Květoslav Chytil, Chief Financial Officer of H2 Global Group, has had a number of successful missions. For example, he has worked at Coca Cola and founded several specialist companies. He likes to spend his free time walking in nature and playing sports.
You are financially managing H2 Global Group at a time of great and rapid expansion. Do you enjoy the pleasant feeling of being involved in how the company develops, profits and grows, or is it this rapid expansion that has kept you in a huge workload?
It's a real ride, lots of decisions to make in a short space of time, but with that comes a huge workload for the whole team. I'm very happy that we're getting it right.
What personally led you to work in the field of molecular hydrogen?
I know personally David Maršálek, who has been working with hydrogen for many years, we met at the right time and together we have been building a hydrogen empire for over 5 years. I felt from the beginning that hydrogen had a huge potential.
Could you briefly introduce the investment opportunity currently offered to individuals and companies by your company Molecular Hydrogen Investment Group, part of the H2 Global Group?
The key thing about investing in our hydrogen group is the fact that the investor is investing in real projects that we are implementing. From the investment of our founders to the investment of our hydrogen community, in 2021 we issued the first ever hydrogen project bond program in the country that was approved by the CNB (Czech national bank). So these are unique hydrogen bonds with high appreciation and other bonuses for our investors. We have issued and successfully marketed our first two bond issues and will launch our 3rd bond issue in autumn 2022, so our investors have a lot to look forward to.
In an interview with Patriot magazine, you said that "... molecular hydrogen is one of the main priorities of the Green Deal, which all the countries of the European Union have agreed on and will support it extensively. We are and will want to be part of it, because it will be a topic not only for each individual, but for whole groups, countries or cities. You will have seen reports of the first hydrogen neighbourhoods, cities and 'hydrogen valleys' - these will use our hydrogen technologies, including products and services." Are you planning to offer green investments to your current and potential investors in this regard?
It's a personal priority for me to offer an instrument in the autumn bond issue that investors will perceive as green. We are planning a hydrogen development project, and we have a suitable location and property where we can demonstrate our use of hydrogen technology in practice. To make it even more interesting for investors, I am also planning to include tax benefits in our bonds, because the current tax legislation in the Czech Republic still does not support tax breaks for these investments, so we will work it out so that the investor gets the withholding tax back from us.
Do you yourself use any of H2 Global Group's products?
Yes, I mostly inhale molecular hydrogen and drink hydrogen water from our H2 Generator, then I use H2 Dent Care daily as part of my oral hygiene. My children like H2 Forte the best.
Can you imagine how molecular hydrogen will change the world in 20 years?
I can, although I'm not such a visionary, I'm more of a realist. I would like to compare this progress to the ALOE VERA plant, which was almost unknown decades ago, and is now a worldwide phenomenon. Aloe Vera is now available everywhere and in all forms, and here I would like to draw a parallel with hydrogen, because hydrogen will be available everywhere and in all forms, and perhaps even sooner than 20 years from now. We are leaders in the hydrogen market and we look forward to the challenge.
Photo: H2 Global Group