"He's decided to accelerate this development in France, which is all the more interesting for him as he's a francophone and a Francophile," said Denis Olivennes, Kretinsky's right-hand man in France. "He's combining business with pleasure." The 2016 takeover of Vattenfall's German mines and 8,000 megawatt coal power plants is one example, where Kretinsky received 1.7 billion euros ($1.8 billion) in cash to buy the assets and the Swedish group booked a large loss on the deal.

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Oct 6 (Reuters) - The unions representing 53,000 hospitality workers in Las Vegas said on Friday they have seen "no real movement" this week in contract negotiations with casino-resort operators MGM Resorts International and Caesars Entertainment. Companies under Kretinsky's control or joint control had core operating profits (EBITDA) of more than 9 billion euros last year and assets of more than 80 billion euros, an EPH spokesperson said.

EPH reported earnings before interest, tax, depreciation and amortisation of 4.3 billion euros for 2022. The Culinary Workers and Bartenders unions are demanding higher wages, stronger protections against new technology that may threaten jobs, a reduction in steep housekeeping quotas and improved safety for workers. He is also facing political headwinds in his quest to buy Atos' legacy operations in France and failed to win the auction for German utility Steag earlier this year, sources with knowledge with the situation said.

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