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News

Doing business

Articles, interviews, research & studies, press releases from and about AmCham member companies related to the Czech business environment.

Managing business

Articles sharing best practices and knowledge of managing a business. Shared expertise and experiences of our community are available in this section to raise the standards of operational excellence.

bpv BRAUN PARTNERS advised CREDITAS Group on its expansion into the energy market in Poland

9.01.2025, Company: bpv Braun Partners s.r.o. advokáti

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.

 

Tags: Law |
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Clifford Chance advises European Bridge Travel on the disposal of Invia, a pan-European market leader in online travel

7.01.2025, Company: Clifford Chance Prague LLP, organizační složka

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.

Tags: Law |
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Clifford Chance advises Českomoravská nemovitostní on major real estate acquisition of 16 commercial properties

23.12.2024, Company: Clifford Chance Prague LLP, organizační složka

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.

Tags: Law |
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New EY survey reveals crucial AI literacy training needs among Gen Z workforce

13.12.2024, Company: EY

  • 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

Tags: IT |
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More Foreign Tourists Head to the Czech Republic; Reviving Its Economy

13.12.2024, Company: Letiště Václava Havla Praha, a. s.

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.

Tags: Tourism | Transport |
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Seminar market Risk (in Czech)

7.10.2024, Marketplace

For whom it is intended

The seminar is intended for specialists of medium and large companies whose management is affected by market risks, and specialists of banks, insurance companies, pension and investment funds who deal with market risk and investments.

Tags: Education | Finance | Economics |

Seminar Assets and Liabilities Management - ALM (in Czech)

16.09.2024, Marketplace

For whom it is intended

The seminar is intended for risk managers, ALM departments and internal auditors from banks, insurance companies, pension and investment funds and leasing companies.

Tags: Education | Finance | Economics |

Seminar GHG Emissions Measurement and Carbon Footprint Calculation (October 9, in Czech)

16.09.2024, Marketplace

Objectives of the seminar

The aim of the seminar is to introduce participants to the practical aspects of measuring the magnitude of greenhouse gas emissions using real examples.

The introductory part of the seminar focuses on the background and assumptions for GHG measurement, including the definition of the legislative requirements and the standards used. We will then introduce the procedures for measuring GHG emissions under the different scopes. Finally, participants will learn how and in which areas information on their own and clients’ GHG emissions can be used.

Tags: Sustainability | Health | Education | CSR | Finance | Economics |

Seminar CRR 3 / CRD 6 in Detail (in Czech)

10.09.2024, Marketplace

Objectives of the seminar

The seminar provides an overview of changes in banking regulations introduced by the new CRR 3 and CRD 6 regulations. Participants will gradually familiarize themselves with regulatory changes in various areas, including credit risk, operational risk, output floor, ESG, FRTB, and others. Throughout the seminar, both the implementation of these changes and their impact on banks will be discussed.

Tags: Education | Finance | Economics | Law |

Seminar Impacts of Climate Change and their Solutions (17. - 18. 9. 2024, in Czech)

2.09.2024, Marketplace

Objectives of the seminar

The topic of climate change is highly debated in the media and clearly divides society into two distinct groups. After attending the seminar, you will be able to form your own, fact-based opinion on the significance and extent of the (potential) impacts of climate change and the meaningfulness and feasibility of individual proposals for solutions.

You will be able to use the information provided during the seminar both in developing (adapting) your corporate strategy and in assessing the impact of climate change, not only in your business sector but also in your everyday life. You will learn what information about climate change is undeniable facts, what is scientific conclusions, pure speculation or even complete fabrications and hoaxes. We will help you to understand the meaningfulness of the measures taken or planned and the overall urgency of the problem.

Tags: Sustainability | Education | CSR | Economics |

Seminar Model Risk (12.9.2024 in Czech)

2.09.2024, Marketplace

Objectives of the seminar

The number and importance of models used for management is constantly growing, and with it the severity of the possible consequences resulting from the decisions recommended or automatically implemented by them.

The aim of the seminar is therefore to teach participants to correctly identify and measure risks of models and then to show how to use the results of these methods for practical model risk management. During the seminar, we will discuss key measures for assessing the accuracy and suitability of models, the role of validation, monitoring, back-testing and related reporting. The seminar also includes an overview of regulatory requirements / expectations in this area, including requirements and recommendations at the international level. The seminar will present the methods of model risk management on practical examples covering the life cycle of models.

Tags: Education | Finance | Economics |
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