Their concern controlled also 30% of the German and in total almost 50% of the European brown coal mining industry in the years after World War I. In 1920 Ignatz founded the Petschek Brothers Bank (Bankhaus Petschek & Company) in Prague that was directed by 6 family members including Julius. Julius is known for commissioning the bank"s Petschek Palace in Prague that was used by the Gestapo in World World War World War II Julius Petschek died in Prague.
Petschek family.