Currently, the Group employs more than 60,000 people and paid a total of € 1 billion in income tax and other social contributions in 2025. This confirms Penta´s  position as one of the largest employers and taxpayers in the region.

“The last  years have been characterized by a high level of geo political challenges , such as wars in Ukraine and now in the Middle East. Despite this, our investment group has managed to achieve above‑average economic results during this period. The financial results achieved in 2025 underscore the strength of our diversified portfolio, with all key platforms delivering outstanding performance. We executed several important acquisitions, most notably in Penta Hospitals and Fortuna, and expanded Penta Real Estate into the London market.

We sincerely thank our investors for their trust and strong support. This is a very encouraging reflection of our reputation in two of Penta’s core markets—the Czech Republic and Slovakia. In parallel, we strengthened our leadership capabilities, particularly in Fortuna and Privatbanka, where newly appointed  CEO’s are critical assets in delivering our ambitious growth strategy,” says Iain Child, Managing Partner of Penta.  

The Dr. Max pharmacy chain was the largest contributor to profits in 2025, followed by Penta Hospitals International, Penta Real Estate, Primabanka, and Fortuna Entertainment Group.

Dr.Max is close to become leading European pharmacy chain (in terms of number of pharmacies) exceeding 3,200 shops operated under Dr.Max brand. In 2025, the Group continued strenghthening its leading position in all key markets and accelerated expansion in Serbia and Italy. Dr.Max Group has reached an important operational milestone in completing the vertical integration accross all countries with launch of Supply Chain in Serbia – now operating retail and wholesale in all markets where present.

In the Italian market, significant work has been carried out over the past year to create a functional, scalable platform. This included operating‑process development, wholesale optimization, e‑commerce growth, the integration of NeoApotek, and IT restructuring.

Penta Hospitals significantly expanded its portfolio in the Czech Republic by acquiring Group Mediterra and completing the SeneCura Group acquisition. In Poland, Penta Hospitals entered the elderly‑care sector and built the number‑one market position, managing more than 1,300 beds.

Fortuna Entertainment Group (FEG) delivered strong financial results and successfully reactivated its M&A strategy by acquiring the number two operator in Montenegro. Throughout 2025, FEG completed a substantial rebuild of its top management team — both at the holding level and across key local entities — significantly strengthening the organisation’s leadership capacity. In parallel, FEG continued to invest heavily in AI, proprietary technology, and frontend innovation, accelerating its digital transformation and bringing the share of online revenues close to 80%. Building on this momentum, the company is actively pursuing additional transactions to reinforce its market position in Europe while also evaluating highly attractive opportunities in Asia.

Penta Real Estate had a strong year, contributing significantly to the Group’s overall profitability and accounting for more than 8% of the Group’s equity. In residential development, Penta completed and handed over nearly 650 apartments to customers and advanced 10 projects under construction in the Czech Republic, two in Slovakia, and three in the United Kingdom. This currently represents the highest number of projects under construction simultaneously.

At the end of 2025, Penta announced its entry into the London real estate market. Through a 50:50 joint venture with Ballymore, more than 1,000 new homes will be delivered across three attractive residential projects in London, with a combined gross development value (GDV) of £1 billion.

As of year-end 2025, the Penta Real Estate Group reported net assets of €592.1 million, while the total value of its assets exceeded €2.1 billion, up 23.5% year-on-year from €1.7 billion in 2024.

Primabanka delivered outstanding results, benefiting from growing net interest income driven by the repricing of its mortgage portfolio and a rebound in mortgage lending reflecting renewed housing‑market activity. New mortgage volumes returned to long‑term averages despite housing affordability remaining constrained. Neither elevated interest rates nor weaker household income growth materially affected loan quality, and non‑performing loan ratios remained low across all categories. The bank also improved its liquidity position through a successful term‑deposit campaign, allowing for further balance‑sheet expansion in the coming years. An investment‑grade rating issued by Moody’s confirms the bank’s stability, credibility, and resilience.

Privatbanka recorded a record year in 2025, exceeding demanding business targets. Both the private‑banking and affluent‑retail networks placed nearly €500 million of Penta Group debt securities with clients and, in addition, successfully placed another €189 million of Penta Funds equity instruments. With reinforced management teams and new leadership, the bank is pursuing a strategic shift toward operational modernization, enhanced market positioning, refreshed customer proposition, and expansion into new markets.

The Dôvera health insurance company, alongside its mandated care, offers enhanced services to its partners—healthcare providers as well as insured patients—ensuring top‑quality healthcare and accessibility. It provides a range of unique programs centered on prevention, chronic conditions, and mental health, helping customers manage their health more effectively. As a result, this strategy has led to an increase in its client base at the expense of competing providers.

Penta’s portfolio of media companies in the Czech Republic and Slovakia achieved EBITDA of more than €20 million, despite a particularly weak advertising market in Slovakia. The flagship Czech product, Deník, has become one of the most visited local online platforms.