Category: Czech Republic

Reals has advised Conseq Realitni on the sale of the former brewery in Prague’s Holesovice district, known as A7 Office Center. Steinwicht reportedly advised the buyers.

According to Reals, this administrative and business complex offers both office and commercial spaces across four separate objects, with a total floor area of 15,150 square meters and 197 parking spaces available.

Earlier in 2025, Reals advised Conseq Realitni on the acquisition of the EA Hotel Atlantic Palace in Karlovy Vary (as reported by CEE Legal Matters on January 15, 2025). In 2024, the firm advised on Conseq Realitni’s acquisition of Ctyri Dvory Shopping Center from Reico IS CS (as reported by CEE Legal Matters on September 17, 2024).

The Reals team included Partner Miroslav Dudek and Attorney at Law Filip Balousek.

Clifford Chance has advised Finep on the sale of its Stodulky Residential rental project to Reico Nemovitostni. Wilsons reportedly advised Reico Nemovitostni.

Finep is a Czech Republic-based real estate developer that has been operating for 30 years.

Reico Nemovitostni is a real estate fund in the Czech Republic. It has a portfolio of 20 properties across the Czech Republic, Slovakia, and Poland valued at nearly CZK 38 billion.

According to Clifford Chance, Stodulky Residential is part of the Britska Ctvrt development and comprises 219 modern rental apartments across three buildings with a total floor area of 10,400 square meters. Construction is scheduled to commence in April 2025 and is expected to be completed within three years.

The Clifford Chance team included Partner Milan Rakosnik, Associate Jan Christelbauer, and Junior Lawyer Filip Crncevic.

BBH has advised PPF Real Estate on a joint venture with Michal Strnad aimed at acquiring the Four Seasons Hotel in Prague.

The BBH team included Partners Petr Precechtel and Andrea Adamcova.

BBH did not respond to our inquiry on the matter.

Nedelka Kubac Advokati has successfully represented Orlen Unipetrol RPA in cassation proceedings before the Supreme Court against a judgment rendered by the Municipal Court in Prague. 

According to Nedelka Kubac Advokati, the Municipal Court in Prague had ruled that Orlen Unipetrol RPA was unconditionally obliged to pay contributions for the support of energy from renewable sources to the regional distribution system operator – even with respect to its own electricity consumption. In its judgment, the Supreme Court concluded that the Municipal Court in Prague erred by failing to consider the specific provisions of the distribution agreement. 

The NKA team included Partner Radovan Kubac and Associate Ondrej Cizek.

CMS has advised a consortium of Czech banks including Komercni Banka, Ceska Sporitelna, UniCredit Bank Czech Republic and Slovakia, and Vseobecna Uverova Banka on a new term loan facility for NET4GAS. Dentons reportedly advised the borrower.

According to CMS, the financing, totaling CZK 4 billion (approximately EUR 159 million), will be used to settle certain existing debts and strengthen NET4GAS’s capital structure.

NET4GAS is the exclusive gas transmission system operator in the Czech Republic, operating over 4,000 kilometers of pipelines, three border transfer stations, five compressor stations, and approximately 100 transfer stations that interface with domestic gas distribution networks. 

The CMS team included Partner Petra Mysakova and Associates David Bujgl and Matej Eberle.

The Chamber of Deputies has approved an amendment to the Labour Code, which should increase flexibility in employment relations. Unless something unexpected happens, most of the amendment will become

effective as of 1 June 2025. It introduces a number of significant changes that will affect most employers. Below is a brief overview of the most important ones.

First of all, the amendment aims to speed up and simplify the termination of employment relationships. A notice period is to start from the date of delivery of the notice (i.e. not from the first day of the following month) and in some cases is to be reduced to one month. The amendment also merges the existing “health” reasons for termination and changes the concept of compensation payable to employees in connection with termination on grounds of a work-related injury or occupational disease.

A trial period is to be extended to four months for ordinary employees and eight months for management personnel. It should also be possible to additionally extend the agreed trial period. However, the new rules apply only to trial periods agreed after the amendment becomes effective.

The amendment also facilitates the position of parents in the labour market. When returning from parental leave, it guarantees the right to return to the “same chair” until the child reaches the age of 2 years. During parental leave, it will also be possible to earn extra income by performing the same type of work for the employer under an agreement to complete a job / to perform work (DPP/DPČ).

Employers will surely appreciate the fact that the amendment abolishes mandatory initial medical examinations for non-hazardous jobs. The amendment also significantly changes the concept of unemployment benefits and prohibits employers from restricting employees from disclosing information about their remuneration (i.e. requiring so-called wage confidentiality clauses).

The changes introduced by the amendment will require most employers to adjust their employment law documentation and HR processes. In this respect, we recommend paying attention to the transitional provisions, according to which some matters will still be governed by the original legislation even after the amendment becomes effective (e.g. the duration of the notice period for a notice delivered before the amendment becomes effective).

By Lenka Droscova, Partner, and Vaclav Belohoubek, Senior Associate, Act Legal

Former Home Credit International Chief Legal & Compliance Officer Martin Seda has joined CME as Group Legal and Compliance Director.

CME is a content creator and broadcaster operating in six Central and Eastern European countries.

Prior to the move, Seda was with Home Credit International between 2017 and 2025 and was the company’s Chief Legal & Compliance Officer since 2024 (as reported by CEE Legal Matters on May 10, 2024).

Earlier, Seda worked for Kinstellar as a Managing Associate between 2016 and 2017 and as a Senior Associate between 2015 and 2016. Earlier still, he worked for Hogan Lovells as a Senior Associate between 2012 and 2014, as an Associate between 2009 and 2012, and as a Trainee between 2004 and 2009.

Originally reported by CEE In-House Matters.

The Czech Chamber of Deputies is discussing a key legislative proposal, known as “Lex Plyn” (Gas Act), aimed at ensuring energy stability during the coal energy phase-out. Set to take effect in August 2025, the proposal streamlines administrative processes to attract investment in gas-fired power plants while safeguarding energy security.

Strategic support for coal and gaspowerplants

The weaking economics of coal generation are prompting a reassessment of its short-term viability. With the dark spread – the margin between the electricity price and the combined cost of coal and CO2 allowances – steadily declining, coal plant operators are weighing the possibility of shutting down power production even earlier than required under the planned 2033 phase-out.

Lex Plyn grants the Czech Energy Regulatory Office (Energetický regulační úřad) authority to mandate continued coal-fired electricity production in emergencies, ensuring grid stability. Plant operators required to extend operations would receive compensation, though public debates continue on whether this should include guaranteed profits as envisaged in the original draft. Additionally, large-scale power plants must notify grid operators of extended shutdowns, preventing abrupt capacity losses.

To accelerate gas-fired power plant construction, the proposal classifies projects exceeding 100 MW as vital to national energy security, expediting permitting and environmental assessments. Authorities must process approvals within statutory deadlines, and environmental impact assessments (EIAs) must be completed within shortened period.

Expanding the renewable energy framework

While primarily focused on energy stability and expansion of gas, as a result of amendments submitted by MPs, Lex Plyn is evolving to potentially include provisions supporting renewable energy projects over 15 MW in general, such as wind and solar. According to these new proposals, such projects may benefit from extended permit validity but will not receive the same expedited decision-making advantages as gas power plants.

Additionally, other MPs’ amendments to the original draft act aim to improve grid efficiency by ban on “load banks” that waste surplus electricity (that would need to be sold at negative prices), encouraging battery storage expansion instead.

Investment outlook

For investors, Lex Plyn improves the prospects for capitalizing on new opportunities. The assurance of coal-fired power stability mitigates short-term risks, while streamlined approval processes for gas-fired plants enhance investment feasibility. However, discussions continue on financial support mechanisms for coal power, which could impact market dynamics and may potentially delay Lex Plyn. As legislative debates progress, stakeholders should closely monitor regulatory developments in the Czech Republic. We will also continue to track these changes and keep you posted.

By Lukas Vymola, Counsel and Jan Gerych, Senior Associate, Dentons

Weinhold Legal has advised Leo Mobility Management on Creditas Rail’s investment entry as well as on the purchase of 72 railcars from Train Charter Services for subsequent future leasing. Ploum reportedly advised Train Charter Services.

Leo Mobility Management is a rolling stock leasing company.

Creditas Rail acquired a 51% stake in both Leo Mobility Management and Leo Mobility Holding. 

The Weinhold Legal team included Partner Martin Lukas and Senior Associate Michal Przeczek.

Kocian Solc Balastik has advised AGC Glass Europe on the sale of its premier league football team FK Teplice to a company from the Accolade Group. Havel & Partners advised the Accolade Group.

AGC Glass Europe is a producer of flat glass for construction, automotive, solar systems, and specialized industries. According to KSB, it has owned FK Teplice for over 30 years and continues to maintain a close partnership with the club through ongoing social responsibility initiatives and the development of the Youth Academy.

The KSB team included Partner Jan Lasak, Senior Lawyer Josef Kriz, Lawyer Ota Mach, and Junior Lawyer Ivan Michna.

The Havel & Partners team included Partners Jan Koval and Lukas Syrovy, Managing Associate Ivo Skolil, Senior Associate Nikola Leova Pospisilova, Associate Jiri Moravec, and Junior Associates Dominika Hrebackova and Johana Nemeckova.