Kretinsky, who made his fortune in the energy sector with a string of high-stakes purchases and now owns a house near the Elysee Palace in Paris, is also in talks to become the biggest shareholder in French IT consulting firm Atos. Kretinsky’s Prague-based holding firm employs around 250 people, with only a small plaque to signal its presence on the appropriately-named boulevard-style Paris Street. It is run by a loyal inner circle of managers, some with small equity stakes.
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EPH reported earnings before interest, tax, depreciation and amortisation of 4. If you liked this post and you would such as to get even more details regarding online casino affiliate programs kindly check out our web page. 3 billion euros for 2022. Companies under Kretinsky’s control or joint control had core operating profits (EBITDA) of more than 9 billion euros last year and assets of more than 80 billion euros, an EPH spokesperson said. He is also facing political headwinds in his quest to buy Atos’ legacy operations in France and failed to win the auction for German utility Steag earlier this year, sources with knowledge with the situation said.
“He’s combining business with pleasure.” “He’s decided to accelerate this development in France, which is all the more interesting for him as he’s a francophone and a Francophile,” said Denis Olivennes, Kretinsky’s right-hand man in France. The 2016 takeover of Vattenfall’s German mines and 8,000 megawatt coal power plants is one example, where Kretinsky received 1.7 billion euros ($1.8 billion) in cash to buy the assets and the Swedish group booked a large loss on the deal.