CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
An FDI notification obligation arises if a foreign investor - whether from a third country (non-EU) or, in certain cases, from an EU Member State, EEA State, or Switzerland - acquires a shareholding or influence in a Hungarian company operating in a strategic sector, based on the Hungarian Government Decree 561/2022 (XII. 23.) on FDI rules.
Papapolitis & Papapolitis has advised UK-based Dukes Education on its acquisition of Mandoulides Schools from Mandoulides Holding Societe Anonyme. Bernitsas advised the sellers.
Vukmir + Associates, working with Niederer Kraft Frey and Lupp & Partner, has advised Helsana on its acquisition of Adcubum from TA Associates. Baer & Karrer reportedly advised TA Associates.
Law Office Zornada and Law Office Krehic have jointly advised Metkovic on the merger of five regional water suppliers, a capital increase, and the contribution of water supply infrastructure into the company’s share capital.
Budapest-based Dentons Partner Rob Irving has been reappointed as the Co-Head of Corporate and M&A, while Warsaw-based Partner Agnieszka Stefanowicz-Baranska has been appointed the Co-Head of the Competition and Antitrust practice.
Lexist has advised Efor Holding subsidiary YMN Icecek Gida on the acquisition of Of Caysan Tarim Urunleri Entegre Tesisleri Sanayi ve Ticaret from Jacobs Turkiye and has also advised both YMN and OfCay as borrowers on the acquisition financing provided by Turkiye Is Bankasi. Allen Overy Shearman Sterling’s Turkish affiliate Gedik & Eraksoy advised Jacobs Turkiye. Ergun advised Is Bankasi.
Dentons’ Turkish affiliate law firm Balcioglu Selcuk Eymirlioglu Ardiyok Keki has advised Revo Capital on its USD 3.5 million investment in Virgosol. Karacam & Sir advised Virgosol.
