Thursday, 11 December 2025
Amalar Holding, which manages the joint assets of Renáta Kellnerová and her daughters, has announced its intention to transfer the registered office of PPF Group from the Netherlands to the Czech Republic. PPF Group is the main holding entity of the wider PPF investment group, active in 25 countries across multiple sectors. According to Amalar, the relocation process is expected to be completed in the first half of 2026, after which PPF Group will become a Czech tax resident.
PPF operates in Europe, Asia, North America and South Africa, with investments in telecommunications, media, financial services, real estate, e-commerce, biotechnology and engineering. At the end of last year, the group held assets valued at €41.722 billion (approximately CZK 1.024 trillion) and employed 45,000 people worldwide. In 2024, it reported a record net profit of €3.2 billion (CZK 78.7 billion).
The group’s majority owner was Petr Kellner, the Czech Republic’s wealthiest businessman, who died in a helicopter accident in March 2021.
Source: CTK
