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Company in the Czech Republic From Wikipedia, the free encyclopedia
J&T is a Central European investment group founded in 1993 in Slovakia.[2] It operates in the private equity and banking sectors, the largest portion of the value of its investments being in the Czech Republic and Slovakia. J&T invests mainly into the financial services, energy sector, real estate, health care, media and sports. Together with the Penta Group, it is the biggest investment group in Slovakia. In 2010, J&T Finance Group achieved a net profit of €85.0 million (down from €116.0 million in 2009) and total consolidated equity of €729 million. The group’s assets amounted to €3.8 billion and an additional €1.6 billion was managed through asset management services provided to the group’s clients, ranking J&T among the top financial investors in Central and Eastern Europe.
This article needs to be updated. (March 2016) |
Company type | Public Limited Company |
---|---|
Industry | private equity firm, banking |
Founded | Slovakia (1993) |
Headquarters | Bratislava, Prague, Nicosia |
Key people | Ivan Jakabovič, Peter Korbačka, Jozef Tkáč, Patrik Tkáč (alphabetical) |
EUR 82.0 mil (in 2010)[1] | |
Number of employees | 1,056 (in 2010) |
Website | www |
In the Czech Republic, J&T was the subject of the Tuscany Affair (Czech: Toskánská aféra).[3][4][5] The name of the company is derived from the family names of its two founders Ivan Jakabovič and Patrik Tkáč. President of the J&T Group is Jozef Tkáč.
J&T was founded in 1993 in Slovakia by Ivan Jakabovič and Patrik Tkáč, both former classmates. Their first major project was the development of luxury housing on Drotárska Street in Bratislava, Slovakia. An important milestone for the young company was the purchase of investment fund Creditanstalt IF in 1996.[6] Today, the company specializes in the Czech Republic and Slovakia, but the group also invests in the markets of Switzerland, Canada, Mexico and the Caribbean. In 2023, J&T decided to sell its Russian subsidiary J&T Bank AO to Bjurokrat holding controlled by Realist bank.[7]
J&T is a multinational holding with its parent company, Techno plus, headquartered in Slovakia. The core company of the holding is J&T Finance Group with base capital of 1 billion Slovak crowns.
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