J&T Securities Management, a member of J&T Finance Group, has increased its stake in Tatry Mountain Resorts (TMR) by 4 percent since July. It now has a 15.6-percent share in TMR, valued at CZK 157m. Monika Veselá, the spokeswoman for J&T Bank, told ČTK that the company believes tourism will continue to develop in the Tatras, which is why it decided to increase its TMR holding. TMR operates ski resorts in Slovakia’s Tatras as well as Špindlerův Mlýn and Krkonoše in the Czech Republic. It also operates Aquapark Tatralandia. The company has maintained €43.2m in revenues for the first nine months of 2014. Operational profit dropped to €14.1m from €14.7m last year.
