PPF Group is also a major employer in the Czech Republic. At the end of 2018, Czech companies in which PPF Group held majority interests employed approximately 14,000 people, for whom they paid CZK 3.6 billion to the State in social security and health insurance. Thus, companies with PPF Group’s majority interests sent CZK 6.2 billion to the State in income tax and labour-related payments.
Czech companies in PPF Group include, for example, PPF a.s., Home Credit International, SOTIO, PPF Real Estate, and Škoda Transportation. These companies coordinate PPF’s operations in 23 countries spanning three continents. In the Czech Republic, PPF Group also holds majority interests in companies including PPF banka, Air Bank, CETIN, O2 Czech Republic, Bestsport and others. The overwhelming majority of their employees are highly skilled experts in their respective fields.