History
1992
Group owners start business in consultancy.
January 1999
WPB Group is set up.
April 1999
WPB Group becomes the first company in the Czech Republic to offer ready-made companies for sale, i.e. economically clean companies set up for a subsequent sale. This product shall make the start of business easier for entrepreneurs and overcome the red-tape issues related to setting up a business.
July 1999
WPB Group enters the financial sector and sets up a savings association with the name "FIDELITY, družstevní záložna".
December 2000
WPB Group becomes the first in the Czech Republic to offer entrepreneurs the service of a registered office and contact address. Thanks to the growing interest in this product, the group sets up the OFFICE HOUSE company through which it currently runs 17 business centres in eight Czech and Slovak cities.
May 2001
The group sets up the "Společnosti Online" company specialising in the sale of ready-made companies.
December 2001
WPB Group participates in setting up the Association of Cooperative Savings Companies through its savings association.
May 2003
A Slovak-based sister company of Společnosti Online with the same name is set up.
September 2004
The first OFFICE HOUSE business centre opens in Bratislava, Slovakia, on Zámocká street.
November 2004
The business name of the savings association changes to WPB Capital.
April 2006
The savings association sector, including WPB Capital, comes under the supervision of the Czech National Bank to comply with harmonised European Union rules.
April 2006
By now over 2,000 clients have acquired a ready-made company from WPB Group.
September 2007
Following two years of a complex and expensive reconstruction, the Edison transforming station in Prague 1 on Jeruzalémská street is opened (Edison Palace). The building in which WPB Group management is based wins several architectural awards. WPB Capital, the savings association, moves into these representative premises.
October 2007
The WPB Capital savings association becomes the strongest financial institute of its type in the Czech Republic with equity totalling CZK 155 million.
October 2007
WPB Group successfully completes the rehabilitation and sale of land in Prague 5 designed for the construction of the Bubbles hotel.
December 2007
The WPB Capital savings association welcomes its 1,000th member. Its balance amount crosses the CZK 500 million line.
January 2008
WPB Group opens sales of ready-made European companies, which are highly prestigious and modern legal form of businesses which may be set up in line with the EU regulations and guidelines governing European companies.
November 2008
WPB Group sells the cooperative savings company Prague Credit Union. This company now operates under the name "Citfin, spořitelní družstvo".
December 2008
The balance amount of the WPB Capital savings union reaches CZK 1 billion.
October 2009
OFFICE HOUSE launches its new product. Under the name Flexi office, this company offers short-term rental of fully furnished offices with all back-office support needed. Flexi offices are now for available for rent in the new "Palác Archa" business centre in Prague 1.
October 2010
WPB Capital doubles the balance amount and number of its clients over the past year. The balance reaches CZK 4.073 billion and the number of clients reaches 7,252. The reason behind the steep growth of WPB Capital is mostly the interest among clients in fixed term deposits with an interest of up to 5.95 p.a.
