New Regulation No. 1925/2006 on addition of vitamins, minerals and certain other substance to foods
Regulation (EC) No. 1925/2006 of the European Parliament and of the Council of20 December 2006 on the addition of vitamins and minerals and of certain othersubstances to foods was published on 30 December 2006 and applies from 1 July2007. This is the first piece of specific legislation to deal with the voluntaryaddition of vitamins and minerals to food and aims to provide a higher level ofconsumer protection as well as harmonise legislation across the EU to facilitateintra-Community trade. It also sets provisions to allow control of the additionof other substances to food.
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KŠB Assisted with the Refinancing of the BigBoard Group, a leading player in the premium outdoor advertising market
Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.
KŠB Assisted Sandberg Capital with a Majority Investment in HotelTime Solutions
The KŠB team provided legal advice to the investment group Sandberg Capital on the completion of a majority investment in HotelTime Solutions, one of the leading providers of cloud-based software for hotel operations management.
KŠB assisted Seyfor with the extension of its financing provided by Raiffeisenbank, Tatra banka and, newly, Slovenská sporiteľňa.
The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.
