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36 New Articles

Following the previous amendment to the Civil Code, consumer protection rules on defective performance have already been extended to small and medium-sized enterprises (SMEs). This is now complemented by SMEs' eligibility for mandatory guarantee rights and their ability to initiate proceedings before the conciliation board.

Baker McKenzie Ukraine Partner and Head of IT/TMT Oleksiy Stolyarenko discusses TMT in Ukraine in the year past and the one ahead.

Baker McKenzie has advised R.Power Renewables on a PLN 181 million project financing provided by Bank Millennium, supporting a portfolio of solar photovoltaic projects in Poland with a total capacity of 71 megawatt-peak. Greenberg Traurig advised Bank Millennium.

Rymarz Zdort Maruta has advised the majority shareholders of OSHEE Polska, including founders Dariusz Galezewski and Dominik Dolinski, on the sale of a minority block of shares in OSHEE to MidEuropa Partners, in connection with Innova Capital’s exit. Baker McKenzie advised MidEuropa Partners.

CMS has advised a consortium comprising Advent, FedEx, A&R Investments, and PPF Group on its conditional agreement for a recommended all-cash offer for InPost. Baker McKenzie advised FedEx. Skils, working with Rutgers & Posch, and White & Case advised the PPF Group. Weil and De Brauw Blackstone Westbroek advised Advent and the consortium as well. Elvinger Hoss Prussen reportedly advised the consortium. Stibbe reportedly advised InPost.

Under the latest amendment to Act LXIX of 2024 ("Cybersecurity Act"), enterprises that qualify as large enterprises solely due to their partner or linked enterprises but do not, on their own, meet the thresholds for medium-sized enterprises are now excluded from the scope of the Cybersecurity Act.

Baker McKenzie has advised Kingspan Group on securing a recommendation from Ukraine’s Ministry of Economy, Environment, and Agriculture for state support under the Law “On State Support for Investment Projects with Significant Investments.”

After the full-scale invasion of Ukraine and the resulting large-scale destruction, hundreds of social and infrastructure facilities were either completely destroyed or damaged, requiring restoration and reconstruction. This will demand significant investment, and government funds alone will not suffice. Therefore, attracting private capital is essential. The most effective mechanism for doing so is the public-private partnership (PPP), which Ukraine now identifies as one of its key legal tools for post-war recovery.

Turunc has advised Lowercarbon Capital on its investment in Getmobil in a round that also included International Finance Corporation, 2150, and existing investors. Paksoy reportedly advised IFC. Baker McKenzie's Turkish affiliate law firm Esin Attorney Partnership reportedly advised Getmobil. 

The latest amendment to the Hungarian Competition Act (defined below) introduces a new tool enabling the Hungarian Competition Authority (HCA) to intervene in the construction and mining sectors, even in the absence of any competition law infringement. If the HCA identifies, during a prior accelerated sectoral investigation, undertakings of paramount significance for competition across markets and determines that competition is likely to be significantly and continuously restricted or distorted as a result, the HCA may impose behavioral or structural obligations on these construction and mining undertakings.

Turunc, working with Kerr, Russell, and Weber, Dentons, Trench Rossi Watanabe, and Baker & McKenzie Abogados, has advised Android Industries on its sale to Detroit Manufacturing Systems. Aya Law Firm, working with Foster Swift Collins & Smith, reportedly advised Detroit Manufacturing Systems.

Allen Overy Shearman Sterling has advised Bank Pekao on its issuance of EUR 500 million tier 2 subordinated callable fixed-to-floating notes due 2036, issued under the bank’s EUR 5 billion Euro Medium Term Note Program. Baker McKenzie advised the joint lead managers.

CMS has advised the management team of Frauscher Sensor Technology Group on the sale of the company to Wabtec Corporation. Baker McKenzie, Buterin & Partners, and Karanovic & Partners advised Frauscher shareholder Delachaux. Reportedly, Jones Day's Frankfurt office advised Wabtec while Trench, Rossi, Watanabe and Khaitan & Co advised Delachaux as well.

Ukraine’s legal market continues to operate under the shadow of the war, where reconstruction planning and defense-sector expansion dominate nearly every strategic discussion, according to Baker McKenzie Partner Lina Nemchenko, who observes that both clients and law firms are positioning themselves for the post-war landscape.

Baker McKenzie at a Glance

Baker McKenzie brings insight and foresight to clients across more than 70 global offices. Our team of 13,000 people, including over 6,500 lawyers, works alongside our clients to drive growth that is both sustainable – and inclusive. The global business community is more interconnected than ever before. Opportunities and risks spill across different markets, sectors and areas of law, so a connected perspective is essential in delivering business objectives while mitigating risk. Our integrated client solutions provide seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge.

In the Central and Eastern European (CEE) region, Baker McKenzie's expansion remains steadfast, with a thriving team of over legal professionals. Our footprint extends across six offices in Austria, the Czech Republic, Hungary, Poland, Türkiye, and Ukraine. As part of our global network, coupled with well-established partnerships throughout the entire CEE landscape, we proudly stand as one of the foremost international law firms in this dynamic territory. Our reputation as a premier business law firm in CEE is a testament to our extensive experience in advising on a multitude of prestigious projects and nurturing enduring client relationships.

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