Press

16.9.2025 – PDF – 48.72kB Across Europe, EP Group, owned by Czech billionaire Daniel Křetínský, has received approximately EUR 10.3 billion in public funds over the past decade, while Sev.en Energy, owned by billionaire Pavel Tykač, collected EUR 0.95 billion. These findings come from a new report published today by Re-set. The study details how two of Europe’s largest fossil fuel corporations profit from subsidies, compensations, and other forms of public funding.

11.3.2025 – PDF – 118.68kB Our new report named The Insurance Gap in the Age of Climate Crisis: Ranking the Major Insurers in Central and Eastern Europe focuses on the four most prominent insurers in the Central and Eastern Europe - Allianz, Generali, UNIQA, and Vienna Insurance Group. It evaluates their approaches to underwriting and investing in fossil fuels. They are rated on their underwriting policies, coverage, climate targets and investment policies. The findings show that all the insurers to varying degrees maintain policies that allow for continued support of coal, oil, and gas industries. The largest and most influential insurer in the Central and Eastern Europe - Vienna Insurance Group - has the worst climate policies of the four.

26.5.2023 – PDF – 92.55kB As concerned members of civil society from all across CEE, we are holding VIG accountable for its involvement in the fossil fuel industry and its role in the climate crisis. We call on VIG to take the responsibility of the position it occupies in CEE, to align its decisions with the scientific consensus and to act immediately, while the narrow window of time to secure a sustainable world for all is closing rapidly. In line with the demands of the Insure Our Future campaign, we urge VIG to support the world objective of limiting global warming to 1.5°C.

23.5.2023 – PDF – 104.65kB Representatives of the environmental organizations Stop the Dirty Money and Reclaim Finance will speak at the general meeting of Société Générale to address the bank's management and shareholders directly. They criticize the bank for supporting the business of the Czech coal tycoon and oligarch Křetínský, whose company was recently named by the Ukrainian authorities as a sponsor of the invasion. They also consider it serious that EPH is one of Europe's largest emitters of coal emissions. It is responsible for deforestation and unsustainable biomass burning.

10.5.2023 – PDF – 28.27kB The French translation of the report on Czech oligarch Daniel Kretinsky and his company EPH, entitled "Comment EPH de Daniel Křetínský détruit le climat, profite de la précarité énergétique et menace la démocratie," [1] provides extensive research on this fossil company and its impact on climate and democracy.

26.1.2023 – PDF – 79.56kB An oligarch, a coal baron, a gas menace, a landfill and media tycoon, or a forest burner. That is Daniel Křetínský. Owner of the largest Czech company EPH, destroys the climate, profits from energy poverty, and threatens democracy. The new report, published by Re-set: platform for socio-ecological transformation, is a comprehensive capture of the harmful aspects of the business of Daniel Křetínský and his companies.