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80 01-02 2008 CONTENTS CZECH BUSINESS AND TRADE Economic Bi-monthly Magazine with a Supplement is Designed for Foreign Partners, Interested in Cooperation I with the Czech Republic INTRODUCTION Questions of the Month for Martin Říman, Minister of Industry and Trade ..............4 Issued I ECONOMIC POLICY by PP AGENCY s.r.o. as an exclusive commission Progress in Approximation to Most Developed European Countries .........................5 for the Ministry of Industry and Trade of the Czech Republic I FINANCE The Most Significant Changes in Income Tax Act as of 2008....................................8 EDITORIAL BOARD: I Milan Hovorka (Chairman), Ivan Angelis, BUSINESS AND PRODUCTION High Economic Growth Accompanied by Falling Unemployment...........................10 Zdena Balcerová, Ivana Divišová, Jiří Eibel, Zbyněk Frolík, Růžena Hejná, Josef Jílek, I LEGISLATION Zdeněk Kočárek, Tomáš Kopečný, Marie Pavlů, New Legislation on Insolvency in the Czech Republic..............................................12 Pavla Podskalská, Josef Postránecký, Libor Rouček, Jiřina Semanová, Jarmila Škvrnová I CZECH TOP INGOS Triumphs in Macedonia ...............................................................................14 MANAGING EDITOR: Bobcat Opens a New Plant in Europe ......................................................................16 Jakub Havel Panasonic Celebrates 10th Anniversary of Its First Investment in the Czech Republic ..............................................................................................16 EDITORS: I SERVICES Jaroslava Bradová, Naďa Vávrová Healthcare System in the Czech Republic ................................................................18 REGULAR COLLABORATORS: I REGION Eva Tomášková NUTS 3 – Plzeň Region ...................................................................................22 – 34 TRANSLATION: I PRESENTATION OF FIRMS Vlasta Benešová, Alena Kenclová, Nemocnice na Homolce.............................................................................................2 Robert Krátký, Lucie Pavlíčková, Dagmar Šímová, Böttcher ČR , k.s. .....................................................................................................15 Halka Varhaníková Selectra spol. s r.o. ..................................................................................................17 Léčebné lázně Jáchymov a. s. ..................................................................................19 Ústřední vojenská nemocnice Praha ........................................................................21 READ: J. Blažek Sklo Poděbrady s r.o. .................................................................................25 Mathew Booth, Ivana Kadlecová, LOGURAN a.s. .........................................................................................................33 Zuzana Pavlíčková PLASTIK HT a. s. ......................................................................................................33 Tisk Horák a.s. .........................................................................................................35 GRAPHIC DESIGN: BAEST, a.s. ...............................................................................................................36 Miloslav Bucvan, Helena Dvořáková, Lobby Česká republika DEADLINE: 22/11/2007 PP Agency Company with the ISO 9001 certified quality management system for publishing services ADDRESS: Myslíkova 25, 110 00 Praha 1 Czech Republic Phone: +420 221 406 623, +420 221 406 626 Fax: +420 224 930 016 e-mail: [email protected] www.ppagency.cz www.mpo.cz/cbt Press run: 13 500 copies. The number of printed and sold copies of the magazine is verified by auditor, HZ Praha, s.r.o., member of PANNELL KERR FORSTER Worldwide. It is not allowed to reproduce any part of the contents of this journal without prior consent from the editor. Attitudes expressed by the authors of articles carried by CBT need not necessarily be consistent with the standpoint of the Publisher. MK ČR E 6379, ISSN 1211-2208 „Podávání novinových zásilek povoleno Českou poštou, s. p., odštěpný závod Přeprava, č. j. 3468/95, ze dne 24/10/1995“ 3 | INTRODUCTION Questions of the Month for Martin Říman, Minister of Industry and Trade I established new firms start to compete furiously. The basis of this innovative What is your opinion on the price idea lies in America at the turn of the cuts in mobile roaming, which the 20th century, when the so-called European Commission enforced in antimonopoly legislation was established the summer? against the monopoly of the railways. Everyone knows today that the railway I am not one of the people who monopoly in public transport was broken enthusiastically welcome the cut in the not by these laws, but by the new roaming charges. I do not think that the technology – cars. The same situation is European Commission should instruct valid for other fields too. Especially operators what should and should not telecommunications have been in recent be done under the pretext of better years an irrefutable proof to this fact. service. I understand in a way that the Yes, fifteen years ago we all relied on the price cut in calls from abroad was hailed telephone lines of the half state-owned for instance by the members of the Telecom; not only in the post-communist European Parliament, for they have Czechoslovakia, where the installation of experience with the expensive roaming. a phone line was a question of life and Yes, for those who have breakfast in death for any business activity, but Athens, lunch in Brussels and dinner in everywhere in Europe. Thus there were London it might look as a victory. For orders when, from where, and to where, SINCE THE MIDDLE OF 2007 those who make 99% of calls inside a line should be installed. Fortunately, YOU HAVE BEEN IN CHARGE their country this victory must look OF ELECTRONIC regulators were not able to see that COMMUNICATION, WHICH HAS suspicious. As the saying goes: what is parallel to this an industry of entirely BEEN TRANSFERRED FROM not visible, works; the regulation of the new technologies is being created, THE DISSOLVED MINISTRY roaming tariffs will result in the increase which at a certain point made the OF INFORMATICS TO THE of local tariffs. Who would consider the monopolistic fixed phone line or a dial- MINISTRY OF INDUSTRY increase of a fraction of a percent related AND TRADE. SHOULD THE up internet connection a thing of the STATE OR MUNICIPALITIES to this ingenious idea? past. SUPPORT THE SPREADING The idea that in this highly OF INTERNET ACCESSIBILITY? competitive environment we should I introduce regulations, such as destroying The internet market today is telecommunication companies, is The European Commission has not absurd. Our not wanting a single divided among dozens of small introduced only roaming European regulator is a result of precisely or larger competing companies regulation. In November it these deliberations. If European which use different technologies. introduced a package of further commissars think in this manner, then I am convinced that the only changes for the electronic their obtaining new powers would only enemy of this rapid and communications sector. How do enhance them. successfully developing internet you view these propositions? market is the politician – an activist who tramples down two Roaming regulation is only a small small providers in a local town prelude. Current proposals of the because he starts to offer Commission are a reflection of a wider municipal internet for free. This movement, which has been resonating is my own experience from the victoriously in the heads of the elites for region I live in. Neither the state, many years. In simple words, network monopolies in power industry and nor the authorities should try to telecommunications will be destroyed if compete with private companies. we tell them to destroy themselves; of course, all this within the framework of market economy. This way we reach a situation in which these forcedly | 4 CZECH BUSINESS AND TRADE Progress in Approximation to Most Developed European Countries The Czech Republic has recorded But more important than the the slow growth at the beginning of the a very fair rate of economic nominal convergence is the real decade, the EU 15 economy revived and approximation to the average EU recorded a year-on-year growth of 2.8% growth with low inflation and level – the Czech Republic has reached in 2006, which was the best result since strengthening currency since almost four fifths of the European 2000. Even so, the Czech economy May 2004, when it entered the average taken by the per capita GDP in increased almost 2.5-fold of the EU 15 the purchasing power parity. The fairly growth. Eurostat estimates last European Economic Area. With rapid approximation of the Czech year’s growth of the Czech GDP at 5.8%. the exception of meagre success Republic to the level of the developed Nevertheless, the revised data of the in the fiscal area, the Czech European countries stems from the rate of Czech Statistical Office for the first three Republic has been achieving growth of the Czech economy in quarters of the year indicate a growth of comparison with the rate of the EU 15, 6%. With a slight weakening of the EU15, good stability in prices and especially in the last three or four years. the Czech Republic will take another stable convergence according to But let us look at the rate of important step in the approximation to long-term interest rates in the approximation in productivity or the

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