Fighter and billionaire: Tomáš Raška's Natland earns 313m crowns

Tomáš Raška, founder and owner of the investment group Natland, has closed out one of the most successful years in his holding’s history: profit for 2025 nearly doubled to reach 313 million crowns, and the group’s equity topped two billion crowns for the first time.

It’s Natland’s best result in seven years — profit grew by more than 90% year on year. The group’s assets rose 13% to nearly 3.7 billion crowns, and the value of the companies in which Natland holds a significant stake climbed to 6.15 billion crowns.

“2025 was above all about executing our long-term strategy. Our goal isn’t just to invest capital — we focus on actively managing the companies and projects in our portfolio, transforming them and growing their value,” said Raška, commenting on the results. He recently bought out his partners’ stakes and became Natland’s sole owner again, a move that firmly puts him among the ranks of Czech billionaires.

The group also continues to reduce its debt load — from 43% to 41%. “It’s a signal to the market that we take a conservative approach to borrowed funds, and it shows our ability to maintain a healthy capital structure,” noted Filip Rybka, who oversees finance at Natland.

The strong results were helped by the sale of the Energo Příbram heating plant to France’s Veolia, as well as the sale of the clothing brand Kara Trutnov to the billionaire-owned SPM group. Despite the successful year, Raška has no intention of slowing down. In the spring, he teamed up with prominent lawyer Jan Eisenreich to launch the platform Solvance Recovery Partners, which will handle distressed debt, corporate restructuring and crisis resolution.

Back in the fall, Raška, together with managers Jan Brázda and Bronislav Převratil, founded the company Revoltum, which plans to invest several hundred million crowns in renewable energy, energy storage, biogas and hydrogen across Central and Eastern Europe. Energy isn’t a new field for Natland: the group has previously built and sold the Energy21 solar power plant.

Raška hasn’t forgotten about housing projects either. Natland recently acquired a former dormitory in Prague’s Hostivař district, once home to workers from the Mitas factory — about fifty small apartments for young people are planned there over the next two years. In addition, the Stromovka development project in Kladno is already underway, which will add nearly 600 apartments.

Outside of business, Tomáš Raška is an avid kickboxer, enjoys Lego sets and Vespa scooters, and his group also invests heavily in the golf business in and around Prague — even though he isn’t a passionate golfer himself.