Report
Alessio Chiesa ...
  • Raffaella Tenconi

WOOD Flash – Czech Republic macro: improving prospects

The businesses surveys released in July signalled a strong pick-up in business activity, after two disappointing months. Additionally, industrial companies reported 12 months of secured orders, higher than in the previous quarter (10.4 months). COVID-19 related cases have seen an upsurge recently, which compels us to remain cautious and look for further improvement; however, the pace of the recovery in retail sales, the improvement in confidence, and the elevated level of household deposits pose upside risk for our and the CNB’s projections.
Provider
Wood and Company
Wood and Company

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.

Analysts
Alessio Chiesa

Raffaella Tenconi

ResearchPool Subscriptions

Get the most out of your insights

Get in touch