Largest Prague Cab Company Taxi Praha Acquires Tick Tack, Green Prague

Tick Tack, taxi company owned by Student Agency Holding, has been sold to Taxi Praha. The deal includes its subsidiary Green Prague.

Taxi Praha, the largest Prague taxi company, now operates about a thousand vehicles in the Prague area.

Tick Tack had entered market four years ago in the fall of 2013 with a fleet consisting only of Audi A6 executive cars. Since then, the company also launched a budget and environment-friendly alternative – Green Prague.

Under the Green Prague brand, Tick Tack has been offering rides in vehicles with a compressed natural gas engine. The combined fleet comprised about 200 vehicles.

According to the Student Agency Holding owner Radim Jančura, during the entire course of Tick Tack’s existence, the company has never been profitable. He also claimed Tick Tack has helped to drive up the service quality of other taxi companies in Prague as well as their transparency level.

The value of the deal has not been publicly disclosed.