STV Invest to take indirect 17.5% stake in Tatra Trucks

Czech defence group STV Invest, owned by businessman Martin Drda, is buying half of Promet Tools (Promet Group), which holds 35% of truck maker Tatra Trucks in Kopřivnice, giving it an indirect 17.5% stake; NIKA Development of Michal Strnad's CSG group remains majority owner with 65%. The parties did not disclose a price (STV Group, 08.04.2025; E15, 08.04.2025). Update (06.10.2026): The European Commission cleared the acquisition of joint control of Tatra Trucks by NIKA Development, Promet Group and STV Invest, finding no competition concerns (case M.12172) — despite CSG owner Michal Strnad's displeasure at the rival's entry (European Commission, Daily News, 06.10.2026; Hospodářské noviny, 06.10.2026).