Česká spořitelna (Czech Republic)

Keeping the streets can be costly for local authorities and most town planners would love to roll-out dirt free pavements across towns and cities. CS-Beton is doing exactly that. It is one of the biggest producers of concrete goods for pavements, roads, highways and airports and is the first company in Czech Republic to introduce a special spray - “Clean protect” to prevent dirt sticking to its concrete. And this is not just any type of concrete, this special concrete is highly resistant to frost as well as de-icing chemical agents. With its 160 employees, the company is currently developing some new concrete products providing completely new designs for bus stops, new solutions for road covers and large retaining walls with a view to continue growing the business across the Czech Republic and beyond.

Česká spořitelna is a commercial bank focused on retail clients, small and medium-sized enterprises, towns and municipalities. Česká spořitelna plays also indispensable role in the financing of large companies and corporations and in providing financial market services. Česká spořitelna, whose history reaches back to 1825, is a member of Erste Group, one of the largest providers of financial services in Central and Eastern Europe. In the Czech Republic, Česká spořitelna has the greatest number of clients and the most extensive network of branches and ATMs of all of the banks. With its 12 subsidiaries, it covers the entire range of client needs in banking and related financial services. Česká spořitelna ranks among leading securities dealers on the Czech capital market.

The CZK 20.700.000  (EUR 807.490 equivalent) investment loan granted by Česká spořitelna in the Czech Republic with a 50% EIF guarantee under the RSI allowed CS-Beton to start working on larger projects and gave them access to international markets. The RSI guarantee funded by the EU Commission perfectly complements the national research promotion schemes in the Czech Republic and helps the company to implement additional R&D projects and to achieve faster growth.

• Company: Beton, Czech Republic
• Type of business: Producer of goods for pavements, roads, highways and airports
• EU-supported loan through Česká spořitelna: CZK 20.700.000 CZK (EUR 807.490 equivalent)

For further information about EIF intermediaries in the Czech Republic, please refer to:
http://www.eif.org/what_we_do/where/cz