NEWSBOX

J&T significantly strengthens its position in energy sector with acquisition of International Power Opatovice

J&T group confirms that it has signed an agreement with International Power to acquire all the assets of International Power in the Czech Republic. Henceforth, J&T acquires one hundred per cent stake in International Power Opatovice (IPO), as well as its equity interest in Pražská teplárenská (PT) and Energotrans (ET).

J&T BANKA's Q1 Profit Exceeded CZK 100 Million

In the first quarter of 2009, J&T Banka generated its Profit Before Tax at CZK 108 million. Total Assets reached CZK 36.4 billion. Deposits for 12+ months exceeded 50% of all deposits.

GRAND HOTEL KEMPINSKI HIGH TATRAS OPENING.

On 7 May 2009, the magnificent Grand Hotel Kempinski High Tatras, region’s first five star luxury hotel, will soft open.