PPF Group disposes of minority stake in Škoda Group
PPF Group announces that it has sold a 10% stake in Škoda Group engineering company to an entity controlled by Michal Korecky. Michal Korecky is a member of Škoda Transportation’s Supervisory Board, as well as being a member of the supervisory boards of a number of other strategic companies of Škoda Group. Michal Korecky’s position will remain as a non-executive. As a minority shareholder he will provide Škoda Group with his rich experience and engineering expertise.