Corporate/M&A

Kinstellar Advises MVM on Increasing Its Stake in Two Serbian Energy Infrastructure Companies

Kinstellar has advised Hungary’s state-owned energy company MVM on the acquisition of a majority stake in Serbia’s Energotehnika Juzna Backa and Elektromontaza Kraljevo from Maneks, increasing its shareholding from 33.4% to 60%.

Addition to Law No. 7764, Dated 02.11.1993 “On Foreign Investments”, as Amended.

On 03.07.2025, the Albanian Parliament approved Law No. 56/2025, adding a new provision to Law No. 7764, dated 02.11.1993, “On Foreign Investments”, as amended. This law was published in the Official Gazette on 11.07.2025.

Cerha Hempel, Baker McKenzie, and Saxinger Advise on Worthington Cylinders' Sale of Alternative Fuels Business to Hexagon Composites

Cerha Hempel has advised Worthington Enterprises subsidiary Worthington Cylinders on the sale of its alternative fuels business to Norway-based Hexagon Composites. Baker McKenzie advised Worthington Enterprises. Saxinger advised Hexagon.

Zornada and Krehic Advise Croatia Osiguranje on Share Transactions with Adris Grupa

Law Office Zornada and Law Office Krehic have jointly advised Croatia Osiguranje on two related transactions carried out with Adris Grupa, including the sale of a minority shareholding in Professio Energia, listed on the Zagreb Stock Exchange, and the acquisition of a minority stake in Sava Re, an insurance company listed on the Ljubljana Stock Exchange.

Closing: Alpha Bank and Alpha International Holdings' Sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania Now Closed

On July 22, 2025, Clifford Chance announced that Alpha Bank and Alpha International Holdings' Sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania (as reported by CEE Legal Matters on March 17, 2025) has now closed.