Sev.en Global Investments Announces New Chief Operating Officer to Drive Further Growth and Efficiency

Press Release (Prague, Czech Republic, August 7. 2024)

Sev.en Global Investments, a leading Czech investment group committed to growth and expansion across diverse sectors and continents, is proud to announce the appointment of Michal Soukup as Chief Operating Officer (COO). This strategic organizational change seeks to further enhance the company’s operational excellence and effective oversight.

To support the company’s ambitious growth plans and ensure the effective management of all companies in the Sev.en Global Investments portfolio, a new senior position of Chief Operating Officer (COO) has been established. The goal is to maximize portfolio performance, eliminate risks, and capitalize on opportunities. In addition to thoroughly monitoring and advancing the strategic goals of each company, the new COO will also facilitate effective top-down and bottom-up communication.

Michal Soukup, the company’s new COO as of August 1st, brings strong experience and a deep understanding of the companies within group, as well as extensive international experience in corporate practices and management. In his new role, Michal Soukup will oversee governance, administration, human resources, communications, and technical asset management functions.

Commenting on the appointment, Alan Svoboda, CEO of Sev.en Global Investments, said: "We are confident that Michal's extensive knowledge and international experience will be instrumental in driving our portfolio's performance to new heights. His leadership will be crucial as we continue to expand into new sectors and regions."

About Sev.en Global Investments

Sev.en Global Investments is a Czech-based investment group investing across a range of sectors, particularly in power generation and mining of various natural resources. Sev.en GI operates on three continents – Europe, Australia, and North America, soon to be present also in Asia.

In Australia Sev.en's investment portfolio includes 1) Delta Electricity with the Vales Point Power Station and Chain Valley Colliery coal mine; 2) SO4 company - premium potash fertilizer producer and 3) Sev.en Royalties with mining rights in two regions.

In the United States, it is the owner of 1) met-coal mining company Blackhawk Mining with annual coal production of around 9 million tonnes, and 2) Golden Eagle Land Company holding mining rights to more than 2 billion tonnes of coal reserves.

In Europe Sev.en GI acquired 100% of InterGen´s gas-fired power generation businesses. The portfolio includes 4 gas-fired power plants Coryton, Spalding, Rocksavage, and Spalding Energy Expansion.

Sev.en Global Investments is part of the Sev.en Group whose beneficiary is Mr. Pavel Tykač, a prominent Czech entrepreneur and investor, ranked among the top 300 World´s wealthiest people by the Forbes Real Time Billionaires.

Media Contact:

Veronika Diamantová
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