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Penta wants to expand.

Europe Intelligence Wire

| June 01, 2009 | COPYRIGHT 2009 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 Access Czech Republic Business Bulletin)

Penta (Czech Republic/Slovakia), investment group, is preparing expansion during the crisis. It wants to buy firms for lower prices than before the crisis. Penta wants to invest EUR 500 mil, CEK 13.4 bil, in the purchase of new assets during the crisis. It has some finances for example from the sale of lands at the airport in Prague-Ruzyne at the end of 2008, roughly CEK 3 bil. Penta wants to use a part of the finances for the purchase of the ...

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