Slovakia: Privatisations expected, real estate shows signs of picking up

The Lawyer, 11 April 2011 – A special report published in The Lawyer (11 April 2011) highlights the current situation on the legal market in Slovakia.

The article notes that several privatisations are being considered by the Slovak government worth in total approximately €400 million. If the government’s privatisation plans go forward, these are expected to generate strong investor interest and a corresponding increase in work flows at the top law firms. Among state assets considered for privatisation are Slovak Telecom, several heating plants, and shares in the Bratislava Stock Exchange.

Patrik Bolf, Managing Partner of Kinstellar’s Bratislava office, also notes increased activity in the real estate sector. He explained that Kinstellar’s real estate practice was reasonably busy in 2010, and expressed optimism that the pick-up will continue further.