Jawa 500cc OHC twin
Know very little about them, but the model above is the 'typ 15-02' built between 1954 and 1958. There was an earlier version 'typ 15-01' built from 1952 - 1954, (below). Compare this to British bikes of the era, and see how advanced it was especially for something built in a Communist country. Now very rare, there are none on Czech Ebay, so chances of ever seeing one are slim.
Rather than retype details, I'll just cut and paste from another website.
Here's a video file of one being started:
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