Leo Express discusses investment by strategic partner

Published: 28.04.2020 Related countries:  South Africa South Africa

Leo Express discusses investment by strategic partner

Leo Express is discussing an entrance of a strategic partner, who would allow its further growth. The information was provided to ČIANEWS by spokesman Emil Sedlařík. According to his words, the company is leading talks with many parties and it is not possible to comment on them. Czech Railways (ČD) spokesman Radek Joklík said that if ČD found an opportunity for a further development of its business or improvement and extension of its services, it would be interested in such an opportunity. This would not apply only to the railway transportation but also the segment of the bus transportation. He said that this could cover an expansion to foreign markets in the form of an acquisition or some other business opportunities in the Czech Republic.