Stuttgart-based Mahle mainly sells components for vehicle combustion engines and generated sales of more than twelve billion euros last year. The thermostat business comprises around 600 employees in six countries, all of whom are to be taken over by the new owner.
The Ministry of Industry and Trade has published a new subsidy call offering financial support for the construction of wind power plants in the Czech Republic. The state will provide a total subsidy of CZK 3 billion, with up to CZK 740 million per project (EUR 30 million in the call).
We advised CREDITAS Group on successful acquisition of a 100% stake in the Polish energy group DUON, one of the largest private gas distributors in Poland.
We are delighted to announce the launch of IEL’s Guide to Pay Transparency edited by Freshfields and our contribution for Czech jurisdiction, prepared by Arthur Braun and Lucie Kalašová.