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Kocian Solc Balastik Advises Prazska Plynarenska Group on Intra-Group Restructuring

Kocian Solc Balastik Advises Prazska Plynarenska Group on Intra-Group Restructuring

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Kocian Solc Balastik has advised the Prazska Plynarenska group on its intra-group restructuring and the creation of a new holding structure.

According to the firm, the restructuring included, among others, the downstream merger of Prazska Plynarenska Holding A.S. and Prazska Plynarenska A.S.

Prazska Plynarenska is a publicly-owned Czech gas and electricity supplier with more than 425,000 customers in and around Prague.

Back in 2022, Kocian Solc Balastik advised Prazska Plynarenska on obtaining financing from banks and the Prague municipality to build up its gas reserves for the winter (as reported by CEE Legal Matters on July 28, 2022).

The KSB team was led by Partner Jan Lasak.

Kocian Solc Balastik at a Glance

Kocian Solc Balastik (KSB) is one of the few Czech law firms who have been on the market for over 30 years and is still independent. With a team of almost seventy legal and tax specialists operating in Prague, Karlovy Vary and Ostrava, KSB is one of the largest law firms in the Czech Republic.

Thanks to the ratings of clients and our competitors, we are a highly respected and acknowledged law firm, as evidenced by a number of prestigious awards, especially the four-time Chambers Europe Award for Excellence for the best law firm in the Czech Republic, often we have been the only purely Czech law firm among the nominees.

Our priority is to provide added value to clients. Therefore, we know the specifics of their business and adapt the proposed solutions to the client’s context, with great emphasis on professional ethics and building long-term relationships based on mutual trust and respect.

Firm website.

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