC provided specific assistance in the following areas:

  • Company registration – establishing a limited liability company, WYKO s.r.o., which included incorporation and trade licences
  • Tax – corporate tax registration and VAT registration
  • Employment law – the adapting and translation of UK employment contracts to comply with Slovakian employment law

All advice and correspondence was easy to understand and very comprehensive, and all PwC staff were extremely helpful and pleasant, and were of huge assistance. Any queries were dealt with efficiently and promptly, and the overall standard of service was excellent."

AAE Ahaus Alstätter Eisenbahn AG - European Rail Freightcar Leasing
Kirsten Trost, Treasurer

"The tax team at PWC Bratislava has provided for a number of years a very efficient and effective 13th EU Directive refund service for AAE.But, this year we were faced with a customer problem related to withholding tax that could possible cost our company a lot of money and administration.The tax team at PwC reacted quickly to our request and was able to provide us with credible and understandable advise that solved our problem and which our customer was also able to use. It was useful that the advise was able to be provided quickly without too many formalities standing in the way. And, I was especially impressed with the way that the team shared knowledge of our company in order that we did not have to bring an advisor in a different area of the team up to speed on our business. The people that we work with are friendly and professional and genuinely interested in solving problems.

The fast reaction had a lot to do with our maintaining and improving our working relationship with our customer showing them that we could offer solutions to more than just their freightcar needs."

Tube City IMS Corporation
Thomas E. Lippard
, Vice President and General Counsel

"We are pleased to highly recommend PwC Slovakia for audit, tax and consulting services in Slovakia and as a liason to their other offices throughout Europe. We have worked with PwC Slovakia since 1999 in structuring a limited liability company subsidiary and in all audit, tax, accounting and employement issues related to the ongoing business of the subsidiary. The PwC Slovakia team, led by Zuzana Valerová, is extremely capable, responsive and creative and has been invaluable to us in operating in Eastern Europe and the EU."