PPF Group

The PPF Group is a leading privately-held financial group, focused on CEE, CIS and Far East markets. Established in 1991, the PPF Group now operates in consumer finance, retail banking, private equity investment and in real estate & development.

Through its stake in Generali PPF Holding the group participates in the insurance market and asset management services. The PPF Group also actively seeks investment opportunities and undertakes strategic investments in developing markets of the CEE and CIS regions. During its 19 years in business, the PPF Group has become an important international financial investor, managing assets of more than € 10 billion as at 30 June 2009. The PPF Group has its corporate ownership and decision-making structure based in the Netherlands. The group’s key holding company that makes strategic decisions regarding the entire group’s activities is the Amsterdam-based PPF Group N.V. The PPF Group operates in the Czech Republic, Slovakia, Russia, Ukraine, Kazakhstan, Belarus, Cyprus, Vietnam and China.

 

In 1996 the PPF Group acquired a minority stake in the Czech insurance company (Česká pojišťovna) as part of the Czech privatization process. Since then, the PPF Group has gradually acquired full control of the company and has successfully turned around the formerly state-owned insurer. In 2008 the PPF Group joined its insurance assets with Assicurazioni Generali, forming Generali PPF Holding.