Penta invests EUR 3bn

Published: 25.04.2022 Related countries:  South Africa South Africa

Penta invests EUR 3bn, allocates EUR 3m for Ukraine

Penta Group closed 2021 with a net profit of EUR 570m. A year earlier, it was EUR 134m. Penta partner Marek Dospiva said that Dr.Max has been among the best performing companies for many years. The property development division and the banking sector also performed positively. The group invested a total of EUR 525m in the development of its companies and projects. It plans to spend around EUR 3bn in the next five years, in modernisation, development and/or acquisitions within existing investment projects. At the end of 2021, the Group employed more than 41,000 people. It paid a total of EUR 496m in taxes and levies. It has allocated more than EUR 3m for current assistance to Ukraine.