CMS has advised Ecosio on its sale to Vertex. DLA Piper advised Vertex.
CMS and DLA Piper Advise on Ecosio's Sale to Vertex
Walless and Cobalt Advise on Affidea Lietuva's Acquisition of Synlab Lietuva
Walless has advised Affidea Lietuva on its acquisition of the Lithuanian business of Synlab Lietuva. Cobalt, working with CMS' office in Germany, advised the sellers.
Norton Rose Fulbright Advises Nedbank on Refinancing of EPP Group’s Shopping Centre in Olsztyn
Norton Rose Fulbright has advised Nedbank Limited on the refinancing of EPP Group's retail real estate portfolio, focusing on the Power Park Olsztyn shopping center in Olsztyn, Poland. Dentons reportedly advised EPP. CMS reportedly advised mBank as the existing lender.
Bulgaria is Considering Further Support for Wind Projects and Regulation of BESS
The Bulgarian energy regulator has proposed changes to the Grid Connection Ordinance No. 6, adopted earlier this year, which aim to provide flexibility in the application process, support for wind projects, and further regulation of battery energy storage systems (BESS).
E+H and CMS Advise on Sale of Althan Quartier Project
E+H has advised Baustoff + Metall, RPR Privatstiftung, and Stefan Schoenauer on the acquisition and refinancing of the Althan Quartier in Vienna. CMS advised the sellers – a banking consortium led by Raiffeisen Bank International and including Oberbank, Raiffeisenlandesbanken Steiermark and Oberoesterreich, Volksbank Wien, Sparkasse, VKB, and Hypo Vorarlberg.
CMS and Ellex Advise on TurboVolt's Sale to Eleport
CMS has advised TurboVolt on its sale to Eleport. Ellex advised Eleport and, reportedly, Schoenherr advised Eleport on Austrian, Croatian, and Slovenian law.
CMS Advises Eika Asset Management on Development of Warehouse Park Near Modlin Airport
CMS has advised Eika Asset Management on the development of a warehouse park near the Modlin Airport.
A&O Shearman Advises EcoPro Global Hungary on USD 860 Million Financing for Debrecen Factory
A&O Shearman has advised EcoPro Global Hungary on USD 860 million financing for an EV battery cathode active material manufacturing factory in Debrecen, Hungary.
CMS Advises MND on Acquisition of 50% Share in Oriv Wind Power Plant
CMS has advised MND on its acquisition of a 50% share in the 54.6-megawatt Oriv wind power plant in Ukraine.
Kinstellar and CMS Advise on Sale of ex-Alpha Bank Headquarters in Sofia
Kinstellar has advised Peter Mitev and Big Orange Foundation on the joint venture with Raycho Raychev and Endurosat for the acquisition of a 17,000-square-meter office building in Sofia from Alpha Bank. CMS advised Alpha Bank on the sale of its former headquarters. Yonev Valkov Nenov reportedly advised Raycho Raychev and Endurosat.
CMS and Kambourov & Partners Advise on Greenvolt Next Holding's Acquisition of Greenvolt Next Bulgaria from Greystone Bulgaria
CMS has advised Greenvolt Next Holding on its acquisition of Greenvolt Next Bulgaria JSCo from Greystone Bulgaria. Kambourov and Partners advised the seller.
Bulgaria Opens EU-Funded 3000 MWh Stand-Alone Battery Storage Facility Tender
On 21 August 2024, the Bulgarian Ministry of Energy opened a tender procedure for National infrastructure for storage of renewable energy (RESTORE) for granting stand-alone battery energy storage system (BESS) tender funded under the EU’s Recovery Resilience Facility (the “Procedure”).
Kinstellar and CMS Advise on Mitiska REIM’s Joint Venture with Park Lane Developments for Development of Retail Parks in Bulgaria
Kinstellar has advised the Mitiska European Real Estate Partners 3 on its entry in Bulgaria via a joint venture with Park Lane Developments. CMS advised Park Lane Developments.
CMS Represents MET Suvorovo Wind Park in Claim Against Republic of Bulgaria
CMS has successfully represented MET’s subsidiary MET Suvorovo Wind Park in its claim against the Republic of Bulgaria, represented by the Minister of Finance, for the return of unconstitutional wind taxes imposed by the Republic of Bulgaria back in 2014.
The Digital Euro: A Look at CBDCs in Europe
CMS Hungary Partner Katalin Horvath and CMS Austria Partner Stefan Paulmayer discuss the implications of central bank digital currencies (CBDCs) and the evolving landscape of digital payments in Europe.
A Promising Future for PE and VC Funding in Slovenia
Slovenia’s economy has demonstrated resilience and adaptability, with a projected GDP growth rate of 2.3% in 2024, up from 1.6% the previous year. Inflation has stabilized at around 2.8%, and unemployment is at a historically low rate of 3.7%.
The Debrief: August, 2024
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
CMS Advises Krafton on Acquisition Minority Stake in Far From Home
CMS has advised Krafton on the acquisition of a minority stake in Far From Home game studio.
CMS at a Glance
CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.
CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.
CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.
Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.
In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.