DLA Piper has advised Brand24 and its shareholders (including Laeq, Unfold.vc, and Michal Sadowski and Piotr Wierzejewski funds) on the sale of a 57.6% stake to Semrush.

DLA Piper has promoted Ekaterina Larens to Partner in Austria, effective May 1, 2024.

Former Counsel Michal Synowiec has been promoted to a Partner position in DLA Piper's Warsaw-based Employment Law team.

Rymarz Zdort Maruta has advised Polish state-owned company Weglokoks on its acquisition of an 80% stake in Port Polnocny from Belgian group Sea-Invest. DLA Piper advised the seller.

Dentons has advised Santander Bank Polska, Erste Group Bank, and Rand Merchant Bank on their EUR 145.2 million loan extended to EPP and Echo Investment for the refinancing of the Galeria Mlociny shopping center in Warsaw. Clifford Chance advised EPP and Echo Investment.

Wolf Theiss, working with Gleiss Lutz, has advised Bausparkasse Schwaebisch Hall, Wuestenrot & Wuerttembergische, and Bausparkasse Wuestenrot on their sale of a 76.35% participation in Fundamenta-Lakaskassza to MBH Bank. DLA Piper advised MBH Bank.

DLA Piper appointed Partner Marcell Nemeth as the firm's new Head of the Finance Practice.

Hungary’s real estate market has undergone a notable transformation in response to recent economic shocks – war, soaring energy prices, sharp interest rate hikes, and high inflation rates. Initially taking a cautious wait-and-see approach, market players have now shifted toward a more proactive approach, navigating the complex economic environment through innovative strategies. Among these strategies, mixed-use developments have gained traction. They’re seen as resilient to market turbulence but also provide innovative development opportunities and new ways for urban transformation.

DWF has advised German energy company SachsenEnergie on the acquisition of three photovoltaic farms with a total installed capacity of 23.1 megawatts from Onde. DLA Piper advised Onde.

On September 23, 2023, the Act on Preventive Restructuring came into force in the Czech Republic. It transposes EU Directive 2019/2023 on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt, and amending Directive (EU) 2017/1132.

DLA Piper and Rizoiu & Poenaru have advised Affidea Romania on its acquisition of the local network of three Explora clinics in Suceava.

Rymarz Zdort Maruta has advised PUK Empol on its project to construct a Gorlice facility to process the combustible fractions obtained from waste treatment for the production of energy.

DLA Piper advised diagnostic imaging and oncological treatment network Affidea on its acquisition of the Medisport Medical Center in Lublin. Gessel advised MediSport majority shareholder Adam Lewczyk on the sale.

DLA Piper has advised Greek flag carrier Aegean Airlines on the sale of charter operator Animawings to Christian Tour Holding.

DLA Piper has advised Porr AG on its EUR 135 million hybrid bond issuance.

Did you know that, according to the Activity Rankings function of the CEELMDirect website, a total of twenty law firms and seventeen individual lawyers worked on five or more reported Romanian client matters in 2023? 

Continuing our review of 2023, did you know that a total of twelve lawyers worked on seven or more reported client matters in Poland in 2023 – a step up from the ten lawyers who worked on that many in 2022? The 2023 partner leaderboard was led by Tomasz Rogalski of Norton Rose Fulbright, who worked on a market-leading 15. Clifford Chance’s Andrzej Stosio, whose 11 reported deals in 2022 led the market, repeated that number in 2023, tying him for second place with White & Case’s Marcin Studniarek.

Since the beginning of the year, the Government has modified the previous legal environment concerning the development of wind power plants in several areas to increase wind power capacity. According to the Ministry of Energy's communication so far, wind power capacity is expected to increase to around 1,000 MW by 2030.