Ilej & Partners, in cooperation with Karanovic & Partners, has advised Enlight Renewable Energy on the acquisition and joint development of a 525-megawatt renewable energy project portfolio in Croatia.
Wolf Theiss has advised the Sunman Group on its acquisition of Noriel Impex, Intertoy Zone, and Toys & Games Industry from Jonagold CEE Holding. Radu Taracila Padurari Retevoescu advised the sellers on the deal.
Since the end of the 2010s foreign direct investment (“FDI”) considerations have been on the forefront of transaction planning and management. Although a unified EU-level screening mechanism is not in place, recently the European Commission (“EC”) closed a landmark case, while another one is currently ongoing before the European Court of Justice (“ECJ”) where the interplay of EU law and more specifically, EU merger law and national FDI rules were/are assessed. Dicta in these cases may have considerable implications in national FDI practice. This summary therefore provides a quick glance-through of the key notables taken from these cases.