Date of publication
| COVID will hurt us. But we at PPF are experts in the crisis, the shareholder says PPF is a quite diversified holding, diversified geographically and across different sectors: about 40 per cent of our business is in Europe, 20 per cent in Russia, 30 per cent in Asia. Then, from a different angle: about 50 per cent of PPF is financial services, over 30% is telecoms, about 10 per cent is real estate and the rest is engineering and biotechnology.
|The Rich Will Have to Help, Says Billionaire Šmejc Jiří Šmejc, co-owner of Home Credit and Petr Kellner’s long-term business partner, spends his life travelling between Europe, Asia, Russia and America. He is currently staying in Prague during the coronavirus crisis. How does he think the pandemic will affect business?
|Seznamzpravy.cz: Kellner’s record-breaking gift: We are combating a virus that will change the world “The material is in China at this point; it is being shipped to storage in Shanghai and all the paperwork required for the export is being taken care of,” says Vladimír Mlynář, PPF’s Chief of Public and Government Relations.
|Michal Frankl (CETIN): We will build a million optical connections. We want to compete with O2 in the auction for 5G frequencies. We want to take part in the auction for 5G frequencies, build a national mobile network and lease it on a wholesale basis, says the Strategy and Business Support Director of CETIN.
|Seznam.cz: Why Are We Buying Media? PPF Minority Shareholder Ladislav Bartoníček Explains Kellner’s Plans PPF is expanding in a new sector: media. The group’s media strategy is explained in a Seznam interview with Ladislav Bartoníček, PPF minority shareholder responsible for telecommunications.
|And then Kellner called Nine years ago, immunologist Radek Špíšek was on course for a stellar career in medicine. That was until he took up an offer from Petr Kellner, Czech Republic’s richest man, to develop pharmaceutical firm SOTIO: “an ambitious goal for the Czech Republic.”