WOOD Flash – Czech macro: no longer the safer haven in the region
Current Czech president Milos Zeman has secured a second five-year term as the head of state, winning an exceptionally close presidential race against chemistry professor and former president of the Academy of Sciences Jiri Drahos. Zeman, who is widely perceived as the representative of anti-immigrant, anti-Islam, Eurosceptic and pro-Russian tendencies, won the race with 51%, beating his opponent by a mere 150k votes.
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WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.
A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.
Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.
We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.
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