The Office for the Protection of Competition in the Czech Republic has approved the merger of PPF Real Estate, a competitor, with Diplomat Prague RE and the company Hotels by HR Diplomat. 

From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. His responsibilities will include the strategic and operational management of the group's expansion projects. He has more than twenty years of experience in hotel sales, asset management, and business development.

Globe Trade Centre has announced that its Supervisory Board has appointed Botond Rencz as President of the Management Board (Chief Executive Officer), succeeding Małgorzata Czaplicka, who led the company during the bond refinancing process and will continue to provide advisory support to the Chairman of the Supervisory Board on strategic matters. The new CEO will focus on strengthening collaboration across GTC's regional teams, completing the company's planned refinancings and divestments, and driving execution of the new mid-term financial plan to ensure stability, efficiency and long-term value creation.