The JRD Group, which operates in a number of sustainable industries, covers five divisions under its brand (JRD Development, JRD Plazma, JRD Energo, JRD Land and JRD Invest). The dominant position is occupied by JRD Development, which last year sold 157 apartments, 5 commercial premises and 11 plots of land worth CZK 1.054 billion. The energy divisions also developed successfully: JRD Energo (with total revenues of CZK 308 million) increased the installed capacity of its photovoltaic power plants in Hungary from 12 to 30 MWp and JRD Plazma put into operation a new prototype reactor for plasma gasification. The JRD Land division significantly strengthened (with total sales of CZK 143.5 million), which plans to hand over building plots worth CZK 3.2 billion to JRD Development by 2025 for the construction of projects worth a total of CZK 20 billion.
“In Europe, there is a growing interest in sustainable construction, clean energy production, the development of modern technologies and environmentally friendly waste treatment. In addition, a significant trend of investors in socially responsible (so-called ESG) investing is becoming a new trend. Thus, the sectors that cover the individual divisions of the JRD Group come to the fore. Despite obstacles on our way, such as slow construction permits or rising prices for materials and works, we believe that their development and support make sense. The good economic results we achieved last year are only the basis that will help us continue to grow and contribute to environmental protection, greater energy self-sufficiency and the development of a sustainable society,” says Jan Řežáb, owner and founder of the JRD Group.
JRD Development: construction of healthy and ecological housing:
The portfolio of the JRD Development division currently consists of 5 residential projects (Green Port Strašnice, Michelangelo’s Residence, Bohdalecké Quartet, Císařská vinice and Vital Kamýk) with a total of 532 apartments and 7 villas. These are complemented by Rezidence Silver Port with 70 apartments, which the developer sells for the investor Rezidence Na Palouku, and the administrative building Viadukt Anděl. “We are currently preparing many more healthy and green housing projects (eg in Prague 4, 5, 7, 9, 12 or 15): in total, there are approximately 1,500 flats in production and construction. We also deal with large-scale acquisitions of building plots and larger territorial units. Last year, we contracted 10 hectares of land, which includes an area of 4.7 hectares, where we plan to implement a residential area with about 1,300 apartments in the future. This year, we are going to buy up to 11.5 ha of land with a total value of CZK 4.5 billion. In addition, we plan to enter the mountain recreational real estate segment, expand outside the Prague market and achieve a total turnover of CZK 3 billion in the coming years,” Jan Řežáb calculates.
JRD Plasma: efficient and environmentally friendly waste treatment:
JRD Plasma is represented by Millenium Technologies, which focuses on plasma gasification and waste vitrification. The product of this efficient, environmentally friendly and completely safe process is synthesis gas and glassy slag, which are secondarily usable as an energy source or building material, respectively. The company operates a science and technology park in Dubá, where it recently introduced a third-generation (R3) plasma reactor into the real operational testing phase. This phase verifies all the technical parameters, live operation and details needed to finalize the fourth generation (R4) reactor, which is already on the market. “Last year, we completed the construction of a hall for the new R4 reactor, the size of which already fully corresponds to the expected commercial product. We also defended a grant from the Ministry of Industry and Trade for the design and production of a Microplasma mobile unit, for which we can perform material tests. This year we will complete the R4 reactor, where we will then start testing and simulating the operation: we will use the knowledge to “fine-tune” it before launch. This technology is a modern and necessary alternative to conventional waste management methods, which are growing every year. for example, dispose of hazardous industrial and hospital waste, fly ash or sewage sludge,” says Miroslav Trybuček, CEO of Millennium Technologies.
JRD Energo: modern energy projects and sustainable solutions for apartment buildings:
The JRD Energo division, which primarily deals with the preparation, implementation and operation of modern energy-efficient projects, recorded total revenues of CZK 308 million last year. Its most significant projects included the commissioning of two 18 MWp photovoltaic parks near Komló and Mánfa in southern Hungary, increasing the installed capacity of its local photovoltaic power plants from 12 to 30 MWp. JRD Energo also manages, for example, the second largest Czech wind farm in Václavice in the Liberec Region with an installed capacity of 26 MWp, producing up to 69,000 MWh of electricity per year. This year, it plans to increase its sales by 35% and thus exceed CZK 400 million.
JRD Land: portfolio of land for environmentally friendly construction:
The JRD Land division operates for the needs of the JRD Group and private or institutional clients. Its main goals include the appreciation of invested land or the acquisition of new land for future sustainable development. Last year, the division significantly strengthened its personnel and is now developing land with a market value of approximately CZK 700 million and is acquiring additional territory. Its goal is to hand over building plots worth CZK 3.2 billion for the construction of projects with a total value of up to CZK 20 billion within three years.
JRD Invest: investment in environmentally friendly real estate:
The JRD Invest division is a new division of the JRD Group, which is dedicated to the acquisition and management of revenue real estate in cooperation with private and institutional investors. Its portfolio consists mainly of rental housing properties carried out by JRD Development, and partly also of office and retail space. The goal of this division is to manage a real estate portfolio with a market value of CZK 5 billion by 2030.
