CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
On 1 January 2024, an amendment to the Labour Code came into force that introduces final liability of the construction contractor for wage claims filed by third parties against its subcontractors. This includes wage claims from any employment agencies, up to the amount of the statutory minimum wage for each employee engaged in activities for the subcontractor.
Berechet Rusu Hirit has successfully represented photovoltaic project developer and operator NextE in overturning a 2022 document issued jointly by Romania's notary public union and national cadaster agency that limited the development of renewable energy projects on collectively held land in rural areas.
TGS Baltic has advised Darda on its EUR 1.3 million sale of a 3,777-square-meter plot in the center of Riga to Satekles Business Center 2 for the development of a new office complex. Sorainen reportedly advised the buyer.
TGS Baltic has advised Lielais Lauks on the EUR 460,000 sale of a 3.19-hectare land plot in Adazi, Latvia, to Kinetics Nail Systems, which plans to construct a new factory.
Sajic has successfully represented the interests of Daniel Bubalo before the Supreme Court of the Federation of Bosnia and Herzegovina in a real estate dispute.
Schoenherr has advised the OTP Real Estate Investment Fund on its purchase of a land plot in Ullo, Hungary, from Rossmann, the development agreement for a BTS logistic center on the site with development manager Panattoni, and a long-term lease agreement for the facility with Rossmann as tenant. CMS and Noerr advised Panattoni. PwC Legal reportedly advised Rossmann.
Cobalt has advised Baltic real estate developer Capital Mill on the sale of its 3.3-hectare industrial property located at Granita Iela 17, in Riga, to Proks Capital in a share transaction.
