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Insolvency and misconduct of issuers of corporate bonds in the Czech Republic in the period 2013 to 2023

Insolvency and misconduct of issuers of corporate bonds in the Czech Republic in the period 2013 to 2023

The basic findings resulting from the analysis of bonds in the Czech Republic issued in the period from 1/1/2013 to 31/12/2023 are as follows: Since 2012, when the Czech National Bank together with the Ministry of Finance of the Czech Republic relaxed the conditions for issuing bonds, the capital market in The Czech Republic saw a large boom in issued corporate bonds. The most significant increase can be observed in so-called sub-limit bonds of up to 1 million euros. In 2023, companies issued bonds in the aggregate amount of CZK 96.2 billion (of which CZK 88.1 billion were over-limit and CZK 8.1 billion under-limit issues), i.e. the most since the beginning of the monitored period (in 2013). In 2023, 1,019 issues of corporate bonds were issued, of which 511 were above the limit and 508 were below the limit. The sharp increase in the number of issues, which continued until 2022 (in which a total of 1,009 issues were issued), thus stopped in 2023.


Surveilligence19. 2. 2024
Another notch for Credo. Americans buy Czech software startup Runecast for almost a billion

Another notch for Credo. Americans buy Czech software startup Runecast for almost a billion

The Czech venture capital fund Credo Ventures of the founder Ondřej Bartoš succeeded in selling another technology startup to the hands of a large American company. Dynatrace, a Massachusetts-based software company, acquired the originally Brno-based company Runecast. The companies did not comment on the amount of the transaction, however, according to e15, it is a sum of 37.5 million dollars, roughly 900 million crowns, in the form of cash and shares of Dynatrac. The store should be completed by the end of March.


E15.cz12. 2. 2024
Long-term investment product and tax support for old-age savings products from 1 January 2024

Long-term investment product and tax support for old-age savings products from 1 January 2024

A natural person (taxpayer) can deduct from the tax base contributions to all tax-supported old-age savings products and tax-supported long-term care insurance up to a total of CZK 48,000 per year. Contributions paid by an employee to a tax-supported old-age savings product or tax-supported long-term care insurance are also exempt from income tax, again up to a total of CZK 50,000 per year.


MF ČR31. 1. 2024
Nvidia is hunting startups in the Czech Republic as part of the AI explosion. It offers them discounts, investments or sales support

Nvidia is hunting startups in the Czech Republic as part of the AI explosion. It offers them discounts, investments or sales support

The American chip company Nvidia wants to focus more on supporting technology startups in the Czech Republic. Here, she started promoting the Inception program, in which she offers start-up companies free technology or connections to investors. The company itself also invests in startups.


E15.cz29. 1. 2024
The drone manufacturer Primoco will be traded on the Prague Stock Exchange

The drone manufacturer Primoco will be traded on the Prague Stock Exchange

The securities of the unmanned aircraft manufacturer Primoco UAV SE will be traded on the main market of the Prague Stock Exchange from Monday, January 29, Ladislav Semetkovský, the company's CEO and majority shareholder, informed. According to him, the company has completed the final stage of preparations, from the approval of the prospectus by the Czech National Bank to the transition to financial reporting according to international standards.


E15.cz24. 1. 2024
Investment crowdfunding from this month only with a license from the CNB. However, not everyone has to have it

Investment crowdfunding from this month only with a license from the CNB. However, not everyone has to have it

Companies offering investment products to the general public are usually subject to strict supervision by the regulator. Until recently, this was not the case with crowdfunding investing. The change occurred last week, when the obligation to have a license for this activity from the Czech National Bank began to apply. However, there is a catch, not everyone who offers "collection of investments" on the market falls under the new regulation.


E15.cz16. 11. 2023
Made in the Czech Republic, sold for billions. Which startups made their founders rich?

Made in the Czech Republic, sold for billions. Which startups made their founders rich?

Here is an overview of all billion-dollar startup exits that are at least partly Made in the Czech Republic, i.e. have at least a Czech co-founder. When the Czech software company Manta announced its sale and sources confirmed that the price tag exceeded 3.5 billion crowns, the deal became one of the most significant sales of startups with a Czech footprint in recent years. Actually, the company skipped many big exits all at once. What other technology companies founded by Czech entrepreneurs gained a billion dollar value through their sales? Here's an overview and focus of the biggest ones.


CzechCrunch (cc.cz)2. 11. 2023
Another billion-dollar exit of a Czech startup. Data Manta is being bought by the global giant IBM

Another billion-dollar exit of a Czech startup. Data Manta is being bought by the global giant IBM

Neither party commented on the amount of the transaction, but according to indications, it may be one of the largest sales of a startup by a Czech founder. The Czech startup Manta operates in the field of so-called data lineage, thus helping companies understand where and how all their data flows. It visualizes them clearly in one place, allows you to manage them and remove blind spots. The investors supported the startup founder Tomáš Krátký with a total of more than 1.2 billion crowns. Now it opens a new chapter, the company is bought by the global technology giant IBM.


CzechCrunch (cc.cz)24. 10. 2023