Energy and Industrial Holding (EPH) of entrepreneur Daniel Křetínský recorded a net profit of 2.2 billion euros in the first half of this year. It improved from last year’s 602 million euros (over 14.63 billion CZK). A new acquisition of Slovenská elektrárne has already been reflected in this year’s economic results. EPH spokesman Daniel Častvaj informed the Czech News Agency of this.
The most significant event of the first half of the year was the completion of the acquisition of the remaining 50 percent stake in Slovak Power Holding. After it, EPH gained control of the company Slovenská elektrárna, the largest producer of electricity in Slovakia.
“The completion of the acquisition of Slovenská elektrárne is a significant step in our path to responsible growth with low carbon emissions,” said Jan Špringl, Vice Chairman of the Board of Directors and CEO. According to him, the economic results for the first half of the year demonstrated the stability and resilience of the business model of the whole group.
Holding further announced that it is now entering the final phase of a major investment cycle aimed at strengthening the position of EPH. For example, a hydrogen-fired steam-gas unit with an output of 800 MW at the Tavazzano power plant in Italy, which was operational in March 2025. Furthermore, the fourth unit of the Mochovce nuclear power plant in Slovakia, the steam-gas power plant in Ostiglia, Italy, with an output of 880 MW, which is expected to start operating in 2026, battery storage with a capacity of 695 MW and other projects aimed at extending the life of the group’s energy equipment.
EPH also recalled the 2030 goal of completely ending the use of coal.
The EPH Group comprises more than 70 companies across Europe. The holding includes, for example, the energy companies EP Infrastructure and EP Power Europe. The majority owner of the group is one of the richest Czechs Daniel Křetínský. The parent group is EPCG, including the Czech Media Invest (CMI) and EC Investments media group. At the EPCG, Křetínský has 89.3 percent of the shares and the remaining 10.7 percent is owned by the EPH Group of Managers.
