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Michal Simcina

Michal Simčina is a member of the Firm’s Mergers & Acquisitions Practice Group. He advises on corporate registration matters, corporate changes and liquidation, corporate restructuring and regulatory issues.

The Czech Republic has recently significantly amended existing legislation in the field of energy transition and energy regulation as a follow-up to the Renewable Energy Directive Recast (RED II), with the aim of counteracting unfair business practices towards consumers. The majority of these changes became effective on 1 January 2022, with the rest becoming effective later in 2022 or 2023. This is a significant step towards decarbonisation in line with EU goals and it creates many opportunities for the energy market players