25.4.2012
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News
Publications

KŠB lawyers comment on public procurement changes in Hospodářské noviny

The grand amendment to the Public Contracts Act, which substantially modifies requirements for both contracting authorities and bidders, came into effect on 1 April 2012. Outlining the impact of the amendment, KŠB lawyers Martina Parusová Zímová and Jiří Horník provided commentary in the April 16 issue of Hospodářské noviny’s “Business” supplement.

The amendment introduced an entirely new category for “major public contracts”, where the value threshold is CZK 300 million (CZK 50 million for municipalities and local governments) and where contracting authorities are required to have the justification of the contract approved. “The municipal government will be the authority in charge of approval for municipalities while the central government will be in charge for state agencies and authorities. Starting in 2014, any authorities or organizations wishing to open a tender will be required to submit an opposition statement, which should serve to review and assess the justification,” noted Martina Parusová Zímová.

In addition, contracting authorities will be required to present preliminary information on what tenders and public contracts they intend to open and award. “The amendment requires contracting authorities to disclose the preliminary notice either in its public profile, in the Czech Bulletin of Public Contracts, or even in the European Public Procurement Bulletin, depending on the type of contract,” said Jiří Horník.

Moreover, as the value thresholds of public contracts have also been changed, the Public Contracts Act now applies to many more tenders than ever before. Also, contracting authorities are no longer allowed to demand that candidates present quality certificates. Further updates on the issues related to the Public Contracts Act can be found on KŠB’s Law microsite available on Patria Online.

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22.9.2026
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News

KŠB secures landmark Supreme Court ruling on size premiums in squeeze-out valuations

Kocián Šolc Balaštík (KŠB) has obtained a significant victory before the Czech Supreme Court in a dispute over the fairness of the consideration paid to minority shareholders in Léčebné lázně Mariánské Lázně a.s. In its judgment in case no. 27 Cdo 1678/2025, the Court dismissed the claimants’ appeal and upheld the lower courts’ decisions. KŠB lawyers Radka Felgrová and Vlastimil Pihera represented the company and its majority shareholder.

Kocián Šolc Balaštík (KŠB) has obtained a significant victory before the Czech Supreme Court in a dispute over the fairness of the consideration paid to minority shareholders in Léčebné lázně Mariánské Lázně a.s. In its judgment in case no. 27 Cdo 1678/2025, the Court dismissed the claimants’ appeal and upheld the lower courts’ decisions. KŠB lawyers Radka Felgrová and Vlastimil Pihera represented the company and its majority shareholder.

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14.9.2026
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News

KŠB advises on the sale of a majority stake in Znakon Group to enteria

KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.

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KŠB provided legal advice on the sale of a 75% stake in Znakon, Znakon Asfalt and Znakon Servis to enteria, a Pardubice-based group and one of the Czech Republic’s largest construction holdings.

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9.9.2026
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News

KŠB Runs for a Good Cause

On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.

On Tuesday, 8 September three teams from KŠB took part in the eighth annual Good Will Run organised by the Olga Havel Foundation in Prague’s Hvězda Park. Proceeds from the entry fees will go towards supporting families facing difficult circumstances due to serious illness, loss of housing or domestic violence.

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