Ivan Chrenko
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Ivan Chrenko
Ivan Chrenko (born 1967/68) is a Slovak billionaire businessman, the chairman and majority owner of the Slovak real estate development company HB Reavis. In March 2017, with an estimate net worth of US$1.1 billion, Chrenko became the first ever Slovak billionaire, according to ''Forbes''. Prior to Chrenko, Andrej Babiš became the first person of Slovak origin with a net worth above $1 billion, but he later became a citizen of the Czech Republic. Ivan Chrenko was the co-owner of HB Reavis together with Slovak multi-millionaire Viliam Pančík, and was its CEO from 1994 to October 2013. Life Ivan Chrenko was born in Šaľa, Czechoslovakia. He started his first business in the mid-1990s together with his partner Viliam Pančík, specializing in audio equipment and electrical engineering. They entered the company AB Reavis in 1994, one year after its foundation. AB Reavis was specialized in real estate development in Bratislava. In 2003, AB Reavis changed its name to MPT Immo. In ...
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Šaľa
Šaľa (; hu, Vágsellye, german: Schelle) is a town in south-western Slovakia. Geography The town is located on the Danubian Lowland, on both banks of the Váh River, around 65 km from Bratislava and 30 km from Nové Zámky. Except the town itself, it has also the borough of Veča on the left bank of the river and settlements of Hetméň and Kilič. The town lies in the warm climatic zone. History The town was first mentioned in 1002 in a document of Pannonhalma abbey. It was promoted in 1536 into a market town. It was also ruled by Ottomans between 1663 and 1686 as part of Uyvar Eyalet. The railway, built in 1850 between Vienna and Budapest speeded development. After 1918, the town became part of Czechoslovakia, however belonging for a short time between 1938 and 1945 again to Hungary before being returned to Czechoslovakia. Demographics According to the 2011 census, the town had 23.554 inhabitants. 69% of inhabitants were Slovaks, 12% Hungarians, and 19% other nat ...
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HB Reavis
HB Reavis is a real estate developer company active mainly in Slovakia, Poland, United Kingdom, Czech Republic, Hungary and Germany. The company is active both in development of new projects and asset management of existing portfolio. History HB Reavis was established in 1993 in Bratislava, Slovakia. The parent company of the group is based in Luxembourg. Slovak businessman Ivan Chrenko is majority owner, co-founder, chairman of the board and former CEO (1994-2013). Current CEO is Marian Herman, who replaced Pavel Trenka in 2018. In Germany, HB Reavis worked on the development of the ''DSTRCT'' project in Berlin at Landsberger Allee 104 opposite the Velodrom, which completed in 2021. It is part of the Alter Schlachthof development area and includes a renovation of the former pig slaughterhouses of the central cattle and slaughterhouse. In September 2019, HB Reavis announced that the Berlin internet service provider Strato would move its headquarters to the new building comple ...
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Billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American business magazine ''Forbes'' produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$ 9.1 trillion, up from in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as "half the human race". As of 2021, eight people have reached the status of USD hectobillionaires, meaning that each has had a net worth of at least $100 billion. Current U.S. dollar billionaires According to the ''UBS/PwC Billionaires Report ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Andrej Babiš
Andrej Babiš (; born 2 September 1954) is a Czech politician and businessman of Slovak descent who served as the Prime Minister of the Czech Republic from 2017 to 2021. Babis previously served as the Minister of Finance and deputy Prime Minister from 2014 to 2017 in Bohuslav Sobotka's Cabinet. He has been the founding leader of the political party ANO 2011 since 2012. On 30 October 2022, Babiš announced his candidacy in the 2023 Czech presidential election. During a lengthy business career, he became one of the richest people in the Czech Republic, with an estimated net worth of about $4.04 billion according to Bloomberg. He is the owner of the Agrofert holding company, one of the country's largest firms. Babiš was appointed Prime Minister on 6 December 2017, after ANO 2011 emerged as the largest party at the 2017 Czech legislative election. He was the oldest and wealthiest person ever to become Prime Minister of the Czech Republic, as well as the first from a different pa ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is the ...
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Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The Czech Republic has a hilly landscape that covers an area of with a mostly temperate continental and oceanic climate. The capital and largest city is Prague; other major cities and urban areas include Brno, Ostrava, Plzeň and Liberec. The Duchy of Bohemia was founded in the late 9th century under Great Moravia. It was formally recognized as an Imperial State of the Holy Roman Empire in 1002 and became a kingdom in 1198. Following the Battle of Mohács in 1526, the whole Crown of Bohemia was gradually integrated into the Habsburg monarchy. The Protestant Bohemian Revolt led to the Thirty Years' War. After the Battle of White Mountain, the Habsburgs consolidated their rule. With the dissolution of the Holy Empire in 1806, the Cro ...
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Czechoslovakia
, rue, Чеськословеньско, , yi, טשעכאסלאוואקיי, , common_name = Czechoslovakia , life_span = 1918–19391945–1992 , p1 = Austria-Hungary , image_p1 = , s1 = Czech Republic , flag_s1 = Flag of the Czech Republic.svg , s2 = Slovakia , flag_s2 = Flag of Slovakia.svg , image_flag = Flag of Czechoslovakia.svg , flag = Flag of Czechoslovakia , flag_type = Flag(1920–1992) , flag_border = Flag of Czechoslovakia , image_coat = Middle coat of arms of Czechoslovakia.svg , symbol_type = Middle coat of arms(1918–1938 and 1945–1961) , image_map = Czechoslovakia location map.svg , image_map_caption = Czechoslovakia during the interwar period and the Cold War , national_motto = , anthems = ...
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Electrical Engineering
Electrical engineering is an engineering discipline concerned with the study, design, and application of equipment, devices, and systems which use electricity, electronics, and electromagnetism. It emerged as an identifiable occupation in the latter half of the 19th century after commercialization of the electric telegraph, the telephone, and electrical power generation, distribution, and use. Electrical engineering is now divided into a wide range of different fields, including computer engineering, systems engineering, power engineering, telecommunications, radio-frequency engineering, signal processing, instrumentation, photovoltaic cells, electronics, and optics and photonics. Many of these disciplines overlap with other engineering branches, spanning a huge number of specializations including hardware engineering, power electronics, electromagnetics and waves, microwave engineering, nanotechnology, electrochemistry, renewable energies, mechatronics/control, and electrical m ...
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Bratislava
Bratislava (, also ; ; german: Preßburg/Pressburg ; hu, Pozsony) is the Capital city, capital and largest city of Slovakia. Officially, the population of the city is about 475,000; however, it is estimated to be more than 660,000 — approximately 140% of the official figures. Bratislava is in southwestern Slovakia at the foot of the Little Carpathians, occupying both banks of the River Danube and the left bank of the Morava (river), River Morava. Bordering Austria and Hungary, it is the only national capital that borders two sovereign states. The city's history has been influenced by people of many nations and religions, including Austrians, Bulgarians, Croats, Czechs, Germans, Hungarian people, Hungarians, Jews, Romani people, Romani, Serbs and Slovaks. It was the coronation site and legislative center and capital of the Kingdom of Hungary from 1536 to 1783; eleven King of Hungary, Hungarian kings and eight queens were crowned in St Martin's Cathedral, Bratislava, St Martin' ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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