PPF
International investment group with interests in finance, telecom, media, and more.
Last updated August 31, 2026
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Overview
PPF Group is an international investment group headquartered in Prague, Czech Republic, founded by Petr Kellner in 1991. The group operates across Europe, Asia, and North America, with investments in banking and financial services, insurance, telecommunications, media, real estate, and agriculture. PPF is one of the largest investment groups in Central and Eastern Europe.
Products and positioning
International diversified investment group
Product categories. Financial services · Insurance · Telecommunications services · Media · Real estate · Investment ownership and asset management · Banking and consumer finance · Mobile and fixed telecommunications · Telecommunications infrastructure · Television and media · Biotechnology and life sciences · Energy and industrial investments
Recent events
- 2022
Renáta Kellnerová appoints Jiří Šmejc as PPF chief executive[1]
Leadership change
Jiří Šmejc assumed the chief executive role on 15 June 2022 after the ownership transition following Petr Kellner’s death.
- 2019
PPF becomes the largest shareholder in Autolus Therapeutics[1]
M&A
PPF acquired a 19.2% interest in the biopharmaceutical company, broadening its exposure to biotechnology.
- 2019
PPF agrees to acquire Central European Media Enterprises[1]
M&A · Other
PPF agreed with AT&T to acquire its stake in CME, a transaction connected to the group’s renewed expansion in Central European media.
- 2018
PPF agrees to acquire Telenor’s Southeast European operations[1]
M&A
PPF agreed to buy Telenor businesses in Bulgaria, Hungary, Montenegro and Serbia, expanding its regional telecommunications platform.
- 2015
PPF separates O2 and CETIN[1]
Other
The Czech telecommunications business was divided into a customer-facing service provider and a network-infrastructure company.
- 2014
PPF sells its stake in Energy and Industrial Holding[1]
M&A
The group sold its interest in the energy and industrial investment vehicle after increasing its holding in 2012.
- 2013
PPF acquires a controlling stake in Telefónica O2 Czech Republic[1]
M&A
PPF acquired 66% of the Czech telecommunications company, creating the basis for a major expansion in telecoms.
Sources6 sources
- 1Renáta Kellnerová任命Jiří Šmejc为PPF首席执行官en.wikipedia.org
- 2Broadcaster CME agrees to be acquired by Czech firm PPF in $2.1 bln dealfinancialpost.com
- 3Central European Media Enterprises to Be Acquired by PPFbenzinga.com
- 4CME agrees to be acquired by Czech firm PPF in $2.1 bln dealfinancialpost.com
- 5NBE-Therapeutics closes a $22M Series C financing roundbiospectrumindia.com
- 6Telenor owner acquires regional TV network for ⬠1.9 billionb92.net
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