A dispute is unfolding over the future of Czech automaker Tatra Trucks, centering on a multi-billion-euro loan proposal. Majority owner Michal Strnad, through his company Ytara SPV, is seeking board approval for the loan. However, minority shareholder Promet Group has publicly voiced concerns, alleging Strnad is attempting to push out existing banking stakeholders. The disagreement surfaced ahead of a shareholder meeting scheduled for Tuesday. Promet Group claims the loan is a maneuver to consolidate Strnad’s control over Tatra. The proposed financing could significantly alter the ownership structure of the iconic truck manufacturer. The situation highlights a power struggle within the company regarding its financial direction and control.
