Portu previously operated as an internal project of the investment group Wood & Company. The platform used its background and verified processes of a licensed securities trader.
Wood & Company remains the majority and currently sole shareholder of Port. The demerger process is intended to support both companies’ focus on their core business, Port’s retail focus on investing for the general public, and Wood & Company’s specialization on the institutional sector and wealth management.
“Being independent will allow us to expand more quickly by partnering with new entities and expanding the product spectrum. As one of the first, for example, we will offer a new product on the Czech market from January in the form of a state-supported and tax-advantaged pension product (so-called DIP),” commented Radim Krejčí, the founder of Port and the newly appointed CEO and Chairman of the Board of Directors of Wood Retail Investments.
2023-12-11 15:02:24
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