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Stratulat Albulescu, working with San Francisco-based Fathom Law, has advised 3VC on leading the USD 10 million series A financing round for Romania's Creatopy together with Point Nine. BPV Grigorescu Stefanica, working with Wilson Sonsini Goodrich & Rosati, advised Creatopy and its founders.

TGS Baltic has advised Lithuanian cyber security tech unicorn Nord Security on attracting a USD 100 million investment from US private equity group Warburg Pincus. Sorainen reportedly worked with Kirkland & Ellis and De Brauw Blackstone Westbroek to advise Warburg Pincus.

Dorda, working with Clifford Chance's Frankfurt office, has advised financial advisor Citigroup Global Markets Europe and co-financial advisor Erste Group Bank on the demerger of the telecommunications tower business of listed Telekom Austria Aktiengesellschaft and the subsequent admission of 166 million shares of the newly formed EuroTeleSites to trading on the Official Market of the Vienna Stock Exchange. CMS reportedly advised Telekom Austria.

Tuca Zbarcea & Asociatii Partner Gabriela Anton, Gecic Law Counsel Miodrag Jevtic, ACI Partners Head of Banking/Finance Marina Zanoga, Avellum Managing Partner Mykola Stetsenko, NazaIi Tax & Legal Partner Nilay Goker Duran, PRK Partners Senior Attorney-at-Law Norbert Hink, and Schoenherr Bulgaria Local Partner Tsvetan Krumov look at how the financial services landscape in the CEE region has been shifting, as local non-banking financial institutions (NBFIs) are gradually gaining ground in an area historically dominated by the banking sector.

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