{"id":41019,"date":"2026-03-31T08:42:06","date_gmt":"2026-03-31T08:42:06","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/41019\/"},"modified":"2026-03-31T08:42:06","modified_gmt":"2026-03-31T08:42:06","slug":"strnad-v-tichosti-vyplatil-slovenskeho-financnika-z-tatrovky","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/41019\/","title":{"rendered":"Strnad v tichosti vyplatil slovensk\u00e9ho finan\u010dn\u00edka z Tatrovky"},"content":{"rendered":"

Tatra Trucks m\u00e1 o jednoho nep\u0159\u00edm\u00e9ho akcion\u00e1\u0159e m\u00e9n\u011b. Ve v\u011bt\u0161inov\u00e9m akcion\u00e1\u0159i ikonick\u00e9 kop\u0159ivnick\u00e9 automobilky, spole\u010dnosti NIKA Development, nejbohat\u0161\u00ed \u010cech Michal Strnad dokoupil zhruba desetiprocentn\u00ed pod\u00edl od slovensk\u00e9ho podnikatele Viktora Jel\u00ednka. Transakce, kter\u00e1 se podle v\u00fdro\u010dn\u00ed zpr\u00e1vy Czechoslovak Group (CSG) uskute\u010dnila v \u0159\u00edjnu lo\u0148sk\u00e9ho roku, vy\u0161la na v\u00edce ne\u017e 600 milion\u016f korun.\u00a0<\/p>\n

Ned\u00e1vno zalistovan\u00e1 zbrojn\u00ed skupina Michala Strnada informaci potvrdila s t\u00edm, \u017ee transakce byla sou\u010d\u00e1st\u00ed \u0161ir\u0161\u00edho procesu zjednodu\u0161ov\u00e1n\u00ed vlastnick\u00e9 struktury a v\u00fdkupu minoritn\u00edch pod\u00edl\u016f v \u010dlensk\u00fdch spole\u010dnostech skupiny CSG v souvislosti s p\u0159\u00edpravou na vstup na burzu (IPO).\u00a0<\/p>\n

Transakc\u00ed bylo v\u00edc<\/p>\n

\u201eTento proces se net\u00fdkal pouze jedn\u00e9 spole\u010dnosti. V pr\u016fb\u011bhu roku jsme realizovali v\u00edce obdobn\u00fdch krok\u016f, kter\u00e9 nechceme konkretizovat, a detaily k jednotliv\u00fdm transakc\u00edm \u010di spole\u010dnostem nebudeme komentovat nad r\u00e1mec toho, co je komunikov\u00e1no investor\u016fm ve v\u00fdro\u010dn\u00ed zpr\u00e1v\u011b za rok 2025,\u201c sd\u011blil e15 tiskov\u00fd mluv\u010d\u00ed CSG Andrej \u010c\u00edrtek.\u00a0<\/p>\n

Viktor Jel\u00ednek je slovensk\u00fd podnikatel, kter\u00fd do Tatrovky investi\u010dn\u011b vstoupil v tichosti u\u017e v roce 2021. O jeho anga\u017em\u00e1 se ve\u0159ejnost dozv\u011bd\u011bla teprve na konci roku 2024, kdy\u017e o tomto zji\u0161t\u011bn\u00ed psaly Seznam Zpr\u00e1vy. Ty tak\u00e9 informovaly, \u017ee Jel\u00ednek m\u00e1 vazby na slovensk\u00e9 politiky. Investoval do firmy b\u00fdval\u00e9ho gener\u00e1ln\u00edho mana\u017eera slovensk\u00e9 strany Smer Viktora Strom\u010deka a podnikal s Miroslavem V\u00fdbohem, kter\u00e9ho slovensk\u00e1 m\u00e9dia nazvala \u201epokladn\u00edkem Smeru\u201c.\u00a0<\/p>\n

S\u00e1m Jel\u00ednek v odpov\u011bdi pro e15 potvrdil vyj\u00e1d\u0159en\u00ed CSG, \u017ee \u0161lo o \u00fapravu vlastnick\u00fdch pr\u00e1v p\u0159ed zalistov\u00e1n\u00edm firmy na amsterdamsk\u00e9 burze. \u201eZ m\u00e9 strany je to standardn\u00ed obchodn\u00ed rozhodnut\u00ed, na kter\u00e9m jsme se dohodli s majoritn\u00edm akcion\u00e1\u0159em,\u201c dodal.\u00a0<\/p>\n

P\u0159ed rokem pro Seznam Zpr\u00e1vy uvedl, \u017ee na konci \u0159\u00edjna 2021 investoval do Tatra Trucks jako nep\u0159\u00edm\u00fd minoritn\u00ed a pasivn\u00ed vlastn\u00edk a od t\u00e9 doby je jej\u00ed r\u016fst v d\u016fsledku situace ve sv\u011bt\u011b rychlej\u0161\u00ed, ne\u017e o\u010dek\u00e1val.\u00a0<\/p>\n

\"Akcie<\/a>Akcie CSG na amsterodamsk\u00e9 burze klesly kv\u016fli skand\u00e1l\u016fm na historick\u00e9 minimum<\/a><\/p>\n

\u201e\u0160lo o kapit\u00e1lov\u00fd vstup, kter\u00fd st\u00e1le dr\u017e\u00edme. Z pohledu valuace to bylo spr\u00e1vn\u00e9 rozhodnut\u00ed. Tuto pozici d\u00e1l pova\u017euji za smysluplnou,\u201c \u0159ekl loni v kv\u011btnu.\u00a0<\/p>\n

Zda dosud financuje jin\u00fd segment podnik\u00e1n\u00ed Michala Strnada, slovensk\u00fd podnikatel nekomentoval. V minulosti ale jeho firma, kter\u00e1 se v tomto p\u0159\u00edpad\u011b chov\u00e1 jako spr\u00e1vce aktiv sv\u00fdch klient\u016f, p\u016fj\u010dila nap\u0159\u00edklad leteck\u00e9 skupin\u011b Helicopter Alliance, kterou rozv\u00edj\u00ed otec Michala Strnada Jaroslav Strnad, tedy zakladatel CSG.\u00a0<\/p>\n

D\u00e1le se jeho firma Quantum Private Equity objevuje tak\u00e9 ve vlastnick\u00e9 struktu\u0159e BlackBird Investi\u010dn\u00ed Alfa, v n\u00ed\u017e je druh\u00fdm koncov\u00fdm akcion\u00e1\u0159em dlouholet\u00fd Strnad\u016fv souputn\u00edk Miroslav Dor\u0148\u00e1k. Ten byl do roku 2022 m\u00edstop\u0159edsedou p\u0159edstavenstva Strnadova zbroja\u0159sk\u00e9ho holdingu CSG a dodnes jeho firmy s\u00eddl\u00ed na stejn\u00e9 adrese jako CSG. Krom\u011b toho se objevuje v mnoha spole\u010dnostech, kde Strnad uplat\u0148uje sv\u016fj vliv, nap\u0159\u00edklad\u00a0ve spole\u010dnosti Solek<\/a>, kde CSG po \u00fapadku skupiny hraje kl\u00ed\u010dovou roli, proto\u017ee je nejv\u011bt\u0161\u00edm zaji\u0161t\u011bn\u00fdm v\u011b\u0159itelem.\u00a0<\/p>\n

\u00da\u010del spole\u010dnosti BlackBird Investi\u010dn\u00ed Alfa, kter\u00e1 spad\u00e1 do realitn\u00edho holdingu BlackBird Holding, nen\u00ed z\u0159ejm\u00fd. Z ve\u0159ejn\u00fdch z\u00e1pis\u016f v obchodn\u00edm rejst\u0159\u00edku pouze vypl\u00fdv\u00e1, \u017ee jej\u00edm hlavn\u00edm aktivem jsou zhruba stomilionov\u00e9 pohled\u00e1vky.\u00a0<\/p>\n

Spor v Tatrovce trv\u00e1<\/p>\n

Druhou rovinou transakce v NIKA Development je pozad\u00ed sou\u010dasn\u00e9ho vlastnick\u00e9ho boje o automobilku Tatra Trucks. U\u017e dva roky v n\u00ed prob\u00edhaj\u00ed t\u0159enice mezi majoritn\u00edm a minoritn\u00edm akcion\u00e1\u0159em, tedy skupinami CSG a\u00a0Promet Group<\/a>.\u00a0Prvn\u00ed jmenovan\u00e1 skupina dnes vlastn\u00ed zhruba dv\u011b t\u0159etiny spole\u010dnosti, p\u0159i\u010dem\u017e usiluje o jej\u00ed pln\u00e9 ovl\u00e1dnut\u00ed. Pozice obou stran jsou ale velmi vzd\u00e1len\u00e9 a samotn\u00ed akt\u00e9\u0159i neskr\u00fdvaj\u00ed vz\u00e1jemnou hlubokou ned\u016fv\u011bru. Posledn\u00ed jedn\u00e1n\u00ed skon\u010dilo ne\u00fasp\u011b\u0161n\u011b letos v lednu a od t\u00e9 doby je spor akcion\u00e1\u0159\u016f u ledu.\u00a0<\/p>\n

\u201eV tuto chv\u00edli jsou jedn\u00e1n\u00ed ohledn\u011b Tatra Trucks pozastavena. N\u00e1\u0161 n\u00e1vrh \u0159e\u0161en\u00ed byl v r\u00e1mci jedn\u00e1n\u00ed jasn\u011b vykomunikov\u00e1n, v\u010detn\u011b jeho variant,\u201c \u0159\u00edk\u00e1 stroze mluv\u010d\u00ed Promet Group Pavel Barv\u00edk s t\u00edm, \u017ee v\u00edce se k t\u00e9matu v tuto chv\u00edli nebude vyjad\u0159ovat.\u00a0<\/p>\n

Odpov\u011b\u010f CSG je podobn\u00e1: \u201eVe vztahu k Tat\u0159e plat\u00ed, jak je z m\u00e9di\u00ed dlouhodob\u011b zn\u00e1mo, \u017ee CSG m\u00e1 z\u00e1jem o z\u00edsk\u00e1n\u00ed stoprocentn\u00edho pod\u00edlu, tedy o odkup pod\u00edlu spole\u010dnosti Promet Group. Podrobnosti k p\u0159\u00edpadn\u00fdm jedn\u00e1n\u00edm ale nebudeme komentovat.\u201c\u00a0<\/p>\n

Reputa\u010dn\u00ed \u00fajma<\/p>\n

Akcie Czechoslovak Group v posledn\u00ed dob\u011b strm\u011b padaj\u00ed a prorazily hodnotu sv\u00e9 lednov\u00e9 upisovac\u00ed ceny 25 eur. V pond\u011bl\u00ed burza uzav\u0159ela obchodov\u00e1n\u00ed p\u0159i cen\u011b 23,40 eur za kus.\u00a0<\/p>\n

Zbroja\u0159sk\u00fd titul v posledn\u00edch t\u00fddnech utrp\u011bl hned n\u011bkolik reputa\u010dn\u00edch \u0161r\u00e1m\u016f, a\u0165 u\u017e v\u00fdzvou minoritn\u00edho akcion\u00e1\u0159e, dlouholet\u00e9ho mana\u017eera CSG Petra Kratochv\u00edla, k odkupu jeho pod\u00edlu za \u00fadajn\u011b po\u017eadovan\u00fdch 35 miliard korun, \u010di jen o n\u011bkolik dn\u016f d\u0159\u00edve zji\u0161t\u011bn\u00edm nizozemsk\u00fdch investigativc\u016f z port\u00e1lu Follow the Money. Ti uvedli, \u017ee \u0161pan\u011blsk\u00e1 dce\u0159in\u00e1 spole\u010dnost CSG byla loni za\u0159azena na \u010dernou listinu Agentury pro podporu a zad\u00e1v\u00e1n\u00ed ve\u0159ejn\u00fdch zak\u00e1zek NATO (NSPA).\u00a0<\/p>\n

Zm\u00ednku o v\u00fdznamn\u00e9m minorit\u00e1\u0159i \u010di probl\u00e9mech se \u0161pan\u011blsk\u00fdm byznysem p\u0159itom neobsahoval lednov\u00fd akciov\u00fd prospekt, podle kter\u00e9ho se investo\u0159i rozhodovali o potenci\u00e1ln\u00ed investici do zbroja\u0159sk\u00fdch akci\u00ed. Tent\u00fd\u017e dokument tak\u00e9 v\u00fdznamn\u011b podhodnotil v\u00fdrobn\u00ed kapacitu i sob\u011bsta\u010dnost sv\u00fdch nejv\u011bt\u0161\u00edch konkurent\u016f<\/a>,\u00a0se kter\u00fdmi se skupina v materi\u00e1lu srovn\u00e1vala.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Tatra Trucks m\u00e1 o jednoho nep\u0159\u00edm\u00e9ho akcion\u00e1\u0159e m\u00e9n\u011b. Ve v\u011bt\u0161inov\u00e9m akcion\u00e1\u0159i ikonick\u00e9 kop\u0159ivnick\u00e9 automobilky, spole\u010dnosti NIKA Development, nejbohat\u0161\u00ed…\n","protected":false},"author":2,"featured_media":21347,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[10511,67,68,1834,5241,16260,16261,1002,6769,2975,11590,7148],"class_list":{"0":"post-41019","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-byznys","8":"tag-automobilka","9":"tag-business","10":"tag-byznys","11":"tag-czechoslovak-group","12":"tag-michal-strnad","13":"tag-nika-development","14":"tag-promet-group","15":"tag-robert-fico","16":"tag-seznam-zpravy","17":"tag-smer-socialna-demokracia","18":"tag-tatra-trucks","19":"tag-transakce"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116322903262002623","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/41019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=41019"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/41019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/21347"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=41019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=41019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=41019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}