Recently published case law from Hungary’s National Institute of Pharmacy and Nutrition – the Hungarian acronym is OGYEI – deals with various aspects of pharmaceutical promotional activities and interactions with health care providers. The OGYEI investigated the commercial practices of Aramis Pharma Kft., Lilly Hungaria Kft., and Sager Pharma Kft., and imposed fines following the discovery of infringements.

Reflecting the Hungarian tax administration’s nature as a pioneer in innovative tax administration measures, 2021 brings significant eVAT developments in Hungary.

Baker McKenzie has advised People Can Fly on its acquisition of Canada-based Game On Creative, Inc. The transaction provides for a share swap with PCF shares and the reinvestment of Game On's founder in PCF. DWF Poland advised Game On Creative on Polish legal matters and Miller Thomson advised the company on Canadian aspects.

The Budapest office of Baker McKenzie has advised the MET Group on its divestment from Tigaz Zrt via the sale of 50% of the shares in MS Energy Holding AG, representing a 49.57% stake in Tigaz, to Opus Global Nyrt. Kertesz & Partners reportedly advised the buyer.

The Kyiv office of Baker McKenzie has advised the A.G.R. Group on its acquisition of the Alpha Farm and Eurasia-Agro enterprises in the Kherson region of Ukraine from AG Management Group LLC.

Dentons has advised CEE Equity Partners, the investment advisor of the China-CEE Fund I, on the sale by the fund of three onshore wind farms in Poland, with a total capacity of 163 megawatts, to Iberdrola. Baker McKenzie reportedly advised Iberdrola on the deal.

Noerr has advised oil and gas company MOL on its acquisition of the Hungarian operating company of Marche. Baker McKenzie Zurich reportedly advised the seller, Marche International.

Baker McKenzie has advised EP Power Europe, a.s., a subsidiary of the Czech energy supply company Energeticky a Prumyslovy holding, a.s., on the acquisition of the STEAG Power Minerals Group. 

DLA Piper has advised KGAL Investment Management on the acquisition of the Villa Office office building in Warsaw from Echo Investment, for EUR 86.7 million. Allen & Overy and Baker McKenzie advised Echo Investment on the deal.

Baker McKenzie has advised the Goal Number Seven association on the launch of the international renewable energy certificates system in Russia. The firm provided its services on a pro bono basis.

White & Case has advised Russian long-distance telecommunication services provider Rostelecom on the USD 464.3 million sale of a 44.8% stake in SafeData to Russia-based VTB Bank. Baker McKenzie reportedly advised the buyer.

Baker McKenzie's Kyiv office has helped IKEA launch its first brick-and-mortar store in Ukraine.

On September 24, 2020, CEE Legal Matters reported that Baker McKenzie’s Prague office had advised Worldline SA/NV on its acquisition of a 53% of stake in GoPay. JSK and Urban & Hejduk advised the sellers on the deal, Pavel Schwarz Jr. and BUDEX Direct.

Baker McKenzie has advised Kelag on the acquisition of 25 power plants in France and Portugal from the RWE Group. Local expertise for Portugal was provided by the Portuguese law firm Abreu Advogados, while the Dusseldorf office of Clifford Chance advised the RWE Group on the deal.

Paksoy has provided local Turkish assistance to lead counsel Hogan Lovells in advising pharmaceutical supply chain company AmerisourceBergen on the acquisition of the pharmaceutical wholesale business of Walgreens Boots Alliance in several countries, as well as select parts of its international retail pharmacy business, for approximately USD 6.5 billion.

Lawyers from Baker McKenzie's Prague and Warsaw office formed part of the firm's multi-office team advising Swiss building component supplier Arbonia on the sale of its windows business to Denmark's Dovista Group.