Matador has ambitious plans
“I want to build Matador into an investment holding focused on the automotive, food, and real estate sectors,” said the group's new CEO, Štefan Rosina. He wants to invest in real estate in Czechia, the United Arab Emirates, and other countries. In addition to food production lines, it also wants to produce foodstuffs such as snacks. The group's Slovak plants in Vráble and Nitra expect similar results this year as last year (gross profit of €15m and sales of €250m). Next year's results may be hit by the difficult situation in the European automotive industry. As one of the four suppliers, it is delivering a battery production line for the electric Porsche Cayenne in Horná Streda. If the results of Matador Tools in Dubnica do not improve, the group will sell it.
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