During this period our company achieved unprecedented success both in construction and in property development activities. We completed the Šestka shopping centre in Prague, we started cooperating with the municipality of Olomouc on building the city Aquapark and in Ostrava we were working on FORUM Nová Karolina, a shopping centre.
We were given the highest possible award in the Czech Republic - the Building of the Year 2010 for the investment project for the renewal of the area of the former Spartakiad stadium in Olomouc, where we built the Omega Sports and Health Centre and the NH Olomouc Congress hotel, including the infrastructure.
How we fared
During the last four years, the construction operations grew by 300%, leading to a record high annual turnover in 2007 amounting to CZK 3.7 billion. The same year, the company invested in its technical and administrative facilities (the size of the investment exceeding CZK 150 million).
Record high turnover in millions of Czech crowns in 2007.
The figures are in millions of crowns
In 2009 – 2010 we completed our first buildings in Slovakia. In Ostrava in one of the largest urban localities in the Czech Republic – Nová Karolina – we worked on a shopping centre with 220 shops, which was followed in the next period by implementing two property development projects: a residential complex of 242 apartments and premium office buildings with 30,000 m2 of office area. Another of the company’s own property development projects is the successful project of the Omega Sports and Health Centre, the NH Olomouc Congress hotel and the Technology Park in Olomouc Hněvotín.
In 2007 we started cooperating with the municipality of Olomouc on the project of building a city Aquapark. Other property development activities carried out at this time include the OMEGA Sports and Health Centre in Olomouc, the NH Olomouc Congress hotel, the Technology Park in Hněvotín and the execution of the second stage of the HANÁ shopping and entertainment park. As for other building activities, we may mention the residential complex at Okružní in Olomouc and the large residential complex at Slunečný vršek in Prague.
Evolution of the team
In 2006 the company management intervened in the organisational structure, whereby six new sections were established, headed by their respective directors: the economic section, the business section, the production section, the legal and HR section, section of property development projects and the controlling and IT section.
In the same year, the company upgraded its technical facilities by building its Logistics Centre in Hněvotín (an investment of over CZK 150 million) and it significantly expanded its machinery fleet. In 2008 the company enhanced its administrative facilities by expanding the existing administrative building on Dlouhá street in Olomouc.
This chart shows the evolution of the number of employees.
At the end of the year 2010 the company employed 479 workers.
In 2007 a subsidiary, GEMO SLOVENSKO, spol. s r.o., was established.
Diversification of the company’s business
Controlling and two new divisions: the division of monolithic structures (reinforced concrete structures) and the division of utility networks (building of sewers, water mains, roads and other utilities required for official approval of the building).
The construction of FORUM Nová Karolina
Construction of a modern shopping centre in Ostrava.
Advancement in property development and investment activities
The company increased investments in major property development projects.
Changes in the organisational structure
Six new company sections, expansion of the top management.
Building of the Year 2010
Prestigious award given for an overall urban renewal project (the NH Olomouc Congress hotel and the OMEGA Health and Sports Centre).
Along with GEMO SPORT a.s., GEMO OLOMOUC, spol. s r.o.
contributed CZK 500,000 to Sdružení Šance (Chance Association) of Olomouc in September 2008, on the occasion of the opening of the new sports centre in the town. The goal of this donation was to support treatment for children with haematological and oncological diseases.
Sales of the first stage of the HANÁ shopping and entertainment park
Sale of the largest retail park in Moravia, with a leasable area of over 30,000 m2 to a foreign investor.
2010 – company anniversary
20 years since the foundation of the company.
The company employees celebrated the company’s 20th year of business on the premises of the NH Olomouc Congress hotel in a joint end-of-the-year celebration. The gala evening was spiced with a rich cultural programme – the singer Helena Zeťová, the violin duo Femme Fatale, the dance group Brasil Show and the women’s string quartet of the Moravian Theatre in Olomouc. The event was hosted by the well-known presenter Petr Martinák. A new, anniversary logo was created for the occasion of the celebration.