Parsippany, N.J. (Nov. 24, 2009) -- Century 21 Real Estate LLC, the franchisor of the world’s largest residential real estate sales organization, recently held a grand launch event in the Czech Republic.

The CENTURY 21® Czech Republic team, led by President Ales Mazgaj, celebrated its rapid growth in the Czech Republic with an evening reception at the U.S. Ambassador’s residence in Prague. The Czech management team, consisting of Robert Mazgaj, Lubomir Milek, Petr Suchanek and Stepan Gjuric, has granted 38 franchises since first entering the Czech market in November 2008.

"The Czech Republic is one of the most stable and prosperous economies in Central Europe,” said Century 21 Real Estate President and CEO Tom Kunz. “The potential for growth in this dynamic marketplace is unlimited. Ales Mazgaj and the CENTURY 21 Czech Republic team provide a shining example of how to utilize the powerful systems and tools offered by the CENTURY 21 brand.”

In a speech at the event, Mary Thompson, charges d’affaire, U.S. Embassy - Prague, congratulated CENTURY 21 Czech Republic for its leadership in helping to build strong business relationships outside the United States. Chris Kervandjian, vice president of international service and operations for Century 21 Real Estate LLC, and Gus Rubio, Realogy’s executive vice president of global services, were on hand to help commemorate the grand launch in the Czech Republic.

The CENTURY 21 System now provides real estate services in 67 countries and territories worldwide, including the Czech Republic and 12 other European nations: Albania, Belgium, Bulgaria, Cyprus, England, France, Greece, Latvia, Luxembourg, Poland, Scotland and Turkey.

"With the CENTURY 21 brand, we are able to take advantage of a global network and bring in the technology and know-how to implement state-of-the-art real estate transaction services,” said Mazgaj. "Given our existing customer base, team experience, support from the CENTURY 21 System and awareness of the brand, we are confident that we are well-positioned to quickly become a leading brokerage in the Czech Republic.”

For more information on CENTURY 21 Czech Republic, visit: http://www.century21.cz/.

Click Here! for images of the grand launch in the Czech Republic.