SynBiol is a group of companies owned by Prime Minister Andrej Babiš. Unlike the Agrofert holding, which he placed in the RSVP Trust trust fund, he kept the SynBiol group in his ownership after the 2025 parliamentary elections. [1][2]
The group includes the investment group Hartenberg Holding, the development and investment company Imoba, and the companies Istrochem Reality and Berg, which also include the Bratislava-based TK Slávia. [1][2] Hartenberg manages Babiš's investments and does business in, among other fields, healthcare and online retail. It owns, for example, the FutureLife group, which focuses on artificial insemination. [1][2] Imoba focuses on property management, construction and hospitality. It owns Čapí hnízdo and also operates the Pumpa petrol station and the Paloma Průhonice restaurants and confectioneries. [2]
For 2025 the group reported, according to its consolidated annual report, a loss of CZK 477.5 million, whereas a year earlier the loss was just under CZK 47 million. Revenues rose by 36 percent to CZK 11.3 billion and consolidated operating profit fell to CZK 69.9 million. Assets reached CZK 22.8 billion and equity was approximately CZK 11.8 billion. The group's bank loans rose from CZK 2.87 billion to CZK 5.25 billion. [1][2][3]
The opposition criticises Babiš over his ownership of SynBiol, arguing that he is still in a conflict of interest because Hartenberg does business in healthcare. Babiš rejects the conflict of interest. On the fact that his government is preparing support for artificial insemination, he told Czech Radio that a woman who cannot conceive naturally may freely decide which clinic to go to. [1]
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Chronology
- — The company SynBiol, described by the media as Babiš's, reported a loss of CZK 477.5 million for 2025, while its revenues rose by 36 percent. → Seznam Zprávy ČTK / České noviny
Sources
- Seznam Zprávy — 1 October 2026
- ČTK / České noviny — 1 October 2026
- E15 — 1 October 2026