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ECM Real Estate Investments
ECM Real Estate Investments A.G. is bankrupted real estate developer based in Luxembourg, that was active mostly in Czech Republic, but also in China, Poland or Russia. Company was founded in 1991 by Michal Janků, he is now still its CEO and through ECM Group N.V. largest shareholder (77%) of the company. Company owned inter alia two tallest buildings in the Czech Republic - City Tower and City Empiria. In 2006 company went on IPO on Prague Stock Exchange with price per stock 1,318 CZK (47 EUR), getting market capitalization 262.7 mil. EUR Stocks became part of PX Index and eventually reached price 2,000 CZK per share. Mainly as result of late-2000s financial crisis company went bankrupt in May 2011 and to liquidation since July 2011. In 2012 liquidation was changed to reorganization,https://isir.justice.cz/isir/doc/dokument.PDF?id=3960489 but reverted to liquidation in February 2013. Before its bankruptcy, ECM was involved in the development of V Tower V Tower is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Tower Praha 20080514
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Companies Of The Czech Republic
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from ''Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mladá Fronta DNES
''Mladá fronta Dnes'' (''Young Front Today''), also known as ''MF DNES'' or simply ''Dnes'' (''Today''), is a daily newspaper in the Czech Republic.The Czech media landscape - print media Its name could be translated into English as ''Youth Front Today''. As of 2016, it is the second largest Czech newspaper, after the Czech Tabloid (newspaper format), tabloid ''Blesk''. History and profile 
The paper was set up in 1945 under the name ''Mladá fronta'' as a daily newspaper for youth. During the era of socialism, ''Mladá fronta'' was the newspaper of the Social ...
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V Tower
V Tower is a high-rise building in Prague, Czech Republic. It is the tallest residential building in the Czech Republic with 104 meters in height and 30 floors. Construction started in 2016 and ended in 2018. It was designed by Czech architect Radan Hubička and the main investor was Aceur Investment. Location The building is located in an area above the Vltava river with views of the city centre, as well as the Prague Castle and the residential neighbourhoods Vysehrad and Vinohrady. The apartment complex is also to be situated close to a number of leisure facilities or schools. The site is approximately the same distance from the downtown shops on Parizska Street, and the State Opera, as it is to the Hodkovicky Golf Resort and the Velka Chuchle horse racing facility. Pankrác Plain is the only suitable location within the center of Prague which is suitable for the construction of high-rise flats. This was verified using a number of widely accepted architectural tests whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liquidation
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust") or voluntary (sometimes referred to as a ''shareholders' liquidation'', although some voluntary liquidations are controlled by the creditors). The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PX Index
The PX Index (until March 2006 the PX 50) is a capitalization-weighted index of major stocks that trade on the Prague Stock Exchange. Selected as the starting exchange day (a benchmark date) for the Index PX 50 was 5 April 1994 and its opening value was fixed at 1,000 points. At this time the index included 50 companies traded on the Prague Stock Exchange, accordingly named PX 50. In 2014 Prague Stock Exchange introduced total return index PX-TR, that share same base as PX Index, but unlike PX index take into account dividends. History PX-50 After an initial boom encouraged by voucher privatization (the top was in February 1994 retroactively calculated on 1245 points) the index started to decline fast, and ended the year 1994 with 557 points. In 1995 the decline continued (influenced by the Mexican crisis, that discouraged foreign investors from emerging markets) and the index reached its first bottom on 29 June with 387 points. Then the index increased slowly and ended the ye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prague Stock Exchange
Prague Stock Exchange (PSE; cs, Burza cenných papírů Praha (BCPP)) is the largest and oldest securities market organizer in the Czech Republic. After a 50-year hiatus brought about by World War II and the Communist regime, it was reopened in 1993. Thus PSE resumed the activities of the Prague Commodities and Stock Exchange founded in 1871. PSE was advised by a group of leading Central and Eastern European scholars including American financier, Raymond Staples. PSE is by law a joint-stock company A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders a .... Its largest shareholder is Wiener Börse AG, with a 99.54% ownership interest. The General Meeting of Shareholders is the supreme executive body, the Exchange Chamber is the statutory body managing the Stock Exchange’s operations, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Empiria
City Empiria (original name Motokov building), is a skyscraper in Prague. It is the third tallest building in the Czech Republic at 104 meters. The antenna reaches a height of 132 m. It was opened in 1977 as the headquarters of Czechoslovak trade company Motokov. In 2001 ECM Real Estate Investments ECM Real Estate Investments A.G. is bankrupted real estate developer based in Luxembourg, that was active mostly in Czech Republic, but also in China, Poland or Russia. Company was founded in 1991 by Michal Janků, he is now still its CEO and t ... bought the building, and reconstructed it in 2005. In 2010, the building was sold to Generali PPF Holding for CZK 1.8 billion. Gallery File:Anténa City Empiria.png, Details of Citi Empiria antenna File:Na Pankráci, City Empiria a Arkády Pankrác.jpg, Business center ''Arkády Pankrác'' and City Empiria References External links City Empiria on ECM website Buildings and structures in Prague Skyscraper office build ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Tower (Prague)
City Tower is the tallest skyscraper in Prague (Pankrác district) and in Bohemia, and the second List of tallest buildings in the Czech Republic, tallest one in the Czech Republic standing on the Pankrác Plain with a height of 109 meters. History Construction commenced in 1985 and the building was designated as the headquarters of Československý rozhlas (now Český rozhlas; a Czech Public broadcasting, public radio broadcaster). In 1993, the building was nearly completed, but appeared to be oversized for Český rozhlas (which split from Československý rozhlas after the Dissolution of Czechoslovakia), technically obsolete and full of dangerous asbestos. In later years Český rozhlas tried to sell the uncompleted building. In 1996, an agreement was signed with the company NIKO to sell the building for 1 billion CZK, but subsequently failed to pay the agreed amount. A similar scenario happened one year later with the Singaporean company Wells Holding and an agreed selling p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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