Both the REDSTONE Group and Galerie Šantovka leave yet another successful year behind.

Despite the negative impact of the coronavirus pandemic, the REDSTONE development group has significantly strengthened its equity and its asset value in the year of 2020. In its hometown Olomouc, and in the city of Pardubice, the company is currently prepares projects in a total value of approximately CZK 25 billion. The year 2020 was even more challenging for Galerie Šantovka, which was struggling due to repeated lockdowns and the overall negative consequences of the anti-epidemiological measures.

Nevertheless, it still achieved a positive economic result and was able to use the difficult period for preparation of a number of projects that shall further increase the shopping and social centre’s attractiveness and strengthen its competitiveness in the retail market.