CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
The new Rulebook on the Content of the Business Entities Register and Documents Required for Registration (RS Official Gazette No. 63/23) (hereinafter: "New Rulebook") has entered into force on August 5, 2023, thereby ceasing to be valid Rulebook on the Content of the Business Entities Register and Documents Required for Registration (RS Official Gazette, No. 42/2016) (hereinafter: "Previous Rulebook").
Gide has advised the Enterprise Investors Fund IX on its minority investment in Polish precision radar and anti-drone systems company Advanced Protection Systems Inc. Baker McKenzie advised APS and its shareholders.
NKO Partners has advised the Belgrade-based PGM Live TV production and distribution company on its acquisition of the remaining 50% stake in VPK Balkan from Slovenian production company VPK PRO, thus gaining full ownership of the target. Sole practitioner Nenad Davidovic advised the seller.
Cerha Hempel has advised Austria's Strabag on the acquisition of the Sitec Verkehrstechnik and Wieser Verkehrssicherheit road safety companies.
PRK Partners has advised the shareholders of Czech ticketing portal GoOut on its sale to the Piletilevi Group.
On 11 August 2023, the government bill No.4482 adopted by the Ukrainian Parliament, which amends certain legislative acts of Ukraine regulating the activities of separate subdivisions of a legal entity established under the legislation of a foreign state, was sent for signing to the President of Ukraine ("Draft Law").
Clifford Chance, working with Lexence, has advised Waterland on the acquisition of CodiLime from its founders in a transaction that included reinvestment of the former shareholders. Bank Pekao provided acquisition financing. Ponikowski Rzepka reportedly advised the sellers. Allen & Overy reportedly advised Bank Pekao.
