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COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic

Full company profile

uuid0056bf7

Namestring
COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic
Legal namestring
Rada vysokých škol
Websiteurl
radavs.cz
Company typeenum
Private
Founded yearint
1991
Descriptiontext

The Council of Higher Education Institutions of the Czech Republic (Rada vysokých škol, RVŠ) is the statutory representative body of Czech higher education institutions, established in 1991 under Section 92 of Act No. 111/1998 Coll. on Higher Education. It is a public-law entity, not a commercial enterprise, composed of delegates appointed by the academic senates of Czech public, private, and state universities. Its core function is to represent the collective interests of Czech higher education institutions in legislative processes, budget negotiations with the Ministry of Education, Youth and Sports (MŠMT), and policy development affecting the sector. The Council operates through several governance bodies: the Sněm (Assembly), Předsednictvo (Board), Užší předsednictvo (Narrow Board), a Students' Chamber, a Forum of Chairs of Academic Senates, and more than twelve specialized working commissions covering legislative, economic, scientific, educational, strategy, quality, ethics, and internationalization matters.

The Council does not produce commercial products or proprietary technology. Its core "deliverable" is institutional advocacy output — policy positions, resolutions, statements, public comments on draft legislation, nominations to bodies such as the National Accreditation Authority for Higher Education, and coordination of academic-community responses to government proposals. Its information technology footprint consists of a public website (radavs.cz) used to publish news, meeting calendars, adopted resolutions, and organizational documents. There are no disclosed APIs, SDKs, integrations, or AI/ML components in the input data.

The Council is funded through state budget allocations administered by MŠMT rather than commercial revenue. Its go-to-market motion is community-led: it convenes academic senates, facilitates structured dialogue with the ministry, and coordinates sector-wide positions. A small administrative unit, the Agentura Rady vysokých škol (Agency of the Council), with approximately three to four staff members, provides organizational support. The Council reports no commercial revenue stream, no pricing model, and no investor capital; its engagement channels are policy consultations, press releases, and direct government interaction.

Short descriptiontext

The Council of Higher Education Institutions (Rada vysokých škol) is the statutory representative body of Czech public, private, and state universities, advocating for their interests in legislation, funding, and policy with the Ministry of Education.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersPrague, Czechia
HQ citystring
Prague
HQ countrystring
Czechia
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
higher education representation, academic policy advocacy, university funding coordination, higher education legislation, quality assurance coordination
Industry2 codes
1Higher Education Regulators & Tertiary Education Commissions
CodeEDADAAAGPrimaryYes
2Education Regulatory Authorities & Commissions (Cross-Sector)
CodeEDADAAADPrimaryNo
NAICS code2 codes
  • Executive, Legislative, and Other General Government Support921
  • Business Associations813910
SIC code1 code
  • Services-Membership Organizations8600
Product category
Higher Education Advocacy and Representation
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Government funding
TypeLicensing Royalties
Description

The Council of Higher Education Institutions operates as a statutory representative body funded through institutional support rather than commercial revenue generation. Its activities are supported by public funds allocated for the functioning of the representative body.

Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The Council of Higher Education Institutions (Rada vysokých škol, RVŠ) is the statutory representative body of Czech higher education institutions established under Act No. 111/1998 Coll. It coordinates collective advocacy on legislative, budgetary, and policy matters through its Assembly (Sněm), Board (Předsednictvo), Narrow Board (Užší předsednictvo), and more than 12 specialized working commissions. It serves as the formal consultative partner to the Ministry of Education, Youth and Sports (MŠMT) and nominates members to the National Accreditation Authority.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Successful advocacy resulted in government commitments to increase higher education funding by 6 billion CZK annually
Product overview1 text field

The Council of Higher Education Institutions (Rada vysokých škol, RVŠ) is a representative governance body for Czech public universities, not a product or technology company. It does not offer commercial products or services. Its core function is representing Czech higher education institutions, advocating for their interests, participating in legislative processes, and coordinating academic policy positions through its governing bodies (Sněm, Předsednictvo, Užší předsednictvo), working commissions, and agency staff. The website serves as an information portal for news, meeting schedules, resolutions, and organizational documents. There are no named commercial products or services to report.

Product and service1 record
1Collective Advocacy and Policy Representation
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
1Slovak Council of Higher Education Institutions
Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-02-06
Description

Bilateral cooperation between Czech and Slovak higher education representative bodies. Second joint meeting held in February 2025 in Brno to share experiences on higher education legislation and governance models.

2Czech Conference of Rectors (Česká konference rektorů)
Strategic tierCoreTypeStrategic or Co-development Partner
Description

The two main representative bodies of Czech higher education institutions. They coordinate on shared positions regarding legislation, funding, and higher education policy. Regular joint meetings and statements on issues affecting Czech higher education.

Strategic tierMajorTypeStrategic or Co-development Partner
Description

Joint statements on topics of mutual concern including digital libraries accessibility (2026) and support for open access publishing. Shared interest in research evaluation and scientific publishing policies.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Formal consultation partner on all matters affecting higher education. The Council provides recommendations and positions on proposed legislation, budget allocations, and policy developments. Regular participation in working groups and legislative drafting processes.

Strategic tierMajorTypeStrategic or Co-development Partner
Description

The Council nominates members to the Authority and provides recommendations on quality assurance standards and accreditation processes. Ongoing collaboration on accreditation reform and methodology.

6Higher Education Union (Vysokoškolský odborový svaz)
Strategic tierMajorTypeStrategic or Co-development Partner
Description

Joint statements on budget proposals and working conditions for academic staff. Collaboration on advocacy for adequate funding and salary improvements.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

International affiliation for knowledge sharing and best practices in higher education governance across Europe.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

International student representation through which Czech students participate in European-level discussions on higher education policy.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Largest pan-European association of universities, of which the Council is a member. EUA operates at a broader continental level but performs similar representative, advocacy, and policy-coordination functions for higher education institutions.

2Slovak Council of Higher Education Institutions
TypeDirect peer
Description

Direct Slovak counterpart body, sharing a comparable statutory mandate and engaging in bilateral cooperation including a joint meeting in Brno in February 2025. Operates the same representative function in a neighboring jurisdiction.

3Hungarian Rectors' Conference
TypeRegional player
Description

Hungarian counterpart representing rectors of higher education institutions, with comparable consultative mandate and similar exposure to national political dynamics in higher education policy.

4German Rectors' Conference (HRK)
TypeRegional player
Description

The representative body of German higher education institutions and rectors. Comparable statutory-style representation function at a larger national scale, serving as a regional benchmark for advocacy and policy coordination.

5Czech Conference of Rectors (Česká konference rektorů)
TypeDirect peer
Description

The other statutory representative body of Czech higher education institutions, representing rectors specifically. Issues joint statements with the Council on funding and legislation, making it the closest functional peer in the same domestic ecosystem.

TypeOthers
Description

European-level student representative body linked to the Council through the Students' Chamber (SKRVS). Shares an advocacy-and-representation model focused on higher education stakeholders from a different constituent perspective.

TypeEmerging player
Description

Czech national research body that partners with the Council on joint statements (e.g., digital libraries access in 2026, open access publishing). Related but distinct representative function focused on research rather than higher education teaching institutions.

8National Accreditation Authority for Higher Education (NAÚ)
TypeOthers
Description

Czech quality assurance regulator whose membership is partly nominated by the Council. Operates in an adjacent regulatory space — accreditation and quality assessment — that closely intersects with the Council's policy coordination work.

TypeRegional player
Description

Polish equivalent body representing rectors of public and private universities. Functions as a regional peer with similar consultative role vis-à-vis the Polish Ministry of Science and Higher Education.

10Austrian Universities Conference (UNIKO)
Description

Austrian counterpart body representing public universities. Comparable function in policy consultation and member coordination in a Central European jurisdiction with a similar public-university funding structure.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic

Higher Education Advocacy and Representationradavs.cz

The Council of Higher Education Institutions (Rada vysokých škol) is the statutory representative body of Czech public, private, and state universities, advocating for their interests in legislation, funding, and policy with the Ministry of Education.

What COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic does

The Council of Higher Education Institutions of the Czech Republic (Rada vysokých škol, RVŠ) is the statutory representative body of Czech higher education institutions, established in 1991 under Section 92 of Act No. 111/1998 Coll. on Higher Education. It is a public-law entity, not a commercial enterprise, composed of delegates appointed by the academic senates of Czech public, private, and state universities. Its core function is to represent the collective interests of Czech higher education institutions in legislative processes, budget negotiations with the Ministry of Education, Youth and Sports (MŠMT), and policy development affecting the sector. The Council operates through several governance bodies: the Sněm (Assembly), Předsednictvo (Board), Užší předsednictvo (Narrow Board), a Students' Chamber, a Forum of Chairs of Academic Senates, and more than twelve specialized working commissions covering legislative, economic, scientific, educational, strategy, quality, ethics, and internationalization matters.

The Council does not produce commercial products or proprietary technology. Its core "deliverable" is institutional advocacy output — policy positions, resolutions, statements, public comments on draft legislation, nominations to bodies such as the National Accreditation Authority for Higher Education, and coordination of academic-community responses to government proposals. Its information technology footprint consists of a public website (radavs.cz) used to publish news, meeting calendars, adopted resolutions, and organizational documents. There are no disclosed APIs, SDKs, integrations, or AI/ML components in the input data.

The Council is funded through state budget allocations administered by MŠMT rather than commercial revenue. Its go-to-market motion is community-led: it convenes academic senates, facilitates structured dialogue with the ministry, and coordinates sector-wide positions. A small administrative unit, the Agentura Rady vysokých škol (Agency of the Council), with approximately three to four staff members, provides organizational support. The Council reports no commercial revenue stream, no pricing model, and no investor capital; its engagement channels are policy consultations, press releases, and direct government interaction.

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic firmographics

Firmographics
Name
COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic
Legal name
Rada vysokých škol
Website
https://radavs.cz
Company type
Private
Founded year
1991
Operating status
Operating
Headcount range
1–10 employees
Short description
The Council of Higher Education Institutions (Rada vysokých škol) is the statutory representative body of Czech public, private, and state universities, advocating for their interests in legislation, funding, and policy with the Ministry of Education.
Ownership category
akta.pro rank

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic industry classification

Industry
Product category
Higher Education Advocacy and Representation
NAICS
Executive, Legislative, and Other General Government Support (921), Business Associations (813910)
SIC
Services-Membership Organizations (8600)
akta.pro primary industry
Higher Education Regulators & Tertiary Education Commissions (EDADAAAG)
akta.pro secondary industry
Education Regulatory Authorities & Commissions (Cross-Sector) (EDADAAAD)

Keywords

  • Higher education representation
  • Academic policy advocacy
  • University funding coordination
  • Higher education legislation
  • Quality assurance coordination

Where COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic is headquartered

Location

Headquarters

HQ city
Prague
HQ country
Czechia
HQ region
Europe

Offices1 record

Markets served

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Government funding: The Council of Higher Education Institutions operates as a statutory representative body funded through institutional support rather than commercial revenue generation. Its activities are supported by public funds allocated for the functioning of the representative body.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic product offering

Product offering

Core offering

The Council of Higher Education Institutions (Rada vysokých škol, RVŠ) is the statutory representative body of Czech higher education institutions established under Act No. 111/1998 Coll. It coordinates collective advocacy on legislative, budgetary, and policy matters through its Assembly (Sněm), Board (Předsednictvo), Narrow Board (Užší předsednictvo), and more than 12 specialized working commissions. It serves as the formal consultative partner to the Ministry of Education, Youth and Sports (MŠMT) and nominates members to the National Accreditation Authority.

Product overview

The Council of Higher Education Institutions (Rada vysokých škol, RVŠ) is a representative governance body for Czech public universities, not a product or technology company. It does not offer commercial products or services. Its core function is representing Czech higher education institutions, advocating for their interests, participating in legislative processes, and coordinating academic policy positions through its governing bodies (Sněm, Předsednictvo, Užší předsednictvo), working commissions, and agency staff. The website serves as an information portal for news, meeting schedules, resolutions, and organizational documents. There are no named commercial products or services to report.

Differentiator

Problem solved

Functional benefit

Products and services

  • Collective Advocacy and Policy Representation

Quantifiable outcome

  • Successful advocacy resulted in government commitments to increase higher education funding by 6 billion CZK annually

Companies that use COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic

Customer profile

Named customers5 records

Segments4 records

Ideal customer profiles3 records

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered major, core and minor.

  • Slovak Council of Higher Education InstitutionsmajorStrategic or Co-development Partner · 6 February 2025Bilateral cooperation between Czech and Slovak higher education representative bodies. Second joint meeting held in February 2025 in Brno to share experiences on higher education legislation and governance models.
  • Czech Conference of Rectors (Česká konference rektorů)coreStrategic or Co-development PartnerThe two main representative bodies of Czech higher education institutions. They coordinate on shared positions regarding legislation, funding, and higher education policy. Regular joint meetings and statements on issues affecting Czech higher education.
  • Academy of Sciences of the Czech Republic (Akademie věd ČR)majorStrategic or Co-development PartnerJoint statements on topics of mutual concern including digital libraries accessibility (2026) and support for open access publishing. Shared interest in research evaluation and scientific publishing policies.
  • Ministry of Education, Youth and Sports (MŠMT)coreStrategic or Co-development PartnerFormal consultation partner on all matters affecting higher education. The Council provides recommendations and positions on proposed legislation, budget allocations, and policy developments. Regular participation in working groups and legislative drafting processes.
  • National Accreditation Authority for Higher Education (Národní akreditační úřad)majorStrategic or Co-development PartnerThe Council nominates members to the Authority and provides recommendations on quality assurance standards and accreditation processes. Ongoing collaboration on accreditation reform and methodology.
  • Higher Education Union (Vysokoškolský odborový svaz)majorStrategic or Co-development PartnerJoint statements on budget proposals and working conditions for academic staff. Collaboration on advocacy for adequate funding and salary improvements.
  • European University Association (EUA)minorStrategic or Co-development PartnerInternational affiliation for knowledge sharing and best practices in higher education governance across Europe.
  • European Students' Union (ESU)minorStrategic or Co-development PartnerInternational student representation through which Czech students participate in European-level discussions on higher education policy.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic competitors and assessment

Company assessment

Broad incumbents

  • European University Association (EUA): Largest pan-European association of universities, of which the Council is a member. EUA operates at a broader continental level but performs similar representative, advocacy, and policy-coordination functions for higher education institutions.

Direct peers

  • Slovak Council of Higher Education Institutions: Direct Slovak counterpart body, sharing a comparable statutory mandate and engaging in bilateral cooperation including a joint meeting in Brno in February 2025. Operates the same representative function in a neighboring jurisdiction.
  • Czech Conference of Rectors (Česká konference rektorů): The other statutory representative body of Czech higher education institutions, representing rectors specifically. Issues joint statements with the Council on funding and legislation, making it the closest functional peer in the same domestic ecosystem.

Regional players

  • Hungarian Rectors' Conference: Hungarian counterpart representing rectors of higher education institutions, with comparable consultative mandate and similar exposure to national political dynamics in higher education policy.
  • German Rectors' Conference (HRK): The representative body of German higher education institutions and rectors. Comparable statutory-style representation function at a larger national scale, serving as a regional benchmark for advocacy and policy coordination.
  • Conference of Rectors of Academic Schools in Poland (KRASP): Polish equivalent body representing rectors of public and private universities. Functions as a regional peer with similar consultative role vis-à-vis the Polish Ministry of Science and Higher Education.

Others

  • European Students' Union (ESU): European-level student representative body linked to the Council through the Students' Chamber (SKRVS). Shares an advocacy-and-representation model focused on higher education stakeholders from a different constituent perspective.
  • National Accreditation Authority for Higher Education (NAÚ): Czech quality assurance regulator whose membership is partly nominated by the Council. Operates in an adjacent regulatory space — accreditation and quality assessment — that closely intersects with the Council's policy coordination work.

Emerging players

  • Academy of Sciences of the Czech Republic: Czech national research body that partners with the Council on joint statements (e.g., digital libraries access in 2026, open access publishing). Related but distinct representative function focused on research rather than higher education teaching institutions.

Peers

  • Austrian Universities Conference (UNIKO): Austrian counterpart body representing public universities. Comparable function in policy consultation and member coordination in a Central European jurisdiction with a similar public-university funding structure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic social profiles

Digital presence

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic financial estimates

Financial estimate

Revenue estimate

Valuation estimate

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic leadership team

Management profile

Number of profiles

Profiles10 records

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic

What does COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic do?

The Council of Higher Education Institutions (Rada vysokých škol, RVŠ) is the statutory representative body of Czech higher education institutions established under Act No. 111/1998 Coll. It coordinates collective advocacy on legislative, budgetary, and policy matters through its Assembly (Sněm), Board (Předsednictvo), Narrow Board (Užší předsednictvo), and more than 12 specialized working commissions. It serves as the formal consultative partner to the Ministry of Education, Youth and Sports (MŠMT) and nominates members to the National Accreditation Authority.

Is COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic a public or private company?

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic is a private company. It is classified as state government owned and is currently operating.

When was COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic founded?

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic was founded in 1991. It employs 1 to 10 people.

Where is COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic based?

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic is headquartered in Prague, Czechia, in the Europe region.

How does COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic make money?

One revenue line is on record: government funding.

Who are COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic's main competitors?

European University Association (EUA) is listed as a broad incumbent. Direct peers are Slovak Council of Higher Education Institutions and Czech Conference of Rectors (Česká konference rektorů). Regional players are Hungarian Rectors' Conference, German Rectors' Conference (HRK) and Conference of Rectors of Academic Schools in Poland (KRASP). Others are European Students' Union (ESU) and National Accreditation Authority for Higher Education (NAÚ). Academy of Sciences of the Czech Republic is listed as an emerging player. Austrian Universities Conference (UNIKO) is listed as a peer.

Does COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic have an API?

No public API is recorded for COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic.

What industry is COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic in?

COUNCIL OF HIGHER EDUCATION INSTITUTIONS of the Czech Republic's product category is Higher Education Advocacy and Representation. Its primary akta.pro industry code is EDADAAAG, Higher Education Regulators & Tertiary Education Commissions, with a secondary code of EDADAAAD, Education Regulatory Authorities & Commissions (Cross-Sector). Its NAICS code is 921 and its SIC code is 8600.

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