Greenberg Traurig has advised Bogdan and Elzbieta Kaczmarek and the Innova Capital private equity fund on their full acquisition of Pfleiderer Polska and related financing, in a corporate carve-out transaction from the Strategic Value Partners-owned Pfleiderer Group. Rymarz Zdort Maruta and Kirkland & Ellis reportedly advised the seller. Allen & Overy reportedly advised the lenders.

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.

In The Inside Track, General Counsels across CEE share the nuances of their roles, challenges, and strategies for success. Given the importance of relationships between in-house legal departments and law firms, this time we asked GCs: What is the most common reason for which you cease working with a specific law firm and what would you suggest firms definitely do to ensure they do not make the same mistake?

The summer of 2024 will mark the starting point of a revolution for VAT payers in Poland. Following global and EU trends, Poland will introduce mandatory structured invoicing for B2B transactions.

Crido has advised Borgestad ASA on refinancing the credit for the Agora Bytom shopping center with Bank Pekao. CMS reportedly advised the bank.

The sale of popular drinks containing taurine and caffeine, commonly referred to as "energy drinks", has been limited from 1 January 2024 in accordance with provisions introduced in the Act of 17 August 2023 amending the Public Health Act and certain other acts (Journal of Laws of 2023, item 1718).

Wojciech Koczara has joined Andersen’s Polish team as a Partner and will be responsible for the development of the Real Estate and Construction practice of the firm.

CK Legal has advised PCC Rokita on its PLN 25 million issuance of HB bonds with a 74.23% subscription reduction.

BSJP BNT has helped Kapsch Telematic Services secure a public procurement contract for the provision of direct customer support services for the electronic toll collection system of the National Tax Administration in Poland.

Clyde & Co has announced that it will open an office in Warsaw, following the hires of Partners Arkadiusz Krasnodebski, Agnieszka Kulinska, and Radoslaw Goral – alongside a team of 20 associates and counsel.

Attorneys-at-Law Wojciech Kulczyk and Krzysztof Sikorski have been elevated to Partner positions with WKB Lawyers at the start of 2024.

Eversheds Sutherland Poland Founding Partner Krzysztof Wierzbowski has joined Drzewiecki Tomaszek as a Senior Partner.

DWF has advised the shareholders of Auto Partner on the sale of a part of their shares in ABB through an accelerated book-building process.

Greenberg Traurig has advised Capital Park majority shareholder Madison International Realty on the sale of certain assets of the group as part of a management buy-out.

Greenberg Traurig has advised Cyfrowy Polsat on its series F bond issuance with an aggregate nominal value of PLN 400 million.

Allen & Overy has advised EDF Renewables Poland on its acquisition of a 50-megawatt battery energy storage project in Poland.

Wolf Theiss has advised the shareholders of Romania's DRIM Daniel FMCG on the sale of their majority stake in the company to Polish retail company Zabka, part of CVC Capital Partners. DLA Piper advised buyer Zabka Polska.

Kondracki Celej has advised Telemedi founder Pawel Sieczkiewicz and the company’s investors on its sale to Mavie Next. Rymarz Zdort Maruta advised Mavie Next. Balicki Czekanski Gryglewski Lewczuk advised Telemedi investor Adamed Pharma on the sale.