AN ANNUAL REVIEW FROM THE NORDIC CHAMBER OF COMMERCE IN THE CZECH REPUBLIC A MAGAZINE FROM THE NORDIC CHAMBER OF COMMERCE IN THE CZECH REPUBLIC 6 MÖLNLYCKE INVESTS 1.6 BILLION IN HAVÍŘOV 12 A DANISH DIPLOMAT’S MEMORIES OF VÁCLAV HAVEL 14 TO NEW HEIGHTS WITH FINLAND’S KONE 17 NORDIC MENTORING PROGRAMME ADVANCES 22 A VITAL CHAMBER TURNS 20 3 New apartments in Prague. Our new home. EDITORIAL LETTER FROM THE PRESIDENT Dear Members, n May 1995, representatives of 30 Swedish companies in the Czech Republic established the Swedish Chamber of Commerce in the Czech Republic. Since that time, “Swedish” has been replaced by “Nordic”, and the membership has grown to over 140 companies employing almost 59,000 people all over the Czech Republic. To mark the 20-year-anniversary, the Nordic Chamber will during the year launch a number of special events. On pages 22-23 in this edition of Nordic News you will find an interview with the Chamber’s previous President and co-founder Nils Silfverschiöld. Below is a selection of photos marking the anniversary. I I hope to see you soon at one of our events! Yours sincerely, Developer YIT Stavo presents new modern Finnish-styled living in Prague. The apartments feature unique quality and original design, also thanks to 100 year tradition and know-how. At the same time, great emphasis is placed on every residential project to be environmentally friendly and to save energy. Stefan Lager President of the Nordic Chamber of Commerce in the Czech Republic HOMES WITH SENSE AND SENSIBILITY All photos Jaroslav Fišer Front page Copyright © KONE Corp. Take a look and discover the difference. If you are interested in increasing your marketing exposure to the Nordic community by sponsoring any of the above events, or have any topic that you would like us to cover in the future, please contact Lea Turcarova [email protected]. We reserve the right to make changes to the contents due to unforeseen circumstances. The above agenda may be subject to changes – all members will be given further details or advised of changes by fax or mail. Please make sure to check our web site, www.nordicchamber.cz, for updates. CZECHS IMPROVE IN CORRUPTION RATING PRAGUE (TBE) – The Czech Republic’s placing on Transparency International’s annual global list assessing perceived corruption in the public sector has improved slightly. In the corruption watchdog’s ranking for 2014, released in early December last year, the Czech Republic climbed to 53rd position, up from 57th last year. This means that the Czech Republic is ranked 25th among the EU’s 28 member states. “We see a law that regulates the financing of political parties and an effective system for seizing the revenues of criminality and tax evasion […] as our key priorities,” said David Ondráčka, Director of TI Czech Republic. TK DEVELOPMENT SELLS SHOPPING CENTRE AALBORG (PRE) – Denmark’s TK Development and its partners GE Capital and Heitman have sold the Futurum shopping centre in Hradec Králové to Meyer Bergman. The selling price for the whole centre, which consists of 110 stores covering a total floor space of 28,250 square metres, together with a 14,400-square-metre hypermarket, amounts to EUR 87.6 million. TK Development’s ownership interest in the centre, which opened in November 2000, was 20 percent. The sale of Futurum is part of the Aalborg company’s strategy to sell one or more major completed projects. In total, the Danish company has developed nine shopping centres in the Czech Republic. P ardubice-based ERA, a world leader in next-generation surveillance and flighttracking solutions, has completed the third extension of its surface guidance system at Copenhagen Airport Kastrup. Currently, 27 ERA multi-sensor surveillance ground-based stations and 238 pieces of SQUID vehicle tracking units are in operation there to ensure the safety of the busiest airport in Scandinavia. “Our Swedish plant is still producing fuel for newer Russian reactors of the VVER 1000 type, which are operated, for instance, at Temelín,” Mr Roderick told LN. “We have invested significantly in the production of fuel for VVER 1000 reactors and we are ready to start mass production.” AMAGER BAKKE CHOOSES CZECH SIPRAL PRAGUE (HH) – The Czech company Sipral, an internationally-renowned producer of progressive building envelope systems, has been chosen to supply the façade and an interior glazed partition wall for the Amager Bakke waste-to-power incinerator plant in Copenhagen. The façade delivered by Sipral will consist of 3,250 pieces of extruded aluminium profiles. The Prague-based company will also supply the main entrances to the power plant. Amager Bakke, which will burn 400,000 tonnes of waste annually, costs around CZK 15 billion and will be one of Europe’s most modern incinerators. The completion of the project is scheduled to 2017. SWEDES BREW AMBER NECTAR IN ŽATEC PRAGUE (E15) – Herdi Kader and Cesur Nujen, both Swedes of Kurdish origin, have had a lifelong dream of creating a Kurdish beer. Last spring, they commissioned the brewery in Žatec, northern Bohemia, to produce the first batch of their brand Ava Zer – Golden Water. “We chose the Žatec brewery because it sits in the middle of the world’s most famous hops disctrict,” Herdi Kader says. The Swedish-Kurdish entrepreneurs will not specify how much beer they import from Žatec, but say that they are working to win a position in Sweden’s beer market. The Ava Zer can be ordered from Systembolaget for SEK 16. NAVIAIR, the Danish Air Navigation Service Provider, required improved airport surface surveillance in order to maintain a high level of safety for airport operations during adverse weather conditions and to reduce the risk of unauthorised incursions onto the runway. NAVIAIR also required a singleview of aircraft and vehicle movements over the complete surface coverage. “Thanks to our radar system, the airport can also accurately monitor all movements under bad weather conditions with minimal visibility,” ERA’s Lenka Reichová Stejskalová says. ERA, which is controlled by the Czech arms dealer Omnipol, also supplies military aviation with radar equipment. Recently, the company won a CZK 400 million-tender to supply NATO with two units of its passive radio sensor, VERA. courtesy photo inland’s first private railway operator Fennia Rail has ordered three diesel locomotives from Czech manufacturer CZ Loko. The locomotives will be delivered to Fennia Rail within October, and the company will then start transporting freight on the Finnish rail network. The contract is worth around CZK 180 million. “The long-standing uncertainty regarding the availability of railway rolling stock suited for Finland’s severe weather conditions has come to an end,” says Kimmo Rahkamo, CEO of Fennia Rail. “CZ Loko has built locomotives for 160 years and has experience in building them for different climate conditions and track gauges.” The combustion engines will be manufactured by Caterpillar and will meet modern emissions regulations. They will have the highest traction capacity and lowest emissions of any diesel locomotive in Finland. “Our operations are based on environ- mental friendliness, safety and economic efficiency, with which we offer a competitive mode of transport for Finnish industries – straight connections to ports, for example”, says Petri Lempiäinen, Fennia Rail’s Chairman of the Board. B&O TO EXPAND IN NORTHERN MORAVIA KOPŘIVNICE (KDN) – Bang & Olufsen, the Danish producer of high-end music systems, loudspeakers, televisions and telephones, has filed an application to erect a new warehouse and to enlarge its existing production hall at its premises in Kopřivnive. Currently, 570 people are working for B&O in North Moravia. When the planned expansion is finished in 2017, the Danish company expects to have 1,000 employees in the production and another 300 people working in the warehouse. The reason for the expansion is, according to B&O, the need to increase production to meet the growing demand for the company’s products. courtesy photo CZECH GUIDANCE SYSTEM TO KASTRUP AIRPORT photo: Jaroslav Fišer F 5 I n late January, Czech Defence Minister Martin Stropnický suggested establishing a joint Central European Gripen Training Centre in which not only Czech but also Slovak and Hungarian pilots could be trained. After a meeting with his Swedish counterpart, Peter Hultqvist, in Prague, Stropnický said that Slovakia’s decision to buy the Swedishmade jet fighter would significantly enhance the plan. Both Slovakia and Hungary have shown interest in launching a joint pilot training centre. The Czech and the Hungarian air forces have been using Swedish JAS-39 Gripen for more than a decade. In order to modernise its air force, Slovakia has been discussing the possibility of purchasing Gripens. The Swed- INVESTMENT NEWS LANDMARK VICTORY FOR BUDVAR IN NORWAY ish Defence Minister continued to Slovakia for further discussions after finishing his Czech trip. The Czech Republic hopes Slovakia will buy the Gripen fighters to allow both countries to protect their airspace jointly. Trilateral negotiations in this respect have been underway between Sweden, the Czech Republic and Slovakia for several months. Czech Chief-of-Staff Petr Pavel previously mentioned possible similar cooperation with Slovenia, Croatia, Austria and the Baltic countries. “Currently, a number of countries are deciding how they will modernise their fleets of supersonic air fighters for the coming decades,” Defence Minister Stropnický said. C zech brewery Budějovický Budvar has won a 21-year long dispute with AnheuserBush InBev (ABI) over the registration of the Budweiser trademark in Norway, Budvar applied for the trademark in December 1993, but the world’s biggest brewer filed an objection. The final ruling allows Budvar to continue selling its beer in Norway under the Budweiser trademark. “After 21 long years we have finally reached legal certainty, which will help us develop our commercial activities in Norway further,” Budvar’s lawyer Veronika Sporová says. “Moreover, the Norwegian verdict gives us an important argument which we can use in similar trademark disputes in other countries.” Legal disputes over the famous trademark have been going on since 1907. Czech Budweiser is sold in North America under the label Czechvar, while American Budweiser is labelled as Bud in all EU markets, except for Ireland and the UK. Budvar’s biggest export markets are Germany, Slovakia, the UK, Poland and Austria. The Czech brewer is present in all Nordic countries, with the largest sales in Finland and Sweden. courtesy photo INVESTMENT NEWS courtesy photo 4 TOLERANCE FROM TOM OF FINLAND ŠKODA AUTO PASSES MILESTONE ... H&M LAUNCHES CZECH ONLINE MARKET … BEST EVER IN NORDIC COUNTRIES TAMPERE (KAK) – Finlayson, one of Finland’s oldest textile companies, is entering the Czech market with a unique collection of bedclothes and interior textiles called Tom of Finland. The collection has been created to honour the memory of Touko Laaksonen (1920-1991), an artist who reached global fame as a gay icon under the pseudonym Tom of Finland. Currently, Finlayson offers Czech customers the collection through its eshop, but it will soon also be found in leading Czech department stores. “By presenting Touko Laaksonen’s work, Finlayson wishes to support the idea of tolerance and mutual respect among people,” COO Risto Voutilainen says. STOCKHOLM (DAI) – The Czech Republic is among the six European countries where the Swedish fashion chain H&M has announced it will launch an online market in 2015. During the previous year H&M launched eshops in France, Italy and Spain, and the company also speeded up its online trade in China. “There are significant investments connected to the launch of an online market in a country where we are not yet established, just as there are significant investments connected to the establishment of a regular shop,” H&M’s CEO Karl-Johan Persson told Dagens Industri daily. H&M currently has 42 stores in the Czech Republic. MLADÁ BOLESLAV (KUB) – Škoda Auto set a new sales record in 2014. For the first time in its 119-year company history, the Czech producer last year sold more than one million vehicles, increasing its worldwide deliveries by 12.7 percent to 1,037,200 vehicles. “By setting a new sales record and delivering more than one million vehicles for the first time, the brand has established itself in the ‘Champions League’ of international high-volume manufacturers,” CEO Winfried Vahland commented. In Western Europe, Škoda increased deliveries by 11.8 percent to 413,200. In China, its biggest single market worldwide, Škoda increased sales by 24.0 percent to 281,400 vehicles. 2014 2013 2012 14,500 14,600 10,400 8,100 7,900 Finland 9,200 8,500 8,700 10,300 9,300 Norway 7,400 6,800 6,700 7,400 6,500 Sweden 13,600 12,300 12,100 14,300 13,000 Total 44,700 42,200 37,900 40,100 36,700 Denmark 2011 2010 INVESTMENT NEWS MÖLNLYCKE INVESTS CZK 1.6 BILLION IN HAVÍŘOV T he international textile services company Berendsen, headquartered in Copenhagen, has significantly strengthened its operations in the Czech Republic. In 2010 the company opened a CZK 100 million laundry in Velké Pavlovice, southern Moravia. The plant leases, cleans and maintains working clothes and mats for over 3,000 customers in the Czech Republic and Slovakia. To meet the growing demand for its services, Berendsen in January finished a 1,300-square-metre enlargement of the Velké Pavlovice plant that will triple its capacity. The annex, which including new machinery has cost CZK 80 million, also enables Berendsen to dedicate individual production lines to specialised professional groups. “We have improved the technical quality of our laundry to meet the highest hygienic standards of, for instance, the food processing industry,” Berendsen’s Country Manager, Tomáš Střelský, says. “The modernisation includes a room for the cleaning of textiles that are used in super-clean environments. As a result, we can now reach out to completely new groups of customers.” With over 100 workers, Berendsen has become one of the largest employers in the Velké Pavlovice area. The company reckons on continued growth and has already started the planning of a second plant in the Czech Republic or Slovakia. S weden’s Mölnlycke Health Care, a leading global provider of single-use surgical and wound care products, will build a new factory in Havířov, in the north-eastern part of the Czech Republic. The operation in the new factory will start in 2017 and will employ 200 to 300 people. According to CzechInvest, which negotiated the investment, the project will cost up to CZK 1.6 billion. Since 2002, Mölnlycke Health Care has been operating a factory in the SKANSKA PROPERTY BUYS SMÍCHOV PROJECT PRAGUE (SFO) – Skanska Property Czech Republic has, after stiff competition from a number of developers, acquired the FIVE! office building project in Prague Smíchov from Hochtief Development. The German company has announced that it will pull out of the Czech property market. The FIVE! office building project, which also incorporates a smaller part comprising flats, covers 14,500 square metres and utilises parts of the original building at the location, a tramway depot. The Riverview office building, which Skanska Property recently finished and sold to Invesco, is located close to FIVE! The value of the transaction has not been published. industrial zone in Karviná, located 15 kilometres to the north of Havířov. The company’s Vice-President, Eric De Kesel, told the Czech media that by 2020, Mölnlycke expects a significant increase in sales. “This investment will help us achieve a more efficient management of the production and the logistics which are required for the assembly of a large number of surgical products into final kits. The construction of a new plant in the Czech Republic will help us achieve our business targets in the most efficient and sustainable manner.” Mölnlycke Health Care, headquartered in Gothenburg, has over 7,500 employees in more than 30 countries. Positive experiences with its 600 workers in Karviná were a key reason for the company deciding to expand its production in the region. courtesy photo photo: Jaroslav Fišer 6 SECO TOOLS BUILDS IN BRNO PRAGUE (TBE) – Seco Tools, a world leading manufacturer and supplier of carbide cutting tools and associated equipment, is building new headquarters in Brno. The Swedish company established itself in the Czech Republic in 1994. The company has over the last two decades focused mainly on the Czech aviation and automobile industries and nuclear energy sector. The company has an annual turnover approximating CZK 250 million. The new head office will be finished and put into operation during 2015. Seco Tools, which is wholly owned by Sandvik, is headquartered in Fagersta, Central Sweden. It is present in 60 countries worldwide. courtesy photo SUBTERRA WINS IN STOCKHOLM PRAGUE (TBE) – The Swedish state road authority, Trafikverket, has awarded the Czech construction company Subterra a contract worth around SEK 140 million. Under the contract, Subterra (a daughter company of Metrostav) and its partner, the Slovak construction company STI, will build two access tunnels, which will form a part of Stockholm’s new beltway. The contract also includes the construction of a harbour in the Stockholm area. The work started in early 2015. Subterra has announced that the company also will take part in the tender for the construction of a new repository for spent nuclear fuel at the Forsmark atomic power plant. STIG FUGL LUND NEW DANISH TRADE COUNCELLOR DICTATOR KIM’S UNCLE IN PRAGUE PRAGUE (ČTK) – Kim Pyong-il (61), son of Kim Il-sung, founder of the North Korean totalitarian regime, will be the new North Korean ambassador to the Czech Republic. Mr Kim has been an ambassador to several European countries since 1979, including Yugoslavia, Hungary, Finland and Poland. According to the media, this was to prevent him from influencing politics in his homeland. He is allegedly still considered a threat to the Pyongyang regime due to his resemblance to Kim Il-sung. Kim Pyong-il is the younger half-brother of the late North Korean leader Kim Jong-il and the uncle of present North Korean dictator Kim Jong-un. NEW DESIGN DIRECTOR TO LINDEX MÖLNLYCKE (KAL) – Malin Lindgren will be the Swedish fashion chain Lindex’s new Design & Purchasing Director. Malin Lindgren comes from a similar role at Peak Performance, where she worked for eight years, and has extensive experience in the fashion industry at a global level. She started at H&M and worked there for eight years in a variety of positions, both in Sweden and in Asia. Later, she worked as a Purchasing & Production Manager at Peak Performance. Malin Lindgren has both leadership training and a master’s degree in International Economics from the University of Uppsala. business opportunities and to manage challenges that might occur for those.” Stig Fugl Lund is accompanied in Prague by his wife Dalila. He is active in football, cricket and tennis and has been a member of FCK, the Football Club of Copenhagen, since 1961. In his spare time he also enjoys golf. E ricsson Czech Republic has appointed Radim Janda as its new General Director. He joins the Swedish telecoms giant after 15 years in the Czech telecommunications sector. For the last seven years he had been working in Cisco, where he was responsible for communications with O2 Czech Republic. He will continue the relations with O2 as head of Ericsson’s Czech operations. Mr Janda graduated in Finance and Taxes from the European Polytechnic Institute. “In my work for Ericsson I will focus on making the company a trustworthy technological partner and the first choice for our customers,” Mr Janda says. “With my team I will help tel- PIETARI INKINEN CONDUCTOR OF FOK PRAGUE (ČTK) – Prague Symphony Orchestra FOK has named Pietari Inkinen(44) as its new head conductor. In 2013, the Finnish violinist and conductor conducted Opera Australia’s Ring Cycle. Prague Symphony Orchestra FOK (Film, Opera, Koncert) was founded in 1934. By recording the music for the majority of Czech films in the 1930s and performing regularly in live broadcasts on Czechoslovak Radio, the FOK Orchestra made a name for itself among music lovers. Over the course of the orchestra’s history, many of the world’s most important conductors – and a wide variety of soloists – have appeared with the FOK as guest conductors. ecoms operators to establish a technologically integrated society.” In his spare time, Radim Janda enjoys martial arts. He actively performs Thai box and Krav Maga. R oman Wieczorek (57) has been named the new head of Skanska for Czech Republic and Slovakia. Roman Wieczorek joined Skanska Poland in 1998 and assumed the position of President of Skanska Poland in 2005. He has a degree in Law from Adam Mickiewicz University in Poznan. “Since I have been responsible for business development in all of Central Europe for the four last years, I know the employees, the organisation and the Czech and Slovak markets very well,” R o m a n Wieczorek comments. “In the future I will also consistently build a company culture based on ethical values and complete transparency.” Mr Wieczorek replaces Dan Ťok, who resigned from the company after becoming courtesy photo tig Fugl Lund (60) has been appointed head of the Commercial Department at Denmark’s embassy in Prague. He replaces Jess Møller Knudsen, who has become Trade Commissioner in Toronto. Denmark’s new trade boss in the Czech Republic, who also functions as the Trade Council’s Regional Coordinator for Central Europe and the Balkan countries, graduated in Economics and International Trade at Copenhagen Business School. He joined the Danish Trade Council in 1996, and has previously been stationed as Commercial Counsellor in Rome, Paris and Budapest. “The strong development in trade between Denmark and the Czech Republic shows that Danish companies are well aware of the possibilities on the Czech market and that they are utilising them with regards to production, exports/imports and sourcing,” Stig Fugl Lund says. “My strong ambition is to provide significant value to Danish exporters and subsidiaries in the Czech Republic, to create new ALRIK DANIELSON NEW SKF BOSS ROMAN WIECZOREK TO HEAD CZECH SKANSKA Czech Transport Minister last December. He is married with three children. koda Transportation has named Tomáš Ignačák (45) as its new CEO. He replaces Josef Bernard, who steps down after four years, but who will remain active in other positions in the company. The new CEO started his professional career with Pars DMN Šumperk in 1993, where in 2000 he became CEO and Chairman of the Board of Directors. In 2012, he was appointed Vice-President for Commerce in Škoda Transportation; in the same year, he also became a shareholder in the company. “Škoda Transportation now has an excellent position on the market, so – as a CEO – I would like to focus especially on the correct use of opportunities for growth on foreign markets,” T o m á š Ignačák says. “Running a company such as Škoda T r a n s portation is a great challenge. I hope that Š GOTHENBURG (OST) – Alrik Danielson has succeeded Tom Johnstone as President and CEO of SKF Group. Mr Danielson had been President and CEO of Höganäs AB since 2005. He worked at SKF between 1987 and 2005 and held a number of executive positions within the Group, including that of President of SKF’s Industrial Division and member of the Group’s Executive Committee. Leif Östling, Chairman of the Board of SKF Group, comments: “I am very pleased to welcome Alrik Danielson back to SKF. His experience during 18 years at different positions in SKF makes him a competent successor to Tom Johnstone.” I personally will contribute to its further development.” Tomáš Ignačák graduated from the Faculty of Electronics at VUT Brno. He later studied International Marketing and Management at the University of Toruń; he also holds an MBA from Nottingham Trent University. H avel, Holásek & Partners, the largest Czech and Slovak law firm, has strengthened its team with Lena Pršalová. Before joining Havel, Holásek & Partners, she worked for leading Czech law firms. She specialises in commercial law, corporate law, domestic and foreign acquisitions, company restructuring, and establishing holding structures. She has also been advising on the merger and subsequent spin-off of the Czech division of a multinational leader in inspection and control in the construction sector. Lena Pršalová graduated from the Palacký University School of Law, Olomouc. She speaks English. MAGNUS ALSTERLIND TO HEAD ORIFLAME CZECH PRAGUE (IHN) – Magnus Alsterlind from Sweden has replaced Zuzana Machová as managing director of the beauty product company Oriflame’s subsidiary in the Czech Republic. Mrs Machová will transfer to Bratislava to lead the Swedish cosmetic concern’s operations in Slovakia. Magnus Alsterlind joined the company in 2004, and has previously worked for Oriflame in the Czech Republic and Poland. He comes to the top job in Prague from the position as Senior Director Sales for Central Europe. Mr Alsterlind has an MBA from Henley Management College. His responsibilities as Oriflame’s managing director in the Czech Republic include strategic development of the company. NEW COUNSELS AT KŠB LAW FIRM courtesy photo S courtesy photo courtesy photo aděžda Ptáčková has been named the new General Manager of Skanska Reality. She comes from the post of Director of Skanska’s Project Development and Acquisition department. Her main challenges in the coming period will mainly be to actively support the acquisition of new projects and a stronger focus on a proclient attitude to improve the company’s services. “I am firmly convinced that Skanska Reality under Naďa’s leadership in the Czech Republic will continue to be perceived as an innovative developer that takes values such as ethics, safety and environment seriously,” Mikael Matts, President of Skanska Residential Development in Central Europe says. Naďa Ptáčková has been working in the top management of Skanska Reality since 2004. Earlier in her career she worked in HVB Bank. She has also attended professional courses in Germany, England and the USA. courtesy photo N PEOPLE IN PLACES courtesy photo 9 courtesy photo PEOPLE IN PLACES courtesy photo 8 PRAGUE (KSB) – Nordic Chamber member Kocián Šolc Balaštík has appointed four new counsels. Sylvie Sobolová is a specialist in public procurement and aid, intellectual property, EU law, competition law, litigation and arbitration, securities and capital markets. Christian Blatchford is a specialist in M&A and project financing. Drahomír Tomašuk is a specialist in telecommunications law, personal data protection, banking, and administrative proceedings. Jan Černohouz is a specialist in corporate income tax. With a team of nearly 70 lawyers and tax advisors operating in offices in Prague, Karlovy Vary, and Ostrava, KŠB is one of the largest law firms in the Czech Republic. NEW MEMBERS 10 A nomaly Pictures was established in 2014 by students at Film Academy of Miroslav Ondříček (FAMO) in Písek. The start-up’s business plan is to establish a number of professional film crews, consisting of FAMO graduates, who will offer high-quality video productions in all formats demanded in the market. Thanks to its personal contacts with the Nordic Chamber, it was a logical step for Anomaly Pictures join the Chamber. “A membership in the Nordic Chamber gives us first of all a great opportunity to network at the Chamber’s events; I hope we will be able to offer Chamber members quality services for an appropriate fee,” the company’s founder Michal Turcar says. A n accountancy focusing on small and mid-sized companies, 3kont offers its services to Nordic SMEs and start-ups in the Czech Republic. As a locally-based company, 3kont covers your businesses from an account- ing & tax point of view. Additionally, the company transfers local financial numbers into more common international standards – IFRS. The company prepares profit and loss accounts and bookkeeping documents and reports in English and Czech. 3kont also offers tailor-made payroll services and consultancy in finances and accountancy, as well as help in negotiations with banks. 3kont is especially targeting foreign shareholders running their businesses in the Czech Republic. A s a designer of attractive products or services both in the digital and real world, Direct People is a consultancy that brings in- novation. The company’s staff uncover what is hiding under their client’s surface, which is the key to identifying opportunities for innovation. Through workshops, Direct People analyses information gathered in the field and searches for opportunities to launch prototypes of new products and services. As specialists in product commercialisation, Direct People modifies prototypes until the most attractive version for the client is polished out – if possible on a risk/ profit-share basis, which brings right motivation and business goals to the cooperation. G rant Help focuses on grant and organisational consulting for the subsidy programmes of the EU and other programmes of support. After learning what the client’s objectives are, Grant Help will guide its clients through the whole process of obtaining a subsidy, from recommending a suitable subsidy title to creating ISS RENEWS CONTRACT WITH TESCO PRAGUE (ISS) – The Czech subsidiary of the Danish facility services giant ISS has renewed its contract with Tesco to provide cleaning services for the British-owned retail chain. Since 2011, ISS has been responsible for facility services at Tesco’s 127 stores in the Czech Republic. “Since 2012, Tesco has been our biggest client, so the renewal of this contract is a huge victory for the entire company,” Jan Boháček, General Director of ISS Czech Republic and Slovakia, comments. Under the contract, ISS will take care of interior and exterior cleaning of Tesco’s premises, winter and summer maintenance of roads, and waste compression. a complete project application and providing implementation management of supported projects and other follow-up activities. The company also has an advisory division that offers management consulting services to public and private organisations, business entities and non-profit organisations. Grant Help has a staff of 13 experts in its offices in Prague and Brno. The company is also present in Hungary and Croatia. H olubová advokáti is a Czech law firm that provides services primarily for corporati- founded in Denmark in 1932. The company established in Kladno, Central Bohemia, in 2000, and has currently around 2,000 employees. One part of LEGO Production’s activities in Kladno focuses on assembly, printing and packing of LEGO boxes, which are dispatched to children all over the world. The other part of LEGO Production’s operation specialises in the development and production of marketing items. In addition to LEGO Production, LEGO is also present in the Czech Republic in Jirny, southeast of Prague, where the company’s European distribution centre is situated. S ons and employers, property owners and administrators of property. The firm has access to a broad international network of associated law firms and contacts to lawyers and other professions around the world. This means it can even handle complicated cases with international reach. Clients also take advantage of the possibility of having legal services provided in German, Spanish, English and Swedish. The law firm was founded in 1991. L EGO Production is a part of the world famous toymaker LEGO Group, which was SWECO FINISHES FLOOD DEFENCE PROJECT PRAGUE (TBE) – A 2.7 kilometres-long flood defence system in Beroun has been officially handed over to the city’s authorities. Sweco Hydroprojekt, a subsidiary of the Swedish engineering and environmental technology consultancy, has provided all engineering and design services – from a feasibility study to as-built documentation – to the city of Beroun, the Vltava River Basin Directorate and the contractor’s consortium led by Habau CZ. The construction of the flood protection measures commenced in November 2012 and continued, with an interruption caused by flooding, until June 2014. The measures were implemented within the Ministry of Agriculture’s Support for Flood Prevention project. tance Communications has been providing a comprehensive Public Relations service since 2004. Services rendered to the company’s clients include strategic consulting, media relations – media lobbying, copywriting and publication of press releases, organi- sation of press conferences and informal press meetings, ongoing media monitoring, media training, crisis communication, corporate publishing, original and inventive PR campaigns, internal communication, event management and other services in the field of Public Relations. Stance Communications always choose the solution that is the most suitable for the client’s needs. The company’s core team of staffers collaborates with a wide range of external specialists from all disciplines. X O foods is a supplier of selected Fine Dining ingredients for hotels, restaurants and catering companies operating in Central Europe. The XO team brings more than 10 years’ experience in the world of gastronomy and knows how to make their customers’ wishes and demands come true.XO foods focuses on popular products for international and Czech cuisine; customers will find the best meat from South America, USA, Australia, New Zealand and Europe, delicacies from France, Italy, Switzerland, Russia and the Caspian Sea, and a variety of frozen seafood from oceans across the whole world. The company’s vision is to support chefs in developing and realising their creative ideas. MEMBERSHIP FEES The Annual General Meeting approves annual membership fees. 1. Companies with more than 100 employees – CZK 40,000 per annum or pro rata 2. Companies with 31-100 employees – CZK 30,000 per annum 3. Companies with 11-30 employees – CZK 20,000 per annum 4. Companies with up to 10 employees – CZK 10,000 per annum 5. Individuals – CZK 5,000 per annum CONTACT INFORMATION: ANOMALY PICTURES, S.R.O: Revoluční 8, 110 00 Prague 1, T: + 420 728 028 289, E: [email protected], www.anomaly-pictures.com 3KONT S.R.O.: Na Pokraji 2/540, 190 00 Prague 9, T: +420 607 816 289, E: [email protected], www.3kont.cz DIRECT PEOPLE: Komunardů 32, 170 00 Prague 7, T: +420 604 223 601, E: [email protected], www.directpeople.cz GRANT HELP S.R.O.: Václavské nám. 23, 110 00 Prague 1, T: +420 773 993 906, [email protected], www.granthelp.org HOLUBOVÁ ADVOKÁTI S.R.O.: Za Poříčskou bránou 21/365, 186 00 Prague 8 , T: +420 224 914 050, E: [email protected], www.holubova.cz LEGO PRODUCTION: Jutská 2779, 272 01 Kladno, T: +420 312 778 111, E: [email protected], www.lego.com/cs-cz STANCE COMMUNICATIONS, S.R.O.: Salvatorska 931/8, 110 00 Prague 1, T: +420 224 810 809, E: [email protected], www.stance.cz XO FOODS: Přerušena 189, 160 00 Prague 6, T: +420 270 005 300, E: [email protected], www.xofoods.com “TORDENSKIOLD” SHOT IN PRAGUE PRAGUE (CTK) – In October and November, led by the Danish director Henrik Ruben Genz, a crew of 120 film professionals shot scenes in Prague and six other locations in the Czech Republic for a film about the Norwegian-Danish naval hero Tordenskiold. The historic film is set in the year 1720, when Vice-Admiral Tordenskiold has just won the battle of Dynekil and is touring Europe in search of new challenges. Nimbus Film, the producer, invested CZK 70 million in the shooting in the Czech Republic. The release of “Tordenskiold”, whose title role is played by the Norwegian actor Jakob Oftebro, is scheduled for January 2016. SYSTEMAIR EXPANDS IN CENTRAL EUROPE ŠKODA TRANSPORTATION WON IN GERMANY PLZEŇ (IDE) – The Czech train manufacturer Škoda Transportation has won a CZK 10 billion contract with the British company National Express in Germany. Under the contract Škoda will deliver 38 RegioPanter electric trains to Nuremberg, where the British company will run the suburban S-Bahn system from 2018 to 2030. Škoda Transportation has in earlier years delivered mainly to eastern Europe, but this is the company’s second mega contract in Germany within short time. “Our high-quality trains offer a competitive mix of low operational costs, low energy consumption and a fair price,” Škoda Transportation’s Vice President Zdeněk Majer said. courtesy photo DANISH HOTEL UP FOR SALE courtesy photo PRAGUE (TBE) – Swedish ventilation manufacturer Systemair, which in 2010 acquired the Czech company VKV, has reached an agreement to acquire the Frankfurt-based sales company Airwell Deutschland. In 2014, the company had 15 employees and an estimated turnover of EUR 7 million. “This gives us a wider base in Germany and contributes to the group’s know-how within commercial air conditioning,” says Systemair CEO Gerald Engström. “We see great synergies with our latest acquisitions in France and Italy. We will immediately merge the operation with our existing Systemair company in Germany and take advantage of synergies in administration and logistics.” NEW MEMBERS 11 PRAGUE (TBE) – Danish couple Jette Boel and Niels Brøchner have announced that they wish to sell their hotel Zámek Kněžice in the Šumava region. The couple bought the run-down baroque palace in 2003. After a cost-intensive restoration the palace was opened as a hotel and wellness centre a year later, targeting especially Danish tourists. “Because of the financial crisis, the demand among Danish clients has not met our expectations,” Mr Brøchner told the Jyllandsposten daily. The hotel was put up for sale at a price of EUR 1.2 million two years ago, but in January 2015 had still not been sold. THE WORD IS YOURS 12 Conference on Security and Cooperation in Europe, which culminated in the signing of the Final Act at the summit in Helsinki in 1975. I spent two years in committees dealing with human contact and the exchange of information, key subjects for us in the West, but anathema to the Soviet Union and its vassals. Just two years later, we witnessed a real practical result of the Helsinki agreements when Charter 77 was signed by a number of very courageous people in Czechoslovakia. The Charter quite rightly asked the authorities to respect the commitments they had undertaken in Helsinki. Václav Havel was one of the leaders. I knew only a little of him or his associates, but I was full of admiration for their initiative. As we all know, Havel and many others were imprisoned for their entirely legitimate beliefs and activities. Fast forward to 1989. As the new department chief at our ministry I was invited in early October for lunch by the then Czechoslovak ambassador in Copenhagen. We discussed the new government in Poland and the unrest in the German Democratic Republic. I enquired about the situation in Prague and in particular what kind of role people like Havel and Dubček might NORWEGIAN GAS TO UKRAINE OSLO (REU) – In October last year, Norway’s Statoil signed a deal to sell gas to the Ukrainian state gas firm, Naftogaz. According to a source in the Ukrainian energy sector, the price was much lower than for Russian gas. “The agreement with Naftogaz is for deliveries of gas in Slovakia,” Statoil spokesman Morten Eek said. “From there they are responsible for transportation.” He did not reveal the value of the deal. “In a Statoil context, this is a short-term and relatively low-volume agreement,” he said. Statoil is Europe’s second-largest gas supplier after Gazprom. Ukraine imports 60 percent of its gas consumption. As we all know, just a few weeks later, Havel and Dubček stood on the balcony of the Melantrich building, greeting the multitude who had forced the communist regime to step down. And shortly afterwards, Havel was in the Castle. Even a great man at the centre of historic events could not foresee what was to come just a short time later. A comforting thought for us mere mortals. Subject of unfounded criticism play in the future. He laughed at me as if I was a complete idiot; Havel and Dubček were scum, he proclaimed, who would never play any important role in the development of his country. A couple of weeks later a colleague of mine found himself in Prague, at an informal lunch, seated next to the by now worldfamous chain-smoking playwright, recently released from jail. “When will real change come to Czechoslovakia?” my friend asked Havel. Soon, as in Poland and the GDR? No, no, came the answer. The trauma of 1968 and “normalisation” weighed so heavily on his countrymen that he thought it would be a long time before anything like that happened. OK, said my friend, but when something does happen, what will be your role? “My role?” Havel shot back, I’m a playwright, not a politician; I shall not have any role to play. MORE CZECHS GO FOR TESLA PRAGUE (LN) – Tesla Motor’s full-sized electric five-door, luxury liftback model S is slowly penetrating the Czech market. Of the 83 electric cars that were sold in the country during the first half of 2014, 30 were Tesla M. Considering the price – around CZK 3 million – and the fact that Tesla doesn’t have a Czech sales office, so clients most often travel to Holland – the result is seen as promising. “Unlike other countries, the Czech state doesn’t give electric cars any subsidies,” comments Pavel Tunkl of the Union of Car Importers. The total number of charging stations in the Czech Republic is 220. COPENHAGEN (DR) – 2014 was a record year for wind power in Denmark. According to the website Energinet.dk, 39 percent of all electricity used in Denmark last year was produced by wind power. The increase can be attributed in part to the more than 100 new offshore windmills that were installed in 2014. The Danish government has set the goal of having half of all electricity produced by wind power by 2020. “We have set a one-of-a-kind world record. And it shows that we can reach our ultimate goal – namely to stop global warming,” Climate Minister Rasmus Helveg Petersen told broadcaster DR. courtesy photo DANISH WIND POWER RECORD I had the fortune to meet President Havel early in the new year, 1990. In February I travelled with my foreign minister, Uffe Ellemann-Jensen, to Prague to establish contacts with the new government. We met Havel at the Castle, of course, as well as Jiří Dienstbier at the Černín Palace. But the high point was a dinner in the then am- courtesy photo for four decades. If that had been the case, I fervently hope that a figure with the stature of Václav Havel would have emerged in Denmark as the head and symbol of our movement to throw off the shackles of Communist totalitarianism and foreign domination. But precisely because we could again enjoy our freedom after the defeat of Nazism, no such figure was needed and therefore did not appear. In Czechoslovakia and other Warsaw Pact countries the situation was, to put it mildly, of course very different. In mid-1989 I was the newly appointed chief of the department for Eastern Europe in the Danish Ministry of Foreign Affairs, and in that part of the continent dramatic things soon started to happen in one country after another. Sixteen years earlier, my first assignment in the Foreign Service had been as a member of the Danish delegation to the MY MEMORIES OF VÁCLAV HAVEL courtesy photo This issue’s guest writer is Christian Hoppe, Denmark’s Ambassador to the Czech Republic In 1945, Denmark was liberated by British forces. However, if the Red Army had reached our border first, our destiny could have been the same at that of Czechoslovakia and we would both have been members of Comecon and the Warsaw Pact THE WORD IS YOURS 13 MY MEMORIES OF VÁCLAV HAVEL bassador’s dining room. The background is this: A year before, in early 1989, our minister had been in Prague, and in solidarity with the dissidents – and with strong opposition from the authorities – he had organised a lunch for many of them in that very same dining room. All those invited came, except one: Václav Havel. He had a good excuse for not turning up: he was in prison. In his honour, Uffe EllemannJensen had left an empty chair at the lunch table. Now, a year later, he did come for a meal in his new capacity as President. Several other former dissidents were there as well. It was a wonderful occasion. Like other guests, I was a bit puzzled to see the President standing in a corner by himself, lighting one cigarette with another. He was obviously a very shy man, unused to being the main centre of attraction. But the centre of attention he obviously was. Gradually, we all gathered courage to come up and talk to the great man, and then he truly warmed to the occasion. At the table he delivered one of his famous speeches on politics and morality. I met Vaclav Havel a few more times at international gatherings, but this encounter in Prague in early 1990 was the high point. I deeply regret that he passed away before I arrived here again as ambassador in 2012 – I would have loved nothing more than to visit him for some informal chats about the recent history of his country. I would also have liked to get his analysis of his own plays, which I have difficulty in understanding. In this respect, however, I have found comfort in one of his essays where he says that he, too, sometimes found his plays difficult to understand! It is often said that great prophets are not honoured in their homeland. With Václav Havel that is not exactly true, but on the other hand I have been much surprised to see how often the late President is subjected to unfounded criticism here in the Czech Republic. In this sense, he shares his destiny with some of the other truly great leaders of only 25 years ago, like Lech Walesa and Vytautas Landsbergis. But for people in my country and across the world, and for me personally, Václav Havel is and will always remain one of the outstanding, great statesmen of my lifetime. Now, 25 years after the Velvet Revolution, his moral authority is very much missed across our continent. VATTENFALL SUES GERMANY OVER PHASE-OUT … MOL COMPLETES TAKEOVER OF LUKOIL … CZECH EPH INTERESTED IN TAKEOVER LESS COAL MINING IN SILESIA LONDON (WNN) – Swedish utility Vattenfall is suing Germany at the Washington-based International Centre for Settlement of Investment Disputes over the closure of the Brunsbüttel and Krümmel nuclear power plants. The move follows the German government’s decision to withdraw from nuclear power in the wake of the Fukushima accident. According to German media, the Swedish company is seeking EUR 4.7 billion in damages. Following the Fukushima accident in 2011, the German government announced the withdrawal of the operating licences of eight German nuclear power plants, which included Vattenfall’s two units. BRATISLAVA (REU) – The Mibrag unit of Czech energy group Energetický a Průmyslový Holding (EPH) is interested in all of Vattenfall’s brown coal portfolio and possibly other assets belonging to the Swedish group. In October last year, Vattenfall announced it might sell its lignite power plants and mines in Germany, potentially raising up to EUR 3 billion, in a retrenchment after write-offs on past acquisitions sent it deep into the red. “Mibrag, with the support of EPH, is interested in all of the brown coal portfolio, and of course if other assets like hydro assets were added it would not diminish our interest,” EPH’s Daniel Křetínský said. BUDAPEST (BBJ) – The Hungarian oil company MOL has completed the takeover of the business activities of Russia’s Lukoil in the Czech Republic, with assets that include 44 service stations. Following MOL’s previous takeover of Agip service stations in the Czech Republic from Italy’s ENI, MOL currently operates 192 service stations under the Slovnaft, Pap Oil, and Lukoil brands in the Czech Republic. According to MOL Vice-President Lars Höglund, the brands will be united in the course of 2015 under two names – MOL and Pap Oil. Benzina remains the largest Czech operator, with 338 service stations. WARSAW (FT) – Europe’s biggest coal miner, Kompania Weglowa, will close four of its mines in southern Poland and axe 4,800 workers in a last-ditch attempt to drag the struggling company back into profit. Poland has the second-largest coal deposits in Europe and is desperate to use the fuel to offset a reliance on foreign gas imports. But tumbling oil prices and the impact of American shale production on energy prices has reduced the price of coal over the past 18 months to levels that rendered many of Poland’s mines unviable. Coal mining in Poland employs more than 100,000 people, mainly in the southern part of the country. courtesy photo doing to replace outdated elevators in “paneláky” – blocks of flats – and other communist-era buildings with safe and modern equipment. “This business area has been quite relevant to us during the past ten years,” says Filipe Nóbrega (photo), the 39-year old Portuguese who has been General Manager of KONE’s operations in the Czech Republic and Slovakia since 2011. “Its importance has decreased in the largest cities, as many buildings have already been modernised, but we still expect a significant part of our business to come from this segment in the upcoming years.” Region’s biggest market KONE, ranked as one of the world’s fourth-largest elevator producers, arrived in the then Czechoslovakia in 1991. A decade later, the company firmed up its Czech footprint by starting a components factory with 220 employees in Ústí nad Labem, which currently is one of KONE’s three production sites in Europe. With regard to the tough competition in the local elevator business, Mr Nóbrega sees a clear competitive advantage in having a factory located in the country. “For sure, this allows us to be more flexible to customer requirements, to react faster to any specific requests and, due to close collaboration with the factory, to introduce within a short period of time any quality improvements, which we monitor continuous- GREAT COMPOSER – GREAT HONESTY HELSINKI (YLE) – This year sees the 150th anniversary of the birth of Jean Sibelius. To mark the milestone, Helsinki City Museum has published a new guide booklet highlighting significant places in the brilliant composer’s life. But rather than a hagiography, the museum aims to give an honest portrait. A present-day Helsinki café that was once a bank is presented as a pla ce where the often-broke artist went to beg for loans. The self-guided tour also includes a house in Järvenpää in which Sibelius tried to rent an apartment but was rejected because the owner would not take on heavy drinkers. ly in our projects,” KONE’s boss in the Czech Republic says. While escalators are also an important part of the company’s operations, KONE’s biggest business in the Czech Republic is by far the elevator market – in terms of new installations, as well as the full replacement of old units. The company targets all segments and has a strong position both in the commercial segment (offices; retail; hotels; hospitals) and in the residential area. Compared to the other Visegrád countries, the Czech elevator market boasts quite a vital performance: “While Poland – with nearly 40 million inhabitants – represents the biggest new installation market, the Czech Republic is the region’s biggest full replacement market,” Filipe Nóbrega says. AS IN PRISON, SO IN DENMARK COPENHAGEN (CPO) – The Danes are European champs at prison breaks – either that or prison security is terrible – according to new figures from the European Council. From 2007 to 2011, there were on average 35.8 escapes from prison per 10,000 inmates, which exceeds Germany’s 1.6 by more than 24 times. Eva Schmidt, head of Denmark’s crime prevention council, doesn’t think the problem can be solved with harsher penalties. “It’s not reasonable to punish prisoners for trying to flee. They have been handed down punishment and it is we who must ensure that the punishment is served.” The KONE boss’s optimism is also fuelled by recent market developments. The Czech construction sector was badly hit when the financial crisis erupted in 2008. As a result, the size NORDIC INDUSTRY FOCUS TO NEW HEIGHTS WITH FINLAND’S KONE of the elevator and escalator market is still significantly smaller than it was prior to the crisis. But in 2014, the market saw a slight revival. Moreover, KONE has been able to find new opportunities in terms of segments and regions to boost its business in the country. Currently, the Finnish company is finalising one of its largest projects in the Czech Republic ever – the installation of 16 elevators in a landmark business centre in Prague’s Nové Butovice. “We have been growing in the Czech Republic since our establishment in 1991, and our aim for the future is to continue this trajectory of profitable growth,” Filipe Nóbrega says. “To achieve this we are constantly committed to exceeding the expectations of our customers while introducing the most innovative solutions in terms of products and services.” T.B.E H courtesy photo courtesy photo n 2014, the elevator and escalator maker KONE was Europe’s only producer of industrial machinery to make it onto Forbes’ list of the world’s most innovative companies. Few nations have felt the Finnish company’s modernising drive more strongly than the Czech Republic. During the last two decades, KONE has installed over 6,500 elevators and escalators in the country. Some of the projects have made headlines in the media, thanks to their record-breaking parameters. The 18 elevators that KONE installed in 2007 in Prague’s City Tower skyscraper travel at a speed of six metres per second – that’s over 20 kilometres per hour – which makes them the fastest elevators ever installed in the country. Five years later, the Finnish company won the mega-prestigious contract to equip the AZ Tower in Brno, the country’s tallest building, with six elevators. Less flamboyant, but more important to ordinary Czechs, is the work KONE’s more than 200 employees are TO NEW HEIGHTS WITH FINLAND’S KONE courtesy photo I 15 courtesy photo NORDIC INDUSTRY FOCUS 14 A PIRATE’S TAKE ON OPEN GUESTS STOCKHOLM (LOC) – When Sweden’s security establishment in January gathered at a conference in Sälen, Gustav Nipe, President of the Swedish Pirate Party’s youth wing, set up a Wi-Fi network called “Open Guest”. As the Wi-Fi network was not encrypted, Nipe says he was able to track which sites people visited, as well as the emails and text messages of around 100 delegates, including politicians, journalists, and security experts. “The security establishment in Sälen was pushing for more surveillance, but then leading figures go and log on to an unsecure W-Fi network,” the unimpressed Pirate commented. eadquartered in Espoo outside Helsinki, KONE – “machine” in Finnish – was founded in 1910 and has currently some 43,000 employees in over 50 countries. In addition to manufacturing elevators and escalators, the company provides maintenance services and builds and services automatic doors and gates. Since 1924, KONE has been owned by one of Finland’s wealthiest families, the Herlin family. The current Chairman of KONE’s Board of Directors (since 2003) is Antti Herlin, great-grandson of the first owner. In 2013, the Finnish company had annual net sales of EUR 6.9 billion. VERY CRUEL AND EVIL DISCRIMINATION TRONDHEIM (ADR) – John Jeanette Solstad Remø, a 65-year-old transgender Norwegian, looks like a woman but is legally a man. To avoid constant confusion when presenting his identity card, Mr Remø applied to have his gender officially changed to “woman” in his ID. However, the Health Ministry declined to comply until Mr Remø surgically removed his penis and testicles. Mr Remø, however, who is happily married to Mrs Remø, is not willing to undergo the operation, and complained to the anti-discrimination Ombud. After investigating the case, the Ombud concluded that that Mr Remø has indeed been subjected to discrimination by the Norwegian state. 17 EQUAL OPPORTUNITIES IN POLITICS NORDIC MENTORING PROGRAMME ADVANCES A “Just the possibility to sit down and speak for several hours with an experienced politician who has not only achieved great results in politics, but also managed to combine her career with family life, was tremendously inspiring to me,” Lucie Válová says. “Gina is a very energetic woman and I felt her support and understanding from the first moment of our meeting.” According to Mrs Válová, Czech women are so poorly represented in politics – they make up less than 20 percent, both at local and national level – because of two structural problems. The first is a considerable gender gap in wages. ADVERTISING Ericsson believe that in 2020 we will have 50 billion connected devices around the world. In 5 years, there will be over 3 billion subscribers, who have between 5 and 10 devices connected to the network each. Their devices will not only communicate with one another, but also with the responsive environment. Connected glasses can show you more than you see. Connected shoes can make you run faster. Things finally start to communicate and everything that can benefit from being connected will be connected. It is a huge challenge for ICT industry. At Ericsson, we want to be the driving force of this transformation. With our investments in R&D, we ensure that our solutions - and our customers - stay in front. Czech women are on average paid lower wages than their male colleagues, which logically make them economically much less independent than women in Scandinavia. The second problem is the huge shortfall in child care institutions and a system in which mothers are encouraged to stay at home with each child for four years. “The fact that parents in reality don’t have a place where their children are looked after obviously makes women’s return to professional “FINNISH LOANS” GAINING GROUND PRAGUE (E15) – The number of microloans, in the Czech Republic often referred to as “Finnish loans”, is rapidly growing in the country. Currently more than 30 firms, mainly from the Baltic states, are offering quick loans of up to CZK 5,000. The standard fee for borrowing CZK 5,000 for a couple of weeks is CZK 1,500, which represents an annual effective interest rate of one thousand percent. The microloan business is not regulated by Czech law, which is only effective for consumer loans above CZK 5,000. This type of microloan was first introduced by the Finnish bank Ferratum. PRAGUE (E15) – Sweden’s IKEA is still the leader in the Czech furniture market with an estimated 20 percent share, but its competitors are preparing strong expansion. Germany’s Sconto has announced that it will almost double the floorage of its warehouse in Prague’s Černý most. In nearby Vysočany, the Austrian chain XXXLutz is building its second warehouse in Prague. The Austrian company recently also decided to start building a new warehouse in Brno in 2015. And finally, the Czech furniture chain Asko, which in 2011 was bought by the German Porta concern, has announced that it will re-open a warehouse in Olomouc. i want to run faster COPENHAGEN (BOR) – Based in Give in Jutland, Goodwind was in the late 1980s one of the pioneers in the transport of components for the wind turbine industry. After establishing subsidiaries in Sweden, Norway and Germany the company recently opened a subsidiary in Poland. The Polish venture is, according Goodwind’s General Director, Hans Ove Dahl, meant to offset falling growth in the German market. From its base in Poland, the Danish transporter also intends to target the wind turbine market in the Czech Republic and Slovakia. Current blades can be more than 80 metres long, which poses demanding transportation challenges. courtesy photo I am connected Country Manager of Ericsson Czech Republic n its Global Gender Gap Report, the World Economic Forum quantifies the magnitude of gender-based disparities and tracks their progress over time. While no single measure can capture the complete situation, the Global Gender Gap Index seeks to measure one important aspect of gender equality: the relative gap between women and men across four key areas: health, education, economic participation and opportunity, and political empowerment. In the WEF’s Global Gender Gap Report for 2014, the Czech Republic was ranked 96th out of 142 countries surveyed; this was the worst result of all countries in post-communist Europe. IKEA MEETS TOUGHER COMPETITION DENMARK’S GOODWIND TARGETS CZECH MARKET Radim Janda life difficult,” the Czech social democrat says. “Moreover, Czech employers very often don’t offer part-time work.” As for Czech women’s access to politics, Lucie Válová supports the Nordic gender quota system. This is also a part of the Action Plan for Gender Equality in Politics, which Minister Jiří Dienstbier will present for the Government later this year. “We can discuss whether quotas are an optimal instrument or not, but the fact is that they have technically worked in all countries in which they have been implemented,” Lucie Válová says. “I don’t think quotas are an everlasting solution, but for a certain period they can help Czech women acquire a better position in politics.” The Czech-Nordic mentoring programme runs until April 2016. T.B.E I courtesy photo fter starting up in September last year, the Men and Women in Balance initiative – a Nordic mentoring programme aimed at encouraging more women to participate in Czech politics – is running smoothly. As a part of the 18 month-long project, which is led by the Praguebased Forum 50% NGO, five Danish and five Norwegian women politicians will function as personal mentors for 10 hand-picked Czech colleagues. The programme also includes three public seminars on gender equality in politics. The Nordic Chamber’s contribution – pinpointing Danish and Norwegian politicians and matching them with 10 politicians in the Czech Republic – was undertaken by Board member Birger Husted. “Equal opportunities are a vital part of the values on which the Nordic Chamber is based, so it was natural for us to join the programme as a partner,” Birger Husted says. By mid-February, practically all of the Nordic politicians (representing liberal, social democrat and conservative parties) had visited Prague and met with their Czech mentees (representing all major parties, barring the Communist Party and the Dawn movement). During March 2015 the Czech politicians will go to Denmark and Norway to meet with their mentors. Gina Lund, a Norwegian social democrat and deputy minister of labour from 2009-13, is one of the experienced politicians who has volunteered as mentor. For her mentee, Lucie Válová, President of the Social Democrat Youth in the Czech Republic, their discussions in Prague had a very practical impact. 18 ANNUAL REPORT 2014 19 ness information. As in 2014, we will continue our dedicated efforts to become more visible in other media. photo: Gaute Bruvik Long-term Strategy 2014 was a rich and eventful year for the Nordic Chamber of Commerce in the Czech Republic. Continuing our initiative from previous years, we progressed in our work to broaden the Chamber’s activities, with more focus on directly enhancing trade and commercial relations between the Czech Republic and the Nordic countries. Despite the loss of several large companies and the difficulties that still prevail in Czech economy, we managed to keep our membership base stable; our Transparency Working Group launched a practical guide that received very positive feedback; while both the staff at our head office and the Chamber’s media presentation team have been significantly strengthened. This year, the Nordic Chamber celebrates its 20th anniversary, and I believe we have justified reason to be proud. Since our foundation as the Swedish Chamber in 1995, we have become one of the larger foreign chambers in the country, uniting almost 140 Nordic-related companies that give work to around 59,000 people all over the Czech Republic. I am really looking forward to a number of special events Staff, Organisation and Media During 2014, the Nordic Chamber’s administration continued to feel the positive impact of its two student trainees, who were employed on a part-time basis. In addition, the Chamber in October last year employed an Event Coordinator, Zuzana Kanioková, who has also been assigned administrative tasks. As a result of these staff additions, the Chamber’s administration has been running with great efficiency. This has in turn enabled Executive Director Lea Turcarová to focus more on recruiting new members and organising the Chamber’s Working Groups, as well as developing the Chamber’s relations with various ministries and trade organisations. As in the previous year, the Nordic Chamber in 2014 also applied considerable energy to ensuring smooth communication between its that we will arrange throughout the year to mark our 20th jubilee. Let me also sincerely thank Nilfisk-Advance for becoming the Chamber’s General Partner in 2015. In parallel with the festivities, we will continue our ambitious strategy to make the Nordic Chamber an ever stronger and more visible organisation. In 2015, we will use our favourable financial situation to focus more on business development that will generate a broader base of services for you, our members. Let me also assure you that the Chamber will continue its two decades-long work to promote Nordic values – transparency, equal opportunities and sustainability – in the Czech Republic. I look forward to continuing our fruitful co-operation in 2015. Stefan Lager Chamber President head office and members and potential members. To make our information services faster and more up to-date, our electronic newsletter, eNews, has been published monthly, while the printed Nordic News was reduced to two issues. Efforts to increase the Nordic Chamber’s visibility among the Czech public last year yielded favourable results. In addition to our attracting a large number of unique visitors to our new and modernised website, local media repeatedly reported on Chamber events, and the Business Soirée magazine in October published a large-scale interview with the Chamber’s President. Hopefully, our new webpage will further boost the Chamber in the field of communication. So far, it mainly lists Chamber events, but in the future we would like to transform it into a source for important busi- Continuing an initiative that was launched two years ago, the Nordic Chamber in 2014 implemented a long-term Strategic Plan encompassing the following key areas of activity: • Trade promotion • Business support • Sustainable business • Corporate social responsibility • Social and sports events •Working groups – Transparency; Green Activities; HR & Management As an additional element to the Chamber’s long-term strategy, the Board in 2014 decided to establish cooperation with trade unions in the Nordic countries. This cooperation is still in its initial phase (with the focus on information sharing), but our intention is that the cooperation will develop into organised visits from Nordic trade union delegations to the Czech Republic. To the Nordic Chamber, this is a welcome addition to our existing activities aimed at enhancing trade and commercial relations between the Czech Republic and the Nordic region. Moreover, in 2015, we intend to implement our planned expansion to Bohemia’s and Moravia’s regional centres – Brno, Ostrava and Plzeň. In practical terms, the Chamber will (in cooperation with local city councils and regional business organisations) arrange information meetings about Nordic business culture and opportunities for Czech exporters in Scandinavia. Events and Working Groups The Nordic Chamber last year arranged a total of 26 events, which included 11 Breakfast Meetings, 10 Social & Sports events and six Business Mixers. All in all, this was slightly more than the number of events arranged in 2014. The total number of participants in the gatherings – around 1,760 persons – grew by around 26 percent on the previous year (1,400). True to tradition, our Social and Sport Events – most notably the Strawberry Party, the Nordic Chamber Golf Masters and the Lucia Christmas Party – were especially warmly received by our members; the Lucia Party had a record 200 participants – among them more than 100 children! There is stable interest among Chamber members in our events; however, participation continues to be largely limited to the same group of people. Naturally, every member is cordially welcome at any event, but we need to reach out to those who seldom participate in a Chamber event with the message that each kind of event – be it a Breakfast Meeting, Social & Sports event or Business Mixer – represents a different platform for networking. The Nordic Chambers’ two Working Groups – Green Activities and the Transparency Group for Business Ethics – continued in 2014 the successful work they launched in the previous year. The first, led by Miloslav Hloušek (SKF Czech), continued its campaign to encourage Chamber members to switch from costly and environmentally-unfriendly bottled water to tap water. At a press conference in November, the Nordic Chamber’s Transparency Group, led by Dana Hrdinová (Skanska) and Zdeňka Voštová (ABB), presented their Transparency Document to the Czech public. The paper contains ANNUAL REPORT 2014 a set of basic principles and practical guidelines on transparent business conduct, and is particularly intended to help smaller companies to grasp and implement the requirements in a professional manner. One more working group, HR & Management, is still under preparation. As a new service, the Chamber in 2014 offered its corporate members the possibility to be divided into working groups according to their areas of industry – manufacturing, energy, construction, services, trade, etc. On the basis of each group’s interests and preferences, the Chamber’s intention was to lay on tailor-made events and other arrangements. This initiative, however, did not meet the expected interest among the Nordic Chamber’s members. Chamber Cooperation Continuing our more than decade-long tradition, the Nordic Chamber also in 2014 enjoyed a smooth and fruitful collaboration with the Nordic embassies and their trade representations in Prague. When our Honorary Chairman, Norway’s Ambassador Jens Eikaas, last autumn returned to Oslo, he was replaced by the longest-serving Nordic envoy resident at that time, Sweden’s Ambassador Annika Jagander. We cordially thank the two Ambassadors for accepting the honorary office and dedicating their time to the Nordic Chamber as Honorary Chairwoman/Chairman in 2014. Last year, we also continued our long-time cooperation with other foreign chambers in the Czech Republic with several arrangements – including the first ever Nordic-Swiss Business Mixer – and the biggest inter-chamber event – Czech Beer Fest 2014 – co-arranged by the Nordic Chamber, which attracted more than 410 visitors. Moreover, the Chamber in 2014 broadened its ongoing cooperation with NGO Reconstruction of the State to implement anti-corruption reforms in the Czech Republic. As a partner in the mentoring programme Men and Women in Political Balance, which runs until April 2016, the Chamber is also actively participating in enhancing Czech women’s access to political life. Membership Development Unfortunately, six members of the Chamber’s A segment – companies with more than 100 employees – last year decided to terminate their memberships. We deeply regret their decision, but respect that even the biggest companies are keeping a tight control on costs. Luckily, we managed to offset the outflow with a number of new members, some of them also in the A segment. At the end of 2014, the Nordic Chamber had 138 corporate members (Chart 1) and ten Individuals. With a share of 35 percent, Sweden is still the country of origin of the largest group of corporate members (Chart 2); however, Czech companies with a Nordic connection, currently making up 32 percent, represented the fastest-growing group among our new members in 2014 – up six percentage points since 2013. Currently, companies with up to 100 employees make up 83 percent of our corporate members (Chart 3), which corresponds to the situation from 2013. Companies with more than 100 employees currently constitute around 17 percent of the Nordic Chamber’s membership base. Throughout our 20-year history, our experience has been that the inflow and outflow of members come in waves, but that this is not a direct reflection on the Chamber’s activities. However, the gradual rejuvenation of corporate members has a positive side effect, as new members tend to take more a more active part in the Chamber’s events. 20 As for future growth, we see a certain potential in the regions outside of Prague. Last year, we strengthened our activities in Bohemia and Moravia; our event in Ostrava, co-arranged with Finland’s honorary consulate, was particularly successful. We hope that our regional initiative in the long term will lead to a continued increase in the number of new members. Board of Directors 2014 In the last election period, two of the 11 members of the Board of Directors were women, signalling that the Nordic Chamber is slowly improving its gender balance. Last year was the first time ever that not all Nordic nationalities were represented in the Board, as an Icelandic representative was missing. The spread of industries represented by the Board members was deemed favourable, although a stronger presence of companies with more than 100 employees would have been welcome. Over the course of last year, the Nordic Chamber’s Board had the following members: H.E. Annika Jagander, Ambassador of Sweden, Honorary Chairwoman (from October) H.E. Jens Eikaas Ambassador of Norway, Honorary Chairman (until September) Stefan Lager (SWE, representing Zenterio, SWE), President Petr Lukasík (CZ, representing Tieto Czech, FIN), Vice President Marie Passburg (SWE, representing Skanska Property, SWE), Vice President Jiří Pech (CZ, representing individual member), Treasurer Andrea Colantoni (SWE, representing Hudson Global Resources, USA), Board Member Birger Husted (DK, representing Husted s.r.o. – Human Capital, CZ), Board Member Nils Jebens (NOR, representing Kampa Group, CZ), Board Member Hannu Kasi (FIN, representing ABB, SWE), Board Member Zdeněk Majer (CZ, representing Škoda Transportation, CZ), Board Member Marika Přinosilová (CZ, representing SAAB Technologies/Gripen Int., SWE), Board Member Radek Socha (CZ, representing SKF, SWE), Board Member Challenges for 2015 2013 2014 y/y index (%) Denmark 26 096 41 411 158.6 Finland 15 249 19 084 125.1 Iceland 805 846 105.0 Norway 16 249 16 201 99.7 Sweden 47 433 52 975 111.6 2013 2014 y/y index (%) 16 817 18 861 112.1 Finland 8 045 10 296 127.9 Iceland 1 421 1 296 91.2 Norway 28 165 14 417 51.1 Sweden 26 333 27 692 105.1 Imports from Denmark in CZK bill. Source: ČSÚ photo: Morten Helgesen The Nordic Chamber’s main challenges in the coming year will be to continue our membership drive and the effort to broaden our base of services for our members. We will also intensify our cooperation with business organisations, both in the Czech regions and in the Nordic countries. The goal is to bolster the Chamber’s role as a practical vehicle for building Czech-Nordic business relations. In addition, we will intensify our long-standing focus on an open dialogue between the Chamber and its members. This year, the Chamber’s Board will for the first time be elected under an online election system. Hopefully, this important change will be followed by more novelties that will make communication even easier and faster. The voice of each and every member of the Nordic Chamber shall be heard. Exports to ANNUAL REPORT 2014 21 ANNUAL REPORT 2014 MEMBERS EXISTING NEW CANCELLED 2010 143 17 15 2011 145 20 16 2012 149 14 14 2013 149 18 16 2014 151 17 20 2015 148 Incl. Individuals COUNTRY MEMBERS 2014 % OF MEMBERS TOTAL COMPANIES IN 2015 % OF NATIONAL REPRESENTATION OF TOTAL NORDIC COMPANIES Sweden 48 35 195 47 Denmark 22 16 84 20 Norway 10 7 56 14 Finland 14 10 69 17 Iceland 0 0 10 2 Others 44 32 MEMBERS 2014 % DESCRIPTION A 24 17 over 100 employees B 26 19 31-100 employees C 25 18 11-30 employees D 63 46 1-10 employees A HEALTHY AND VITAL ORGANISATION... courtesy photo Already in the first years after the Velvet Revolution, members of Prague’s Swedish community, on the initiative of Sweden’s then Trade Councillor Sture Lindberg, created an informal business network; but it was only in May 1995 that the Swedish Chamber of Commerce was officially registered. Its first Presidents were Pavel Stehlík of Mölnlycke, followed by Jiří Kladiva from NTR and SKF’s Vartan Vartanian. Nils Silfverschiöld, a Swedish businessman and previously a ministerial advisor in the Czech Republic’s privatisation bonanza, participated in the foundation as Board Member. In 1998, he was elected as Chamber President, and remained in that position for nine years. Looking back at the start two decades ago from his estate in Klågerup, outside Malmö, southern Sweden, he definitely likes what he sees. “The growth in the Swedish – and later, the Nordic – Chamber of Commerce during these 20 years is simply unbelievable,” Nils Silfverschiöld says. “What I see today is a healthy and vital organisation; I am truly proud of having taken part in its foundation.” Before stepping down in 2007, Nils led the Chamber through some important steps. In 1999, the Swedish and four other EU Chambers established the Euro-Czech Forum, which grew to become the largest foreign investment and employer group in the country and a vocal advocate for economic reforms. Then came the Chamber’s split from the Swedish Trade Council, the subsequent opening of an independent office, and its renaming as the Nordic Chamber of Commerce, completed in 2005. What were the main motives for establishing the Swedish Chamber in 1995? On 1 January 1995, Sweden became an EU member and the Czech Republic was not, so an essential question was both to discuss how Swedish companies could get access to the Czech market as well as how Czechbased exporters could acquire good access to the EU market. And of course, there was also the social aspect – we wanted to establish a forum where Swedish businesspeople could meet up, discuss their experiences and expand their network of contacts. The response among Swedish businesses, especially larger companies, was hugely positive, because the legal framework in the EU and the Czech Republic was very different, so the companies often faced big challenges. The Euro-Czech Forum no longer exists, but is such a European pressure group needed when the Czech Republic has been an EU member for 10 years? I believe that inter-chamber cooperation still has a purpose. Communication is always beneficial, and there are definitely issues which it is helpful to discuss; legal business issues, such as labour legislation, are not specific to individual nations but to individual business sectors. Moreover, Czech decision-makers displayed an impressive will to reform to get into the EU, and it’s essential – both to the Czech Republic and the Nordic countries – that the brainstorming to find ways to improve the EU’s competitiveness continues. Over the last 20 years, the number of corporate members of the Nordic Chamber has skyrocketed from 30 to 140, but the number of Nordic-related companies that have not joined is even higher. Is the growth an absolute success? In my opinion this is an unquestioned success – don’t forget that managing directors of Nordic companies in the Czech Republic are rotating at a fast speed, so they don’t have much time to consider the advantages of membership, and they are under constant pressure from their headquarters to cut costs. When you add the financial crisis on top of that, it’s evident that the Chamber’s Executive Director Lea Turcarová and President Stefan Lager have done a fantastic job to reverse the outflow of members after 2008 23 THE NORDIC CHAMBER’S 20 YEAR-ANNIVERSARY and to keep the number so high. It was also impressive to see how the Chamber handled the practical organisation of King Carl XVI Gustaf and the Royal Technology Mission’s visit in Prague in 2012. There are other chambers more visible to the Czech public, but the Nordic Chamber has limited resources and would need stronger financial support to keep a higher public profile. The growth perhaps also proves it was the right decision to transform the Swedish Chamber into the Nordic Chamber? This change had my support, but it was primarily pushed by Birger Husted, the Chamber Board’s Danish member. Today it’s quite clear that this step has strengthened the organisation. Since the Chamber’s inception, the Czech Republic has undergone an amazing modernisation, but TI still ranks it as one of the most corruption-prone in the EU. Can you explain this mystery? In the 1990s, corruption was clearly a very large problem and I believe corruption still exists in Czech business life. However, hopefully this has decreased during the last 20 years – both in the Czech Republic and all over the EU. My perception is that corruption is not as widespread as it was, but I believe that mainly in the state sector and public tenders you might still find it. Also re- ...THAT STILL HAS GROWTH POTENTIAL member that TI’s rankings measure people’s perception of corruption, not documented incidents. Because there has been a lot of focus on this problem during the last two decades, Czechs presume perhaps that corruption is still more widespread than it is, but I’m not sure. Nordic companies such as Saab/Gripen are still expanding their Czech operations. Do you also see opportunities for Nordic companies in other business sectors? Absolutely; for instance, in software and technical development, the Czech Republic is highly attractive. Thanks to its geographic location in the middle of Europe and good infrastructure, this country offers unrivalled ac- photo: Jaroslav Fišer THE NORDIC CHAMBER’S 20 YEAR-ANNIVERSARY 22 cess to the EU market, which is why we have seen the boom in the logistics business. Today, there is no practical difference between running an export company in Malmö or in Pilsen, except that Czech labour costs are sig- nificantly lower than in Sweden. Moreover, Czechs and Scandinavians communicate very easily, and we like ice hockey, golf and many of the same sports – in short, our mentality is very similar, don’t you agree? I do, but I’m not sure if Sweden’s secondbiggest business tycoon could double as Finance Minister and owner of Dagens Nyheter and Expressen ... In principle, I don’t see anything wrong in a successful businessman like Andrej Babiš entering politics to work for the good of his country. But I haven’t been much in the Czech Republic in the last few years and therefore don’t feel competent to comment on this. In any case, the nice part of democracy is that things can be changed in the next elections! Nils, let’s take a look into the future. Will the Nordic Chamber continue to grow so that by 2035 it will be bigger than, say, the American Chamber in the Czech Republic? Obviously, I really hope that the positive trend will continue, but it’s hard to compare with the Americans, because they come from outside the EU and have to adapt to bigger changes, which makes it easier for AmCham to attract new members. However, this competitive advantage will disappear in parallel with the ongoing talks between the USA and the EU to harmonise their commercial laws. Actually, when you consider America’s economic power and the size of its population, the Nordic Chamber passed AmCham in relative strength long ago. T.B.E Total turnover (%) in manufacturing HALF OF CZECH INDUSTRY FOREIGN-OWNED … ELECTROLUX REVAMPS BRAND IDENTITY SCATEC SOLAR PARTNERS WITH NORFUND … STRONGEST PRESENCE IN MANUFACTURING ROCKWOOL ENDS MODERNISATION IN BOHUMÍN PRAGUE (TBE) – Personnel in Czech Interior Minister Milan Chovanec’s security detail in late November 2014 intercepted a letter addressed to the minister containing cyanide capsules. The letter was, according to officials in the Interior Ministry, sent from an unspecified “country in Scandinavia”; the intention was clearly that it should be handed over to Mr Chovanec personally. “The letter’s contents were lethal, but Minister Chovanec’s life was never in danger. However, we take this incident very seriously,” said police inspector Ivana Nguyenová. Security sources suggested that either terrorists or drug smugglers were responsible for the cyanide letter. OSLO (SSO) – Norway’s Scatec Solar, which is among the ten largest solar plant owners in the Czech Republic, has signed a partnership agreement with Norfund, the Norwegian Investment Fund for Developing Countries, to jointly invest in solar power projects. Norfund has extensive experience from successful investments in developing countries, and has been a partner to Scatec Solar in the realisation of four solar PV projects in Africa totalling 200 MW. Scatec Solar will hold 70 percent of the joint investment company. Scatec Solar currently delivers power from 220 MW in the Czech Republic, South Africa and Rwanda. PRAGUE (CRO) – More than half of the Czech Republic’s industrial sector is controlled by foreign companies, according to the Czech Statistical Office (ČSÚ). In 2012, the revenues of foreign-owned Czech-based industrial companies reached over CZK 3 trillion, which represented nearly 59 percent of all industrial companies. Added value created by these firms reached CZK 501 billion, which was half of the total value. Most Czech-based industrial companies are controlled by owners from other EU countries (mainly Germany), followed by the US, while Russian firms own relatively few industrial companies based in the Czech Republic. Ireland 78.3 Great Britain 53.5 Slovakia 77.7 Bulgaria 53.4 Hungary 69.2 Netherlands 47.8 Czech Republic 66.2 Poland 46.7 Belgium 63.3 Sweden 44.4 Luxembourg 61.8 Austria 39.7 Estonia 61.5 Spain 38.6 Romania 59.9 EU average Total turnover (%) in manufacturing 36.6 Source: Eurostat 2011. STOCKHOLM (FRY) – Updating its iconic logo from 1962, Electrolux has introduced a new visual identity for the company brand. The new design is intended to have more “stopping” power and to stand out from the crowd wherever consumers find Electrolux. “Electrolux is on a journey to become a world-class consumer marketing company,” said MaryKay Kopf, Chief Marketing Officer. “A key ingredient of this is to create an exciting and differentiating brand experience that is consistent across every consumer touch point.” The new visual identity will be seen everywhere where consumers find Electrolux – in stores, online, on packaging and through mobile devices. PRAGUE (TBE) – Denmark’s Rockwool, one of the world’s largest producers of stone wool, will by the end of 2015 have completed the ongoing modernisation of its plant in Bohumín. As a result of the modernisation, which is estimated to require CZK 500 million in total investments, Rockwool will hire 85 new people. With a total of 230 employees, Rockwool has become one of the largest employers in the Silesian city. Expectations of growth in the Czech construction market and the possible launch of state subsidies for energy-saving projects through improved isolation are the main reasons for the Danes beefing up production capacity in Bohumín. LEGO FAMILY ENTERS KOMPAN PRAGUE (TBE) – The Danish investment company Kirk Kapital, which is the investment arm of the Kirk Johansen family, the owners of LEGO, has acquired 25 percent of the shares in Kompan. Headquartered in Odense, Kompan is one of the world’s leading manufacturers of outdoor playgrounds and playground equipment. In 2013, Kompan opened a global production and distribution centre in Brno, which currently handles 80 percent of the company’s total production. In 2013, Kompan’s revenue was approximately DKK 1.3 billion. Kirk Investment bought the 25 percent share from the PFA pension fund. The value of the transactions has not been published. courtesy photo LETHAL LETTER FROM SCANDINAVIA The main goal of the law is to implement security standards for the information systems of public administration authorities and critical infrastructure elements. Many of those elements are not owned by the state itself. That is why the new cybersecurity law establishes avenues for legal action against those who will not comply. The security standards will be enforced with periodical compliance audits of all public administration bodies and also private elements of the critical national infrastructure, starting 2016. The government coordination agency, which can immediately respond to computer incidents, is called the Computer Emergency Response Team (CERT). The agency is part of both the national and international cyber threat early warning systems. CERT optimises options used to identify potential cyberattacks and coordinate countermeasures and remedial actions. In cooperation with other relevant government agencies, the centre coordinates and proposes preventive measures to avert or thwart potential attacks against the information and communication systems of the state and elements of the critical national infrastructure. he Czech Republic, which usually lags behind in European regulations, is ahead of the crowd for now. The new cyber security law has put the Czech Republic in first place in the race to create a comprehensive country-wide cybersecurity solution. The law has already passed both chambers of parliament and been signed by the president and has come into force in 2015. And what is so great about that, you ask? Well, the Czech Republic will increase its resilience and ability to respond to new threats. Such threats have already impacted some European countries. The massive attacks on Estonia in 2007 were a prime example of the vulnerability of one country’s cyberspace. Attackers swamped the websites of various Estonian organisations, including the Estonian parliament, banks, ministries, newspapers and broadcasters, and seized their functions for a couple of days, mostly with “distributed denial of service” attacks. The intruders were allegedly connected to the Russian youth organization Nashi. The new shield in Central Europe The new law definitely has some issues, mostly with detailed descriptions of some key processes FINLAND IMPROVES NET CONNECTIVITY courtesy photo HELSINKI (YLE) – Internet service providers in Finland will be receiving new guidelines and coming under closer scrutiny. The new provisions are aimed at preventing the repeat of a recent incident when a mechanical digger disrupted international web services for thousands of Finns for several hours, clearly demonstrating how vulnerable the Internet can be. During the disruption, international net traffic was re-routed via Tallinn, but that link became overloaded. Currently, the bulk of Finland’s global net connections are routed through Sweden. Efforts being undertaken to make international Internet access less vulnerable, include a new direct high-speed connection from Finland to Germany. that could undermine cybersecurity efforts. For example, it forces every organisation to report security incidents to the system, but does not precisely specify how such reports should be transmitted. Imagine sending a cybersecurity threat report via carrier-pigeon! This exposes the whole system to the risk of errors and false positives. Also, where the lines are is still disputed. Can the whole network be cut off under attack? Where do we draw the line between security attack and coincidence? These and other questions must be answered during the implementation of the system to prevent subsequent complications. And who is going to answer them? The greatest burden will now rest with Czech government officials, who are expected to implement the law and smooth any sharp edges. Jan Andrš New Frontier Group P resident Miloš Zeman last year signed into law a bill on cybersecurity. The legislation, put forward by the National Security Authority, introduces rules for cooperation between the public and private sectors in preventing IT attacks. The act establishes a coordination centre, located in Brno, to allow a fast response to attacks by communications providers; it requires providers to report security incidents to the National Security Authority, and gives the agency the authority to declare a nation-wide state of cyber emergency. The legislation will enter into force in January 2015. TRAVEL & TOURISM ICELAND WEIGHING BUSINESS AGAINST NATURE I celand must balance growth in the power and tourism industries with nature conservation, the Organisation for Economic Cooperation and Development (OECD) says. The OECD’s third Environmental Performance Review of Iceland states that Iceland’s pristine environment and its glaciers, volcanoes and underground springs “bring major economic benefits via renewable energy and tourism”, but that continued growth in tourism and power generation for aluminium smelting must be managed carefully in order to preserve the country’s natural assets. The report notes that Iceland’s electricity output has more than doubled since 2000 to nearly five times the amount needed by the population – primarily to power three foreignowned aluminium smelters – while the number of visitors to Iceland tripled between 2000 and 2014. Sustainable growth? Director of the Icelandic Tourist Board Ólöf Ýrr Atladóttir stated that while tourism is the biggest contributor to economic growth in Iceland at the moment, the tourist industry will in the future not be able to cope with a continued increase, if it will have the same magnitude as in recent years. For the first time in the country’s history, services exports, of which tourism is the main pillar, are proving more profitable for the national economy than products exports, ruv.is reports. “It has been reported before that tourism is sustaining economic growth – which is of course the clearest indication of how important the industry has become – and that it must be tended so that it can remain important in the future,” Ólöf reasoned. The number of tourists coming to Iceland has increased vastly in the past years, due (among other reasons) to the attention the country received after the volcanic eruptions in 2010 and 2011, the devaluation of the Icelandic króna and an increase in low-cost flights to the northern Atlantic island. “Iceland is ‘in’, which is pleasing in many senses. But at the same time, there are many tasks we have to deal with if this is to continue to be the case,” Ólöf said, adding that it is difficult to estimate how many tourists the country can handle. Cities can handle more tourists than sensitive natural hotspots, Ólöf explained. “We must find a balance. The industry will not be able to continue the rapid growth of the past few years, around and above 20 percent annually, long-term.” In recent months, landowners have expressed concern over the growing number of tourists visiting sites on their land, which have started to show damage. According to the Icelandic Tourist Board the proportion of income from foreign tour- AN ELITE OF PAMPERED HACKERS CIMBER OUT OF BUSINESS SOUL (REU) – Despite its poverty and isolation, North Korea has poured resources into a sophisticated cyber-warfare cell called Bureau 121, defectors from the secretive state said as Pyongyang was accused of a crippling attack on computers at Sony Pictures Entertainment. Military hackers are among the most talented and best rewarded people in North Korea, and are handpicked and trained from as young as 17, said Jang Se-yul, who studied with them at North Korea’s military college for computer science, before defecting to the South six years ago. The Bureau 121 unit comprises about 1,800 cyber-warriors, and is considered to be the elite of the military. COPENHAGEN (LOC) – Cimber Air, based in Sønderborg in southern Denmark, will be no more as of April this year. “SAS didn’t want to continue our current contract on four CRJ 200 airplanes from April 2015, and with that the basis for our continued existence has collapsed,” Cimber co-owner Jørgen Nielsen said. Cimber was established in 1950 as Cimber Air. In 2008, the company bought parts of the bankrupt Sterling Airlines and changed its name to Cimber Sterling. Four years later, Cimber Sterling itself declared bankruptcy before being given a lifeline in the form of an aircraft lease contract with SAS. FAKE MOBILE TOWERS IN OSLO FINNAIR AMONG WORLD’S SAFEST OSLO (NTB) – Equipment that can be used to eavesdrop on mobile phones of government members and leading politicians has been discovered in several places in the Oslo area, the Aftenposten newspaper has revealed. The so-called IMSI catchers, hidden in fake mobile base stations, can be used to monitor all mobile activity in the vicinity. The paper conducted tests close to important buildings in central Oslo and discovered a number of the devices, including some placed close to the Prime Minister’s residence and to government offices. It is not known who placed the equipment, and no Norwegian agency has admitted responsibility. HELSINKI (HTI) – In its list of the safest airlines in the world for 2015, AirlineRatings.com ranks Finnair in the top ten. Australia’s Qantas was at the top, while Finnair and nine other airlines, among them British Airways and Lufthansa, were listed in alphabetical order. The airlines in the top ten “are always at the forefront of safety innovation and launching new planes,” according to the website. The AirlineRatings.com review team comprises aviation journalists who examined the latest annual reports, accident reports and operational history of every airline in the world. Finnair had its last fatal accident in 1963. ists was 15.4 percent of GDP in 2013; tourism’s share of foreign exchange earnings has grown to 26.8 percent. In 2000, the annual number of visitors exceeded the total resident population (300,000) for the first time. Since then, tourism has grown by about 9.3 courtesy photo FINALLY AHEAD OF EUROPE? courtesy photo T 25 CZECH CYBERSECURITY percent on average each year. Some 998,800 foreigners visited Iceland in 2014. Jobs in the tourism industry were estimated at 9,241 in 2009, which amounted to 5.1 percent of the total workforce. IRE SAS BEEFS UP IN CENTRAL EUROPE STOCKHOLM (SPO) – From late March, SAS will open nine new routes from several Scandinavian airports. For the first time, SAS customers can fly directly to Salzburg. This route starts in Oslo. Simultaneously, SAS will launch direct flights from Stockholm and Budapest. “SAS has been expanding its route network for some time now, with several new destinations and routes, and we are continuing to improve the range of destinations we offer to our customers. We have launched 100 new routes over the last two years, and next year we are adding nine more,” says Eivind Roald, Executive Vice-President at SAS. courtesy photo 24 THE CHAMBER’S LUCIA PARTY EVENTS & ENTERTAINMENT NORDIC CHRISTMAS IN PRAGUE All photos Jaroslav Fišer 27 EVENTS & ENTERTAINMENT All photos Jaroslav Fišer 26 HEAD OF WALLENBERG DYNASTY DIES STOCKHOLM (REU) – Peter Wallenberg, the elder statesman of Sweden’s Wallenberg business dynasty, passed away in Stockholm in midJanuary, aged 88. Mr Wallenberg was Chairman of the family’s listed investment vehicle, Investor, from 1982 to 1997. Investor owns major stakes in Ericsson, Atlas Copco, Electrolux, and a number of other bluechip Swedish companies, the total value of which is estimated at SEK 82 billion. Under Peter Wallenberg’s chairmanship, Investor also broadened its focus, which led to the mergers of some of its major Swedish investments and the creation of power engineering group ABB, pharmaceutical company AstraZeneca and forestry products maker Stora Enso. FINNISH BUSINESS FORUM IN OSTRAVA PRAGUE (FVE) – In late 2014, Finland’s Honorary Consul in northern Moravia, Petr Lukasík, and the Nordic Chamber of Commerce arranged a seminar in Ostrava on opportunities for Czech businesses in Finland and the Nordic region. The target of the one-day session, arranged with the support of the regional commercial chamber, was to explain Nordic business culture and how it differs from Central European traditions. The Moravian business people were also presented with a list of current opportunities for cooperation with Nordic companies. At the end of the seminar, the participants had the possibility to continue their discussions in a sauna. ČKD WINS CONTRACT IN SWEDEN PRAGUE (CIA) – ČKD Blansko Holding has signed a contract with Sweden’s Fortum to refurbish two Kaplan turbines at Svarthalsforsen hydroelectric power plant in Jämtland province. According to ČKD Blansko Project Manager, Michal Hájek, the contract is worth almost EUR 7 million, with an option for an additional EUR 3 million until 2018. Within the contract’s framework, ČKD will supply new impellers, distribution blades and hydraulic control. ČKD Blansko, a manufacturer of heavy vertical turning lathes in both single-column and double-column versions, is a Czech engineering company focusing on the hydro-energy market. The company is owned by the Russian engineering giant Tyazhmash. FAVOURABLE OFFICE RENTS IN PRAGUE PRAGUE (PPO) – The Czech capital offers the second cheapest leases in Central and Eastern Europe, with 330,500 square metres of new office space scheduled to become available over the next two years due to new development projects. “By the end of 2015, the vacancy rate is expected to reach the level of 16 percent and on-going downward pressure on the highest rents is assumed as well,” says Katarina Wojtusiak of CBRE, a commercial real estate services and investment firm. Compared to the other large cities in the region, only Slovakia offers cheaper leases; the most expensive office space is in Warsaw and Vienna. Nordic Chamber of Commerce ABB s.r.o. ADBENTRUST s.r.o. Alfa Laval spol. s r.o. AstraZeneca Czech Republic s.r.o. Atlas Copco s.r.o. Axis Communications s.r.o. Bath de Luxe s.r.o. Eurotrade Denmark Bent Walde - Jensen s.r.o. Berendsen Textil Servis s.r.o. Berger & Partners s.r.o BIM Czech Republic s.r.o. Bird & Bird, s.r.o. Boutique hotel Jalta & Plaza Alta Hotel CEE-Nordic Trade - Matti Lilja Chr. Hansen Czech Republic s.r.o. COLOPLAST A/S odštěpný závod Control System International a.s. Cook Communications s.r.o. CTP | CTPark Humpolec Czech Engineering AB Československá obchodní banka a. s. DAUCZECH s.r.o. Dejmark Czech s.r.o. DESIGNOR s.r.o. DNV GL Business Assurance Czech Republic s.r.o. DRILL B.S. spol. s r.o. Družstevní závody Dražice - strojírna s.r.o. DSV Air & Sea Czech Republic s.r.o. EBO Reality s.r.o. Edward Lynx s.r.o. ELECTROLUX s.r.o. Embassy of Finland Embassy of Sweden Ensto Czech s.r.o. ERICSSON spol. s r.o. EUROALARM Assistance Prague s.r.o. FACSON spol. s r.o. Faiveley Transport Třemošnice s.r.o. FINNY s.r.o. Galard Fashion Gärde Wesslau Advokatbyrå Getinge Czech Republic s.r.o. Global Blue Czech Republic s.r.o. GN NETCOM - JABRA Golf & Spa Resort Konopiště Grant Help, s.r.o. Greencarrier Freight Services Czech Republic s.r.o. HANSA ČESKO s.r.o. Harding Safety Czech s.r.o. Havel, Holásek & Partners s.r.o., advokátní kancelář Hempel (Czech Republic) s.r.o. Hilton Prague, Quinn Hotels Praha a.s. Honorary Consulate of the Iceland Hudson Global Resources s.r.o. Husted s.r.o. IFS Czech s.r.o. ISS Facility Services s.r.o. Jotun Powder Coatings CZ a.s. KAMPA Group s.r.o. Kocián Šolc Balaštík, advokátní kancelář KONE a.s. LeasePlan Česká republika s.r.o. LEGO Trading s.r.o. LESIKAR a.s. Lindex s.r.o. LK Pumpservice spol. s r.o. LLENTAB s. r.o. Loomis Czech Republic a.s. Lundbeck Česká republika s.r.o. Marine Harvest Central & Eastern Europe s.r.o. Me2We Mercuri International s.r.o. Multi-Wing CZ s.r.o. NCC Purchasing Group CEE s.r.o. NIELSEN MEINL, advokátní kancelář s.r.o. Nilfisk-Advance s.r.o. NORDEX AGENTUR spol. s r.o. Novo Nordisk s.r.o. NSG Morison advisory s.r.o. OEM Automatic spol. s r.o. Oras International OY ORIFLAME CZECH REPUBLIC spol. s r.o. Orion Diagnostica, Branch Office CZ, HU, PL, SK Saab Technologies s.r.o. SANDVIK CHOMUTOV PRECISION TUBES s r.o. Sandvik CZ s.r.o. Sapa Building System s.r.o. SAS Scandinavian Airlines Systems Scandique s.r.o. Scatec Solar s.r.o. Securitas ČR s.r.o. Skanska a.s. Skanska Property Czech Republic s.r.o. SKF CZ a.s. Stance Communications, s.r.o. Stora Enso Praha s.r.o. Sweden Telecom s.r.o. Šafra & partneři s.r.o. advokátní kancelář ŠKODA TRANSPORTATION a.s. Tetra Pak Česká republika s.r.o. The Mark Luxury Hotel Prague The Royal Bank of Scotland N.V. Tieto Czech s.r.o. Trans Europe Chemicals s.r.o. University of Pittsburgh, Katz Graduate School of Business Vacon s.r.o. VagnerDesign s.r.o. Valcon Prague s.r.o. VOLVO Auto Czech s.r.o. VOLVO Truck Czech s.r.o. YIT Stavo s.r.o. Zátiší Catering Group a.s. NEW MEMBER Anomaly Pictures, s.r.o. Bohemia Properties a.s. hotel DUO Direct People Grant Help s.r.o. Holubová advokáti s.r.o. LEGO Production PELIKÁN KROFTA KOHOUTEK advokátní kancelář, s.r.o. Stance Communications, s.r.o. PETERKA & PARTNERS v.o.s. advokátní kancelář 3kont s.r.o. XO foods Pöyry Environment a.s. RADIOMETER s.r.o. Royal Danish Embassy Royal Norwegian Embassy A Magazine from the Nordic Chamber of Commerce in the Czech Republic ADVERTISING Full page, back cover Full page, inside front cover Full page, inside back cover Full page, inside Half page horizontal Inserts Press Release 30,000 CZK 20,000 CZK 20,000 CZK 20,000 CZK 12,000 CZK 12,000 CZK free of charge Prices valid for Members of the Nordic Chamber of Commerce Do you want your latest press releases to be published in the next issue of the Nordic News? Send them Lea Turcarová ([email protected]). Nordic News is the membership magazine of the Nordic Chamber of Commerce in the Czech Republic (licence no. MK ČR E 16604 at the Ministry of Culture of the CR). Three issues are published annually – in February, June and October – in ca. 1,200 copies. It is distributed to all NCC members and to major Nordic and Czech companies, authorities and other embassies and chambers of commerce. EDITORIAL STAFF: Terje B. Englund, editor-in-chief / [email protected] Jaroslav Fišer, photographer / [email protected] James Drake, copy editor / [email protected] Lea Turcarová, marketing / [email protected] Tiskárna Tiskap s.r.o., lay-out & print / [email protected] NORDIC CHAMBER OF COMMERCE Václavské náměstí 51, Prague 1, Tel. +420 222 314 944, Fax +420 226 015 885 www.nordicchamber.cz P ilsen, western Bohemia’s industrial hub, has been named the EU’s Capital of Culture for 2015. What will the title bring to the city and the Pilsen region? Over the course of its existence, the European Capital of Culture project has been proven to bring valuable benefits to those cities that did not underestimate the preparation process and that also kept in mind the aim of the sustainable development of the city and the surrounding region on the basis of creativity. The title has so far had a positive long-term impact on all host cities in the areas of economic and social development and seen an increase in tourism, the restoration of cultural facilities and infrastructure, and the development of the creative industries – all of which has brought new jobs. For example, in 2008, Liverpool attracted an extra 9.7 million tourists and made a net profit of GBP 800 million from the title, whilst the cost of the project was GBP 117 million. In Graz, Austria, the European Capital of Culture project generated additional revenues from tourism amounting to EUR 74 million and brought long-term benefits to the local economy. The Ruhr-Essen area attracted over 6.5 million tourists (an increase of 13.4 percent) thanks to the project, and these tourists created additional gross revenue of about EUR 90 million by staying in hotels. Sustainable growth? 2015 is therefore going to be a year of opportunities for Pilsen. It will be up to local economic PILSEN EU CAPITAL OF CULTURE entities how they rise to the challenge. We will undoubtedly see much higher numbers of people coming to visit Western Bohemia in 2015 than we have in previous years – both from across the Czech Republic and from abroad; the prestigious tourist guide Lonely Planet has already chosen Pilsen as one of the top ten European destinations for 2014. The anticipated economic effects of the EU Capital of Culture project can be separated in a simplified way into three categories: an increase in the numbers of visitors to Pilsen; an increase in the length of visitors’ stay in the city; and an increase in the number of overnight stays. These will all have a direct effect on the economic results of service providers. The high profile of the project worldwide will provide a substantial boost for traditional local products. The coming year gives us the opportunity to remind the world of why beers worldwide have “Pils” in their names, of the flavour of sauerkraut from Křimice, of the origin of Přeštice pork, and of where the pastry called “Chodský koláč” is baked – not to mention where Škoda Transportation workers manufacture trams. Another aspect local entrepreneurs should not fail to exploit is the import of what is EURO BOOSTS BALTIC SECURITY VILNIUS (BLO) – Lithuanians toasted the New Year in champagne bought with euros as their country completed on 1 January its quartercentury transition from a communist economy to a member of the single European currency. Lithuania’s new status places the entire Baltic region in the euro area after neighbouring Latvia’s accession a year ago and Estonia’s in 2011. “Joining the eurozone is a very logical step in the chain of very important steps for my country,” Finance Minister Rimantas Sadzius said. “Euro adoption is perhaps the final step at this stage of integrating Lithuania into the single market of western Europe.” known as “cultural diplomacy”. A number of congress and conference organisers have already reported that Pilsen is their place of choice of venue for their meetings in the coming year. A city filled with culture also attracts experts and businesspeople. A common cultural and emotional experience has the power to cement a business relationship better than anything else. The European Capital of Culture project has often been criticised as a megalomaniac event funded from the public purse. And it may indeed prove to be an expensive and needless event if we fail to make the most of the potential it offers. In 2015 and the following years, Pilsen will try hard to translate the invested resources and energy into an economic boom for the city and the region. To see each invested crown returned many times over. More information can be found at www.plzen2015.cz CZECH TWITTER BOMB TO CAMERON LONDON (SKY) – UK Premier David Cameron’s plans for cutting immigration came under fire in December from the Czech Republic’s State Secretary for European Affairs, Tomáš Prouza. Angered by Cameron’s suggestion that immigrants should only be allowed to claim welfare benefits after they have been in the UK for four years, Prouza tweeted a picture of Czech pilots who fought in the RAF during WW II. “These Czechs ‘worked’ in the UK for less than four years. No benefits for them?” Mr Prouza’s remarks were lauded by other Twitter users. Poland’s Prime Minister Ewa Kopacz was also critical of the proposals. NORWEGIAN FILES EU COMPLAINT ABOUT SAS OSLO (DN) – Budget airline Norwegian has submitted a formal complaint to the EU Commission and EFTA’s Surveillance Authority about SAS Scandinavian Airlines receiving what it believes is “preferential treatment.” Norwegian said that discriminatory conditions and licensing practices prevent Norwegian from obtaining access to traffic rights on the same terms as its competitor. Unlike its competitors, SAS can use aircraft registered in Norway, Sweden and Denmark seamlessly without applying for approval, notwithstanding the place of registry. Norwegian claims that the Scandinavian aviation authorities “have established and continued special treatment in favour of SAS that is not in accordance with EASA rules and regulations.” courtesy photo COMPANY MEMBERS EU NEWS 29 courtesy photo MEMBERSHIP INFORMATION LITERATURE & CULTURE 30 A CZECH TRIBUTE TO FINNISH KARELIA lologist Elias Lönnrot (1802 –1884) compiled from Karelian and Finnish oral folklore and mythology in the first half of the 19th century. It played an instrumental role in the development of Finnish national and lingual identity, which ultimately led to the country’s independence from Russia in 1917. The epos, consisting of 23,795 verses, begins with the traditional Finnish ric verse) in 1894. This was the second Slavonic translation of the Finnish national epos, following a Russian translation. A Serbian translation of Kalevala was published in 1935 and a Polish one in 1974. Even though Holeček originally had learned Finnish only to be able to translate Kalevala, experts consider that his interpretation of the epos, in terms of precise meaning, imaginati- of new research in the fields of philology, literary and cultural history, ethnography and anthropology. “The idea was to present the text in a way that will help the old text resonate – to make it start talking,” Jan Čermák explains. “We wanted to get closer to the reader who does not know too much about Finland but is eager to learn about this book and Finnish culture.” The Kalevala – usually translated as “the land of Kaleva” – is a work of epic poetry that the physician and phi- creation myth, leading into stories of the creation of the earth, plants, creatures and the sky. Creation, healing, fighting and internal story telling are often accomplished by the character involved singing of their exploits or desires. As well as magic spell casting and singing, there are many stories of lust, romance, kidnapping and seduction. The writer and journalist Josef Holeček (1853-1929) finished the first Czech translation of Kalevala (in met- on and formal rendition, has yet to be bettered. The genius Holeček later also translated other works of Finnish folk poetry into Czech. Academica’s new 1,000-page edition of Kalevala is for the first time accompanied by the original illustrations by the prominent Finnish painter and famous Kalevala illustrator Akseli Gallen-Kallela. The richly illustrated and commented Czech translation costs around CZK 1,200. T.B.E TIETO CZECH TEAMS UP WITH SKÅNE PRAGUE (STA) – Tieto’s software development centre in Ostrava, northern Moravia, has won a contract with Skåne in southern Sweden. Under the two-year contract, the Finnish IT services company has, from September last year, been responsible for around 1,200 servers and IT applications used by the police, hospitals and other public institutions in Sweden’s largest province. The contract is worth CZK 250 million. So far, Tieto’s Swedish branch office has been responsible for the service cooperation with Skåne. “In this project we can use our long-term experiences and offer client solutions that fit exactly with their demands,” says Petr Lukasík, head of Tieto Czech. Headquartered in Helsinki, Finland, Tieto is the largest Nordic IT services company. courtesy photo courtesy photo A Czech translation of the Finnish national epic Kalevala, one of the key works of world literature, has been published by Academica in Prague. The new edition is the fifth release of Josef Holeček’s original Czech translation, but it is for the first time accompanied by a commentary by the Czech linguist and translator Jan Čermák. 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