Slovak Engineering Firm PPS Group Sees Revenue Drop Despite Production Revival

PPS Group, a Slovak engineering company, has seen its revenue fall from nearly 100 million euros to 56 million euros over the past two years. The company, based in Detva and owned by lawyer Daniel Futej, who has previously been associated with businesses linked to Juraj Široký, has experienced turbulent years following the pandemic when it nearly ceased operations. The firm is now attempting to recover by shifting from producing components for other companies to manufacturing complete machines. This strategic pivot toward producing finished products rather than just parts represents the company's effort to stabilize its business after significant financial setbacks during the COVID-19 period.