Jiri Matula takes up new appointment

Jirí Matula, formerly chairman of the board of one of the biggest factoring companies in the Czech market, Transfinance, has been appointed as the new chairman of the board of CAC Leasing

CSOB Factoring ready for lift off

As a member of a strong banking group, CSOB Factoring is looking to gain new clients via the bank's branch network and plans to enhance its position on a still-developing market through

Euler Hermes predicts rise in number of bankruptcies in 2007

The number of bankrupt companies is likely to grow moderately next year after seven years of falls, the reason being a prediction of a slower growth of the Czech economy in 2007 against this year, says the latest study of insurer Euler Hermes Cescob