Company Telenor Montenegro at the end of last year, it had 333 thousand subscribers, thanks to which it earned 44 million euros last year, in terms of over 1.1 billion crowns. Operating profit (EBITDA) for the same period reached 16 million euros, in terms of approximately 411 million crowns. The sale price in such a … Read more
PPF Group will no longer be the sole owner of the Central European network operator Cetin Group. It has agreed with the Singapore state investment fund GIC to sell it a 30 percent stake in this group and will now hold only the remaining majority. The parties to the transaction have agreed not to comment … Read more
The economist Dušan Tříska, who was one of the creators of the coupon privatization, evaluates the change positively after three decades. He values democracy, capitalism and relative prosperity. He sees the problem in the fact that the Czechia is a country of assembly plants held by foreign investors. “It was no different than that foreign … Read more
“We will refrain from any comments on the activities of our shareholders,” says Zuzana Filipová, spokeswoman for Moneta Monety Bank, about Belviport’s purchases. Tykač’s company went from zero to 4.33 percent this year, which corresponds to the current value at the threshold of two billion crowns. Economists have previously emphasized the two possible motivations of … Read more
The French plant with around 750 employees has to be sold to Alstom, because otherwise, according to the European Commission, it would have too dominant a position on the market. The transaction between Alstom and Bomrardier will lead to the creation of the second largest rolling stock manufacturer in the world, after the Chinese giant … Read more
The novinky.cz server pointed this out. Bank spokeswoman Jana Pokorná said that the company is solving problems intensively, but it is not yet clear how long it will take. Problems from Saturday night are also being solved by another domestic bank, Equa Bank. “We are currently facing an outage of online banking. At the same … Read more
CETIN used bonding technology to accelerate its fixed network, ie the use of two pairs of metallic lines. Acceleration works at the same time in both directions, ie not only on the way to customers (download), but also from them (upload). Another 807 thousand households are within reach of connections with a speed of up … Read more
“The longer it takes the PPF Group to start and possibly finalize new negotiations, the higher the price it will have to offer as part of the mandatory takeover bid,” says Cyrrus economist Tomáš Pfeiler. On June 22, Moneta’s shareholders rejected a key parameter of the merger with PPF’s banking division, after which a trio … Read more
61.9 percent of the present shares were in favor of the merger with the PPF banking division, and 50 percent were approved for approval. Moneta Zuzana Filipov informed about it. In the next vote, it was necessary to approve the funding phase, at least 75 percent of the vote. There was only a 61.69 percent … Read more
At the Extraordinary General Meeting, Moneta’s shareholders did not approve the proposed financing of the merger with the banking part of PPF, which includes Air Bank, Czech and Slovak Home Credit and Benxy, which was needed to complete the transaction. Earlier, they agreed on the intention of the merger, said Moneta spokeswoman Zuzana Filipová 61.9 … Read more