PPF Reports Positive Results and Expands Investments 17th October 2023 PPF, the Czech investment group, has announced positive financial results for the first half of this year. The company has successfully dealt with most of the costs associated with its exit from Russia, according to a press release. The sale of the Filipino Home Credit … Read more
we unlock >>> PPF continues to strengthen in its newly built business. During the second quarter, it acquired a minority stake in the world’s largest yacht retailer, MarineMax. It paid over 700 million crowns for 5.4 percent. we unlock >>> The founder of Xixoio, Richard Watzke, was still the majority owner of the company at … Read more
A prominent figure is slowly disappearing from the shareholder structure of Moneta Money Bank. Klaus Umek, a bon vivant and investment banker, got rid of almost half of his share in the bank in mid-April. The head of the activist fund Petrus Advisors, who in 2021 loudly protested the merger of Moneta and the banking … Read more
The tax on extraordinary profits, or the war tax, applies to the largest banks and energy companies. The government of Petr Fiala (ODS) promises up to 120 billion kroner in addition to this year’s budget. However, Moneta complains that because of the tax, he will have to radically limit investment plans and also get rid … Read more