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Baker McKenzie has advised Worthington Enterprises on the USD 10 million sale of 49% of Worthington’s Sustainability Energy Solutions business segment to Hexagon Composites forming a joint venture with Hexagon Composites. Saxinger, Chalupsky & Partner reportedly advised Hexagon.

On February 29, 2024, energy experts from Bulgaria, Croatia, Moldova, Turkiye, and Ukraine sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss the key developments in the field of oil & gas over the past few years.

Bosnia and Herzegovina (BH) has embarked on a transformative journey in its energy sector as both Republika Srpska (RS) and the Federation of Bosnia and Herzegovina (FBH) initiated comprehensive amendments of the energy legislative framework in an effort to reshape the country’s energy sector landscape and align the legislation with Energy Community regulations, EU acquis, and international standards and best practices.

Renewable energy is a key priority within the EU due to its goal of achieving climate neutrality by 2050. This has intensified following the energy crisis experienced in 2021 and 2022. Against the backdrop of the post-crisis environment, and driven by the REPowerEU initiative, Croatia is adopting crucial legislation – the Rules on the organization of the wholesale electricity markets (Rules).

The Romanian Energy Regulator (ANRE) recently published a proposal for a new procedure regarding the passporting in Romania of energy or natural gas supply and trading licenses issued in other EU countries, based on ANRE’s confirmatory decisions (New Passporting Procedure).

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