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Havel & Partners has advised PortfoLion Capital Partners on its EUR 30 million investment in GymBeam in a round carried out together with the EBRD. CMS advised the EBRD. Allen Overy Shearman Sterling advised Crowdberry as the existing investor. AKF Legal, and reportedly Dentons, advised GymBeam. 

The Slovak economy is facing a difficult period. With public finances under pressure and the government pursuing consolidation, the investment climate is deteriorating. Foreign direct investment has slowed significantly, with Slovakia not being regionally competitive anymore. Globally, geopolitical tensions, disrupted supply chains, and energy volatility have left businesses struggling to adapt. These macroeconomic headwinds are now translating into sectoral distress. Slovakia’s automotive industry, which forms the backbone of Slovak industrial output and employment, is highly exposed to the global trends, declining demand, overcapacity, and cost pressures. At the same time, retail, transportation, construction, and energy are showing signs of strain. Insolvencies of Slovak businesses are likely to rise in both number and complexity. In my view, the Slovak insolvency framework, unfortunately, is not fit to effectively absorb these developments.

Karanovic & Partners, working with White & Case, has advised MidEuropa on the sale of regional dairy producer Imlek to a consortium comprising the family holding of entrepreneur and investor Andrej Jovanovic as lead investor and Imlek’s current CEO Bojan Radun. Sijercic & Partners and Ilej & Partners in cooperation with Karanovic & Partners advised MidEuropa as well. Kinstellar advised the buyers.

Schoenherr has advised Enery on the acquisition of a 32-asset operational photovoltaic portfolio in Slovakia with a combined capacity of 34.6 megawatts from ContourGlobal and Energy Infrastructure Partners. Eversheds Sutherland advised ContourGlobal. Kinstellar reportedly advised on the matter as well.

The Slovak legal market is being pulled in two directions at once at the moment – inward by the practical realities of AI adoption inside law firms, and outward by geopolitical uncertainty that’s cooling foreign investment, according to Taylor Wessing Co-Managing Partner Andrej Leontiev.

Cechova & Partners Partner Michaela Jurkova and Ruzicka & Partners Partner and Co-Head of the Banking and Finance practice Jan Hanko discuss Slovakia’s banking sector’s modest but meaningful consolidation over the last five years.

Corwin Head of Legal Services Department Marek Kundrat discusses balancing legal precision with business agility, the realities of cross-border in-house work, and the shifting regulatory landscape in Slovakia’s real estate sector.

Slovakia is one of the more active Member States of the EU when it comes to implementing Directive 2022/2555 (NIS2). A substantial amendment (effective from January 1, 2025) to Slovakia’s existing Cybersecurity Act No. 69/2018 introduced a new regulatory framework. Deadlines are now in place and regulatory activity is increasing. Businesses across various sectors, particularly in digital infrastructure, energy, finance, and manufacturing, are expected to adapt to the updated legal landscape rapidly.

Relevans has advised J&T Banka on financing provided alongside Slovenska Sporitelna for the acquisition of Medirex Group. HKV Law Firm, and reportedly Rowan Legal, advised the unidentified buyers. Roedl & Partner reportedly advised the sellers.

Allen Overy Shearman Sterling has advised AutoBinck Group on the sale of the Czech and Slovak divisions of Business Lease Group to KBC Group’s CSOB Leasing entities in the Czech Republic and Slovakia. Baker McKenzie advised CSOB.