Rowan Legal has advised Oriens Fund II on its acquisition of Sogos Fanam.
Kocian Solc Balastik has advised Jet Investment on its acquisition of building insulation producer Likov via the Jet 3 Qualified Investor Fund.
Senior Associate Tolga Tezel and Associates Radek Kraus and David Wilhelm have been appointed as Local Partners at White & Case in Istanbul and Prague respectively. The appointments were part of a broader round – including 23 Local Partners and 22 Counsels – and followed the firm's earlier Global Partner round, which included Prague's Vaclav Zaloudek (as reported by CEE Legal Matters on November 20, 2023).
JSK has advised the Genesis Private Equity Fund IV on its acquisition of STT Servis in the Czech Republic alongside some of the company's management. Wolf Theiss reportedly advised the sellers.
The government has proposed a package of measures aimed at reducing the state budget deficit in the next coming years. The package anticipates savings of almost CZK 150 billion, which, should bring to the state budget, in addition to changes in tax rates, also changes affecting employees and employers.