An economic crisis is definitely upon us. Factors such as inflation, reduced availability of raw materials and skyrocketing material prices and costs triggered by, among other things, the armed conflict in Ukraine and sanctions imposed on the Russian Federation, are having a direct impact on performance of contracts and their profitability. Among those hardest hit in these circumstances are parties to public procurement contracts.

On November 16, CEE Legal Matters reported that Popescu & Asociatii had successfully represented the interests of the City of Sinaia in a construction dispute. CEE In-House Matters spoke with Vlad Oprea, the Mayor of Sinaia, to learn more about the matter.

Former Ellex Raidla Senior Partner Juri Raidla has stepped down from his position on January 1, 2023, to continue as a Counsel with the firm. 

Former Hoogells Lawyer Michal Wojciechowski has joined Eversheds Sutherland as a Counsel and the firm’s new Head of Public Contracts.

The Lambadarios Law Firm and Watson Farley & Williams have advised lead arranger Piraeus Bank on the EUR 425 million project financing for the Thessaloniki Eastern Ring Road to be developed by Avax and Mytilineos following their PPP agreement with the Greek Ministry of Infrastructure and Transport.

Ten Partners at Kochanski & Partners have been elevated to Equity Partner status in 2022. These are: Pawel Cholewinski, Aleksandra Ryzkowska, Jacek Kozikowski, Andrzej Palys, Wojciech Wrochna, Agata Dziwisz-Moshe, Anna Gwiazda, Michal Konig, Pawel Mardas, and Mateusz Ostrowski.