Gecic Law, working with Clifford Chance, has advised Telekom Srbija on its acquisition of Eon TV International from United Group as part of a deal that also saw United Group sell SBB Belgrade to e& PPF Telecom Group. Kinstellar, working with Sullivan & Cromwell, advised e& PPF Telecom Group. Moravcevic Vojnovic and partners in cooperation with Schoenherr, working with Kirkland & Ellis, advised United Group.

Turunc has advised Netcad on its pre-IPO funding round with Hedef Portfoy, Findoor Girisim Sermayesi Yatirım Fonu, Ral Girisim Sermayesi Yatirim Ortakligi, and two Neo Portfoy funds participating. Atar Avci reportedly advised Hedef Portfoy.

Allen Overy Shearman Sterling has advised Doosan Skoda Power on its CZK 2.53 billion initial public offering on the Prime Market of the Prague Stock Exchange. Clifford Chance advised the joint global coordinators Raiffeisen Bank and Wood & Company.

Akol has advised Visne Madencilik on its initial public offering and listing on Borsa Istanbul.

Schoenherr, working with Ashurst, has advised Aviva Investors on the acquisition of a 51% majority shareholding in Connected Infrastructure Capital.

NKO Partners has advised CTP on the acquisition of land in Kragujevac, Serbia, from Stellantis’ subsidiary Fiat Srbija. Karanovic & Partners advised Fiat Srbija.

Dentons has advised Piraeus Bank on project financing for a solar power plant developed by Metlen Energy & Metals in Romania.

Paksoy, working with Linklaters' Brussels office, has advised Ontex Group on the sale of its Turkish subsidiary Dilek Grup. Peynircioglu Erem advised the buyers.

Addleshaw Goddard has entered the Polish market via an agreement with Linklaters to transfer the former's Warsaw office.

Bulboaca & Asociatii has advised Superbet Group on a EUR 1.3 billion investment from American investment funds Blackstone and HPS Investment Partners.

Norton Rose Fulbright's Turkish affiliate law firm Pekin Bayar Mizrahi has advised the Cleversoft Group on its acquisition of Fineksus from Ahmet Vefik Dincer and Mehmet Ali Tombalak. Bener advised the sellers.

Cytowski & Partners has advised Latvian Trace Space on its USD 4 million seed round with Berlin-based Cherry Ventures. Goodwin Procter reportedly advised Cherry Ventures.

Kolcuoglu Demirkan Kocakli has promoted Busra Ozden to Partner.

Addleshaw Goddard has entered the Polish market via an agreement with Linklaters to transfer the former's Warsaw office.

Former Pearson Legal Director Dinc Sanver has joined PwC Turkiye as its new Director of the Legal Department.

Former Metrostav in-house Counsel Hana Nevralova has joined JSK as a Partner. At the same time, the firm elevated former Managing Associate Daniel Pospisil to its partnership ranks as well.

Peterka Partners has opened a new office in Rzeszow, the capital of the Subcarpathian Voivodeship near the Polish-Ukrainian border.

Kyrylo Kazak has become the new Managing Partner of KPD Consulting, taking over from Ihor Kalitventsev.

Former BASEAK Partners Gulistan Baltaci Hatay and Semih Sander have joined Esenyel & Partners as Partners.

Binder Groesswang has promoted Mona Holzgruber to Partner.

Filip & Company has elected its new management team which will be led by Co-Managing Partners Cristina Filip and Alexandru Birsan for a period of four years.

Eva Kovacs has joined Jalsovszky as a Managing Associate and the firm’s new Head of Real Estate Practice.

Former Binder Groesswang Partner Philipp Kapl has joined Kinstellar as a Partner.

Jipyong Partner Ji Hye Lee has joined Oppenheim’s Korea desk in Budapest.

In 2024, EU data protection authorities imposed a total of EUR 1.2 billion in fines. This brings the total value of fines to EUR 5.88 billion since the GDPR became applicable, DLA Piper's latest report reveals.* The technology sector has been hit the hardest, with data protection focusing on managerial responsibility and privacy issues in AI tools.

Last year, a new regulation on artificial intelligence (“AI Act”) was published in the Official Journal of the European Union. This new AI Act lays down legal framework for the development, placing on the market, putting into service and use of artificial intelligence systems (“AI systems”) in the EU, in order to, inter alia, promote the uptake of human centric and trustworthy artificial intelligence, protect against harmful effects of AI systems and to support innovation.

Recently, more and more European environmental regulations have been issued, that are directly binding and applicable, with the aim of achieving a circular economy and climate neutrality within a specified period.

1 January 2025 marked the entry into force of the obligation for Romanian established taxpayers that carry out taxable operations in Romania to report in the Romanian invoicing System the invoices issued in B2C transactions.

The Hungarian Government has made a significant amendment just weeks into 2025 by increasing the VAT exemption threshold for small and medium-sized enterprises (SMEs). Despite the autumn tax package for 2025 remaining silent on this matter, the new limit has been set at HUF 18 million, up from the longstanding HUF 12 million. This increase applies retroactively from 1 January 2025. Taxpayers have until the end of February to opt in for the exemption.

A new regulation, in force from January 28, 2025 establishes additional obligations and reporting requirements on Romanian companies with 50 or more employees in respect of hiring disabled people.

At the beginning of each year Bulgarian Competition Protection Commission announces (the “CPC”) its priorities. The priorities for 2025 do not differ very much from those set in the previous years and show consistency.

In terms of competition, the year 2024 was marked by 2 important milestones – the first part of the year, until the appointment of the new Plenum of the Competition Council, during which the authority focused on finalizing some internal issues (rulings and other procedural matters), and the second part of the year, when the new Plenum of the Competition Council started its activity, showing the first signs of the strategy for the next two and a half years.

The Export Credit Insurance Corporation (Korporacja Ubezpieczeń Kredytów Eksportowych; "KUKE") is the only export credit agency in Poland providing export insurance for trade security in high-risk markets guaranteed by the Polish State Treasury, regulated by the Polish Act of 7 July 1994 on Insurance Guaranteed by the State Treasury.

Captive insurance has experienced significant growth globally in recent years, driven by hard market conditions, emerging risks and increased volatility. Statistics reveal a steady increase in the number of captives over the past four years, rising from 5,879 in 2020 to 6,181 by the end of 2023, according to the Captive Managers and Domiciles Rankings + Directory 2024 published by Business Insurance.[1] Captive insurance companies are also increasingly used by Forbes 1000 and Fortune 500 companies to manage complex and emerging risks.

As the first publicly listed Bulgarian company in the gaming industry, Telematic Interactive Bulgaria has set its sights on aligning employee engagement with corporate growth through an ambitious Employee Stock Ownership Plan (ESOP). Being part of the team that advised Telematic on this project, in this article, I’ll provide a detailed look at the motivations behind this decision, the structure of the ESOP, and the intricate legal challenges faced during its implementation.

Today, the Chamber of Deputies approved in the third reading an amendment to the Legal Profession Act. The amendment brings a number of significant changes to the practice of the legal profession in the Czech Republic.

The Antimonopoly Office of the Slovak Republic (PMU) imposed a fine of EUR 675,200 on United Classifieds s.r.o. for a serious breach of competition rules, namely for abuse of a dominant position on the online real estate advertising market.

RTPR announces the promotion of Bogdan Cordos to Partner. He joins the team of 8 partners consisting of Costin Taracila, Victor Padurari, Alexandru Retevoescu, Mihai Ristici, Valentin Berea, Roxana Ionescu, Alina Stavaru and Cosmin Tilea.

The bpv Huegel team led by Elke Napokoj advised the founder and the shareholders of EVK DI Kerschhaggl GmbH (“EVK”).

A transaction team of bpv Huegel advised RWA Raiffeisen Ware Austria Handel und Vermögensverwaltung eGen (RWA eGen) on the acquisition of shares in RWA Raiffeisen Ware Austria Aktiengesellschaft (RWA AG) from BayWa Aktiengesellschaft (BayWa AG).

RADULESCU & MUSOI provided comprehensive legal support for the successful completion of the transaction through which DigiRay, whose majority shareholder is the investment fund Black Sea Fund, acquired the three Maraffka clinics in Ploiești.

Schoenherr has won Best Law Firm of the Year at the 2024 CIJ Awards Hungary gala in Budapest. In the last three years, Schoenherr's real estate practice has played a prominent role in landmark deals in Hungary. 

IMMOFINANZ takes further step to optimise group structure. IMMOFINANZ Group holds 100% of the shares in S IMMO following completion of the squeeze-out.

RTPR announces the successful closing of a new M&A transaction in the energy industry, the sale of the renewable energy portfolio of Evryo Group, owned by funds managed by Macquarie Asset Management, to PPC Group.

Nechala and partners advised the seller, Mr. Heimo Wallisch, on the successful sale of EASYS s. r. o.

Vienna, 04 November 2024. The experienced tax partner Nicolas Wolski (42) will take over as Head of Tax at bpv Huegel with November 2024.

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.