Before privatization, the state enterprise Bioveta struggled with overemployment, insolvency, technological obsolescence and inefficient management methods. "When we privatized it in the mid-1990s, we had to reduce the number of employees from 250 to 130 in order to have enough money for salaries. In thirty years, we have increased the revenues from seventy million to three billion CZK, while growing our profit from zero to one billion CZK. Today, we employ around 740 people in plants equipped with state-of-the-art technologies. The company’s success is based on our own R&D and sale of final products with high added value. Our sales have been growing for a long time. Last year alone, we grew by dozens of percent," says Libor Bittner, CEO and co-founder of the pharmaceutical company Bioveta based in Ivanovice na Hané.
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Before the war in Ukraine broke out, Russia and Ukraine accounted for around thirty percent of our company's total revenues. "Thanks to the high level of geographical diversification of our export markets and the commitment of our employees, salespeople and distributors in particular, we managed to sell the ordered machines elsewhere. In addition, we reached annual growth of over thirty percent in the last two very complicated years," says Jan Bednář, sales director of the family company BEDNAR FMT.
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While the International Chamber of Commerce is celebrating its 105th anniversary this year, the National Committee of the ICC CR is only 25 years old. Meanwhile, the Czech branch has a strong position among the 170 branches across the globe. One example: the ICC’s Paris-based HQ recently assigned the Czech branch with a new project focusing on the integration of ESG strategy into the ICC’s services. We talked about this and many more with Jitka Haubová, Chairwoman of the ICC Czech Republic.
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"For every entrepreneur, it is important to know that their people stand behind them and are willing to accept and fulfill their vision. Innovation makes sense if it motivates your co-workers and if they embrace it. Without that, you won't bring your idea to life, regardless of how amazing it may be," emphasizes Eva Poláchová, member of the board at two of our major insurance companies, namely ČPP and Kooperativa from the Vienna Insurance Group. Mrs. Poláchová has dealt with innovation throughout her whole career, so she is well familiar with the topic.
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Architect, seamstress, IT specialist, metalworker, artistic carpenter, glassmaker, and costume designer. Pastry chef, electrician, interpreter, pilot, restorer, and stonemason. These seemingly disparate, highly specialized professions have a common denominator - the film industry. These, and many other fields in which the Czechs are experts on a global scale, function as suppliers to the audiovisual industry. They’re one of the reasons why Hollywood producers like to come back to us,” says Helena Bezděk Fraňková, director of the Czech Film Fund.
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"The most important thing is the ability to listen," says the CEO of the Czech wholesale company EURO NÁŘADÍ Martina Pěčková. "Our team is made up of both men and women, despite the often demanding manual work. It is crucial for me that they keep friendly relations within the team, besides achieving good economic results."
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