Helping a Czech concrete producer reinvent itself
Maintaining 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 the 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 new concrete products providing completely new designs for bus stops and new solutions for road surfaces and large retaining walls with a view to continuing to grow the business across the Czech Republic and beyond.
The CZK 20 700 000 (EUR 807 490 equivalent) investment loan granted by Česká spořitelna in the Czech Republic with a 50% EIF guarantee allowed CS-Beton to start working on larger projects and gave it access to international markets.
Česká spořitelna is a commercial bank focusing on retail clients, SMEs, towns and municipalities. It also finances large companies and corporations and provides financial market services. Česká spořitelna, whose history goes 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 the banks.