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Cerha Hempel Spiegelfeld Hlawati has advised Fosun Industrial Holdings Limited, a private Chinese corporate conglomerate, on its takeover of the Wolford AG textile group, which is headquartered in Vorarlberg, Austria. Wolford AG was represented by Weber & Co and the selling core shareholder group was advised by Kuhn Rechtsanwalte.

Mrowiec Fialek and Partners has advised the Argus Capital private equity fund on the sale of its minority stake in KCR S.A. to an unnamed buyer. KCR was advised by Weil, Gotshal & Manges.

Goltsblat BLP has advised the shareholder of Tymensky Fanerny Zavod (Tyumen Plywood Plant), a plywood producer in Russia’s Western Siberia, on the sale of the company's 100% stake to SVEZA, a global producer of birch plywood. SVEZA was advised by Baker McKenzie. 

Allen & Overy has advised International Campus Group, a Munich-based specialist for micro-living products, on its expansion to the Czech Republic.

Eucon has successfully represented EUROL in a dispute case against the SFS of Ukraine regarding about the allegedly illegal reduction of its VAT refund of UAH 4.2 million at the Kiev Administrative Court of Appeal.

Karanovic & Nikolic has advised Alltech, a global animal and crop nutrition company, on selling its baking yeast factory in Senta, Northern Serbia, to Lesaffre, a global baking yeast and fermented products company. Lesaffre was advised by Linklaters Brussels. 

Kochanski Zieba & Partners and Ropes & Gray International have advised the US investment firm Davidson Kempner Capital Management on the GBP 180 million financing granted to Pepkor Europe of the Steinhoff Group. Pepkor Europe was represented by DWF and Stolarek & Grabalski.

Suciu Popa’s dispute resolution team has successfully represented an Enel Group company at the Romanian High Court of Cassation and Justice in a matter involving the issuance of green certificates for a wind energy production project.

Noerr has advised Prologis on the sale of Prologis Park Hegyeshalom, in Hungary, to Horvath Rudolf Intertransport Kft. The buyer was represented by Deloitte Hungary.

Dispute Resolution lawyer Alexander Popelyuk and IP lawyer Boris Malakhov have been promoted to Partner at Lidings. 

Martin Severa has joined CEE Attorneys Prague office as a partner and the new head of real estate.

Eisenberger & Herzog has announced that Austrian lawyer will join the firm as a Partner on April 1, 2018.

Ekaterina Rudova has joined Integrites as a Partner in the firm’s Moscow office.

Turkey's Cakmak Law Offices, which after many years as the preeminent firm in Ankara just launched its new Istanbul office last week, has announced that it will join forces with the Serap Zuvin Law Office on April 1, 2018, and that going forward, the two teams will operate under the Cakmak Law brand.

Russia's KIAP and Architecture of Law tax boutique have announced a merger that will result in Architecture of Law becoming part of KIAP’s professional team.

Adam Kosciolek has left Krakow's Kurek, Kosciolek, Wojcik law firm, which he co-founded, to join Kochanski Zieba & Partners as Partner.

Ivanyan & Partners has promoted Counsel Sergei Kushnarenko to Partner. 

Warsaw law firm Galt Legal has announced that it changed its name to Argon Legal Adam Milosz i Slawomir Lisiecki sp.k.

After the regulation on the commissioning of construction works received a (to a certain extent welcome) facelift in 2017, the Romanian legislator has turned its attention once again to the fundamental regulations regarding the authorization and execution of construction works.

On October 15, 2017, the Council of State (“Court”) upheld1 the Turkish Competition Board’s (“Board”) 2014 decision on Turkiye Petrol Rafinerileri A.S. (“Tupras”)2.

The Lithuanian energy sector, similarly to the European Union’s, faces the challenging task of finding effective and competitive way to transition to clean energy, while at the same time ensuring a secure energy supply. Energy efficiency, renewable energy, and prosumers are first priorities.

Macedonia has started the process of liberalizing and privatizing the energy market as an obligation deriving from the Treaty establishing the Energy Community signed on October 25, 2005 in Athens (the “Treaty”).

One of the most significant trends in Ukraine’s legal environment in 2017 has been the active implementation of corporate law reform and, in particular, the improvement of the corporate governance of state-owned enterprises (SOEs).

Despite the severe economic crisis Greece has been facing over almost a decade, the country’s performance in dragging in foreign investment throughout the years has established a rather impressive track record. So far, 2017 has definitely been a year of increased economic, commercial, and corporate activity, and of gradually improving financial circumstances.

It is an outdated understanding to think only of public companies when talking about corporate governance principles. Turkey has always been a center of attraction for foreign investors – the last quarter century in particular was a peak point for M&A transactions and helped change the concept of “family-owned companies” to “multinational companies.” Family-owned companies managed according to traditional principles found themselves in the brand-new corporate world of “partnerships” built upon shareholder agreements.  

A reputable international business journal once described Croatia as an “economic and political basket-case.” Nowadays, it is becoming increasingly difficult not to agree with this impression. Open any newsfeed or any business journal, or Google top stories related to Croatia, and chances are you’ll stumble across at least one article about Agrokor. The headlines are something along the lines of “To house 15,000 creditors for the largest creditor’s meeting ever, Agrokor considers renting a stadium in Zagreb.“ 

Venture capital investments in Bulgarian start-ups are on the rise, and modern legal structures such as share option plans and convertible notes can, if local law peculiarities are taken into account, be applied in the country.

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“Kosovo has attractive legislation for new businesses,” says Taulant Hodaj, Managing Partner at Hodaj and Partners, “which ensures lots of flexibility for foreign investors to come and start operations in our market. But unfortunately, as in the rest of the Balkan region, also in Kosovo, when it comes to the application of these laws in the courts and other institutions, they don’t have a very effective implementation of the applicable laws.”

Linda Szegvari is the Chief Legal Counsel of MET Hungary, an energy trading company that was established in 2007. The company is a subsidiary of the MET Group, which is present in 28 markets.