He’s breathing new life into companies, and now he’s offering opportunities to investors. Experienced entrepreneur Strnad is launching a new fund.

Last year, Jaroslav Strnad’s CE Industries and Helicopter Alliance groups achieved an impressive operating profit before depreciation of 1.7 billion crowns. This confirms the success of the strategy to revive and develop industrial enterprises in various sectors, ranging from railways to the food industry. He is now setting up a new investment fund that will allow qualified investors to invest in projects alongside Jaroslav Strnad.

The Czech entrepreneur first made a significant mark on the domestic business scene as the founder of the technology and industrial group CSG, which, now under the leadership of his son Michal Strnad, has grown into one of the largest of its kind in Europe. “In building the holding company, Mr Strnad demonstrated an ability to see potential where others did not,” says Jiří Rabiec, CFO of CE Industries – another business group founded by Jaroslav Strnad – summing up the essence of the entrepreneur’s success.

It is precisely this skill, as described by Rabiec, that CE Industries now benefits from; the group has dozens of companies under its wing in sectors such as rail freight transport, recycling, energy, engineering and the food industry.

Business rescuers

Whatever the sector, the core philosophy of Strnad’s CE Industries group remains the same – the ability to get companies with promising potential back on their feet, even when they are going through a rough patch for various reasons. “Most of the time, their problems stem from either a lack of sufficient financial backing, poor management, or simply being caught up in the natural economic cycle,” explains Rabiec.

Before CE Industries proceeds with the actual ‘treatment’ of a company, there is a phase that Rabiec describes as crucial. The group carefully assesses the level of risk it is willing to take. And this is precisely where Strnad’s industrial holding company excels.

We helped the company get through a difficult period, kept production running, and, most importantly, saved thousands of jobs in the region.

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