The Minister of Finance and the Prime Minister of North Macedonia recently presented the Plan for Accelerated Economic Development (“Plan”), intended to boost the economic development in the country and provide recovery of the economy for the period between 2022 and 2026.
Anela Musat Becomes General Counsel at Blue Horizon
Romanian lawyer Anela Musat has joined Blue Horizon as its General Counsel in Zurich, Switzerland.
Deal 5: Montonio Finance Director Rasmus Oisma on EUR 2.5 Million Investment Round
On August 19, 2021, CEE Legal Matters reported that Sorainen had advised Montonio on raising EUR 2.5 million from Tera Ventures, as well as ffVC, Superangel, Practica, 365.fintech, Startup Wise Guys, and a number of business angels. CEE In-House Matters spoke with Rasmus Oisma, Director at Montonio Finance, to learn more about the matter.
Deal 5: Founders Bridge Partner Liviu Munteanu on Product Lead Financing Round
On April 28, 2021, CEE Legal Matters reported that ACT Legal Romania had advised Founders Bridge on a EUR 600,000 financing round led by Sparking Capital. CEE In-House Matters spoke with Liviu Munteanu, Partner at Founders Bridge, to learn more about the deal.
Deal 5: New Vision 3 Partner Yordan Zarev on Investment in MYX
On March 24, 2021, CEE Legal Matters reported that Djingov, Gouginski, Kyutchukov & Velichkov had advised the founders of tech start-up MYX AD on EUR 350,000 invested into the company by a group led by New Vision 3 Fund KD. CEE In-House Matters spoke with Yordan Zarev, Partner at New Vision 3 Fund, to learn more about the matter.
Hungary – Still an Attractive Place for Investors and Startup Founders
In accordance with worldwide trends, Hungarian public markets are not showing the signs of exponential growth that private markets are. The legislative environment for public listings has not changed significantly in Hungary since 2019, when Act CXX of 2001 on the Capital Market was heavily amended in order to be fully harmonized with the European Union’s Prospectus Regulation (2017/1129 EU). That modification made public issuances easier, as it dispensed with the requirement that prospectuses must be prepared for listings of securities with unit values of at least EUR 100,000.
The Role of Private Equity and Venture Capital in the Post-COVID-19 World
Something Needs to Be Done