Early Life
Pavel Tykač was born on May 15, 1964, in Čelákovice, Czechoslovakia. He studied at the Czech Technical University in Prague, earning an engineering degree in 1987.
Rise to Success
Tykac's entrepreneurial journey began after the Velvet Revolution. He started by selling computer technology. In 1991, he co-founded Vikomt, a company that quickly became a major player in the computer technology market. He sold his share in Vikomt and acquired Regiobanka, which he later sold. Tykač also participated in the creation of Motoinvest, an investment group focused on privatization takeovers. He later entered the energy sector, investing in Czech Coal in 2006 and becoming its sole owner in 2010.
Key Business Strategies
Tykac's key business strategy involves identifying and investing in risky, high-return projects, particularly in the energy sector. He has expanded his business internationally, focusing on coal, energy, and real estate, with investments in the US, Australia, and Asia. His company, Sev.en Global Investments, has been growing, with a revenue of €1.85 billion in 2023.
Philanthropy
Pavel Tykač is significantly involved in philanthropy, supporting the North Bohemian and Pardubice Regions, as well as the Most Black Angels handball team and the neonatal department of the Most Hospital.
