Rymarz Zdort Maruta, working with Weil Gotshal & Manges, has advised TCV on the accelerated bookbuilding process for Grupa Pracuj shares.

Greenberg Traurig has advised KI Chemistry on further acquisitions of shares in Ciech to reach over 95% of voting rights in the company.

Baker McKenzie has advised Europejski Fundusz Leasingowy on its PLN 340 million bond issuance as part of the company's PLN 2 billion issuance program. The firm also advised dealer and issuance agent mBank.

B2RLaw has advised Everfield UK Limited on its acquisition of Polish worktime planning software company Grafik Optymalny.

Former Willis Towers Watson Regional Compliance Business Partner Maciej Hajewski has joined the PIB Group as its Group Head of Risk and Compliance - Europe in Poland.

The amendment to the Code of Commercial Companies (CCC), which came into force on 15 September 2023, introduced the possibility of dividing commercial companies by separation – that is, in essence, the creation of subsidiaries within which property can be transferred using the principle of general succession. A number of changes have also been introduced with regard to international and domestic mergers.

Schoenherr, working with Hamburg's Lawentus, has advised Frankfurt-listed Beta Systems Software on the full acquisition of Polish software company InfiniteData from its founders. Domanski Zakrzewski Palinka reportedly advised the sellers.

Dentons has advised Syntaxis Capital on its investment in the LuxVet Group. Tomczykowski Tomczykowska adivsed LuxVet Group investor Cornerstone Investment Management. SSW Pragmatic Solutions advised LuxVet.

Clifford Chance has advised Hillwood on the acquisition of the Hillwood & LCube Wroclaw East industrial and warehouse complex property from LCube. Grzesiak & Partners advised LCube.

Clifford Chance has advised UniCredit and the other dealers on an update to Bank Millennium’s EUR 3 billion EMTN program and two related transactions: a EUR 400 million issuance of fixed to floating rate senior non-preferred notes; and a EUR 100 million private placement of senior non-preferred notes. Allen & Overy reportedly advised the issuer.

Musat & Asociatii has advised Naxxar Renewable Energy on the sale of a 60% stake in the 685.6-megawatt Naxxar Wind Farm Four in Tulcea County to Polenergia, with an option for the remaining 40%.

B2RLaw has advised Danish wind turbine manufacturer Vestas on its acquisition of the ST3 Offshore factory in Szczecin – which had gone bankrupt in 2020 – during the sixth tender for its sale. 

Baker McKenzie has advised Echo Investment Group companies Grupa Archicom, Echo Investment, and DKR Echo Investment on offering 10 million new shares in Archicom and DKR's sale of 6.1 million existing shares. The PLN 220 million transaction was managed by the PKO BP Brokerage Office.

Sobczynscy i Partnerzy has advised SmakMak on its purchase of a production plant in Poniec from companies belonging to the Mroz Group. 

The Polish Ozog Tomczykowski law firm has changed its name to Tomczykowski Tomczykowska, with Irena Ozog stepping down and Anna Turska-Tomczykowska rising to the rank of Managing Partner. Pawel Tomczykowski will continue on as Managing Partner as well.

Wardynski & Partners, working with Freshfields Bruckhaus Deringer, has advised the Bauer Media Group on the merger of its online comparison platform business with that of the Netrisk Group.

What regulatory changes can issuers expect? For the Polish capital market, recent years have been quite intense, primarily in terms of amendments to regulations, both domestic and EU. The most significant changes in these regulations can be expected at the end of 2023.

Szybkowski Kuzma Jelen Brzoza-Ostrowska has advised industrial developer Panattoni on its approximately EUR 100 million sale of three industrial parks: the 37,600-square-meter Panattoni Park Zory, the 42,000-square-meter Panattoni Park Poznan XIII, and the 56,000-square-meter Panattoni Park Lodz A1. Greenberg Traurig advised the undisclosed buyer.