Kellner’s husband, lawyer Tomáš Brzobohatý, ends up in PPF

Tomáš Brzobohatý, Petr Kellner’s elite lawyer and long-time close associate, who was present at all important PPF Group stores, is leaving PPF’s management. The company announced this on its website. Experienced dealmaker Tomáš Brzobohatý at the end of March, he will resign from the position of a member of the PPF Group’s management committee and … Read more

PPF is in trouble in Kazakhstan. The loan business and gold mining are at stake

“The priority is to ensure the safety and health of Bank Home Credit employees, which the PPF Group owns in Kazakhstan. We have news that everyone is fine. We continue to monitor the situation on a regular basis, “said Leoš Rousek, PPF Group Communications Director. The group, through its Kazakh bank, has been operating in … Read more

After merging with Air Bank, Moneta can benefit investors

According to Wall Street’s optimistic voices, the group’s growing emphasis on the Czech market and consumer business could earn tens of percent within a year and a day, also thanks to the impending increase in the shares of some major shareholders. “The success of the transaction may symbolize the gradual potential departure of PPF from … Read more

A new banking giant PPF is created. Moneta joins Air Bank, despite protests

On Monday, Moneta Money Bank shareholders agreed to merge with PPF’s banking division, which includes Air Bank, Czech and Slovak Home Credit and Benxy (Zonky). At the same time, the General Meeting approved the financing of the transaction, ie an increase in the bank’s share capital for the subscription of new shares. This was stated … Read more

The Czech anti-cancer drug is entering the second phase of clinical trials. He will be financially supported by the pharmaceutical giant Merck

The second phase of the clinical study aims to find out how effective and safe these products are. Up to three hundred patients treated with SOT101 in combination with a standard dose of KEYTRUDA should be enrolled in the study. These should include patients in the United States and selected European countries with six different … Read more

A strong stock is disappearing from the Prague Stock Exchange. PPF withdraws O2 shares, the central bank confirmed the price

PPF Telco Group, which is the main shareholder of O2 Czech Republic with more than 90 percent, received the CNB’s approval to crowd out minority shareholders. The redemption price of their shares will be 270 crowns per share. The buyout through PPF banka should be completed by the middle of next year. PPF stated this … Read more

What you (didn’t) miss: PPF is expanding, fears are growing on Wall Street, companies are calculating wage growth.

Following the recent accusation of investor Ondřej Janata of a billion-dollar fraud on retail investors, another suspicious investment offer appeared on the Czech financial market. The television station Šlágr, which is trying to sell dubious securities, came out with her. These are shares of Riocath FNDB, which are offered both through the company’s website and … Read more

How does the Air Bank that PPF wants to merge with Moneta make? Net profit grew

The Air Bank Group, which consists of Air Bank, Benxy and the Czech and Slovak Home Credit, reported a net profit of CZK 1.47 billion in the first nine months of this year. Year-on-year growth was 16.9 percent. On the other hand, operating revenues fell slightly by 1.6 percent to 4.29 billion crowns compared to … Read more

PPF and Moneta have agreed on a new merger financing model

“The PPF Group continues to promote its vision of creating a strong domestic bank with Czech capital. The merger of the Air Bank Group with Moneta seems to be a very suitable, but not exclusive, platform for this purpose. In a situation where the financial and commercial results of the Air Bank Group significantly exceed … Read more

Facebook blocked the city of Trutnov. Because of the alleged pornography

Facebook blocked the official profile of the town of Trutnov due to alleged pornography. The reason was a contribution about the opening of the exhibition in the city gallery with works by František Drtikol, which depict silhouettes of naked bodies. The town hall of the city of thirty thousand stated it on the website. “Facebook … Read more