Prusa Research, which manufactures and sells 3D printers, continued to grow last year. “We are not completely satisfied. In 2021, we grew by only ten percent. We will have a turnover of 2.5 billion crowns, “Josef Průša, head and founder of Prusa Research, told SZ Byznys.
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The profitability of the company, which was established only ten years ago, has also increased significantly. ‘EBITDA (profit before interest, taxes and depreciation, note red.) was 600 million crowns last year. But we feel as if we have cut our wings because there are no materials, no microchips and all supplies are still broken after the covid-19, “added Průša, who already belongs to the list of the hundreds richest Czechs.
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The Prague company is therefore trying to secure its own production of materials or work more efficiently with existing ones. To produce some components, she started using plastic material, which will remain as waste during production. “We have just opened the installation of printed circuit boards and are thinking about a strategic investment in another of the materials we need,” added Průša, who owns a 42.5 percent stake in the company.
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Last year, Prusa Research expanded and bought an 80% stake in the Hradec Králové company Trilab, which develops and manufactures 3D printers for companies. The company has more than 600 people working together.
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Josef Průša started his business ten years ago in a cellar in Smíchov, Prague. Today, his company Prusa Research is one of the largest manufacturers of 3D printers in the world and supplies its products to SpaceX Elona Muska, NASA or the American University MIT.
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In 2020, the company achieved sales of 2.2 billion crowns and EBITDA of 507 million crowns. It has produced over 100,000 printers and more than 500 tons of cartridges for them.
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Rocket growth this year earned Průš the title of EY Entrepreneur of the Year. He has led his company to success without investors, on the contrary, he has recently been investing in startups, and is reportedly planning further acquisitions abroad soon.
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