Tomáš Laštovka named new Group CEO of Penta Real Estate

Effective from September 3, Tomáš Laštovka became the new Chief Executive Officer of Penta Real Estate group. In this brand new position inside the Penta Real Estate structure he will take responsibilty for all business activities of the group in Slovakia, the Czech Republic and Poland, and at the same time, he will also be responsible for any possible expansions to new markets.

„In the real estate sector, Penta is well-known for its strict emphasis on the quality of its projects. Moreover, its employees are not only true professionals. They also have a clear vision of the company’s development in terms of innovation, human resources, and project management. Therefore I could not turn down this offer,“ says Tomáš Laštovka, the new Group CEO of Penta Real Estate.

Tomáš Laštovka has already held several managerial positions in the real estate development sector. He was the executive director of PPF real estate division since 2009, responsible for all the real estate development projects of the group in the Russian Federation.

He studied Construction Economics and Management at Czech Technical University in Prague and completed his MPhil degree at the University of Cambridge. He is married with two children.

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Penta has reported a net profit of €483 million for the financial year 2022. The consistent profits generated allow the group to continue to invest significantly into its portfolio of companies with Capital Expenditures totalling €806 million during 2022. Currently the Group employs more than 40,000 people and paid a total of €607 million in income tax and other social contributions.

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Penta has sold a majority stake in the Empik Group

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Masaryk’s highest point cost 600 million

The reinforced concrete skeleton of the two buildings we are constructing at Masaryk Railway Station in the centre of Prague has reached its highest point. We first presented British architect Zaha Hadid’s multifunctional building project to the public six years ago, and the building itself began to grow along Na Florenci Street in March last year.

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