Student Agency

Student Agency is a Czech travel agency whose main focuses are on au-pair programmes, resale of airline tickets and bus transport. Its headquarters are in Brno, Czech Republic. Despite the company's name, their services are not sold exclusively to students.

The company was founded by Radim Jančura, a graduate of the Brno University of Technology. Since its registration in 1996, Jančura remains CEO and the sole owner.[1]

At the end of 2004 Student Agency had 368 employees, the annual turnover totalled CZK 1.5 bn, and the operating profit amounted to CZK 9m.[2] The company's registered capital is only CZK 1m. In the first half of 2008, Student Agency announced operating profit of CZK 2.1 bn and employed 950 people.[3]

In 2006, Radim Jančura received Czech Republic Entrepreneur Of The Year Award, a prize awarded by Ernst & Young.[2]

The company operates lines connecting Prague with Ostrava, Vienna (both via Brno), Plzeň, Liberec and Hradec Králové. The most frequent is the Prague - Brno line with round the clock time schedule. There are also many less frequent international lines to: London, Amsterdam, Eindhoven, Hamburg, Munich, Berlin, Stuttgart, Paris, Košice, Budapest, Rome, Naples, Venice, Zurich, Bern, Geneve, Stockholm, Oslo and some other destinations.

Student Agency also controls RegioJet, a private railway operator which competes with Czech and Slovak railways. They have been given right to operate on Czech tracks. They will run on scheduled bases from Ostrava-Prague with five locamotives of 6 cars per day. They have been on Slovakian tracks for a year now and have seen much success and potential to expanding their train numbers to more tracks and countries.[4]

Selected financial results of Student Agency a.s.[5]
million CZK 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Operating revenues 148 307 753 901 1,266 1,471 2,108 2,755 3,525 2,915
Operating profit (0) (-1) 5 5 7 12 13 19 21 112
Net profit after tax 0 1 1 2 3 7 7 0 13 76
Assets 16 35 72 98 99 140 220 413 379 403
Equity 0 1 3 5 7 14 19 17 29 100

Notes

  1. ^ Commercial register at justice.cz, identification number (IČ) 25317075
  2. ^ a b Press release of Ernst & Young dated 23rd February 2006, MS Word in Czech
  3. ^ News article, 6.8.2008,[1] in German
  4. ^ "Railway Gazette: Slovak passenger market starts to open". http://www.railwaygazette.com/nc/news/single-view/view/slovak-passenger-market-starts-to-open.html. Retrieved 2011-02-13. 
  5. ^ Audited financial results of Student Agency, a.s, available at justice.cz (Sbírka listin), identification number (IČ) 25317075

External links