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Czech group PPF to expand in China, Vietnam, Romania, Ukraine.

Europe Intelligence Wire

| June 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Czech News Agency)

PRAGUE, June 1 (CTK) - Major Czech financial group PPF plans to expand and provide financial services for individual clients in a number of countries, apart from the key Russian market, spokeswoman Romana Tomasova said in a press release today.

PPF is seeking to enter the markets in China, Vietnam, Kazakhstan, Romania, Serbia, Montenegro and Ukraine.

International expansion does not mean the group will leave the Czech and Slovak markets.

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