Sayenko Kharenko has advised Piraeus Bank on an agreement with the U.S. International Development Finance Corporation on the provision of a USD 20 million portfolio guarantee to the bank.

TGS Baltic has advised Zalvaris on its EUR 5 million Siauliu Bankas-arranged public bond issuance and the subsequent admission of those bonds to trading on the Nasdaq Baltic First North market by Nasdaq Vilnius.

PHH has advised ATG Entertainment on establishing a new musical theater in Vienna together with the City of Vienna.

Kinstellar, working with Luxembourg-based Brouxel & Rabia, has advised Genesis Growth Equity Fund I on the acquisition of a majority stake in LLP Group from Adam Bager, Tim Smulders, Barbara Dreska, and Jiri Stiller. Wolf Theiss, working with Ashurst, advised the sellers.

JDP has advised Trei Real Estate on EUR 38 million financing from Munich-based Deutsche Pfandbriefbank AG. BNT Attorneys advised Deutsche Pfandbriefbank.

Wolf Theiss has advised Nokian Tyres on a virtual power purchase agreement with Enery. Schoenherr advised Enery.

Bratschi has successfully represented Mabco Constructions in an ICSID investment arbitration against the Republic of Kosovo.

Sadik & Capan has advised Cotcast on an investment round that saw the participation of DCT Trading and angel investors.

Divjak, Topic, Bahtijarevic & Krka, working with Massumi + Consoli, has advised Cuadrilla Capital on its acquisition of Repsly from Resolve Growth Partners. Goodwin Procter reportedly advised Resolve Growth Partners.

Fort Legal has advised on the sale of Zalgirio Verslo Centras to an Aggressive Capital-managed fund.

AP Legal and Dentons have advised NLB Komercijalna Banka Beograd and Nova Ljubljanska Banka Ljubljana on a EUR 89 million facilities agreement to MK Fintel Wind Beograd.

Finreg Partners has advised Fundster on obtaining an investment crowdfunding license in the Czech Republic.

TurkNet has appointed Merve Oney Barlas as its new Chief Legal, Compliance, and Regulation Officer.

Rojs, Peljhan, Prelesnik & Partners has promoted Polona Fink to Partner.

Jeremiasz Kusmierz has been promoted to Partner at Penteris.

Vinzenz Waldhof has been appointed Partner in the Construction & Real Estate team at KWR Karasek Wietrzyk Rechtsanwaelte.

Koutalidis has promoted Senior Associates Dora Karagiorgou and Manolis Kasotakis to Partner as part of its latest promotion round.

Andrzej Debiec, Katarzyna Debinska-Pietrzyk, Wojciech Marchwicki, Piotr Skurzynski, and Agnieszka Szczodra-Hajduk have joined Roedl & Partner as Partners alongside a wider ex-Hogan Lovells team of 14 lawyers.

PRK Partners has announced a partnership with Quantera Global.

Former Novo Nordisk Regional General Counsel and Vice President for legal, compliance, and quality in the Asia Pacific region Meltem Ozker Gunduz has joined GE HealthCare as its new General Counsel.

Former BRD - Groupe Societe Generale Deputy CEO and Head of Legal & Administrative Mihai Selegean has joined Rizoiu & Asociatii as Of Counsel and the firm’s new Head of Financial and Banking Law practice.

Former Skupina Zito Director of Legal Affairs and General Services Tamara Mohoric Selak has joined LON as its new Head of Compliance.

Markiyan Malskyy has returned to Arzinger as Partner and the firm’s new Head of the West Ukrainian Branch as well as the Co-Head of the International Dispute Resolution and Arbitration Practice. 

Former Schoenherr Managing Attorney at Law Andrei Muresan has joined the Tiriac Group as its new Head of Legal - Special Projects.

The German Law on the Corporate Due Diligence Obligations for the Prevent of Human Rights Violations in Supply Chains introduces for the first time the obligation for German companies to comply with certain procedures and rules, implement due diligence obligations and appropriate measures, in supply chains, with the aim of preventing human rights violations and damages to the environment. The mentioned German Law does not have a direct impact on companies in Serbia, so the sanctions prescribed by that Law cannot be enforced in Serbia, however, there is a certain influence on Serbian companies that will need to comply with, for reasons of further cooperation with German companies.

The Austrian Supreme Court (6 Ob 224/23v) recently determined the requirements for a partial transfer of a share if the articles of association expressly stipulate that shares cannot be divided.

The amendment package includes several minor amendments to help interpreting the text of the Hungarian ESG Act, and the provisions of the ESG Act have been brought into line with the content of the regulations supplementing the provisions of the ESG Act in several places. The amendments entered into force on 19 January 2025.

A draft law proposing changes to Law No. 8116, dated March 29, 1996, “The Civil Procedure Code of the Republic of Albania,” has been submitted for approval to the Albanian Assembly. These amendments are part of a comprehensive initiative to enhance the efficiency of the judicial system and improve the overall quality of judicial proceedings in the country.

Poland is becoming more and more interesting for foreigners looking to invest. This is due to Poland’s central location in Central and Eastern Europe and the country’s continuous economic development, making it a place with potential for becoming a focal point for Central European business on the Old Continent.

The Serbian Commission for Protection of Commission ("Commission") has announced that it will conduct a sector inquiry of the state and conditions of competition in the pharmaceutical industry. This move by the Commission was expected, given the announcements made by the Government of the Republic of Serbia last year.

Several amendments to pharmaceutical promotional laws in Hungary came into effect on 1 January 2025, with others following on 1 February 2025. Some of these amendments have long been urged by the pharmaceutical industry.

Conducting legal due diligence on the target company is standard practice before completinga transaction. Even today, eight years after the GDPR came into effect, some companies still fail to implement basic data protection principles in their internal policies or in their relationships with business partners and suppliers. Some even claim not to process any personal data at all.

On 26 December 2024, the Law “On Amendments to the Criminal Code of Ukraine, the Criminal Procedure Code of Ukraine, and Other Legislative Acts of Ukraine to Improve Mechanisms for Holding Legal Entities Accountable for Bribery of Foreign Officials” No. 4111-IX entered into force. It is meant to implement the OECD Council’s Recommendation on Combating Bribery of Foreign Public Officials in International Business Transactions.

On 27 June 2024, the Constitutional Court of Serbia issued a Decision initiating proceedings to assess the constitutionality of the Gender Equality Act. This decision implies that all activities undertaken based on the said Act, including executing individual acts and actions, are suspended until a final decision on its constitutionality is rendered.

On 5 January 2025, the Real Estate Register in the Slovak Republic (the “Register”) was subject to a ransomware cyberattack.

In this article, we highlight the most relevant changes to Slovenia’s tax laws, from the perspective of corporate income tax, VAT, personal income tax and tax procedure that enter into force on 1 January 2025.

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”).

A transaction team of bpv Huegel advised RWA Raiffeisen Ware Austria Handel und Vermögensverwaltung eGen (RWA eGen) on the acquisition of shares in RWA Raiffeisen Ware Austria Aktiengesellschaft (RWA AG) from BayWa Aktiengesellschaft (BayWa AG).

RADULESCU & MUSOI provided comprehensive legal support for the successful completion of the transaction through which DigiRay, whose majority shareholder is the investment fund Black Sea Fund, acquired the three Maraffka clinics in Ploiești.

Schoenherr has won Best Law Firm of the Year at the 2024 CIJ Awards Hungary gala in Budapest. In the last three years, Schoenherr's real estate practice has played a prominent role in landmark deals in Hungary. 

IMMOFINANZ takes further step to optimise group structure. IMMOFINANZ Group holds 100% of the shares in S IMMO following completion of the squeeze-out.

RTPR announces the successful closing of a new M&A transaction in the energy industry, the sale of the renewable energy portfolio of Evryo Group, owned by funds managed by Macquarie Asset Management, to PPC Group.

Nechala and partners advised the seller, Mr. Heimo Wallisch, on the successful sale of EASYS s. r. o.

Vienna, 04 November 2024. The experienced tax partner Nicolas Wolski (42) will take over as Head of Tax at bpv Huegel with November 2024.

JŠK advised PRE Group on its acquisition of 100% stake in solar power plant supplier SolidSun.

The Reverse Share Split at a ratio of 10:1 to reclassify the company's share capital was resolved at the Annual General Meeting on 14 June 2024.

The IMMOFINANZ Group acquired a further approx. 38% of S IMMO shares from CPI Property Group SA for a purchase price of around EUR 608.5 million.