Dragne & Asociatii has promoted Mihai Iorga to Partner.

The acquisition by a joint-stock company of its own shares, also known as share buy-back, is permitted under Romanian law, as provided by Articles 103 – 109 of the Companies Law no. 31/1990 (“Companies Law”). The operation is, however, limited by certain conditions, based on reasons such as the goal to avoid speculation by the company on the price of its own shares or the difficulty to accept that the company can be, at the same time, a shareholder (being thus both debtor and creditor)[1].

SSK&W has advised bValue on its partnership with Benefit Systems for the acquisition of a majority stake in Wellbee. Lawmore advised Wellbee. PwC Legal advised Benefit Systems.

Kinstellar has advised Eleven Ventures on an investment in Cloud Office.

If you manage an alternative fund under Section 15 of the Czech Act on Investment Companies and Investment Funds (ZISIF), you will need to comply with new legislation by 31 December 2024. Every manager will be required to amend the name of their company to include the term "venture capital entity", while the word "fund" must be removed.

CMS has advised Goldbach Group on the sale of Goldbach Austria to Azerion.