Several updates vie for the front page in Montenegro, from politics, tax reforms, and the influx of high-skilled professionals to vibrant renewable energy sector activity and a booming M&A market, according to Komnenic & Partners Partner Nemanja Radovic.
B2RLaw Advises CMT Group on EUR 27 Million EU-Funded Humanitarian Project for Ukraine
B2RLaw has advised UK-based construction equipment supplier CMT Group on the supply contract and the separate donation contract with the Polish Government Agency for Strategic Reserves for humanitarian aid to Ukraine in the form of power generators. The EUR 27 million contract was financed under the EU's Civil Protection Mechanism.
Deloitte Legal Advises Airex on Acquisition of JMB
Deloitte Legal has advised Airex on its execution of a call option for the acquisition of shares in JMB.
Wolf Theiss Advises PolSolar on 250-Megawatt Solar Plant Development in Hungary
Wolf Theiss has advised a group of investors represented by PolSolar on the engineering, procurement, and construction of a 250-megawatt solar power plant in Mezocsat, Hungary.
Legal Monitoring Report for the period of 28 April - 24 May 2023
The Legal Monitoring Report deals with amendments to the Law on Joint Stock Companies and the Compulsory Licensing Mechanism, ratification of the Agreement on the Transportation of Goods, and approval of Legal Framework on Cuber Security, the FISCALIS Agreement and Ecolabel Regulations.
Diversification of the Gas Supply, New Nuclear Projects, and Balancing Capacities for Bulgaria
The political turbulence within and beyond Bulgaria has not only caused unpredictability in the regulatory environment but also drastic changes in the national energy sector. Following the Russian invasion in Ukraine, Bulgaria took steady steps to break its dependence on Russia as a single supplier of natural resources.
The Future of Hungary’s Energy Sector Is Taking Shape
The escalation of the war in Ukraine in February 2022 shocked Hungary’s energy sector to such an extent that the Hungarian government declared a state of energy emergency by its resolution dated July 15, 2022. After the first anniversary of the escalation, the smoke has cleared enough to draw conclusions regarding the future based on the reactions of the stakeholders.