US EditionPromet Rejected Tatra's Capital Increase for Billion-Dollar Investments | českénoviny.cz
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The minority shareholder of the Tatra Trucks car manufacturer, the Promet Group, blocked the increase in the company's registered capital at today's general meeting, which is key to the planned billion-dollar investments. This was stated in press statements by representatives of Tatra and its majority shareholder, the Czechoslovak Group (CSG). Promet Group said in a press release today that it rejected the increase in registered capital by 2.7 b…
Although the Ministry of Defense, led by Jana Černochová (ODS), has been trying to claim for a long time that it is not interested in the ownership relations within Tatra Trucks, it should start to reassess its position after Friday's general meeting. It was the billion-shilling military purchases of Kopřivnice trucks through a Prague intermediary and, moreover, without competition that were one of the detonators of Friday's general meeting of t…
The nearly eleven-hour-long general meeting on the first floor of Tatra's headquarters in Kopřivnice on Friday confirmed that long-term partnerships and friendships are rarely played for in business. The carmaker has been suffering from a shareholder rift for a year, when majority owner Michal Strnad attacked the group's co-owner and heiress...
Promet Group, which rejected the investment plan of the automaker Tatra Trucks, has lost confidence in Tatra's top management. The capital increase is key for the planned billion-dollar investments.
Kopřivnice (Novojičínsko) - The minority shareholder of the Tatra Trucks car manufacturer, the Promet group, blocked the increase in the company's registered capital at today's general meeting, which is key to the planned billion-dollar investments. This was stated in press statements by representatives of Tatra and its majority shareholder, the Czechoslovak Group (CSG). Promet Group stated in a press release today that it rejected the increase …
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