International law firm bpv BRAUN PARTNERS advised CREDITAS Group on successful acquisition of a 100% stake in the Polish energy group DUON, one of the largest private gas distributors in Poland.   DUON Group is being acquired by CREDITAS from Infracapital, an infrastructure equity investment fund belonging to M&G Plc, one of the largest and longest established investment houses in the UK with over 90 years of experience.  DUON Group currently has more than 800 kilometres of gas pipelines in Poland. Its assets include 12 networks connected to the national gas grid and it operates a fleet of 24 LNG-based cryogenic trailers and 20 gas regasification stations. DUON supplies gas to more than 11,000 customers.   bpv BRAUN PARTNERS played a leading role in this international transaction and provided comprehensive legal advice and assistance in all negotiations and preparation of complete transaction documentation, including extensive due diligence and representation in acquisition financing by a syndicate of banks led by Komerční banka, a.s. The total value of the transaction has not been disclosed.   Legal advice throughout the transaction was provided by the team of bpv BRAUN PARTNERS consisting of David Vosol, Pavel Vintr, David Plevka and Ivana Horáková. David Vosol, partner at bpv BRAUN PARTNERS, comments the successful transaction: "A big thank you to our entire team and to the team of the cooperating Polish law firm Domański Zakrzewski Palinka and the British law firm Watson Farley & Williams, with whom we continued our successful series of advisory services within the CREDITAS Group projects."   More information about the transaction can be found here.  

The Prague office of Clifford Chance advised European Bridge Travel and its shareholders, Rockaway Capital and CITIC Europe Holdings, on the successful disposal of 100% of the shares in Invia Group, a leading online travel agency in Central and Eastern Europe, to WP Holding. The transaction value is approximately 240 million euros (approx. 6 billion crowns), which makes it one of the largest transactions of the year.

The Prague office of Clifford Chance successfully represented Českomoravská Nemovitostní (ČMN) and NEMO Fund in the acquisition of a high-value portfolio comprising 16 commercial properties. This transaction, one of the largest in the Czech real estate market this year, involves assets valued in the billions of CZK. Clifford Chance provided comprehensive legal advisory, including transaction structuring, negotiation of sale agreements, due diligence, refinancing of current banks and acquisition financing from Helaba, ensuring a seamless acquisition process.

By 2030, Gen Z will be a key driver of the AI future, comprising 30% of global workforce Most of Gen Z uses AI but scores low in critical evaluation and assessment of AI Social media dominates as primary Gen Z AI information source

Foreign visitors more frequently choose the Czech Republic as their destination. During this year's summer season, i.e., from April to the end of October, 2.8 million people flew to Václav Havel Airport Prague. Compared to last year, they now represent the majority of arriving passengers. Most often, these are tourists from Great Britain, Italy, and France. This year, a total of 3.2 million visitors from abroad arrived in the Czech Republic in the third quarter of the year, which is 4.4% more year-on-year. It is evidenced by data jointly presented by the CzechTourism, Prague Airport, and the Czech Inn Hotels.

Currently, the largest Czech large-scale mural art is being created on the facade of a giant distribution centre in the Panattoni Park Cheb industrial zone. The building, which is currently under construction, will cover an area of 6,200 square metres.