Peterka & Partners Partner Adela Krbcova talks about labor in 2025 in the Czech Republic.
For the Love of the Game: CEE’s Gaming Sector
Over the past few years, the gaming sector has been thriving in CEE. Kinstellar Partner Milan Samardzic, Rowan Legal Partner Milos Olik, ACI Partners Head of Fintech and E-Payments Nicolina Turcan, and Linklaters Warsaw Associate Aleksandra Czubek explore how CEE jurisdictions are driving the industry forward and unlocking new potential.
Czech Republic: The Cyber Resilience Act
The European Union is following its roadmap to strengthen the cybersecurity framework. After the Cybersecurity Act (Regulation (EU) 2019/881), which created a certification framework and established the European Union Agency for Cybersecurity (ENISA), and NIS 2 (Directive (EU) 2022/2555), which aims at enhancing the cybersecurity of essential and important services, the European Union introduced the protection of connected software and devices, in other words, the cybersecurity of the IoT. In October 2024, the European Council officially adopted the Cyber Resilience Act (CRA) which is about to be published in the EU Official Journal. The Czech Republic is now intensively preparing for the adoption of the Cybersecurity Act, which transposes the NIS 2 Directive, but awareness of CRA is low, even though critical software is being developed in the Czech Republic.
Czech Republic: Overview of Selected Obligations in Connection with the End of the 2024 Accounting Period
With the end of the 2024 calendar year accounting period, companies must focus on key obligations associated with it. This overview, prepared by the law firm Eversheds Sutherland, summarizes the most important deadlines and obligations related to financial statements, the annual report, the related parties report, and the filing of the corporate income tax return. Proper and timely fulfillment of these obligations is essential to comply with legal requirements.
Reals Advises Investika Real Estate Fund on Acquisition of Pilsen Development Project
Reals has advised Investika Real Estate Fund on the acquisition of the Anglicke Nabrezi – U Zvonu development project in Pilsen from private sellers. Krivanek Tomasek and Andrs and Haloun reportedly advised the sellers.
CEE Legal Matters Comparative Legal Guide: Real Estate 2025 is Now Out!
CEE Legal Matters is proud to introduce the latest in our Comparative Guides series. This one focuses on Real Estate in CEE.
GDPR Fines and Data Breach Trends in the CEE Region
The latest DLA Piper GDPR Fines and Data Breach Survey provides a comprehensive overview of data protection enforcement trends across Europe, including the Central and Eastern European (CEE) region. CEE countries are in the mid-range in terms of total GDPR fines imposed since the regulation became applicable in 2018 and for last year, but enforcement activity is steadily increasing. Here are the latest trends and legal developments in Austria, the Czech Republic, Hungary, Poland, Romania, and Slovakia.
"'Stewardess' Out of the Game," or the First Successful Follow-On Claimant's Damages Action in the Czech Republic
When discussing competition law, the Competition Authority and its powers are usually part of the business conversation, given that it is the key enforcer ensuring fair competition and penalizing those who try to distort it. However, for many undertakings, a decision by the Competition Authority isn’t always the end of their fight for justice – sometimes it’s just the beginning. Affected competitors often have to undertake significant efforts to seek compensation from those whose anti-competitive behaviour has harmed or even destroyed their business. In this article, we share our experience with the first-ever successful follow-on damages action in the Czech Republic and the challenges we encountered along the way.
Gleiss Lutz Advises EP Global Commerce on Regulatory Aspects of Metro Delisting Offer
Gleiss Lutz has advised EP Global Commerce on foreign investment control and merger control matters related to its public delisting offer for all shares in Metro AG not already held by EPGC.
CMS Advises on Smarty Group Financing
CMS has advised a club of Czech banks including Ceska Sporitelna, Ceskoslovenska Obchodni Banka, Komercni Banka, and Raiffeisenbank, on financing for Smarty Brands Group.
Clifford Chance and BBH Advise on Amadeus Real Estate's Sale of Maj Narodni Shopping and Entertainment Center
Clifford Chance has advised Amadeus Real Estate on the sale of a majority shareholding interest in Maj Narodni – the owner of the Maj Narodni shopping and entertainment center in Prague – to Fond Realita. BBH advised Fond Realita. White & Case reportedly advised the financing banks.
A&O Shearman and Clifford Chance Advise on Doosan Skoda Power's Prague Stock Exchange IPO
Allen Overy Shearman Sterling has advised Doosan Skoda Power on its CZK 2.53 billion initial public offering on the Prime Market of the Prague Stock Exchange. Clifford Chance advised the joint global coordinators Raiffeisen Bank and Wood & Company.
Eversheds Sutherland and BPV Braun Partners Advise on Orbian's Acquisition of Platebno Instituce Roger
Eversheds Sutherland has advised Orbian on its acquisition of Platebni Instituce Roger from KB SmartSolutions and other shareholders. BPV Braun Partners advised one of the selling shareholders, Echilon Capital.
2025 CEE General Counsel Summit Sneak Peak: Interview with Roman Pecenka of PRK Partners
With preparations for the 2025 CEE General Counsel Summit in full swing, PRK Partners’ Partner Roman Pecenka shares his thoughts about the upcoming event and what he’s looking forward to the most.
Batteries, Eco-Design, NIZA, Critical Raw Materials and Much More
Recently, more and more European environmental regulations have been issued, that are directly binding and applicable, with the aim of achieving a circular economy and climate neutrality within a specified period.
New Partners at JSK
Former Metrostav in-house Counsel Hana Nevralova has joined JSK as a Partner. At the same time, the firm elevated former Managing Associate Daniel Pospisil to its partnership ranks as well.
Weinhold Legal and Cytowski & Partners Advise ThreatMark on USD 23 Million Series A Round
Weinhold Legal and Cytowski & Partners have advised Czech Republic-based technology company ThreatMark on its series A financing round, securing an investment exceeding USD 23 million from London-based Octopus Ventures and The Riverside Company investment firm. Dentons' New York office reportedly advised Octopus Ventures. DLA Piper's New York office reportedly advised The Riverside Company.