MR revenue falls by 4% in Czech Republic
Simar looked at preliminary figures from 22 agencies in the country, which had total revenues of Kc1.27bn (£42.3m).
The association’s executive director Stanislav Zahradnicek said he estimates a similar fall across the whole industry, which would give a total of Kc2.2bn (£73.2m).
Market size figures for 2010 are forecast to be around Kc2.3bn (£76.6m), back to the level of 2008, with most agencies expecting revenues to be the same or higher than in 2009.
The country’s largest agency is Ipsos, with revenues of Kc280m-Kc300m (£9.3m-£10m), followed by GfK and Millward Brown.
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