Cedok was bought by an American company

cedok logo The biggest Czech travel agency was sold by its owners to the investment group Odien. They want to invest hundreds of millions to the Czech Republic.

After 12 years Cedok changes its owner. The Unimex company sold 98 percent of Cedok to the American investment company Odien. The price is kept secret.

Because Cedok has moiety of exotic travel agency Eso Travel, the Americans have a half of this company now, too. The American holding Odien wants to invest into more travel agencies in the CR, as they expect the tourist trade to grow in Middle Europe.

Cedok is a company with long history and well-known name. It started in 1920 as a Czechoslovak tour and travel company, which mostly took customers to Adriatic sea. Its name was made famous during communism, as it had no competition as a state company.

Related Articles

Time Navigation