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KKCG
KKCG is a Swiss investment company headquartered in Lucerne that was founded in Prague by Czech entrepreneur Karel Komárek. It holds investments in companies in 36 countries in four industry sectors: lottery and gaming, energy, information technology, and real estate. , KKCG had invested in companies that had in total 9,000 employees worldwide and managed assets worth more than €9 billion.KKCG a.s. Praha IČO: 27107744' (in Czech) at Finance.cz. Accessed on April 10, 2023. History Energy In 1992, Karel Komárek received a loan from his father, which allowed him to invest in M.O.S. Hodonín, a company which specialises in industrial fittings. One of his subsequent investments was into the energy company Moravské naftové doly (Moravian Oil Mines), based in his hometown, Hodonín. As of 2023, Moravské naftové doly is one of the largest energy corporations in the Czech Republic. It also operates in Slovakia, Germany, the Netherlands, Austria, France, Hungary, Ukraine ...
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Karel Komárek
Karel Komárek (born 15 March 1969) is a Czech businessman worth $9.4 billion as of March 2024. He is one of the wealthiest Czech citizens and the founder of the investment company KKCG. Personal life Komárek was born in Hodonín, Czech Republic, on 15 March 1969. He graduated in engineering and then worked briefly at Sigma Hodonín. Komárek married Štěpánka Komárková in 2015, his second marriage. He has four children, and resides in Verbier, Switzerland. Business career In 1992, Komárek founded the industrial valves wholesale company M.O.S. Hodonín with a start-up capital of CZK 300,000 borrowed from his father.Andrea Hodoschek: Kampf um die Casinos: Showdown der Milliardäre. In: Kurier, p. 8. 1. December 2019. In 1995 Komárek founded the internationally active investment company KKCG. In 1996, his company M.O.S. Hodonín changed its name to MOS Hodonín Morovia Systems and developed into a technology supplier for the Mining, mining industry, allowing Komárek to en ...
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MND (company)
Moravské naftové doly (MND) is a Czech oil and natural gas, gas producing company based in Hodonín, Czech Republic, producing of oil and 250,000 m3 of gas per day. With gas storage facilities of 180 million m3, MND is an important player on European gas market. MND has also a retail and trading unit. KKCG company is the sole shareholder. The company also operates many assets overseas, for example gas and oil fields in Georgia (country), Georgia or gas storages in Germany. In September 2007, MND signed a contract with Regal Petroleum to buy a 50% stake in a major Ukraine, Ukrainian gas field for US$330 million. See also * Energy in the Czech Republic References External links Official site
Oil and gas companies of the Czech Republic Czech brands 1913 establishments in Austria-Hungary Czech companies established in 2002 {{CzechRepublic-company-stub ...
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Aktiengesellschaft
(; abbreviated AG ) is a German language, German word for a corporation limited by Share (finance), share ownership (i.e., one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni'') and South Tyrol for companies incorporated there. In the United Kingdom, the equivalent term is public limited company, and in the United States, while the terms "Incorporation (business), incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company". Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting part or shares, share, and ''Gesellschaft'', meaning company or society. English translations include ''share company'', or ''company limited by shares'', or joint-stock company. In German, ...
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Institute, West Virginia
Institute is an Unincorporated area, unincorporated community on the Kanawha River in Kanawha County, West Virginia, Kanawha County, West Virginia, United States. Interstate 64 in West Virginia, Interstate 64 and West Virginia Route 25 pass by the community, which has grown to intermingle with nearby Dunbar, West Virginia, Dunbar. As of 2018, the community had a population of 1,489, 54% of whom were African American. The town was founded by a formerly enslaved woman, Mary Barnes. Institute is home to West Virginia State University (formerly the ''West Virginia Colored Institute'' and the source of the town's toponym) and the West Virginia State Police Academy. Its economy includes several major industrial plants, which have had a number of environmental incidents polluting the local community. Industry In August 2008 a chemical plant explosion here killed two and injured eight at the Bayer CropScience facility. History Prehistoric community The community is the location of ...
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Casinos Austria
Casinos Austria Aktiengesellschaft, AG, formed in 1967 and based in Austria, is a Gambling, gaming corporation that owns and operates casinos around the globe. It is one of the largest casino operators in the world. Casinos Austria together with its partners operate in about 40 land-based casinos in 16 countries, 8 shipboard casinos, 15 slot parlors, a range of lottery products in Argentina, and one online gambling platform. Together, the Casinos Austria International (CAI) group’s gaming entertainment operations feature over 750 gaming tables and 7,600 gambling machines. The headquarters of the company was located in the Palais Ephrussi in Vienna from 1969 to 2009. It is now located at Rennweg 44 in the Landstraße, 3rd district of Vienna. Casinos Austria *Casino Baden *Casino Bad Gastein *Casino Bregenz *Casino Graz *Casino Innsbruck *Casino Kitzbühel *Casino Kleinwalsertal *Casino Linz *Casino Salzburg (at Schloss Klessheim) *Casino Seefeld *Casino Velden *Casino Wien *Ca ...
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OPAP
OPAP – Greek Organisation of Football Prognostics S.A. () is a Greek company organizing and conducting games of chance. It is headquartered in Athens and for many years OPAP was a state-owned gambling monopoly. The company holds the exclusive rights to organize and manage numerical lotteries and sports betting in Greece. In 2013 the privatization of the company was completed through the sale of the State's remaining 33% stake to the Emma Capital, Emma Delta investment scheme. History In the 1950s, an effort to upgrade Greek sport and improve its infrastructure began. In this framework, the General Secretariat for Sports (Greek: :el:Γενική Γραμματεία Αθλητισμού, Γ.Γ.Α) was established in 1957. In order to secure funding, the idea to utilize revenue from football prognostics - following the example of other European countries - came to fruition. With this aim, OPAP was established in 1958 as a :el:Νομικό πρόσωπο, private legal entity und ...
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Der Standard
''Der Standard'' () is an Austrian daily newspaper published in Vienna. It is considered a newspaper of record for Austria. History and profile ''Der Standard'' was founded by Oscar Bronner as a financial newspaper and published its first edition on 19 October 1988. German media company Axel Springer SE, Axel Springer acquired a stake in the paper in 1988 and sold it in 1995. Bronner remains the paper's publisher, Gerold Riedmann is editor-in-chief. ''Der Standard'' sees itself as—in a Continental European sense (socially and culturally, but not economically)—Liberalism, liberal and independent. Third parties have described the paper as having a left-liberal stance. Until 2007, the editor-in-chief of the daily was Gerfried Sperl, Alexandra Föderl-Schmid succeeded him in the post. In 2002 the paper was one of four quality daily newspapers with nationwide distribution along with ''Salzburger Nachrichten'', ''Die Presse'', and ''Wiener Zeitung''. Although ''Der Standard'' is i ...
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Deník
''Deník'' is a regional daily newspaper in the Czech Republic. History Originally owned by German publishing company Verlagsgruppe Passau (VGP), ''Deník'' has been owned by Penta Investments since 2015. VGP has a monopoly on the Czech regional press. In September 2006, regional newspapers across the Czech Republic were rebranded to ''Deník'' with a regional adjective appended, including ''Pražský deník'' (). Apart from the Prague-based version, further 72 regional newspapers were branded as part of this launch. The 2007 circulation of the paper was 328,319 copies, making it the second most read paper in the country. The circulation of ''Deník'' was 295,307 copies in 2008 and 247,987 copies in 2009. It was 224,122 copies in 2010 and 204,084 copies in 2011. See also * List of newspapers in the Czech Republic In 1995 there were eight national newspapers in the Czech Republic and their total circulation was about 1.8 million copies. The number of daily newspapers was 96 in ...
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Prague Stock Exchange
Prague Stock Exchange (PSE; ) is the largest and oldest securities market organizer in the Czech Republic. It is a 99.54 percent-owned subsidiary of Wiener Börse AG. PSE and its subsidiaries comprise the PX group. In addition to the Stock Exchange, the most important members in the group are Power Exchange Central Europe, a.s. (PXE) and Central Securities Depository Prague (CSD Prague). Overview The Prague Stock Exchange, initially opened in 1871, closed during the Communist period and the current entity opened in 1993. PSE was advised by a group of leading Central and Eastern European scholars including American financier, Raymond Staples. PSE is by law a joint-stock company. The General Meeting of Shareholders is the supreme executive body, the Exchange Chamber is the statutory body managing the Stock Exchange's operations, and the supervisory board oversees its operations and overall functioning. The company is managed by the chief executive officer, who is appointed and ...
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Lottomatica
International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a multinational gambling company that produces slot machines and other gambling technology. The company is headquartered in London, with offices in Rome, Providence, Rhode Island, and Las Vegas. It is controlled, with a 42 percent stake, by De Agostini, which had acquired a majority stake in Lottomatica in 2002. The company began in Italy as Lottomatica. It acquired Gtech Corporation in 2006, with its long history of scandals, and then changed its own name to Gtech in 2013. In 2015, the company acquired American gambling company International Game Technology and again adopted the acquired company's name as its own. In 2025, the company is poised to spin-off its gaming division for a merger with Everi, with the new gaming entity to be majority-acquired by Apollo Global Management, while De Agostini Group retains a minority stake in the new company, which will also acquire the International ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.' Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "''co-venturers''". A joint venture can take the form of a business. It can also take the form of a project or asset JV, created for the purpose of pursuing one specific project, ...
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