Romania's National Recovery and Resilience Plan (PNRR), designed to ensure an optimal balance between EU priorities and Romania's development needs, provides significant opportunities for the private sector to benefit from financing to build and/or consolidate infrastructure capacity.

The Public Enterprise for Railway Infrastructure Railways of the Republic of North Macedonia – Skopje has published a contract notice for project implementation support and safeguard services for the construction of a new railway section from Kriva Palanka to the border with the Republic of Bulgaria (“Project”). The 24 km section is the last part – the third phase of the railway Corridor VIII to the Republic of Bulgaria.

Former IBM Associate Partner Marcela Kanova has returned to private practice by joining Rowan Legal as a Partner in Prague.

Mirella Lechna-Marchewka has become Wardynski & Partners’ new Managing Partner – taking over from Stefan Jacyno who held the position for the past 22 years – while the firm has also appointed a new 6-member Council and new finance director.

The Hungarian Government would designate additional areas of Budapest as immediate ‘Rust Belt’ areas, where the related development regulation will be applicable.

Despite a potential recession and high-interest rates, the overall outlook for the Polish market remains optimistic, with robust M&A activity in sectors such as IT, infrastructure, renewable energy, and gaming, according to Clifford Chance Office Managing Partner Agnieszka Janicka.