Stories in English

Innovation gives Retap competitive edgeFrom fireplace stoves to nano cleaners

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It all began in a small workshop in the early 1990s, without any capital but with a lot of enthusiasm. A small family company, Retap first started its business in metal production, then some ten years later, they went on to manufacture their own tiles and tiled stoves. Seven years ago, Retap launched their unique nano air cleaners in the Czech market and abroad. Last year, they won the Family Company of the Year award in the Small Business category.

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Prague as SME hubConnecting entrepreneurs and politicians

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For three days in November, Prague hosted the most important international conference focused on SMEs. The conference is attended by SME representatives as well as officials who administer the rules for doing business. This year, politicians also took part for the first time. I had the honour to lead a delegation of five Member of the European Parliament (MEP) from the political group of liberals Renew Europe. The SME Assembly conference thus became a unique opportunity to connect the world of entrepreneurs and politicians. It is a big step towards cultivating a business environment that requires mutual dialogue.

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Technology, innovation and sustainabilityKB is building a bank for the third millennium

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Jitka Haubová is in charge of operations at Komerční banka. In practice, this means for example ensuring that your payment goes smoothly, that you can withdraw money from an ATM, your contract is legible, your account is functional and your branch is easy to use. Jitka Haubová argues that the bank is intertwined with the daily lives of its clients more than they may realise. It also protects clients from risks and helps them fulfil their dreams.

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SMEs in the spotlight. Finally

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"SMEs are the backbone of the European economy." This is still very true, as SMEs represent 99% of companies in the EU and give work to two thirds of private sector employees. The same share applies to the Czech Republic, where SMEs employ over two million people. Many politicians have overused these figures in nice speeches, but with no real action resulting from it. Thankfully, times are changing.

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