A&O Shearman has advised Polenergia on the PLN 116.5 million financing of the 47-megawatt Szprotawa 1 photovoltaic farm from mBank and Bank Pekao. KLBF Kycia Legal reportedly advised the banks.

Schoenherr has advised Vehis Finanse on two public offerings of debt securities.

Dentons has advised CPI Property Group and its subsidiaries CPI FIM SA and Czech Property Investments on a partnership agreement to sell a 49% common equity stake in CPI Project Invest and Finance to funds managed by Sona Asset Management for EUR 250 million. A&O Shearman and, reportedly, Milbank advised Sona Asset Management. DLA Piper reportedly advised Aareal Bank on the deal.

CMS has advised Austria-based Rail Cargo Group on creating a joint venture with Serbia-based Transfera.

MFW Fialek has advised Langmedia and Tutore Poland on PLN 61.2 million financing from mBank for the buyout of minority shareholders of LangMedia. Gide advised mBank.

Karanovic & Partners has advised BIG CEE on its acquisition of Promenada Novi Sad from NE Property. LEF Attorneys advised NE Property.

Turunc has advised Bogazici Ventures on its follow-on investment in Hiwell in a round that also saw Eksim Ventures, Unlu & Co, and Kinesis Teknoloji Yatirimlari join. Keco advised Hiwell. Gunduz & Gunduz reportedly advised Kinesis.

Wolf Theiss has advised the owners of Kecskemeti Konzerv on the sale of the company to Granit Group's subsidiary Agrar-Finance. Jalsovszky advised Granit Group.

Kinstellar and its Turkish affiliate KST Law have advised Grupo Antolin on the sale of a 45% stake in the Turkish joint venture Ototrim to its JV partner Diniz Holding. SEOR Law reportedly advised Diniz Holding.

DLA Piper has advised Believe on a partnership with Global Records. RTPR advised Global Records.

Taylor Wessing has advised PKO Bank Polski on the financing provided to Panattoni for the development of Panattoni Park Zgierz. Deloitte Legal reportedly advised Panattoni.

Clifford Chance has advised Ceska Sporitelna on the financing of Oriens Group's acquisition of Znojemske Strojirny. GT Legal advised Oriens Group.

Leaua Damcali Deaconu Paunescu has promoted former Managing Associate Andra Soare-Filatov to Partner.

Turkish Lawyer Ozge Ayoz has been appointed to Vice President of Legal for Central Europe, South East Europe and Eastern Europe Market Operations at Procter & Gamble in Geneva.

Former Rowan Legal Of Counsel Lucie Smrkovska has joined CTP as its new Group Director of Legal Leasing in the Czech Republic.

Eversheds Sutherland has elevated Annamaria Tothova, Jana Sapakova, and Petra Hager to Equity Partners of its Bratislava office.

Lakatos Koves and Partners has promoted former Counsel Peter Berethalmi to Partner in the firm’s Corporate and M&A group.

Viliam Mysicka has been appointed as the new Managing Partner of Kinstellar’s Bratislava office and Jan Juroska has taken over as the new Managing Partner of the firm’s Prague office.

Former Everberg Law Firm TMT & Data Protection head Natalia Nader has joined Just Law as a Partner.

DZP has promoted Beata Cieszynska, Anna Okla-Wozniak, Jaroslaw Przybylski, Krzysztof Stecyk, and Maciej Zajda to Partner.

Dunovska & Partners has promoted Vaclav Manek to Partner.

Former Counsels Robert Wippel, Desiree Prantl, and Claudia Fochtmann-Tischler and former Senior Associate Daniel Orosz were promoted to Partners at Baker McKenzie as part of the firm's 2024 promotions round.

Havel & Partners has promoted Jiri Kunasek to Equity Partner and Veronika Bocanova and Ivan Houfek to Partners.

Former Freshfields Bruckhaus Deringer Attorney at Law Sabine Prossinger has joined E+H as a Partner in the dispute resolution practice of the firm.

What is the NIS2 Directive and from when does it apply?

On 3 July 2024, the Austrian National Council adopted the draft COFAG Consolidation Act, which introduces significant changes to the handling and processing of funding claims and refunds by the COVID-19 Financing Agency of the Federal Government (COFAG). This marks a major step towards the final dissolution of COFAG.

On 25 April 2024, Ukrainian Parliament adopted the Law of Ukraine “On Amendments to the Labour Code of Ukraine on Establishing Additional Grounds for Termination of Employment Agreement at the Initiative of the Employer and Certain Other Issues” (the “Law”), which is aimed at strengthening the protection of Ukraine's national security.

Articles 13 and 14, along with other provisions of the EU General Data Protection Regulation (the GDPR), require businesses to provide individuals with comprehensive information about the processing of their personal data.

On 12 April 2024, the Council of the European Union adopted the revised text of Directive 2010/31/EU on the energy performance of buildings (the “Revised Directive”). The Revised Directive was published in the Official Journal of the European Union on 8 May 2024 and Member States will have to transpose it into national legislation within 2 years of its entry into force (i.e. 28 May 2024).

The concept of exhaustion of trademark rights is a nuanced aspect of intellectual property law that might seem counterintuitive to those unfamiliar with the field.

The announcements made by the Hungarian Government on 8 July 2024 envisage a number of new and higher payment obligations, as well as other public taxes and restrictions, that will include a defence contribution, increased administrative fines, extra profit tax, changes to social contribution tax on entering the labour market, transaction and currency exchange levies

In the practice of the Court of Appeal in Belgrade, in the judgment No. Gž1 1900/20 dated 19.03.2021 (“Judgment“), the following position was taken:

As of June 1, 2025, the traditional paper labour book will be phased out in favor of a digital alternative. All employment data will now be maintained in an electronic employment register managed by the National Revenue Agency (NRA). This transition is part of a broader effort to modernize the Labour Code and digitize employment relationships, aiming to eliminate the risks associated with physical document loss and to ensure that data is always current and accurate.

On 5 June 2024, the Czech government introduced a proposal to the Czech Parliament that brings fundamental changes to fleet insurance in the Czech Republic. This proposal provides additional obligations on fleet policyholders. Please see the details below.

The grace period until 30 June 2024 is slowly expiring for manufacturers to market products that do not yet comply with the Deposit Refund System (DRS) rules.

The National Commission for State Regulation of Energy and Public Utilities (NEURC) issued Resolution No. 1172 on 26 June 2024 "On Approval of Amendments to Certain NEURC Resolutions. This resolution allows for the signing of five-year agreements in the ancillary services market by introducing special auctions.

RTPR has assisted Vectr Holdings, through its subsidiary Vectr Realty Holdings, in relation to the indirect acquisition of 100% stake in the company that owns The Landmark from funds managed by Revetas Capital and affiliates of Cerberus Capital Management.

RTPR has assisted Global Records and Stefan Lucian, the founder and CEO of the company, in the process of selling a 25% stake in the company to Believe, one of the world’s leading digital music companies and of setting up the terms of their strategic partnership.

The company transfer also successfully secures the future of SPORT 2000 in Austria.

Delighted to have contributed the chapters on Bulgaria in the latest edition of Chambers and Partners Corporate Governance Global Practice Guide 2024, alongside some of the leading international corporate law firms. Our partners Pavel Hristov and Dragomir Stefanov elaborate on key CG issues.

We are proud to announce that KCG Partners have advised Corvinus Zrt., the Hungarian state-owned investment fund in the strategic acquisition of majority interest of Budapest Liszt Ferenc International Airport.