ECM Real Estate Investments A.G. is bankrupted real estate developer based in Luxembourg, that was active mostly in Czech Republic, but also in China, Poland or Russia.
[3] Company owned inter alia two tallest buildings in the Czech Republic - City Tower and City Empiria.
EUR[5] Stocks became part of PX Index and eventually reached price 2,000 CZK per share.
Mainly as result of the Great Recession, the company went bankrupt in May 2011[6] and went into liquidation in July 2011.
[1] Before its bankruptcy, ECM was involved in the development of V Tower in Prague.