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Clifford Chance has advised dealers Bank Pekao, mBank, and Santander Bank Polska on Polenergia's PLN 750 million issue of green bonds.

TGS Baltic has successfully represented Estonian fishing company Porgukass in a dispute concerning compensation for damaged fishing equipment.

SRC Law has advised Cromwell Property Group on an approximately 7,000-square-meter lease agreement extension with BNP Paribas in the Avatar office building in Krakow.

A&O Shearman has advised Bank Millennium on its issuance of EUR 500 million 5.308% green senior non-preferred callable fixed to floating interest rate notes due 2029. Clifford Chance reportedly advised joint lead managers BNP Paribas, Erste, Millennium BCP, Morgan Stanley, and UniCredit.

Taylor Wessing has advised US-based Vintech Industries on its acquisition of parts of Rehau Automotive’s operations including its site in Jevicko, Moravia. Schoenherr and Gleiss Lutz reportedly advised Rehau Automotive.

Legal Kraft has advised Vastint Poland on leasing 6,000 square meters of office space in the B10 office and hotel building in Business Garden Wroclaw to Kruk.

JSK has advised PRE Group on its acquisition of SolidSun Group. Solid Legal reportedly advised the SolidSun Group.

Wolf Theiss has advised Stage Capital on the sale of the Galardia shopping center in Poland to Future Estate.

Ilej & Partners, in cooperation with Karanovic & Partners, has advised TeraPlast Group on its acquisition of 70% of Optiplast from Danijel Drcic. Gospic Plazina Stojs reportedly advised the seller.

B2RLaw has advised Kodano on a PLN 40 million investment from the Vinci Da Gama ASI fund. Destrier advised Vinci.

Deloitte Legal Romanian affiliate Reff & Associates has advised Blik Romania on obtaining authorization for the Blik Romania payment system from the National Bank of Romania. Deloitte Legal Poland reportedly advised on the matter as well.

Ketler & Partners, member of Karanovic, has advised Gunnebo Safe Storage on its acquisition of the Primat Group. Lah, Jambrovic & Partners and Podjed, Kahne & Partners advised the sellers.

Turunc has promoted Beste Yildizili Ergul and Naz Esen to Managing Associates and appointed them to Co-Head of Employment and Co-Head of Corporate Advisory teams, respectively.

Wolf Theiss has opened a new office in Brussels under the joint leadership of Partners Anca Jurcovan, Guenter Bauer, Robert Wagner, and Stefan Wartinger.

Alin Nichifor has joined Buju Stanciu & Associates as a Partner.

Former Kuke CFO Jan Sarnowski has joined B2RLaw as the new Head of Tax Practice.

Former Misechko & Partners Partner Stanislav Skrypnyk has joined Hillmont Partners as Counsel in the firm's Dispute Resolution practice.

Former Dentons Partner Timea Bana has joined Kinstellar as a Partner and new head of the local TMT service line and sector.

Former Deloitte Legal Partner Apostolos Vorras has joined Koutalidis as Partner and head of the firm's Digital Law practice.

Former Kinstellar Ukraine Partners Margarita Karpenko, Alla Kozachenko, Galyna Zagorodniuk, and Illya Sverdlov have established Imagine Lawyers.

Former Clifford Chance Counsel Aneta Disman has joined Wikov as its Chief Legal Officer in the Czech Republic.

Former Mars Wrigley Head of Legal for Poland Magdalena Dedynska has become the company's new Senior Counsel for Central Europe.

Former Baker McKenzie Senior Associate Katerina Schenkova has joined Thyssenkrupp as its new Regional Compliance Officer.

KPMG Legal - Toncescu si Asociatii has promoted Cristina Rosu, Irina Stanica, Dragos Nicolae Iamandoiu, and Calin Dragoman to Partner.

Recently, the Parliament of Montenegro has amended the labour regulations by adopting two amendments to the Labour Law in August and September 2024, and by adopting the amendments to the Law on Contributions for Mandatory Social Insurance in September 2024.

The Government of the Republic of Serbia has proposed amendments to the Law on Public Notaries ("Official Gazette of RS", no. 31/2011, 85/2012, 19/2013, 55/2014 - other law, 93/2014 - other law, 121/ 2014, 6/2015 and 106/2015) with the purpose of introducing the obligation to solemnize monetary loan agreements between natural persons in the amount of EUR 10,000 and higher.

Startups are newly established companies usually founded by entrepreneurs who develop a product, service, or business model with the aim of solving a specific problem or addressing a gap in the market. These companies usually start with limited revenue, and they are looking after angel investors, venture capitalists or especially allocated funds for startups.

The amendments to the Bulgarian Public Health Act (PHA), introduced on 8 October 2024, are aimed at modernising the healthcare system, enhancing data management and improving patient care. They prioritise the transition to electronic health records (EHR), regulate telemedicine, and introduce a digital scheduling system for medical appointments. This article provides a high-level overview of the amendments.

Convertible loans have emerged as a pivotal financial instrument for start-ups navigating the challenging terrain of early-stage funding (pre-seed and seed), also called angel investment. These loans are a hybrid of debt and equity financing, offering a unique solution for companies that are not yet ready for a formal valuation or are seeking to bridge funding gaps between capital-raising rounds.

Montenegro is not a member state of the European Union but rather a candidate country for membership, which status was granted on December 17, 2010.  As such, European Union regulations are not directly applicable in Montenegro, however, many regulations have been harmonized with EU directives as a result of the harmonization process (acquis Communautaire).

On 13 August 2024, the Ukrainian Government adopted Order No 757-p “Certain Issues of Pilot Auctions for the Allocation of the Support Quota in 2024” (“Green Auctions Order”) scheduling the first auctions for supporting renewable energy producers under the feed-in premium mechanism (“Feed-in-Premium”) later this year.

At the end of last year, the Ministry of Finance announced the improvement of the Electronic Invoicing System (known as SEF), which will consist of various modules. Certainly, the most significant module will still be the E-Invoice, which has already been in use by business entities since January 1, 2023. Along with it, new modules such as the E-Delivery noteE-Excise, and E-Customs will also be integrated.

Commencing from October 1, 2024, tax benefits for taxpayers with a high level of voluntary tax compliance or members of the announced “White Business Club” will come into full force and effect.

The right to disconnect entitles employees not to be at the employer’s disposal during rest periods and other justified absences.

People, as individual sources of evidence, are crucial in criminal cases. In more complex cases, even hundreds of people may be interrogated. So it is not uncommon in Widen’s practice to receive a concerned phone call from a client who has been called in for questioning. What to expect in such a case?

In the middle of July 2024, the Ministry of Energy announced that the Government will make it mandatory for manufacturers of batteries and their components, as well as battery waste managers, to carry out an environmental impact assessment procedure.

JŠK advised PRE Group on its acquisition of 100% stake in solar power plant supplier SolidSun.

The Reverse Share Split at a ratio of 10:1 to reclassify the company's share capital was resolved at the Annual General Meeting on 14 June 2024.

The IMMOFINANZ Group acquired a further approx. 38% of S IMMO shares from CPI Property Group SA for a purchase price of around EUR 608.5 million.

Drakopoulos is pleased to announce the launch of its new Data and Digital practice, dedicated to providing comprehensive legal solutions to clients navigating the increasingly complex landscape of data protection, digital transformation, AI, cybersecurity and emerging technologies.

The Montenegrin Law on Business Organizations prohibits the return of contributions to shareholders. But is capital reduction with simultaneous payment to shareholders permissible? This article explores the legal ambiguities and practical challenges arising from this question.

The ITR Tax Awards recognise the best tax consultants and tax lawyers every year. bpv Huegel was awarded twice this year.

RTPR has assisted the shareholders of 123FormBuilder – 212 Regional Fund II, Catalyst Romania, Florin Cornianu and Adrian Gheara – in relation to the sale of the company to American group Kiteworks.

Oliver Koppany will be joining Jalsovszky as Foreign Legal Counsel from September, focusing on US-Hungarian business connections.

Paul Pfeifenberger (36) specialises in real estate and has been with bpv Huegel since 2015.

RTPR has assisted OX2 in relation to the sale of a 99.2 MW onshore wind project located in the Eastern part of Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura.

RTPR has assisted private equity fund Innova Capital in relation to the sale of Optical Investment Group to EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses.

RTPR has assisted Vectr Holdings, through its subsidiary Vectr Realty Holdings, in relation to the indirect acquisition of 100% stake in the company that owns The Landmark from funds managed by Revetas Capital and affiliates of Cerberus Capital Management.

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Montenegro’s financial sector is experiencing growth with record-high deposits and increasing trust in the banking system while advancing infrastructure projects and tapping into renewable energy opportunities, according to Keker, Bujkovic & Pejovic Partner Milan Keker.

On 19 September 2024, BDK Advokati celebrated 20 years since its establishment. BDK Advokati Managing Partner Tijana Kojovic and Senior Partner and Head of the Montenegrin office Luka Popovic reflect on this milestone and discuss the journey of the firm, its evolution, achievements, and aspirations for the future.

In the Inside Track, General Counsels across CEE share the nuances of their roles, challenges, and strategies for success. As summer is a time to unwind, we asked: With summer here, what is your one favorite yearly activity to disconnect and switch off?

On November 23, CEE Legal Matters reported that Cobalt had advised BaltCap Latvia Venture Capital Fund and funds managed by Imprimatur Capital, together with other shareholders, on the sale of Blue Bridge Technologies to Everfield. CEE In-House Matters spoke with Henning Schreiber, Head of Acquisitions at Everfield, to learn more about the acquisition.