KSB assists OKD in combined spin-off

The transaction included transfer of real estate not used for OKD’s major business to two existing companies, RPG RE Property, a.s. and Dukla Industrial Zone, a.s., and shareholdings in OKD, Rekultivace, a.s. and Garáže Ostrava, a.s. to two newly founded companies, RPG Rekultivace, a.s. and RPG Garáže, a.s.
OKD, as the only Czech black coal producer, is engaged in prospecting, mining, refining and selling low-sulphur black coal and is one of the largest domestic employers.
Other articles
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.
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.
Richard Schmidt Joins KŠB, Strengthening Its Corporate Criminal Liability and Compliance Practice
KŠB expanded its team at the beginning of August with the arrival of attorney Richard Schmidt, who has extensive experience in criminal law, including corporate criminal liability and related compliance matters.