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Kinstellar Advises Veolia on Acquisition of Additional Stake in Veolia Energie CR from CEZ

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Kinstellar has advised Veolia on the acquisition of an additional 15% stake in Veolia Energie CR from CEZ, increasing Veolia’s shareholding to over 98%. Skils reportedly advised CEZ.

According to Kinstellar, this milestone reinforces Veolia’s long-term collaboration with CEZ and further strengthens its position in the Czech energy market, in line with its GreenUp strategy aimed at transitioning to cleaner, local, and decarbonized energy sources.

The Kinstellar team included Partner Kamil Blazek, Counsel Michal Forytek, Managing Associate Matej Vecera, and Junior Associates Antonin Seidel and Lucie Kunclova.

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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.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

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