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Kaprain Holding and its owner, the financier Karel Pražák [the surname translates as “Praguer”], are a growing presence on the Prague property market. Pražák, a former colleague of wealthiest Czech and investor Petr Kellner, has over a short time completed some major real estate acquisitions. Most recently he acquired a large car park property situated right alongside Kellner’s O2 Arena in Prague 9’s Vysočany quarter. Housing worth billions of crowns is to be constructed on the site.
By the end of October, SWELL a.s., the leading Czech provider of services in applied research and development for automotive industry, based in Hořice, Hradec Králové Region, will have changed its ownership. Genesis Private Equity Fund II (GPEF II), which was the owner of 96% stake, sold its share to the international group Altran. Together with GPEF II also the executive managers of SWELL sold their minority stake, and Altran becomes the sole owner of the company.
International law firm CMS has opened an office in Hong Kong. Following years of previous activity by the CMS International Arbitration Group in Hong Kong and intense preparations, approval was recently received from the Law Society of Hong Kong. This enables the firm to be represented in this location from September 2016. This is the second international office to be opened in 2016, after Tehran in February.
Is it possible to turn cars into movie stars in the sense of “different model, different role”? German carmaker Volkswagen, parent of Czech flagship company Škoda Auto, has demonstrated to the world that it is. And the world found it quite breathtaking