White & Case has advised CEZ Group on the issuance of EUR 750 million in 4.125% sustainability-linked notes due in 2033, under the company’s updated EUR 8 billion EMTN program with CaixaBank, Citigroup Global Markets Europe, Intesa Sanpaolo, Raiffeisen Bank International, SMBC Bank EU, Societe Generale, and UniCredit Bank as the joint lead managers and PKO Bank Polski as co-manager. Dentons advised the banks.

Schoenherr and Cerha Hempel have advised OMV on global regulatory filings, including merger control procedures before the European Commission and national competition authorities, related to the combination of OMV subsidiary Borealis, ADNOC subsidiary Borouge, and NOVA Chemicals. White & Case's Dubai office reportedly advised OMV as well. Freshfields, Gibson Dunn & Crutcher, and Latham & Watkins reportedly advised ADNOC.

Wardynski & Partners, working with Morgan, Lewis & Bockius, has advised Solvd on its acquisition of Tooploox. Marszalek i Partnerzy reportedly advised the sellers.

Greenberg Traurig has advised Cheyne Strategic Value Credit on its private credit investment in LuxVet Group. Rymarz Zdort Maruta advised LuxVet Group.

Sorainen has advised Activate Capital on its investment in Aerones as part of a USD 62 million round. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo reportedly advised Activate Capital as well.

TGS Baltic has advised Lendurai on a EUR 5.5 million investment round led by Expeditions Fund, HCVC, and Vsquared Ventures. Ellex advised the investors.

Kyriakides Georgopoulos has advised Sitecore on the sale of its Moosend business, including both company shares and related assets, to Constant Contact. Bernitsas advised Constant Contact.

Filip & Company has advised Conversion Marketing on the transfer of its Profitshare affiliate marketing activity in Romania and Bulgaria to 2Performant Network.

Kocian, Solc, Balastik has advised J&T on the launch of a bond issuance program for the EMMA Capital investment group. White & Case reportedly advised EMMA Capital.

Oppenheim has advised MagNet Bank on the acquisition of a controlling participation in Polgari Bank. Gardos, Mosonyi, Tomori advised the sellers.

JPM Partners has advised MFI Flex Credit on obtaining a license to operate as a microcredit financial institution from the Central Bank of Montenegro.

White & Case has advised Polski Swiatlowod Otwarty on the acquisition of Elsat from Vectra. Rymarz Zdort Maruta advised Vectra.

Cobalt has promoted former Managing Associate Rauno Ligi to Partner.

Kinstellar has appointed Karla Rundtova as the Co-Head of the firm-wide Automotive & Industrials Sector.

Mihaj, Ilic & Milanovic has promoted Jelena Papic and Bojan Jankovic to Partner.

Skanska Executive Vice President Legal Counsel Tomas Fabian was appointed as the company's new Executive Vice President Operations Czech Republic.

Former Ellex Partner Migle Petkeviciene has joined Sorainen as a Partner.

Rymarz Zdort Maruta has appointed Katarzyna Lukaszewicz as the new Co-Managing Partner of its Financial Regulatory Practice, alongside Partner Lukasz Gasinski.

Liviu Togan has rejoined Musat & Asociatii as a Partner.

Former Vodeno General Counsel Przemyslaw Karolak has joined Aion Bank as its new Deputy Head of Legal.

Elena Stoilova-Dobreva has become a Co-Managing Partner at Tzvetkova & Partners and, as a result, the firm has changed its name to Tzvetkova, Tzvetkov & Dobreva.

Former Akol Partner Tugce Tatari has joined Abdi Ibrahim Pharmaceuticals as its new Legal Director.

Former BD2P Partner Marija Bojovic has established the full-service commercial law firm Bojovic Attorneys at Law in Belgrade.

Co-founded by Partners Adrian Georgescu and Ionut Gont, white collar boutique law firm Georgescu Gont has opened for business in Bucharest.

The Ministry of Justice of the Slovak Republic recently presented a draft of a new legislation governing the Slovak Commercial Register, amending the Slovak Commercial Code and other acts (New Legislation).

The energy sector powers everything around us. Today's civilization consumes more energy in a single second than some ancient civilizations used over centuries.

Interim attachment is a provisional remedy under the Enforcement and Bankruptcy Law No. 2004 [the “EBL”] which individuals or legal entities can request for their monetary claims. Thanks to this institution, the debtor’s assets could be frozen to secure due yet unsecured debts, and as a result, the debtor would be forced to pay its debt.

Back in the article "Transposition of the Corporate Sustainability Reporting Directive in Romania," published in Issue 12.3 of the CEE Legal Matters magazine, we explored the regulatory landscape of ESG in Romania as part of CEELM's market snapshot. Here's a case study of what ESG means in practice, a project started 10 years before the ESG legislation but focusing on the same values and principles.

Diverse trends, selective focuses and energy-efficient solutions will define the real estate market in 2025, according to DLA Piper Hungary's annual real estate intelligence report. Here is a summary of some of the key trends featured in the Hungarian Real Estate Intelligence Report. 

The National Labour Inspectorate's report on the status of equality and discrimination in employment relations for the year 2024 shows that discrimination in the workplace is a hot topic.

Countries in the Central and Eastern European (CEE) region have set ambitious targets to increase the share of renewable energy sources. However, in many cases, there remains a significant gap between planned objectives and the actual installed energy generation capacities. Support schemes implemented in various countries—such as CAPEX subsidies—are increasingly making the sector attractive to investors, which in turn stimulates mergers and acquisitions (M&A) activity. The growing reliance on weather-dependent renewable electricity generation is also driving substantial investment demand in energy storage. Additionally, the region is seeing a rise in R+D projects focused on small modular reactors (SMRs) and alternative fuels, while the Li-ion battery recycling market is expected to experience explosive growth.

In our previous practice, we have assisted clients in the course of implementation of AI systems (“AIS”), i.e., assessment of the impact of risks of AIS, especially in the medical and research sector. While working on these projects, we came to the conclusion that many companies overlook obligations or are not even aware of risks for safety, health and fundamental human rights which are tied to the implementation and use of high-risk AIS and can result in significant compliance risks under the applicable legal framework.

As part of the broader effort to harmonise national legislation with the EU General Data Protection Regulation, the Albanian Data Protection Commissioner issued Instruction No. 2, dated 30 April 2025 (Instruction No. 2), on the protection of personal data in the health sector. This Instruction repeals the previous 2020 framework and establishes a comprehensive set of rules governing the collection, use, and disclosure of health and genetic data.

“To comply with the cybersecurity requirements of the NIS2 directive, affected businesses may get an additional six months to prepare,” announced the Supervisory Authority for Regulatory Affairs of Hungary (SZTFH) in a statement on 5 May 2025.

Digest of recent legislative developments in the fields of energy and natural resources.

On 26 May 2025, the Hungarian Government published Government Decree 110/2025. (V. 26.) (the Decree), introducing a mandatory centralised inventory management regime for medical consumables used by public healthcare institutions. The Decree amends the regulatory framework under:

AIR ARABIA WAS FOUND COMPLIANT DURING A RECENT PROCEDURE OF PROTECTION OF PERSONAL DATA ACROSS THE EU

bpv Huegel successfully advised RWA Raiffeisen Ware Austria Aktiengesellschaft (RWA) on the sale of its share in AUSTRIA JUICE GmbH to AGRANA Beteiligungs-Aktiengesellschaft.

RWA eGen completes the purchase of shares in RWA AG from BayWa AG. The acquisition financing was structured and provided by Raiffeisen Bank International AG.

bpv Huegel is delighted to appoint Johannes Mitterecker as a partner. He works in the Corporate Law/M&A practice group and specialises in M&A transactions, restructuring and sports law.

RTPR has assisted the syndicate of banks in connection with a RON 3.1 billion syndicated loan granted to Electrica.

From the 1st May, 2025 Markian Malskyy becomes the new managing partner of ARZINGER, replacing Timur Bondaryev, founding partner. Timur Bondaryev has held this position almost ever since the firm was founded 23 years ago and, together with other partners, has built a strong legal brand.

This makes bpv Huegel’s tax practice top-ranked in Chambers Europe. This confirms the leading position of bpv Huegel in tax law advice.

EAVISTA is acquiring 75.1% of the shares in card complete Service Bank AG from UniCredit Bank Austria and Raiffeisen Bank International.

We are delighted to announce that PRK Partners has been shortlisted with other three international law firms operating on the Czech legal market as finalists for the Czech Republic Law Firm of the Year 2025 in the 26th annual IFLR Europe Awards.

The Antimonopoly Office of the Slovak Republic (PMU) imposed a fine of EUR 675,200 on United Classifieds s.r.o. for a serious breach of competition rules, namely for abuse of a dominant position on the online real estate advertising market.

RTPR announces the promotion of Bogdan Cordos to Partner. He joins the team of 8 partners consisting of Costin Taracila, Victor Padurari, Alexandru Retevoescu, Mihai Ristici, Valentin Berea, Roxana Ionescu, Alina Stavaru and Cosmin Tilea.

The bpv Huegel team led by Elke Napokoj advised the founder and the shareholders of EVK DI Kerschhaggl GmbH (“EVK”).