News

11/2/2009

J&T BANKA’s Profit in Q3 2009 Reached CZK 411.7 Million

J&T BANKA’s Net Profit as of September 30, 2009 reached CZK 411.7 million, 16% more year on year. Apart from released provisions, the profit growth can also be attributed to higher income from fees and interest and lower administrative costs.

10/15/2009

Energetický a Průmyslový Holding has set up its ownership structure and commenced activities.

Today, ENERGETICKÝ A PRŮMYSLOVÝ HOLDING finalised its shareholder structure and started activities. Both the PPF Group and Daniel Křetínský have successfully entered into the holding, which consists of energy and industrial stocks earmarked from the J&T Group.

10/7/2009

J&T set out resolutely for 2009 .

J&T FINANCE GROUP, a.s. successfully continued in its previous year’s performance, generating a profit of EUR 27 mil for the first six months of this year.

10/1/2009

J&T Real Estate successful in refinancing TOWER 115.

J&T Real Estate obtained new funds for the TOWER 115 project from the German bank Berlin Hyp, specialized in the real estate finance.

10/1/2009

ANDREJ ZATKO, PROXY OF J&T BANKA BRATISLAVA.

ANDREJ ZATKO was appointed the proxy of J&T BANKA Bratislava by the Board of Directors and shareholders of J&T BANKA.

8/12/2009

J&T generates profit despite the crisis.

J&T Group gained profit of EUR 106.03 million (SKK 3.19 bln.) in 2008.

7/1/2009

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).

5/13/2009

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.

4/1/2009

J&T BANKA Confirms its Expected Positive Results for 2008

As of the end of 2008, J&T BANKA, a. s., generated a record high Profit Before Tax of CZK 304 million (up by CZK 14 million, year-on-year). The bank's Total Assets increased by 16% over the same period, reaching CZK 38.6 billion.

3/13/2009

J&T BANKA Slovakia was able to keep growth

Despite the market situation, J&T BANKA, a.s., branch of a foreign bank in Bratislava, has reached a slight year-to-year profit increase.

2/25/2009

ABS Jets Receives the Best Business Aviation Company Award

ABS Jets received the prestigious Overseas Living magazine award in the field of business aviation

2/25/2009

MIBRAG acquisition contract signed by Severočeské doly and J&T Group

A consortium of Severočeské doly Chomutov (a brown coal mining company), member of the CEZ Group, and J&T Group won the tender for 100 % share in German coal mining company MIBRAG. The total value of the transaction reached EUR 404 mil.

2/20/2009

J&T will sale the shares of Zentiva

Fervent Holdings Ltd. announces that it has accepted the voluntary offer for the takeover of its shares in the firm Zentiva.

2/18/2009

SOR’s Environmental Buses Best Choice for Prague

Over the next six years, the SOR Libchavy bus manufacturer will supply the Prague Transport Authority (DPHMP) with a total of 620 buses for municipal transport. All of the buses meet the strictest of environmental criteria and are characterised by low fuel consumption.

2/16/2009

J&T and PPF Agreed to Form an Energy and Industrial Holding Company

The J&T and PPF groups hereby announce that they have signed an agreement establishing a joint venture company in the energy and industry sectors. The energy and industrial holding company will be formed through a combination of an investment and the sale of energy and industrial equity stakes from the J&T group.

1/6/2009

J&T Plans to Build a Wind Farm with 25 Power Plants by the Municipality of Moldava

The J&T Group is planning to construct a total of 25 wind power plants with a total installed output capacity of up to 75 MW in the Krušné Mountains next to the municipality of Moldava. Investment in this project will total approximately CZK 2.5 billion. The wind farm in Moldava could produce an average of 225 GWh of electric energy annually. The production of electricity is anticipated to start in 2011.

12/22/2008

J&T to built a hard coal power plant in the republic of Moldova

Representatives of the Government of the Republic of Moldova and J&T’s representative Daniel Křetínský signed a contract today in Kishinev, defining the terms and conditions of constructing a new state-of-the-art power plant in Republic of Moldova. If the project is implemented, J&T will build and operate near moldavian Ungheni a new hard-coal power source with an installed capacity of 350 MWe with potential expansion by two more unit of the similar capacity. J&T’s total investment may reach EUR 615 million with local content at least EUR 200 million.

12/17/2008

Prosek Point - Successful approval for the building B

More than fifty percent of completed space in the administrative centre Prosek Point has found its tenants.

12/2/2008

The changes on the Board of Directors of J&T Bank Switzerland

Change of Chairman, Board and Management at J&T Bank (Switzerland) Ltd after successful reorganization and reorientation of the Bank

11/10/2008

RIVER PARK cheaper by 40 % from today to Christmas

J&T REAL ESTATE is reducing apartment prices in RIVER PARK by 40%. It also prepares presentation of unique apartments in the Central Europe.

10/30/2008

J&T BANKA has Record High Profit

In the first 9 months of 2008, J&T BANKA, a. s. generated a profit of CZK 353 million, which is CZK 188 million more year on year. These record-high results reflect the bank’s growing Total Assets (up by 25% to CZK 39 billion year on year), improving the operating efficiency and greater interest margins on credit transactions.

10/17/2008

Plzeňská energetika’s New 100 MW of Power to Increase Efficiency and Improve Environmental Aspects

Plzeňská energetika has announced a tender for the delivery and installation of a new 100 MW turbine. The contract price should be between CZK 600 and 800 million. The turbine set, with 100 MW of installed capacity will replace the existing equipment.

10/6/2008

United Energy Exhibit Celebrates Power Plant Anniversary

An exhibit commemorating the sixty-fifth anniversary of the construction of the Komořany Power Plant is being held in the Zlatá Trojka Exhibition Room at the Most Municipal Library and will be open through the end of October.

9/29/2008

J&T Group strangthens position in Pražská energetika

Acting through Honor Invest, J&T has increased its share in the Pražská Energetika (PRE) power company to approximately 41%. Another key PRE shareholder – Pražská Energetika Holding (PREH) – also strengthened its position to approximately 58%.

9/15/2008

ABS Jets launches Travel Management Service

Along the lines of its long-term development plan and as a response to the growing market demand, ABS Jets further extends its portfolio of services by TRAVEL MANAGEMENT.

8/6/2008

J&T BANKA Doubled its Profit Year-on-Year

During the first half of 2008, J&T BANKA increased its profit by more than CZK 140 million, to CZK 278 million. This result is partially attributable to one-time transactions connected with the release of provisions for repaid loans. Operating profit, which does not include the aforementioned one-time transactions, grew by more than 50% year-on-year.

8/4/2008

J&T BANKA v prvom polroku 2008 opäť prudko rástla

BRATISLAVA – J&T BANKA, a.s. pobočka zahraničnej banky Bratislava, v prvom polroku tohto roka pokračovala v prudkom raste z minulých rokov. Za prvých 6 mesiacov dosiahla čistý zisk 115,76 mil. Sk, čo je oproti rovnakému obdobiu minulého roka viac než dvojnásobok. Bilančná suma vzrástla od konca roka 2007 o 3,13 miliardy korún a dosiahla 16,73 mld. Sk. Keďže bilančná suma J&T BANKY Bratislava tvorí približne 40% celkovej bilančnej sumy J&T BANKY, pozitívne hospodárenie pobočky sa odzrkadlilo aj na hospodárení celku. Bilančná suma J&T BANKY Praha medziročne vzrástla o 50% na 51,3 mld. Sk a čistý zisk sa dokonca zdvojnásobil na 351 mil. Sk. Výrazne vzrástol aj objem voľnej likvidity, keď sa jej prebytok zvýšil z 8,1 mld. Sk na konci roku 2007 na 13,13 mld. Sk k 30. 6. 2008.

6/24/2008

The position of J&T regarding PPF Group’s public bid for buying out the shares of the pharmaceutical firm Zentiva

„At this moment J&T does not have reason to accept PPF’s offer. We are closely following and analyzing the entire situation concerning the shares of Zentiva and will rigourously weigh our next moves.“

6/1/2008

Z1 TV starts broadcasting

The first commercial news TV station in the Czech Republic has started broadcasting today

The Czech Republic has entered the digital television era today. The first commercial news TV station, Z1, has started broadcasting - even on the internet. It is one of the first six digital nationwide stations that will expand the so-far limited offer of television in the Czech Republic.

5/28/2008

J&T to Explore New Promising Markets

Barbados – J&T Group acquires Bayshore Bank & Trust (Barbados) Corporation, extending the Group’s banking activities to the Caribbean.

5/28/2008

Strážske Power Plant Might Bring SKK 4 billion in Investment to the Region

About SKK 4 billion out of the total investment of SKK 12 billion intended for the new Elektráreň Strážske power plant would be allocated to activities that can be carried out by firms directly from the region. Such investment would boost economic growth and long-term development of the town of Strážske and its region.

5/28/2008

J&T Banka profit in Q1 2008

J&T BANKA achieved a pre-tax profit of CZK 112.6 million in the first quarter of 2008. This is a growth of 40 % against last year. The net profit after taxation grew by 15 % against last year, to CZK 85 million.

5/16/2008

Z1 to start broadcasting in June

Z1, a new digital TV station, is preparing to start broadcasting at the beginning of June. The news TV station is the first among licensed TV stations to start digital broadcasting based on a compensatory licence.

5/14/2008

J&T Acquired the Most Esteemed Hotel in Moscow

Companies affiliated with the J&T Group acquired a 75% share of Baltchug, s.r.o. which owned the hotel complex, in Kempinski Hotels. Kempinski kept 25% for itself. The contract was signed in October last year and the agreement was made in April.

5/5/2008

Media Brunch: unusual presentation of J&T REAL ESTATE CZ projects

On Tuesday 29 April, we presented the current projects of J&T REAL ESTATE CZ during an informal morning brunch.

4/28/2008

Z1 TV introduces presenters

The prepared Z1 TV introduces its presenters. They are personalities with experience not only from a TV screen but also from the radio.

4/17/2008

ABS JETS further expands its services at Prague-Ruzyně airport

In line with its long-term plan, ABS Jets obtained authorisation from the Civil Aviation Authority of the Czech Republic for providing handling services focusing on the business aviation segment at the Prague-Ruzyně South airport.

4/4/2008

ABS Jets ads another Embraer Legacy to its business jet fleet

The fourth Embraer Legacy managed by ABS Jets landed on the Prague Ruzyně airport on the third day of April.

4/3/2008

Changing Dominating Feature of Košice

Doubletree by Hilton will be the new name of the former Slovan Hotel when its renovation will be completed in December this year. Total renovation costs will amount to approximately 800 million Crowns.

4/2/2008

The most powerful wind turbines in Pchery start generating power

Wind turbines with the highest installed unit capacity in the Czech Republic, located in Pchery near Kladno, have started generating electricity and supplying power to the distribution network in test mode today.

3/19/2008

J&T BANKA in Moscow

J&T FINANCE GROUP enters the banking market in the Russian federation and opens Джей энд Ти Банк (ЗАО), J&T BANK zao in English.

2/8/2008

The most powerful wind turbines finished in Pchery

The construction of two wind turbines with the highest installed unit capacity was finished in Pchery near Kladno today. Each wind turbine has an installed capacity of 3 MW.

2/7/2008

J&T BANKA Bratislava Enters Stock Market

J&T BANKA, a.s., branch of the foreign bank, assumed activities of J&T SECURITIES, a.s., o.c.p. securities dealer. Since February, it is a member of the Bratislava stock exchange (Burza cenných papierov v Bratislave a.s.) and of the Central Securities Depository (Centrálny depozitár, a.s.)

1/14/2008

United Energy gives in to MUS, signs coal price increase agreement

In order to ensure heat deliveries, United Energy, the operator of the Komořany heating plant, accepted a 27% increase in the price of coal delivered by Mostecká uhelná (MUS) and signed a coal supply contract for 2008 with MUS.

1/4/2008

United Energy Succumbed to the Pressure of MUS and Signed a Contract on Increased Coal Prices

The company United Energy, operator of the Komořany heating plant, has accepted a 27 per cent price increase

1/1/2008

J&T BANKA’s balance sheet total grows 25 % against last year

The balance sheet total of J&T BANKA, a. s., exceeded CZK 24 billion at the end of the first quarter. That is a growth of more than 25 % in comparison with last year

12/20/2007

Prices of heat from United Energy are reasonable and law compliant

The prices charged for heat by United Energy to its customers are in full compliance with the price law. This is the conclusion reached by the State Energy Inspection, which carried out a price control initiated by Mostecká uhelná in United Energy, the operator of the Komořany heating plant.

12/6/2007

Connection with Dušan Muňko Has Never Been an Advantage for J&T Group

A family relation of Martin Fedor, J&T partner, with Dušan Muňko, state secretary of the Ministry of Environment, has never brought any advantage for J&T. On the contrary, the government in which Dušan Muňko is a member, suspended privatisations for almost 30 billion Crowns, where J&T won tenders.

8/31/2007

J&T BANKA raises profit by 10.6 % against last year

J&T BANKA, a. s., achieved a consolidated post-tax profit of CZK 131 million in the first half of 2007.

8/22/2007

J&T BANKA raises capital

J&T BANKA has successfully finished negotiations with foreign investors concerning the issue of 15-year subordinated debentures in a volume of EUR 25 million.

7/18/2007

J&T starts restructuring Russian bank

The J&T Finance Group, which bought a smaller Russian bank, Tretij Rim, in April, has started the first restructuring steps

7/15/2007

J&T Will Be a Developer for the Biggest 5* Complex in the Caribbean Region

6/26/2007

The year 2006 brings about the further expansion of J&T

Assets of J&T amounted to 88.88 billion Crowns as of 31 December 2006. Compared to the previous year, there is a 16% increase. The Group earned a profit of SKK 2.95 billion in the previous year. This can be seen from the consolidated financial statements prepared in accordance with International Financial Reporting Standards, audited by KPMG without any objections.

5/31/2007

The balance sum of J&T BANKA grew by 25% year-on-year

The balance sum of J&T BANKA, a. s., exceeded CZK 24 billion at the end of the first quarter.

4/18/2007

Successful launch of J&T BANKA Bratislava

J&T BANKA, a.s., Bratislava branch of the foreign bank, recorded success in the very first year of its existence. It earned SKK 5.18 million as of 31 December 2006 - not even a year since its establishment, and its balance amounted to SKK 7.178 billion.

4/11/2007

J&T FINANCE GROUP Enters the Russian banking market

The Central Bank of the Russian Federation granted permission for J&T FINANCE GROUP to acquire 100% shares in of one of the Moscow banks. Russia is now the fifth country where the J&T Group pursues its banking activities.

4/5/2007

J&T BANK finished another successful year

J&T BANKA grew again in 2006. The consolidated profit after tax reached CZK 173.6 mil, volume of deposits and granted credits increased significantly.

11/9/2006

J&T Group Expands to Greece

Opening a representation for IBI Bank AG in Athens, J&T Group expands its presence in yet another country.

9/1/2006

Almost Double Growth in J&T in 2005

BRATISLAVA (31 August 2006) Last year, J&T FINANCE GROUP, a.s. achieved a record-breaking net consolidated profit of SKK 4.38 billion. The value of its assets

9/1/2006

SES Tlmače Change Their Majority Shareholder

BRATISLAVA (30 August 2006) Segfield Investments became holder of a 51% share in SES Tlmače.

12/13/2005

Slovak Branch of J&T BANKA Now Entered in the Commercial Register

BRATISLAVA The Bratislava I District Court entered J&T BANKA, a.s., a branch of the foreign bank, to the Commercial Register. In legal terms, this means

10/27/2005

J&T Buys Swiss IBI Bank

Lugano//Bratislava/Zurich (27 October) J &T FINANCE GROUP, a. s. acquired from the Italian financial group Banca Intermobiliare di Investimenti

J&T To Build a New Football Stadium in Bratislava

J&T REAL ESTATE will be a developer for the National Football Stadium in Bratislava. This arises from a consent of three Bratislava football clubs, the Football Union and the Capital City of Bratislava. Rental of lands for the stadium was approved yesterday by the Bratislava City Council.

Sale of the Daylight Real Estate Portfolio is the Biggest Transaction in History of the Group

A real estate fund administered by AXA Real Estate Investment Managers has become a financial partner for five real estate projects of J&T GLOBAL. With the contract value of almost EUR 250 million, this is the biggest transaction in the history of the J&T Group, the second biggest real estate deal in Slovakia ever and the sale of the biggest industrial park portfolio in Central Europe.

Luxury Housing Revolutionised

J&T REAL ESTATE started selling apartments in the RIVER PARK Complex. 108 apartments are to be sold in the first stage with their cumulative price amounting to 2.5 billion Crowns.

The balance sum of J&T BANKA grew by 25% year-on-year

The balance sum of J&T BANKA, a. s., exceeded CZK 24 billion at the end of the first quarter. Compared year-on-year, this is an increase of over 25%.

Watermen Do Not Object to Development of the Karloveské Rameno River Branc

Karloveské rameno s.r.o. and the Water Sports Club in Karlova ves signed a memorandum of understanding. Both parties view the execution of the memorandum as a conclusion of their mutual discussion in the media about the fate of the dockyard in Karlova ves and they think that direct debates would be more useful in the future.

J&T REAL ESTATE Partner of HN Club

J&T REAL ESTATE, being a leader of development in the High Tatra Mountains, has been a general partner of the HN Club for the situation in the High Tatras three years after the disaster. Igor Rattaj, partner of the J&T Group, spoke in the HN Club. The conference gave the floor to state secretaries of the Ministry of Environment and Ministry of Economy and the Mayor of Vysoké Tatry town.

J&T a Marián Gáborík uzavreli partnerstvo

Dramatic Growth of J&T BANKA Bratislava

J&T BANKA, a.s., Bratislava branch of the foreign bank, continued its dramatic growth in the last year with its balance increased by more than 89% from 7.178 at the end of 2006 to SKK 13.602 billion at the end of 2007. Profit after taxation grew in year-to-year terms from SKK 5.18 million to SKK 157.96 million .

J&T Cooperates with Ricardo Bofill

Ricardo Bofill, famed architect, is the author of PANORAMA CITY project. Peter Korbačka, chairman of board of directors in J&T REAL ESTATE, a.s. announced this on the occasion of revealing the cornerstone in the project.

J&T BANKA’s profit grows by more than 25 %

J&T BANKA, which will celebrate its 10th anniversary in the Czech banking market this year, achieved a total consolidated post-tax profit of CZK 218.3 million (growing by 25.7 % against last year). The bank’s balance sheet total grew by almost CZK 10 billion, achieving CZK 33.3 billion.