On Thursday, July 31, representatives of the Pardubice-based Retia and the Brno-based INTEQ Group signed a contract for the sale of ReDat Recording, which was a subsidiary closely associated with Retia. The new owner acquired a 100% stake in ReDat Recording under the contract; the price of the transaction will not be disclosed by agreement between the two parties.
ReDat Recording was acquired by INTEQ Group on July 31 of this year, and currently employs dozens of people. For many years, ReDat Recording operated as part of Retia, which is part of the CSG Aerospace division of the CSG group. ReDat Recording became an independent company last year. “ReDat has been a valid and profitable part of Retia and CSG Aerospace for many years. However, in recent years, the focus of our activities has shifted to areas that are only distantly or indirectly related to its sphere of activity, which is why we have decided to sell it. We want to focus on the main areas of our business, which are the development and production of technologies and systems for aviation and defense. Therefore, now is the right time for ReDat to transfer to a new owner who is closer to its focus in terms of industry, and at the same time we are sure that he will provide it with all the conditions for further development and support its economic and technological growth,” said Aleš Klepek, CEO of the CSG Aerospace division.
INTEQ Group deals with information technologies and services, its subsidiary is Intesys, which is a major supplier, especially in the areas of transport telematics, and newly also ReDat Recording, which thus suitably complements their product portfolio. “The purchase of a business share in ReDat Recording is fully in line with INTEQ Group’s long-term intention to strengthen its position, especially in the transport telematics segment, both in the field of railway and road projects. ReDat Recording’s product portfolio and segment focus will naturally complement INTEQ Group’s own portfolio. By including ReDat Recording in INTEQ Group, it will be possible to use a number of synergistic effects and cooperation on joint projects, especially in the railway sector,” explained Martin Kovařík, member of the INTEQ Group Board of Directors and CEO of Intesys.
The main product of ReDat Recording is the sophisticated ReDat system for recording voice, image and other relevant data, which is automatically analyzed so that it can be made available to workers in management processes in various fields in a clear and structured form. ReDat is used primarily in contact centers, various dispatch centers, banks, airports, air traffic control systems, mobile operators, in the management of railway transport routes by components of the integrated rescue system, etc. Its development at Retia began in 1995.
About INTEQ Group
INTEQ Group is a major supplier of technological and information systems, especially in the areas of transport and railway construction. The group offers its services mainly in the Czech Republic. As part of the guarantees provided to customers, the group complies with the requirements of local legislation and the requirements of an integrated management system in all aspects of its activities, according to the standards ISO 9001:2015 (Quality Management Systems – QMS), ISO 14001:2015 (Environmental Management Systems – EMS), ISO 45001:2018 (Occupational Health and Safety Management System – OHSMS) and ISO 27001:2022 (Information Security Management System – ISMS). The group’s most important products include the CODIS railway monitoring and diagnostic system and tunnel construction control and monitoring systems. As elements of critical infrastructure, these systems play a crucial role in ensuring the operability of railway lines and tunnel structures.
About CSG Group
The global industrial and technological group CSG is owned by Czech entrepreneur Michal Strnad. It supplies technologies worldwide that help ensure a safer and more stable future. It focuses on the development and production of strategically important products, systems and technologies in the fields of defense, aviation, automotive and other industries. With key production plants in the Czech Republic, Slovakia, Spain, Italy, India, Great Britain and the USA, CSG exports its products worldwide. The group constantly invests in the development of its companies and at the same time expands its main business activities. Its key companies include the Czech car manufacturer Tatra Trucks, the Slovak artillery ammunition manufacturer MSM Group, the American small-caliber ammunition manufacturer The Kinetic Group and the Czech radar manufacturer Eldis. The group focuses on the development and production of strategically important products, systems and technologies that are necessary for the defense of basic civilizational values. CSG employs over 14,000 people across its integrated and affiliated companies. CSG’s revenue, including The Kinetic Group for the full year 2024, reached EUR 5.2 billion. The Group’s consolidated revenue was EUR 4 billion.
Press service Czechoslovak Group a.s.
Andrej Čírtek
Press spokesman
mobile: +420 602494208
e-mail: andrej.cirtek@pppartners.cz
