BDK Advokati has advised Vision Gaming Holding and the other Digital Revolution shareholders on the sale of Digital Revolution to Singapore-based Fibers PTE.

Djingov Gouginski Kyutchukov & Velichkov has advised Provitech Solutions on its new lease agreement for office premises located on the top floor of the Sofia Tower.

SSW Pragmatic Solutions has advised the Lerg Group on the acquisition of a 76% stake in WeButex Kunststoffbearbeitung. Reportedly, Germany-based Goerg advised the Lerg Group as well, while Ferox Legal advised the sellers.

Paksoy has advised Turkish baby goods retailer Ebebek Magazacilik on its TRY 1.86 billion IPO.

Wolf Theiss, working with Bryan Cave Leighton Paisner, has advised South Korean waste management company IS Dongseo on its acquisition of Slovakia's BTS Technology.

Ijdelea & Associates has advised the Eiffel Investment Group on the creation, financing, and ongoing development of a joint-venture partnership with R.Power Renewables for the development of a one-gigawatt portfolio of solar projects in Romania.

Cerha Hempel, working with Gattai Minoli Partners and Arendt & Medernach, has advised SES Spar European Shopping Centers on its acquisition of Il Grifone shopping center in Bassano del Grappa, Italy, from a company belonging to US hedge fund Marathon. Binder Groesswang, working with Legance, advised the seller. Risk Finance Brokers, acting on behalf of UlysseRe, arranged the warranty and indemnity insurance for the buyer.

Vlasceanu & Partners has advised the Photon Energy Group on its acquisition of two new renewable energy projects in Timis County, Romania, with the group set to further develop and operate them.

Dentons has advised Wavestone on its combination with Q-Perior. Taylor Wessing advised Q-Perior.

B2RLaw, working with Cooley, has advised Sprout Social on its USD 140 million acquisition of Tagger Media, including software developed by Tagger’s Polish IT hub.

Dentons has advised the CPI Property Group on its EUR 635 million three-year bridge loan from Santander, Societe Generale, Komercni Banka, Raiffeisen, SMBC, Barclays, and Erste Bank to replace the group's existing loans related to its recent acquisitions of Immofinanz and S Immo. Linklaters reportedly advised the banks.

Havel & Partners has advised the Czechoslovak Capital Partners investment group on the acquisition of five properties in Hradec Kralove.

Tomas Skoumal has been elected as the new Managing Partner of Baker McKenzie’s Prague office, taking over from Martin Hrodek.

Former Counsels Zeno Grabmayr, Adelina Iftime-Blagean, Maciej Olszewski, Aleksandar Ristic, Bruno Stefanik, and Stefan Wartinger have all become Partners in Wolf Theiss’ respective offices across CEE.

Former Baker McKenzie Turkish affiliate Esin Attorney Partnership Associate Nihat Aral has joined Alcon as a Head of Legal & Compliance in Turkiye.

Former Biris Goran Partner Mariana Signeanu has joined the Bulboaca & Asociatii law firm in Bucharest as a Partner, effective September 11, 2023.

Former Karsan Automotive Head of Legal Ibrahim Onur Baysal has joined Erdem & Erdem as a Partner and Head of the firm's Capital Markets practice.

Lithuania's Ilaw Lextal has announced the promotion of four of its Attorneys to Associate Partner positions – Inga Neniske, Egle Visinskiene, Ramune Saikuviene, and Neringa Gylyte – effective September 2023.

Attorney At Law Jan Exner has joined the Briza & Trubac team in Prague as Head of the firm's Sports Law practice. The move became effective on September 1, 2023. 

Pawel Mruk-Zawirski and Lukasz Walczyna have taken over the leadership of the Financial Regulatory practice and the Debt Capital Markets practice, respectively, in Allen & Overy’s Warsaw office.

Dora Zombori has joined Dentons’ Budapest office as a Partner, to strengthen the firm's Energy and Government Affairs practice.

During the Three Seas Initiative annual general meeting in Bucharest in September 2023, Austria's Dorda, Bulgaria's Boyanov & Co., Croatia's Divjak Topic Bahtijarevic & Krka, the Czech Republic's Kocian Solc Balastik, Estonia's Ellex Raidla, Hungary's Lakatos Koves & Partners, Latvia's Ellex Klavins, Lithuania's Ellex Valiunas, Poland's Wardynski and Partners, Romania's Nestor Nestor Diculescu Kingston Petersen, Slovakia's Barger Prekop, and Slovenia's Selih & Partnerji announced they formed the Three Seas Legal Alliance, in recognition of the progress made by the Three Seas Initiative.

Former Alto Partner Piotr Orczykowski has joined DZP Domanski Zakrzewski Palinka as a Partner alongside a five-person team.

DWF has announced that former Mostostal Warszawa Legal Department Director Marcin Bisikiewicz will soon be joining the firm's Dispute Resolution and Arbitration department in Poland as a Partner.

Corporate reputation is an organisation's most valuable intangible resource and may be defined as the public perception of the company and how it operates. It has its monetary expression and influences financial and social capital as well as market share. It can be positive and negative. Reputation is an essential aspect of any business. In today's digital age, a company's reputation can be easily tarnished through websites, social media, online reviews and news articles.

The Work Program of the Government of Montenegro for 2023 envisages the preparation of a set of draft laws that are in final phase.

Already last year, it was noticeable that after several years of decline, the Hungarian Tax Authority conducts more and more tax audits. In 2022, the number of tax audits increased by 6.2% compared to the previous year. Experience shows that this trend is expected to continue even more strongly this year. The most commonly audited tax category remains VAT.

On 16 September 2023 the Resolution of the Cabinet of Ministers of Ukraine "On Amendments to the Procedure for Payment of Fees for Actions Related to the Protection of Intellectual Property Rights" ("Resolution") will enter into force. The Resolution introduces new fees, provides additional reductions and clarifies existing ones.

What is corporate crime prevention and why is it a necessary "cost"? Depending on the industry in which a company operates in Romania, it is subject to legal obligations whose violation can result in legal liability.

Product liability for products containing artificial intelligence (AI) is a complex and evolving legal area that combines traditional product liability principles with the unique challenges posed by AI technology. Product liability refers to the legal responsibility of manufacturers and sellers for injuries or damages caused by their products.

Open call for granting non-refundable cash incentives and approval of loans with the aim of incentivizing the development of women’s entrepreneurship was published on 28 August as part of Program for incentivising the development of entrepreneurship through financial assistance for women’s entrepreneurship (Program).

On 21 October 2022, the Banking Regulatory and Supervisory Authority (“BRSA”) published BRSA Decision No. 10389 (“Tightening Decision”) to tighten the restrictions set forth under the BRSA Decision No. 10250 dated 24 June 2022 (“Restriction Decision”), which introduced Turkish lira borrowing restrictions for non-financial institutions that are subject to independent audit and BRSA Decision No. 10265 dated 7 July 2022 (“Decision No. 10265” and together with Tightening Decision and Restriction Decision, “Decisions”), which in turn aims to clarify and ensure the effective application of the Restriction Decision.

Social media platforms significantly changed the ways how people express their opinions: sharing views became easier than ever. On the one hand, this is positive, but on the other hand, it is also dangerous in the employment context, as the employee's opinion may be prejudicial to the employer's interests. A recent decision of the Hungarian Supreme Court gives answer to the question whether the employer can dismiss the employee for expressing his opinion on Facebook.

The Government of the Republic of Serbia adopted amendments and supplements to the Excise Law (Law) on 6 September 2023.

Under the current legislation, mediation as an alternative method of dispute resolution is voluntary. The amendments adopted in the State Gazette, No. 11 of 2023, which enter into force on 1 July 2024, introduced two categories of obligatory mediation in civil and commercial court proceedings:

The regulation of artificial intelligence (AI) is not a new issue. We understand that the use of such technologies can bring many benefits - such as better healthcare, safer and cleaner transport system, more efficient production, or cheaper and more sustainable energy - but we also are aware that they can pose significant risks if not properly regulated.