Tatra Works sold at 176 million crowns

Cheb – Kopřivnice Tatra was in Friday’s auction in Cheb sold for 176 million crowns. While the starting price was initially exceed 200 million.
Enterprise Development auctioned Truck company, whose sole owner is Mark Galvas, coupled with investment group J & T. It was a single tender, auction lasted a minute. Truck Development Company was established just last week.
Investment group denied that it would be the direct owner of the Tatras. “It’s not that Mr. Galvas buys Tatra for group J & T. The situation is more complicated, but we do not want to disclose the details,” said the online journal Aktuálně.cz J & T spokesman Petr Malek.
Resources to finance the acquisition of the rights to the group J & T. Galvas figured in some companies related with J & T, but not directly Málka the employee.
J & T before execution had pledged roughly 10 percent share Tatras and also bought some of its claims. “J & T Group financed the purchase of Tatra and will contribute to stabilizing the business. However, not the project itself, J & T, but the action of one of our clients,” explains itself Galvas.
The new owner wants to maintain production. “We expect that the company can take the next week and replace the current management,” said Galvas online diary Aktuálně.cz. Apparently does not use any members of the current management.
“We do not expect any layoffs and want to maintain production in the current range,” he added Galvas
TatraKoprivniceWorks
Cheb – Kopřivnice Tatra was in Friday’s auction in Cheb sold for 176 million crowns. While the starting price was initially exceed 200 million.
Enterprise Development auctioned Truck company, whose sole owner is Mark Galvas, coupled with investment group J & T. It was a single tender, auction lasted a minute. Truck Development Company was established just last week.
Investment group denied that it would be the direct owner of the Tatras. “It’s not that Mr. Galvas buys Tatra for group J & T. The situation is more complicated, but we do not want to disclose the details,” said the online journal Aktuálně.cz J & T spokesman Petr Malek.
Resources to finance the acquisition of the rights to the group J & T. Galvas figured in some companies related with J & T, but not directly Málka the employee.
J & T before execution had pledged roughly 10 percent share Tatras and also bought some of its claims. “J & T Group financed the purchase of Tatra and will contribute to stabilizing the business. However, not the project itself, J & T, but the action of one of our clients,” explains itself Galvas.
The new owner wants to maintain production. “We expect that the company can take the next week and replace the current management,” said Galvas online diary Aktuálně.cz. Apparently does not use any members of the current management.
“We do not expect any layoffs and want to maintain production in the current range,” he added Galvas