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March 29, 2015 8:17 PM ET

Software

Company Overview of AVG Technologies CZ, s.r.o.

Company Overview

AVG Technologies CZ, s.r.o. designs and develops security software. The company offers identity, phishing, firewall, anti-spam, Web shield, email scanning, anti-spyware, and anti-virus protection services. It has a strategic partnership with Billing Services Group Limited. AVG Technologies CZ, s.r.o. was formerly known as GRISOFT, s.r.o. and changed its name to AVG Technologies CZ, s.r.o. in January 2008. The company was founded in 1991 and is based in Brno, Czech Republic. AVG Technologies CZ, s.r.o. operates as a subsidiary of AVG Technologies N.V.

Holandská 879/4

Brno,  639 00

Czech Republic

Founded in 1991

Phone:

420 54 9524011

Fax:

420 54 1211432

Key Executives for AVG Technologies CZ, s.r.o.

Chief Operating Officer and President
Age: 51
Chief Financial Officer
Age: 48
Chief Research Officer
Head of Investor Relations and Global Communications
Age: 44
Vice President of Global Security Strategies
Compensation as of Fiscal Year 2014.

AVG Technologies CZ, s.r.o. Key Developments

AVG Technologies CZ Announces Earnings Results for the Year 2013

AVG Technologies CZ announced earnings results for the year 2013. For the period, the company raised profit by 12% to CZK 326 million against CZK 291 million, while its sales decreased by almost CZK 1 billion to CZK 2.1 billion against CZK 3.022 billion last year. The sales fell mainly due to the fact that part of the company was singled out into new independent company GAVT CZ.

AVG Technologies CZ Reports Earnings Results for the Fiscal 2012

AVG Technologies CZ reported earnings results for the fiscal 2012. For the year, the company reported that total Revenue was increased 30% tp CZK 3,047,000,000 compared to CZK 2,339,000,000 a year earlier. Net profit was increased 36% to CZK 291,000,000 compared to CZK 214,000,000 a year earlier.

Avg Technologies Announces Executive Appointments

Gary Kovacs of Canada has been named as CEO and managing director of AVG Technologies to replace JR Smith who resigned. The appointment of Kovacs, who joins AVG from Mozilla Corporation, is to be okayed at an extraordinary meeting of stockholders.

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