Kellner's biggest opportunity
2007-06-01
Interviews in HN and MFD this week made clear what Petr Kellner
of PPF thinks of the Czech business environment. He said he
moved his headquarters to the Netherlands because there is a
stable legal environment there, with enforcement and
investment protection. We ask, with all due respect, what Mr.
Kellner - the CR's richest person - has done to improve the
Czech legal environment? He presides over the CR's most
powerful lobbying operation, but he uses it only to influence his
own company-specific issues, from ad airtime on Czech TV to
the minutiae of insurance law. He's not alone in this. Agrofert,
ČEZ, ČSOB, Penta, Sazka, and the large building companies are
also powerful lobbyists that pay little or no attention to helping
to improve such things as the judicial system, general education
or the overall business environment. Kellner told MFD that he'd
like PPF to be seen one day as a company that made a
difference. This is his chance.
[Czech Republic Television Česká pojišťovna advertising TV Nova
Hospodářské noviny MF Dnes]
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