Energy prices have been a salient issue in CEE for the past year. Part 1 of this article covered just how high the energy prices had climbed in Bulgaria, the Czech Republic, Moldova, Montenegro, Poland, and Turkey, the impact of those prices on people, businesses, and governments, as well as the reasons why some countries fared better than others. Then Russia’s war against Ukraine changed everything, making a new energy pricing normal seem more distant than ever. In Part 2 we look at what energy experts believe could alleviate the situation and whether the war has impacted those plans.
In Search of a New Energy Normal (Part 1)
In the past twelve months, energy prices seem to have taken a life of their own. Their continued and, at times, shocking growth has raised concerns across the region and prompted differing responses and policy changes in each country. To get a more accurate picture of recent developments, we reached out to experts in Bulgaria, the Czech Republic, Moldova, Montenegro, Poland, and Turkey and asked them about the current energy prices, their impact on local economies, the drivers behind their growth, and whether any plans were in place to address the issue.
Crowdfunding – Moldovan Regulations on Participatory Financing
During the COVID-19 pandemic, one of the biggest challenges for Moldovan SMEs proved to be access to financing solutions. A financial gap spread nationally across different sectors and industries. Moldovan banking institutions became reluctant to finance SMEs and sole entrepreneurs, while the existing solutions often proved to be expensive and inaccessible.
Competition and Competition Litigation Laws and Regulations in Moldova
Contributed by ACI Partners.
Moldova: The Long-Awaited Turning Point
The year 2021 is expected to be a long-awaited turning point for the Moldovan electric energy market.
CMS Advises Alpla on Joint Venture with Ecohelp and UPT
CMS has advised Alpla on forming a EUR 7.5 million joint venture together with Romania's Ecohelp and Switzerland's United Polymer Trading. Reportedly, Cabinet Costea advised Ecohelp and Furer Partner Advocaten advised UPT.
White & Case and Clifford Chance Advise on Synthos EUR 600 Million Bond Issuance
White & Case has advised Polish chemicals producer Synthos on its EUR 600 million 2.5% seven-year bond issuance. Clifford Chance advised global coordinators BNP Paribas and Goldman Sachs Bank Europe and joint bookrunners Bank Pekao, Banco Santander, ING, and PKO BP.
The Funambulists - Moldova Walks a Tightrope Between the EU and Russia
A Fortunate or Unfortunate Positioning
Guest Editorial: A Nostalgic Outline from a Moldovan Lawyer in Moldova
I was born in Moldova and obtained my first degree in law from a Moldovan university 20 years ago. Since its independence in 1991, Moldova – a small landlocked country located between Ukraine in the East and Romania in the West – has struggled to survive, being torn apart by various geopolitical interests, political havoc, corruption, and economic fluidity. The legal industry has struggled as well. Although a lot has changed in my time as a lawyer, I cannot confidently say that the legal industry in Moldova has witnessed tremendous growth.
Deal Expanded: Duet Private Equity’s Acquisition of Red Union Fenosa SA and Gas Natural Fenosa Furnizare Energie SRL from Naturgy Inversiones Internacionales SA
ACI Partners’ Igor Odobescu Interviews Duet Private Equity Limited Operating Partner Boris Salas, about the Deal of the Year in Moldova
2019 CEE Deals Of The Year
It is with great pleasure that we announce the 2019 CEE Deal of the Year Award winners – the most important, complicated, significant, and valuable deals across Central and Eastern Europe.
Moldova: Pharmacovigilance and Drug Safety in the Republic of Moldova
Following its exit from the Soviet Union, the Republic of Moldova started its independent life with a poorly-regulated medical system that lacked the proper means of ensuring patient safety.
Capital Markets in Moldova
Contributed by ACI Partners.