Terno: Increasingly modern retail
Sandberg is transforming a traditional Slovak retail chain into a modern retail player able to compete with foreign-based competition.
Good management makes our position stronger year after year.
Read moreTerno Real Estate has been expanding intensively for several years now. Terno opened a chain of 14 stores in the past two months, and is expected to grow by another five to six stores by the end of the year.
The international IT company Solitea is strengthening its position in the field of payment solutions. Solitea has purchased a share in the Slovak company Pay Solutions, which developed the on-line payment service Besteron. The transaction also includes the transfer of the activities of Slovak player Tapeon under Pay Solutions.
“Charlie Munger from Berkshire Hathaway has a famous quote, saying that a person who does not read has no advantage over someone who does not know how to read,” says Michal Rybovič from Sandberg Capital, who reads more than fifty books per year.
Sandberg Capital entered the Czech market in 2014. It was back then when the unknown Sandberg and Cígler Software announced they started building a new holding Solitea.
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The company continues to strengthen its position as a leading supplier of robust software packages for the state administration and major corporate customers.