We are using cookies on our website to ensure that you will receive the best experience while using our website. These cookies might relate to your information, your preferences or your device. The information does however not usually directly identify you, but it could provide you with a more personalized and better web experience. Since we do respect your privacy, you can choose to not allow some type of cookies. For more information on the types of cookies and the possibility to change the default cookies setting, click on the heading of the individual types of cookies. Blocking some types of cookies may impact your user experience on our website. For further information on how we process your personal data (cookies) please click on the section "More information about cookies”.
It is necessary to create a cookie to remember the choices you have made within our cookie privacy menu as well. This is going to have a couple of consequences:
Strictly necessary (technical) cookies are necessary for the functioning of our website and can therefore not be switched off in our systems. These cookies do not [collect or] store any personal identifiable information. They are usually a response to your actions and related to a request for services such as setting your privacy preferences, logging in or filling in the forms.
These cookies allow us to count the visits and the traffic sources on our website so that we can measure and improve the performance of our website. The performance cookies are supposed to help us to understand which sections of our website are the most and least popular and show how visitors move around the website. All the information that these cookies collect are aggregated and therefore anonymous. If you prefer to not allow these cookies, we will not be aware of when you have visited our website and we will not be able to monitor the performance of the website.
Functional cookies enable the website to provide you with enhanced functionality and personalization. These cookies are set by external administrator - to protect user data from unauthorized access. If you do not allow these cookies, then some or all of these services may not function properly.
Heureka Group, Europe's largest price comparison website group, is offering investors an attractive option for earning interest on their free cash. Between the end of November and the start of December, it will increase its emission of its 5-year bonds by up to CZK 650 million, to an emission total of CZK 3.2 billion. The bonds, which have a nominal value of CZK 10,000 and a 2025 maturity date, have a coupon of 5.25 % p.a. They will be placed on the market via J&T Bank and PPF banka.
The decision to continue with bond emission is supported
by the exceptionally favourable situation on the e-commerce market. Aside from the constantly growing popularity of
on-line shopping, this year's e-commerce growth is also influenced by measures
related to the COVID-19 pandemic, restricting shopping in the traditional
retail segment.
Average monthly traffic on the Heureka Group's websites grew during the first half of this year by 10 %, and thus achieved the average annual growth rate of past years even before the start of the main season. What's more, an extensive survey of Heureka Group internet users that took place in April and August 2020 showed that the government measures will also have an impact on customers' shopping behaviour. More than half of first-time internet shoppers surveyed stated, among other things, that they are happy with the way e-commerce works and that they intend to continue to make on-line purchases.
The Heureka Group is taking advantage of this trend to boost its
activities. For example, it is working internally to integrate three platforms
into the international #oneplatform or to develop an integrated markeplace that
will allow e-shops to offer their products in all countries covered by the
Heureka Group with one click. Externally, Heureka is expanding the portfolio of
services it offers its partners through acquisitions, the most recent being the
purchase of a share in Testuj.to, a community testing platform for products and
services.
About the Heureka Group
The Heureka Group is owned by three investors: 40 % by the
PPF Group, 40 % by EC Investments a.s. owned by entrepreneurs Daniel
Křetínský, Patrik Tkáč, and Roman Korbačka, and 20 % by Jakub Havrlant's
Rockaway Group. Today, aside from the Czech and Slovak Heureka sites, the
Heureka Group also owns the Hungarian Árukereső.hu, the
Romanian Compari.ro, the Bulgarian Pazaruvaj.com, the Slovenian Ceneje.si,
the Croatian Jetfinije.hr,
the Servian Idealno.rs, and
the Bosnian Idealno.ba sites.
