Participation of Foreign Companies in Public Procurement Tenders in the Czech Republic and Slovakia
Richard Bacek, General Counsel of Siemens Czech Republic, Romania and Slovakia, Siemens, s.r.o., Czech Republic
Public procurement tenders represent for many companies an important source of business opportunities and their results represent significant portion on their revenues. Sectors like energy, healthcare, infrastructure construction are in CEE countries still heavily operated by state or state-owned companies which are subject to public procurement legislation.
The public procurement process should be based on principles of transparency and non-discrimination as it is defined in the respective EU regulations. The manner how these principles are followed in practice of EU individual member states in case of participation of foreign entrepreneurs will be demonstrated in this article on examples from the Czech Republic and Slovakia.
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