PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

SGEF grew 25% in Q1 2015

The total acquisition price financed by Société Générale Equipment Finance Czech Republic (SGEF) grew 25% to CZK 2bn y/y in Q1 2015. The growth was driven primarily by transport (53%) and machinery and equipment (37%). The trading in printing, construction and high-tech segments is growing as well. SGEF’s general director Reinhold Knödl has stated in an interview for ČIANEWS that SGEF focuses in the high-tech segment on the financing of IT and medical technology. According to Mr. Knödl, financed value in this segment exceeded CZK 560m in 2014 and the segment accounts for 5% of SGEF’s portfolio.

Source: www.cianews.cz

 
 
 
 
Sign up for Prague’s hottest newsletters to stay up to date and know what’s going on in town! Prague Daily Monitor: Prague’s # 1 source for Czech news in English… delivered straight to your inbox daily. Sign up for free nowPrague.TV – Living Like a Local: 2x a week, our newsletter keeps you up to date with the HOTTEST and BEST news for Prague's Expats and English Language community. Exclusive price draws & Special partner offers for registered members. Sign up for free now!

 

Exchange rates