Komerční banka Buys ENVIROS, the Energy Advice Leader
Komerční banka has decided to expand its energy and environment consultancy activities and became the 100% owner of ENVIROS, a Czech company. Through this merger, KB will significantly boost its current project advice and financing know-how, focusing on energy, sustainability, and ESG.
ENVIROS is the most important local player amongst consultancies providing energy and environment advisory services, and also operates as an independent adviser on the financing of energy saving projects and RES projects for a number of major companies and institutions in the Central European market. The decision to acquire ENVIROS was therefore very logical. This acquisition will help Komerční banka to supplement and significantly support KB Advisory’s further development; in particular, it will make it possible for KB Advisory to reach much more extensive projects that require highly specific know-how.
Jaroslav Vích, ENVIROS owner and company director, notes: “I am very satisfied that we are opening a new stage in the development of our company through a strategic partnership with the Komerční banka Group. For quite some time, we were looking for a strategic partner who would provide us with (not only) financial stability, and help us to retain our excellent experts and also to recruit new reinforcements. Primarily, however, we have won a partner who will help us to grow our business and strengthen our market position in energy, sustainability, environment, and green investment financing consultancy. We already have gained extensive experience from cooperation with KB on ESG projects for its clients and look forward very much to our new joint projects and cooperation.”
KB Advisory is part of the Komerční banka Group and provides services to both private and public sectors. Through KB Advisory, the bank offers advisory services in energy, renewables, subsidies, and tendering processes. These include, for example, energy assessments and audits, initial analyses and solutions, and subsidised project preparation and administration.
ENVIROS Group is a leading energy and environment consultancy. For almost 30 years, it has been helping its clients to find solutions for sustainability and for climate and environmental protection in, for example, energy system optimisation, renewable and innovative energy sources, energy savings, waste minimisation, and circular and zero carbon economy. It has been active in the preparation and financing of green investments on a long-term basis. ENVIROS operates in the Czech Republic and Slovakia and other Central and Eastern European countries, and elsewhere in the world. Over the time of its existence, the company has successfully carried out more than 4,000 projects for almost 2,500 satisfied clients in more than 50 countries. The company has a multidisciplinary and multisectoral advisory team of highly skilled experts, who bring their extensive experience from legislation, strategy, politics, economy, financing, statistics, modelling, engineering and technology, and IT and digital transformation into ESG and green sustainable projects. ENVIROS works with a number of international and transnational institutional clients and partners, including the UN, the European Commission, OECD, EBRD, EIB, The World Bank, and UNDP. Foreign and Czech corporations and businesses, the State and the public sector, and municipalities are also its major clients. ENVIROS provides advice on technical, environmental, managerial and innovative technological solutions and strategies and their financing for your sustainable future. ENVIROS. Tomorrow’s World.