Penta Investments, the central European investment group, has announced consolidated results for the year 2010. According to the IFRS international standards the assets of the investment group reached EUR 3.4 billion, its own equity is calculated to be EUR 988 million, with a consolidated profit of almost EUR 50 million (49.7) after taxes. The consolidated revenues of Penta group reached EUR 2.1 billion.
In 2010 Penta closed 6 transactions, whereas in this year the group has already closed 4 transactions. The sale of Zabka and the acquisition of Dexia banka Slovensko ranking as the most important ones.
“We have closed rather untypical number of sales this year. I particularly appreciate that we were able to achieve a very significant exits in Poland, speaking about Zabka and Drumet. We took over Drumet from bankruptcy and we achieved a very successful turnaround and exit to the strategic investor. We have been working out various new acquisitions and I expect to close at least one or two new investments by the end of this year,” Jaroslav Haščák, managing partner of Penta group said.