Articles for tag: Daniel Kretinsky

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Daniel Kretinsky

Domestic Capital Flowing Into Retail

Prague, Sept 2 (CTK) – Czech capital is slowly beginning to gain its place in domestic retail trade which is controlled mainly by German chains, apart from several acquisitions, the number of domestic retailers grows fast and Czech owners dominate in particular online trading.   Among the companies which have ended up in Czech hands ...

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Daniel Kretinsky owner of czech news center

PPF Files Suit After Purchase Of TV Nova Blocked By Regulators

Prague, Aug 7 (CTK) – PPF investment group filed a suit with Bulgaria’s Supreme Administrative Court over July’s verdict of the local regulator preventing it from purchasing local television network Nova, E15 server reported today.   “We can confirm we have filed an appeal against the decision of the Bulgarian anti-monopoly office regarding the Nova ...

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Kretinsky EPH Group

EPH Issues Four Year Bonds Worth Kc3 Billion

Prague, Aug 1 (CTK) – Energy and industry group Energeticky a prumyslovy holding (EPH) owned by Daniel Kretinsky is issuing four-year bonds in the total estimated amount of Kc3bn, the company said on its website today.   According to EPH, Kc2.5bn of the total amount has already been subscribed within the first tranche as of ...

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Daniel Kretinsky owner of czech news center

Daniel Kretinsky’s CMI Closes Deal For Lagardere Radio Stations

Prague, July 26 (CTK) – Czech Media Invest (CMI), which is co-owned by billionaire Daniel Kretinsky, completed the acquisition of French group Lagardere’s radio stations in the Czech Republic, Slovakia, Poland and Romania for EUR73m (over Kc1.8bn), CMI board member Daniel Castvaj told CTK.   The acquisition includes Czech radio stations Frekvence 1 and Evropa ...

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Kretinsky EPH Group

Kretinsky’s EPH Group Sees Net Profit Rise 10%

Prague, June 5 (CTK) – Energeticky a prumyslovy holding (EPH) energy and industry group of entrepreneur Daniel Kretinsky increased its net profit annually by 9.6 percent to Kc22.5bn in 2017, and its consolidated sales rose by 21.8 percent to Kc153.9bn, according to EPH’s annual report published on its website today.   Last year was affected ...

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Daniel Kretinsky owner of czech news center

Profits Rise For Daniel Křetínský’s Czech News Center

Prague, May 31 (CTK) – Czech News Center (CNC), the publisher of tabloid daily newspaper Blesk or weekly Reflex, saw its 2017 profit grow by Kc108m to Kc127m on revenues of Kc1.948bn, up by 3.5 percent annually, CNC said in its annual report.   Growing online advertising income and a cut in the VAT rate ...

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Daniel Kretinsky’s Buying Spree Continues: Negotiating Sale Of Elle Magazine

Prague, April 18 (CTK) – Czech Media Invest (CMI), a company whose co-owner and head is billionaire Daniel Kretinsky, is talking with Lagardere Group about buying France’s magazines including Elle, and the transaction is expected to be concluded in the coming weeks, CMI board member Daniel Castvaj told CTK today.   The deal concerns also ...