Changes in Penta’s top management

29. March 2013
Back

Martin Kúšik, partner and co-founder of Penta Investments Group, has decided to end his active participation in the operations of the group. He remains a co-owner of Penta as a Limited Partner.

In the last two years, Martin Kúšik has been responsible for Penta’s expansion in Germany. His roles will be taken-over by Penta’s Partner Marek Dospiva and its new Investment Director Thomas von Werner.

“On behalf of all partners, I would like to thank Martin for his contribution and long-term support.  Our investment strategy and territorial reach remain unchanged. As we have announced several months ago, Penta will concentrate on larger transactions with a longer investment horizon, mostly in Poland, Germany, Czech Republic and Slovakia,”said Jaroslav Haščák, Penta Investments’ Managing Partner.

“After almost twenty very dynamic and intense years, I have decided to enter a new phase in my life and change the balance between my working and private life. I see my participation in founding Penta as one of the best decisions in my life and I am grateful to have been part of the story of a company which started with five founders and is now among the biggest investment groups in the region,” said Martin Kúšik.

Martin Kúšik founded Penta together with Jaroslav Haščák, Marek Dospiva, Jozef Oravkin and Juraj Herko. He and Marek Dospiva started Penta’s Prague office in 2001 and built a strong investment team there. Martin Kúšik’s best known transaction was the SmVaK (water and sewage company in Ostrava), which ranks among the most successful projects of Penta. Starting in 2010 and following a redistribution of competencies among the partners, Martin focused on Penta’s expansion to the German market. In March 2013, Thomas von Werner was appointed the new Investment Director for Germany. He is currently building a new local investment team based in Munich.

More news
Slovakia returns to the ranks of aluminium producers. Slovalco resumes production

After more than three years, Slovakia is returning to the ranks of countries that produce primary aluminium. Slovalco, a joint venture of Hydro and Penta Investments, has begun the gradual...

Penta Real Estate, J&T and AKIPIA Join Forces to Develop a New €3.7 Billion District in Bubny

Penta Real Estate has acquired a 50% stake in HoldCo Bubny s.r.o., which owns key land plots in the Bubny-Zátory area. Penta Real Estate will become the lead developer of...

Dôvera and Union Health Insurance Companies Join Forces

Achmea B.V., the shareholder of Union, and Dôvera, a member of the Penta investment group, have signed a share purchase agreement under which Union Health Insurance Company will become part...

Penta Hospitals Enters the Estonian Market by Acquiring the Country’s Leading Senior Care Provider

The transaction marks the group’s entry into its fourth EU market and strengthens its position in long-term care, one of the key healthcare and social care challenges across Europe. Penta...

Privatbanka Becomes Penta Bank

Penta Investments is reinforcing its position in the financial services sector, which it sees as an attractive opportunity for further growth. A key milestone in this strategy is the transformation...

Penta Real Estate strengthens its holding structure. David Musil appointed CEO

Penta Real Estate, the real estate division of Penta Investments, is entering a new phase of development. Evolving from a regional developer with a dominant position in the Czech Republic...

Exceptional results reflecting a resilient portflolio

Penta reported a record net profit of €714 million for the financial year 2025, driven by profitable growth in all its key investments.

Fortuna Entertainment Group Expands into Lithuania with Acquisition of TOPsport

Fortuna Entertainment Group (FEG), the leading omni-channel gaming entertainment provider in Central and Eastern Europe, has signed an agreement to acquire a 70% stake in TOPsport, the market-leading online sports...