Slovakia

Asahi Group Holdings, Ltd on the acquisition of five former SABMiller businesses in Central and Eastern Europe, which was the largest acquisition of a foreign beer operation by a Japanese brewer.

Cisco Systems, Inc. on the acquisition of Slovakia-based Sli.do technology company, that provides audience engagement platform that enables real-time feedback and insight before, during and after any meeting or event via dynamic polls, Q&A, quizzes, word clouds, surveys and more.

Dexia Kommunalkredit Bank AG on the sale of its majority stake in Dexia banka Slovensko to Penta Investments, a leading Central European private equity fund.

Epic Games, Inc. on the acquisition of Capturing Reality s.r.o. (CR) for USD 60 million, from the individual founders of CR. CR is developing a state-of-the-art photogrammetry software tool - RealityCapture, currently the fastest solution on the market enabling automatic creation of virtual reality scenes, textured 3D meshes, orthographic projections, geo-referenced maps and much more from images and/or laser scans.

Infracapital, the infrastructure investment arm of M&G Investments and one of the largest European infrastructure investment funds, on the acquisition of the CEE utility group GGE, an operator of a number  of combined heat and power plants, district heating networks and producer and supplier of heat, electricity and gas.

Macquarie Infrastructure and Real Assets on the acquisition of a 30% stake in EP Infrastructure, a portfolio of infrastructure assets in Slovakia and Czech Republic from EPH.

Slovenské elektrárne, a.s. on the completion of units 3 and 4 of the Mochovce Nuclear Power Plant.
We advised on the key supplier contracts, including nuclear island supplier contracts, conventional island supplier contracts and templates (ie civil works, supply only, supply and erection and erection only), the EPCM contract and various other contracts. The estimated volume of investment for the project amounts to EUR2.8 billion, which makes it the largest investment by a private investor in the history of Slovakia.

We are representing electricity distribution companies Zapadoslovenská distribučná, a.s. (ZSD) and Východoslovenská distribučná, a.s. (VSD) in a large number of disputes concerning energy regulation in Slovakia including, in particular, in relation to recent significant interventions of the regulatory authority in the business of the ZSE Group and the VSE Group. In particular, we are representing ZSD and VSD in numerous court disputes where the producers of electricity from renewable sources are claiming reimbursement of a regulatory tariff called the “G-tariff”. The G-tariff is a tariff for access to the distribution grid, which was challenged by the renewable electricity producers before the Constitutional Court of the Slovak Republic, resulting in a number of disputes between the electricity producers and the distribution network operators who collect the tariff on behalf of the State.

We represent Zero Bypass Limited, a concessionaire in the D4R7 highway project, in the biggest construction arbitration which has ever taken place in Slovakia, arising out of the delay of the project and related time extension and cost increase. The dispute concerns a complex interplay between matters of delay, quantum and impaired financial cash flows. This is an ICC arbitration seated in Vienna.