Bird & Bird Advises Hitachi Energy’s Major Industrial Expansion in the Czech Republic
The real estate team at international law firm Bird & Bird has successfully advised Hitachi Energy Czech Republic s.r.o. on expanding its production capacity within the Czech Republic.
Hitachi Energy Czech Republic s.r.o., a subsidiary of the Switzerland-based Hitachi Energy Ltd., specializes in developing and delivering cutting-edge systems and solutions for power generation and distribution in the Czech Republic. Leveraging the latest technologies and advancements in digitalization, the company is committed to driving innovation and efficiency in the energy sector.
The Bird & Bird team provided comprehensive support in negotiating lease and construction contracts, defining business terms, and structuring contractual relationships for the planned construction of a new industrial facility dedicated to producing high-voltage equipment.
This 50,000 sqm industrial development stands as one of the most impactful projects in the Czech industrial real estate market.
Under the supervision of partner Ivan Sagál, the project was coordinated by Petra Kalíková, a consultant at Bird & Bird specialising in real estate.
Vojtěch Chloupek, Client Relationship Partner, comments: “This industrial development project is one of those real estate deals we are particularly proud of. Hitachi Energy is a company that is leaving a notable footprint on the energy and renewables market with its technologies and sustainable approach. With the expertise and experience of our team, we are pleased to be able to support their activities on the Czech market in this regard.”
Read the announcement in Czech here.