Overview of Penta
Penta Investments group and its co-owner Jaroslav Haščák have been associated with the Gorilla scandal, a corruption affair that erupted in Slovakia in 2012. The company has been denying the allegations and interpreted the “Gorilla” file as fabricated. In 2012, the Constitutional Court ruled that wiretapping of Slovak secret service was unlawful.
Penta’s rise is a fewtimes seen as exemplary for how Czechoslovakia’s Communist Nomenklatura and its offspring have been benefitting from the transition to Capitalism and their resulting grip on power in business and politics today. For several years Penta’s chief advisor was Alojz Lorenc,the former Head of the Communist Era Czechoslovak Secret Police (StB).
Penta has presented her work in regional, national, and international forums, including at the Natural Hazards Workshop in Colorado, at the Emergency Management Institute in Emmitsburg, Maryland, at the International Sociological Association’s World Congress of Sociology in Japan, and at the 4th International Conference on Urban Disaster Reduction in New Zealand.
Penta specializes in qualitative research and has participated in multiple quick response field research deployments, including to New York City following Superstorm Sandy, the Oklahoma City area following the May 2013 tornados, Florida leading up to Tropical Storm Erika, Nepal after the 2015 earthquake, and North Carolina following Hurricane Dorian in 2019.
Penta was a major antagonist in Slovakia’s so-called Gorilla scandal from 2011 to 2012. The scandal evolved around the publication of transcripts of conversations between high-level business, law enforcement and politics, pointing to dubious deal-making and reminding many of the highly corrupt 1990s.
PENTA supports projects along the Electronic Components & Systems (ECS) value chain, working with National Public Authorities to identify focus areas with common industrial and National interest.
Pentadecanoic acid was purchased from Alfa-Aesar (Heysham, Lancaster, United Kingdom); all other aliphatic alkanoic acids (C3 to C16) were purchased from Sigma-Aldrich (Dublin, Ireland).
PENTA was set up to meet the needs of Industry, covering all facets of development – and projects are welcomed from research (TRL 2) to pilot production or service launch (TRL8).
Penta is a Central Europe investment group founded in 1994 in Slovakia by Czech Marek Dospiva and Slovaks Jaroslav Haščák, Juraj Herko, Martin Kúšik and Jozef Oravkin.
PENTAM® is large-scale plastic products using dicyclopentadiene (DCPD from the C5 fraction) polymer processed using RIM (Reaction Injection Molding) equipment.
Following the announcement that Penta was going to take over SME, a leading Slovak daily, its publisher, editor-in-chief and 60 members of the editorial staff collectively announced their resignation citing the Gorilla scandal, concerns regarding journalistic freedom and the imminent loss of their readership’s trust. Editor-in-chief Matúš Kostolný said “Penta is trying to buy their reputation and I am not going to work for them.” SME ranks third amongst dailys in Slovakia in terms of circulation and runs the country’s third most-visited internet page.
In March 2006 Penta Investments Limited acquired MobilKom, a small telecommunication company with 10 employees. In the following months, MobilKom built wireless CDMA network in the Czech republic. Liabilities of MobilKom increased from CZK 4 million at the end of 2006 to CZK 2,116 million at the end of 2009, with China Development Bank among the largest creditors. In February 2011 Penta sold Mobilkom to the local wireless operator Divenno Holdings Limited.The company was not able to finance its mounting losses and in 2012 asked commercial court to allow restructuring.
Extensive support for this process is provided through events, tools and the PENTA team.It serves countries and organisations across the broad EUREKA network of countries.Through annual calls, PENTA seeks to help the formation of innovation “ecosystems” bringing together the best technologies in large enterprises, SME’s, RTO’s and Academia to form dynamic new teams that will extend the State of the Art with the potential of rapid subsequent commercial exploitation.
In recent years the group has succeeded in several major transactions, such as the sale of Zabka Polska, the business development and sale of TES Vsetín and restructuring of bankrupted steel wires manufacturer in Poland – Drumet. Recently, Penta has entered the new market Germany, through acquisition of traditional engineering company Gehring Technologies.
Watch the Tool Tutorial Video ?
Create mode – the default mode when you create a requisition and PunchOut to Bio-Rad.
Penta is the best account for everyday banking.Make it your primary account or use it alongside existing accounts.
History of Penta
In 1990, during their studies in Beijing, they founded a small textile importing company consisting only of two accountants and one secretary and began importing Chinese textiles to chain stores in Czechoslovakia.
In 1996, when the company’s net asset value was approximately 50 million Slovak crowns, Penta gained control over VÚB Kupón – the largest investment fund in Slovakia, with an asset value of 9 billion Slovak crowns.
In 1999, Penta was restructured into a holding with its mother company in Cyprus.
In 2001, Penta entered the Czech market with the development of its Dr.
In 2002, Juraj Herko left and Jozef Špirko joined as the fifth partner.
In 2005, Penta decided to diversify its portfolio.
In 2005, Penta has changed its structure to that of a standard private equity company and in the same year started investing also into real estate and expanding into other foreign markets beyond Slovakia and Czech Republic, primarily into Poland through the acquisition of Żabka, the country’s largest independent food retail chain with more than 2000 stores, which was completed in the summer of 2007.
in 2008 and a Ph.D.
In 2008 Penta made a major investment into the Hungarian meat industry.
In 2009, US government contracts accounted for $38.4 billion (85%), foreign government contracts for $5.8 billion (13%), and commercial and other contracts for $900 million (2%).
in 2010 from the University of Pennsylvania.
In 2010 Penta invested into the first real estate project in Prague – Florentinum.
In 2013 Penta completed its first real estate project in the Czech Republic – the Florentinum office building. The project includes 49,000 gross square meters of offices on 9 floors and 7,500 sq m of retail space.
In 2013, 78% of Lockheed Martin’s revenues came from military sales; it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon.
In 2014 five women were serving as lieutenant generals in the US Army.
In 2014 Penta inked a sales and purchase contract to dispose of its stake in PPC Investments, a.s., which is being purchased by a member of ISTROENERGO GROUP, a.s.
In 2014, Lande provided lead vocals for songs Lightbringer and Thornmail for the fictional League of Legends band, Pentakill (named after the rare occurrence of one player defeating all five of the enemy team in quick succession) taking the role of Karthus, a lich that serves as one of the playable characters in the game.
In 2014, Lande was hired by Riot Games to be the voice of the character Karthus, of the fictional heavy metal band Pentakill, (League of Legends) on their debut album Smite and Ignite, recording vocals for the songs “Lightbringer” and “Thornmail”. He was also hired to sing most of the songs (5 tracks) for their 2017 album Grasp of the Undying.
In 2015, a Pentagon consulting firm performed an audit on the Department of Defense’s budget.
In 2015, Jorn performed live with the fictional League of Legends band Pentakill in São Paulo, Brazil during the CBLOL (League of Legends Brazilian Championship) grand final.
In 2016, The Washington Post uncovered that rather than taking the advice of the auditing firm, senior defense officials suppressed and hid the report from the public to avoid political scrutiny.
In 2017, a new full length Jorn album with original songs was announced.