CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Since the start of the war, Russia has inflicted severe damage on Ukraine’s energy infrastructure, leading to a critical need for comprehensive rebuilding efforts. As a result of the attacks, Ukraine has lost over 9 GW of electricity generating capacities, while local gas production has dropped 5–10 percent.
Dentons has advised JTRE Sports & Entertainment on its acquisition of HC Slovan Bratislava from Elena Hruba, Pavel Hofstaedter, and Eduard Janosik. Gunar Legal & Partners and BDO Legal advised the sellers.
Dentons has advised Yanmar Group on its acquisition of Tedom from the Jet Investment fund. DRV Legal advised Jet Investment Fund.
Deloitte Legal has advised Grenevia on a PLN 850 million financing transaction via a loan agreement with a consortium of Bank Pekao, PKO Bank Polski, and BNP Paribas banks. Dentons advised the banks.
Since the onset of Russia’s February 2022 invasion of Ukraine, Germany has emerged as a steadfast ally, providing extensive support across various domains.
CMS has advised Greykite on the acquisition of a logistics portfolio in Poland. Dentons reportedly advised the unidentified sellers.
Dentons has advised Resource Partners on its acquisition of an 80% stake in Interactive Travel Holdings, the parent company of the Romanian brand Vola.ro and Polish brand FRU.pl, which also operates in Bulgaria and Moldova, from 3TS Capital Partners and the Polish co-founders of FRU.pl. CMS and DLA Piper reportedly advised the sellers.
Dentons has advised AniCura on the acquisition of VetCare Group in Slovakia and the Czech Republic from HardWood Investments. Acres reportedly advised HardWood Investments.
Dentons has advised the sole owner of I.D.C. Holding Pavol Jakubec on the sale of the company to Valeo Foods. A&O Shearman advised Valeo Foods.
Between new consumer class action laws to anticipated reforms in employment regulations, Dentons Czech Republic Co-Managing Partner Ladislav Smejkal highlights reports on how the evolving legal framework could significantly impact businesses, particularly in sectors where consumer protection is paramount.
Schoenherr has advised eSky Group on the financing of its acquisition of Thomas Cook from Fosun Tourism and Culture Group. Deloitte Legal reportedly advised Bank Polska Kasa Opieki and mBank. Reportedly, Dentons' UK office advised eSky Group on the acquisition and Reed Smith advised the sellers.
TGS Baltic, working with Dentons, has advised Siauliu Bankas on a EUR 300 million issuance of 4.25-year senior preferred fixed-rate reset notes. Linklaters and Sorainen reportedly advised the arrangers.
Dentons has appointed Partner Mark Segall as the new co-head of the Banking and Finance practice in Poland. He will lead the department alongside Partner Bartosz Nojek.
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.
The European Union lawmakers have completed the group of many sustainability and circularity-focused initiatives introduced during the last legislative cycle. The Corporate Sustainability Due Diligence Directive (CSDDD) is a significant step towards promoting sustainable and responsible business practices and more transparent company operations. This Directive completes the Corporate Sustainable Reporting Directive (CSRD) from December 2022, which updates the process of how and what companies report in their non-financial statements, according to European sustainability standards.
On August 13, 2024, the Cabinet Ministers of Ukraine (CMU) adopted important resolutions which will accelerate the deployment of renewable energy sources (RES) and distributed generation in Ukraine, namely:
On August 13, 2024, the CMU adopted Resolution N 757-р On some issues of pilot auctions for the allocation of the support quota in 2024 (the “Auction Quota Resolution”).
On August 13, 2024, the CMU adopted Resolution N 756-р On some issues related to the contest for the construction of generating capacity and the implementation of demand-side management measures (the “Contest Conditions Resolution”) setting forth the following conditions for the construction of generating capacity:
Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you.
Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.