Articles for tag: China, PPF

ČTK

PPF’s Home Credit Groups Profit Plunge

Prague, May 30 (CTK) – Home Credit group, a consumer loan provider, made a EUR31m (some Kc800m) loss in the first quarter of this year, plunging from a EUR80m (about Kc2.1bn) profit annually, which was caused by the turbulent development on the Chinese consumer loan market, the company said in a press release today.   ...

ČTK

Skoda

Skoda Auto To Begin Production In Germany

Mlada Boleslav, Central Bohemia, April 26 (CTK) – Skoda Auto car maker will have part of production in Osnabruck, Germany, CEO Bernhard Maier told Auto.cz server, adding that the reason is that Skoda Auto’s production capacity in Europe is fully used already.   Maier has not specified what exactly Skoda Auto will produce in Germany. ...

Matt Atlas

Petr Kellner’s PPF Buys Skoda Transportation Group

Prague, April 25 (CTK) – PPF investment group has completed the purchase of 100 percent in Skoda Transportation engineering group, including further assets linked with its activities, and made several changes to the group’s management, naming Petr Brzezina its new CEO and board chairman, PPF told CTK today.   Members of Skoda Transportation board of ...

ČTK

Petr Kellner

Petr Kellner’s PPF Buys Telenor Mobile Assets For CZK 71 Billion

Prague, March 21 (CTK) – PPF investment group of richest Czech Petr Kellner has agreed with Norway’s company Telenor to buy its mobile operators in Hungary, Bulgaria, Montenegro and Serbia, for which it will pay EUR2.8bn (about Kc71bn), with the deal waiting to be approved by respective antitrust offices, PPF said in a press release ...