25.7.2008
News

Commission launches consultations on simplified rules for block exemptions

The Commission has presented for consultations new draft rules to exempt more subsidies from the notification obligation laid down in EC Treaty state aid rules.

The new so-called Block Exemption Regulation would on the one hand simplify and consolidate into one text five existing block exemptions for aid to SMEs, research and development aid in favour of SMEs, aid for employment, training aid and regional aid. In addition, the new Regulation would also allow the block exemption of three new types of aid: environmental aid, aid in the form of risk capital and Research and Development aid (R&D) in favour of large enterprises as well. Subsidies which fulfilled the conditions laid down in the new Regulation would be considered as compatible with state aid rules without requiring prior notification to the Commission. Following a further round of consultations, the Commission intends to adopt the final version of this regulation before the summer of 2008.

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9.10.2025
Financial services

KŠB assisted in financing the iconic Alchymist Grand Hotel and Spa

KŠB has been providing long-term legal advice to J&T Bank in connection with debt financing for Czech entrepreneurs. One of the most recent transactions involved granting a loan to the Alchymist Grand Hotel and Spa, one of Prague’s most renowned boutique hotels, owned by Giorgio Bonelli, a prominent figure in the Italian business community in the Czech Republic.
29.9.2025
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Legal advice on RegioJet financing

KŠB team led by Josef Kříž acted as legal advisor to Česká spořitelna and Komerční banka in connection with the issuance of RegioJet Group secured bonds, which will be admitted to trading on the Prague Stock Exchange. The expected volume is CZK 1.5 billion, but may increase to a total of CZK 4 billion. Assistance with this transaction is another successful step in strengthening our Capital Markets department led by Vlastimil Pihera.‍
3.9.2025
M&A

KŠB advised on the sale of shares in BigBoard Praha

The J&T Arch Investments fund, the main investment platform of the J&T Group, acquired a significant stake in the largest outdoor advertising operator in the Czech Republic, BigBoard Praha, from the JOJ Media House group.