Consulting companies belonging to the PwC network help their clients create the values they strive for. PwC is a professional services network with 327 thousand employees and offices in 155 countries of the world, belonging among global consulting leaders. We provide high-quality auditing, tax, and consultancy services, thus supporting our clients in achieving their goals.
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On the day the symbolic Berlin Wall fell under the onslaught of enthusiasts, the leadership of PriceWaterhouse (PW) decided to open an office in Prague. This was despite the fact that the Velvet Revolution was to take place in the former Czechoslovakia a whole week later.
PW was soon followed in Prague by the company Coopers&Lybrand (C&L), and that was the beginning of improvised offices across hotel rooms, hiring of the very first Czechoslovak consultants ever and, most importantly, the actual formation of the local business.
Later on, already based in proper offices in the historic centre, our teams advised the then state-owned enterprises on how the market economy actually works and how to manage companies within the system. Moreover, in the first years of our operation, we provided Škoda Auto with consulting services concerning privatisation or we carried out an audit of the very first financial statements of the established Czech National Bank.
In 1995, PwC opened its offices in Brno, followed by offices in Ostrava in 1998. In 2011, the PwC Legal law firm was established.
In July 1998, there was a merger of PriceWaterhouse and Coopers&Lybrand, thus PricewaterhouseCoopers, also known as PwC, was created. The company soon became more and more Czech, as the original leaders – British or American expats – started handing over the management of their departments to talented Czech consultants, auditors and lawyers.
This phase culminated in 2010, as Jiří Moser became the very first Czech managing partner at PwC. Since 2013, the Prague office has been located in the new City Green Court building in Pankrác.
For over thirty years, PwC has been providing auditing, tax, transaction or consultancy services to the majority of companies ranked as the most significant Czech enterprises. Furthermore, we have helped to prevent the bankruptcy of dozens of others, including Sazka or Nová huť in Ostrava. Nowadays, it is more and more common for us to help our clients with technologies, cyber security, financial crime prevention, sustainability, and with the solution of other hot issues.