City Tower, tallest building in Prague. ECM bought it unfinished in 1999 and sold it in 2009.
Company was founded in 1991 by Michal Janků,[1][2] he is now still its CEO and through ECM Group N.V. largest shareholder (77%) of the company.[3] 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[4] with price per stock 1,318 CZK (47 EUR), getting market capitalization 262.7 mil. EUR[5] 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[6] and to liquidation since July 2011.[4] In 2012 liquidation was changed to reorganization,[7] but reverted to liquidation in February 2013.[1]
Before its bankruptcy, ECM was involved in the development of V Tower in Prague.[8]
^"V Praze roste luxusní mrakodrap, byt v oblacích vyjde na sto milionů". Mladá fronta DNES (in Czech). iDnes. 9 September 2015. Retrieved 9 September 2015.
^ abcd(PDF). Archived from the original (PDF) on 2012-04-25. Retrieved 2011-10-28.
^(PDF). Archived from the original (PDF) on 2013-12-29. Retrieved 2013-03-22.
real, estate, investments, bankrupted, real, estate, developer, based, luxembourg, that, active, mostly, czech, republic, also, china, poland, russia, founded1998, headquartersluxembourg, city, luxembourg, city, tower, tallest, building, prague, bought, unfini. 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 ECM Real Estate InvestmentsFounded1998 HeadquartersLuxembourg City Luxembourg City Tower tallest building in Prague ECM bought it unfinished in 1999 and sold it in 2009 Company was founded in 1991 by Michal Janku 1 2 he is now still its CEO and through ECM Group N V largest shareholder 77 of the company 3 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 4 with price per stock 1 318 CZK 47 EUR getting market capitalization 262 7 mil EUR 5 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 6 and to liquidation since July 2011 4 In 2012 liquidation was changed to reorganization 7 but reverted to liquidation in February 2013 1 Before its bankruptcy ECM was involved in the development of V Tower in Prague 8 Financial data editFinancial Data in Euro Thousands Year end 2005 9 2006 9 2007 9 2008 9 2009 3 2010 3 2011 10 11 Total revenue 2 136 8 315 19 339 35 793 36 851 27 039 12 046Net income 20 710 18 955 25 564 92 107 60 820 95 598 63 848Total assets 65 000 228 407 562 966 677 924 341 690 156 209 105 964References edit a b Prague Monitor Prague court declares developer ECM bankrupt Gallistl Vladan 2011 06 10 ECM Group Milana Janku prodava akcie developerske ECM TYDEN cz in Czech Retrieved 2022 03 28 a b c ECM 2010 Annual Report permanent dead link a b Menzelova Katerina 2011 07 21 ECM heads for bankruptcy as int l investors fight move Lidovky cz Retrieved 2022 03 28 Byznys politika ekonomika finance udalosti E15 cz www e15 cz in Czech Retrieved 2022 03 28 Detail insolvencniho rizeni ECM REAL ESTATE INVESTMENTS A G https isir justice cz isir doc dokument PDF id 3960489 bare URL PDF V Praze roste luxusni mrakodrap byt v oblacich vyjde na sto milionu Mlada fronta DNES in Czech iDnes 9 September 2015 Retrieved 9 September 2015 a b c d ECM 2008 Annual Report PDF Archived from the original PDF on 2012 04 25 Retrieved 2011 10 28 ECM 2011 Annual Report PDF Archived from the original PDF on 2013 12 29 Retrieved 2013 03 22 ghemassageKLC Retrieved from https en wikipedia org w index php title ECM Real Estate Investments amp oldid 1175342623, wikipedia, wiki, book, books, library,
