Penta with lower profits

Czech investment fund Penta recorded net profits of €70 million in 2014, compared with €100 million a year before. The assets of the companies owned by the fund are valued at €6.7 billion, with Polish companies accounting for 20 percent of this amount. The fund' EBITDA stood at €368 million, whereas it amounted to €426 million in 2013.

In 2014, Penta invested €330 million in developing its existing portfolio and acquiring new projects, among others, Polish pharmacy network Apteka Mediq.

Currently, the fund is working on seven projects in Poland, including three WSE-listed firms.