We are pleased to announce that Arthur Braun has been recommended again by WWL and is ranked among the top nine competition lawyers in the Czech Republic for 2024!
The draft law, which is to enable the creation of acceleration zones, which we informed you about some time ago here, is heading to the inter-ministerial comment procedure. In early July, a paragraphed version of the government’s draft law on the acceleration of the use of renewable energy sources was published[1] (“RESZ”), which you can read here. Inter-ministerial comment procedure shall be accomplished on July 31st, at the latest.
On 01.07.2024, Act No. 108/2024 Coll. on Consumer Protection and on Amendments and Additions to Certain Acts came into force.
For some months now (and years after the first announcements by the European Commission and the Czech Antitrust Office), local employers have had to prepare themselves for increased inspections and dawn raids by the antitrust authorities. Clients have already had the first such dawn raids.
The Ministry of Industry and Trade has published a new subsidy call offering financial support for the construction of wind power plants in the Czech Republic. The state will provide a total subsidy of CZK 3 billion, with up to CZK 740 million per project (EUR 30 million in the call).
We advised Helanis AG, a Swiss company, on the acquisition of the Schaltag Group, which has more than 250 employees and 11,000 m2 of production space in Switzerland (Effretikon near Zurich), the Czech Republic (Ústí nad Orlicí), Germany (Ravensburg) and Spain (Valladolid).
We provided comprehensive legal advice to the French company LFB SA, which, through its subsidiary Europlasma, acquired the Czech company Amber Plasma, specializing in the opening and operation of plasma collection centers.
The international law firm bpv BRAUN PARTNERS has provided comprehensive legal advice to UCED from the CREDITAS Group portfolio on the successful acquisition of 100% of the shares in the Slovak energy group GGE, one of the leading producers and distributors of electricity and heat in Slovakia.
Last weekend, our Slovak office hosted again our bpv Academy, focusing this year on Mergers & Acquisitions.