Press Releases

PPF Group achieves record profit in 2008: the value of PPF Group’s assets exceed EUR 10.5 billion

09.06. 2009

PPF Group N.V. today announces its audited consolidated financial results for the full year 2008 (as at December 31, 2008). Despite the challenging economic conditions, the Group continued to pursue its strategy of balanced growth in selected markets, while simultaneously reacting robustly and flexibly to the signs of financial crisis. Alongside its long-term activities in financial services, PPF Group has started to develop further strategic initiatives within its corporate structure, such as real estate and private equity.

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Green light for PPF Partners: PPF Group and Generali launch new private equity venture for Central and Eastern Europe emerging markets

01.06. 2009

PPF Group and Assicurazioni Generali announce the launch of PPF Partners, a private equity firm specialising in investing in the emerging markets of Central and Eastern Europe and the CIS region.

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International Multimedia News Lab Launched in Prague

25.05. 2009

Representatives of World Association of Newspapers (WAN) and PPF Group have launched the International Multimedia News Lab in Prague. The training and educational centre, combined, with the editorial house, is called FUTUROOM – newsroom of the future.

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New PPF Media project for Central and Eastern Europe backed by Google

21.05. 2009

PPF announces a partnership with Google for a new regional media project and an International Training Centre for Multimedia in the Czech Republic

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PPF GROUP HAS LAUNCHED ITS CONSUMER FINANCE ARM IN VIETNAM

29.04. 2009

The PPF Group N.V. announces the launch of a new era in consumer lending in Vietnam as “PPF Vietnam finance company Ltd”, the Group’s first licensed financial services company in Asia

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PPF GROUP AND IGOR YAKOVLEV SIGN JOINT VENTURE AGREEMENT

27.04. 2009

PPF Group, a leading international financial group and Russian entrepreneur Igor Yakovlev, have agreed a debt for equity swap enabling PPF Group to acquire a majority stake in Russia’s largest home appliances and electronics retail chain, “Eldorado“. The deal is expected to complete in the 3rd quarter of 2009.

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PPF Media launches regional media service

15.04. 2009

PPF Media, a member of the PPF Group, today announces that it is to launch a regional media network. From June 2009 it will start to issue regional weeklies and will also launch a series of supporting news service websites across selected districts in the Czech Republic. The regional media network forms part of PPF’s media expansion plans which also includes the opening of the International Multimedia Training Centre in Prague.

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PPF banka a.s. – Financial Results for 2008: Net Profit of CZK 543.3 million surpasses 2007´s record results

27.03. 2009

PPF banka a.s. (“PPF banka”), a subsidiary of PPF Group N.V., today announces its financial results for the period ended 31 December 2008, pursuant to Czech Accounting Standards (CAS).

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PPF and Milan Janků form one of the largest real estate holdings companies in Central Europe

02.03. 2009

PPF Group N.V. today announces that following a successful agreement with businessman Milan Janků, they are to establish a joint holding company, which will manage and develop the respective groups’ real estate assets. Upon completion, this transaction will establish one of the largest integrated real estate groups in the Czech Republic, whose activities will extend to markets in Central and Eastern Europe, Russia and China.

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Tomas Spurny leaves PPF Group

26.02. 2009

PPF Group announces that according to the mutual agreement with the shareholders, Tomas Spurny resigned from the position of Chairman of the Board, PPF a.s., which is main consulting company of the whole Group. As of end of February, Tomas Spurny is to leave PPF’s top management for new career challenges.

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