Stories in English

On the future of Europe, here and now

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Without exaggeration, we live in a crucial era in which Europe is making key decisions that will affect the direction of European industry for many decades to come. This is something we are very aware of in the European Parliament. It’s a big topic that is discussed at meetings and taken into account in voting. The stakes are high, and one mistake or a small slip can spell the fate of the united continent.

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David Formánek: Our country is lucky to have great industry leaders

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While some mainstream media may be overly pessimistic about the Czech economy, there are some good news following from an independent survey by Komerční banka analysts. Although 2023 may well be another difficult year ahead of us, there is no reason for “dark scenarios”. Broadly speaking, our economy has overcome most obstacles so far. In Q3 and Q4 2022, we went through a very mild recession, and this year, we should see a slight recovery. We have weathered the energy crisis, while maintaining a high employment rate. We’ve talked about all this with David Formánek, Member of the KB Board of Directors responsible for corporate and investment banking. As Mr. Formánek emphasises, "The Czech economy was supported by foreign demand, as eventually there was no recession in the Eurozone countries. It also showed how viable and strong our companies and their leaders are, which is very encouraging."

Štítky KB

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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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