CZECH REPUBLIC Law and Practice Contributed by: Robert Neruda, Roman Světnický, Martin Rott and Robert Nersesjan, HAVEL & PARTNERS
ment (regardless of the sector/activities of the target) within five years after its completion if the MIT has concerns that the investment may pose a risk to national security. The risk of the MIT opening the investigation ex officio may be avoided by approaching the MIT voluntarily via a formal consultation. As part of the consulta - tion process, the investment is notified using a simplified form. If no concerns about the security and/or public order are raised after the review, the MIT issues a comfort letter stating that it will not open an ex officio investigation into the investment in the future.
In March 2025, the Czech Government issued a resolution instructing the MIT to prohibit Emposat, a Chinese company, from continu - ing its investment in the Czech Republic. The investment involved the operation of a satellite ground station equipped with a 7.3-meter para - bolic antenna in Vlkoš, South Moravia, which the government concluded posed a threat to national security or public order. This is the very first case resulting in a prohibition since the FDI Act entered into force. Foreign Subsidies As the Czech Republic is an EU member state, the newly adopted Foreign Subsidy Regulation applies.
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