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<p>VRV joint-stock company was founded by the privatisation of the same named, state owned company. The history          of VRV dates back to 1890, when after the disastrous flood of          the Vltava river in Prague a fund for flood remedial works and Vltava          river alignment together with a special office for project preparation          were set up.</p>
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<p><img title="panove_570" src="/photos/panove_570.jpg" alt="panove_570" width="570" height="147" /></p>
<p><em>"Our        honourable predecessors at the beginning of the 20th century."</em></p>
<p><br />After          the second world war the company acted as an investor and managed state          contracts in the area of water construction. Nearly all of the main water          power stations, waterways, water supply and drainage systems in the Czech          Republic were constructed under its management.</p>
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<p>In the last twenty years the company has also been providing engineering          and consulting services for industrial construction, buildings and infrastructure.</p>