From Mines to Wines
From Mines to Wines
Mar 4, 2012 6
(WSJ) - Zdenek Bakala's Odyssey Has Taken Him From Washing Dishes to Being the King of Czech Coal.Build it and they will come could be the motto of Czech-American investment banker Zdenek Bakala.
At the start of this winter, New World Resources PLC, the coal-mining company his investment firm BXR Group controls, broke ground on Central Europe's first new privately owned coal mine since before World War II.
NWR is investing more than €500 million in the Debiensko coking coal mine project in southern Poland, 40 kilometers from the Czech border, and has already received thousands of job applications; one bright spot in the weak European economy that has, in recent years, shown little success in job creation.
[BAKALA] Agence France-Presse
Zdenek Bakala or his firm have recently invested in a South African winery and Texas real estate.
"It's a very signific
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