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Havel & Partners Advises Prazska Teplarenska on Spin-Off of Assets

Havel & Partners Advises Prazska Teplarenska on Spin-Off of Assets

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Havel & Partners has advised Prazska Teplarenska on the spin-off of its assets into five successor companies.

According to Havel & Partners, “the value of assets spun off from Prazska Teplarenska amounts to billions of Czech crowns.”

Prazska Teplarenska, founded in 1992, “ensures the energy supply to more than 230,000 households and thus covers 25% of the thermal energy market in Prague and its vicinity,” according to Havel & Partners. It is a subsidiary of Energeticky a Prumyslovy Holding, which was founded in 2009, and which “associates more than 70 companies and is the largest heat supplier in the Czech Republic, the largest electricity producer and the second-largest electricity distributor and supplier in Slovakia, and the second-largest brown coal producer in Germany.”

Havel & Partners’ team included Partners Jaroslav Havel, Ondrej Florian, and Lukas Syrovy, Counsel Josef Zaloudek, and Associates Sona Karbanova Schweizer and Adam Karban. 

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PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

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