Considering the current state of affairs in CEE, market dynamics have shifted in terms of where investors are looking for safe investment opportunities, with some sectors seeing steadier capital flows and others struggling. Our experts chart the current hotspots and consider whether the markets are set to shift again.

I wish us wider representation in senior positions in the legal profession, equal treatment, access to promotion, full and effective participation, and equal opportunities for leadership. And I wish for none of us to experience diminished opportunities or unfavorable career limitations because of gender.

Gessel has advised SunRoof on its most recent EUR 13.5 million investment round with the participation of World Fund, Nordic Alpha Partners, and Legal & General Capital.

Dentons has advised Develia on its preliminary agreement for the EUR 70 million sale of the Wola Retro office building in Warsaw with the Adventum Group. Act BSWW advised Adventum.

Norton Rose Fulbright has advised Bank Gospodarstwa Krajowego on financing the construction of a 7-megawatt wind farm sponsored by Budimex.

Norton Rose Fulbright has advised mBank on financing the construction of the 18-megawatt Cyranka PV project sponsored by ONDE. Allen & Overy advised ONDE.

BNT Attorneys in CEE have joined forces with Poland's BSJP. The move also involves the combination of BSJP with long-time BNT Polish member firm Neupert Zamorska & Partnerzy, with the resulting firm set to operate as BSJP BNT Brockhuis Jurczak Prusak Sroka Nilsson Zamorska going forward.

Former Wolf Theiss Partner Konrad Kosicki has joined Greenberg Traurig along with his team. Kosicki will head the firm’s Energy and Natural Resources practice and join the ranks of Partners in the firm's Warsaw office.

Grant Thornton has advised the PGD Group on its acquisition of Renault Retail Group Warszawa from the Renault Retail Group.

Crido has advised Poland's LEK-AM pharmaceutical company on obtaining bank financing and grant support to implement its R&D projects.

Soltysinski Kawecki & Szlezak has advised Heineken International on its PLN 1.66 billion acquisition of the remaining 35% stake in Grupa Zywiec through a block trade transaction, public tender offer, and subsequent minority squeeze-out. Drzewiecki Tomaszek & Partners advised Harbin on the sale of a 28.19% block of shares in Grupa Zywiec.

White & Case has advised Towarzystwo Finansowe Silesia on its preliminary agreement with Centralny Port Komunikacyjny for the sale of 38% of TF Silesia's shares in Torpol. Kwasnicki Wrobel & Partners advised CPK.

JDP Drapala & Partners has advised Trei Real Estate on a EUR 40 million financing from the Berlin Hyp real estate and mortgage bank for the company's day-to-day operations.

Taylor Wessing has advised Raiffeisen Bank International and other sellers and creditors on the sale of the Ferio Legnica Shopping Center to the Focus Estate Fund and the transfer of existing financing. Czabanski & Galuszynski reportedly advised the buyer.

On 14 December 2022 the lower house, Sejm, passed a bill on family foundations. The law was then sent to the Senate, where amendments were made to it, now pending before the Sejm. Regardless of these legislative works, it is expected that the law will come into force 3 months after its promulgation. It should therefore be possible to establish a family foundation as early as the first half of 2023. 

Schoenherr and Norton Rose Fulbright, working with Davis Polk & Wardwell and Ashurst, have advised JP Morgan Chase and other financing parties on the refinancing of Diebold Nixdorf debt and the provision of USD 400 million in new capital. Sullivan & Cromwell and K2Legal Korbonski i Partnerzy reportedly advised the borrower.

Former UPC Polska Board Member and Chief Legal, Regulatory, Corporate Affairs Officer Dominika Niewiadomska-Siniecka has joined VeloBank as CEO Advisor, Proxy, and Managing Director.

Domanski Zakrzewski Palinka has advised Polregio on the preparation of framework agreements and tender documentation for the supply of 200 trains.