Schoenherr Partner Tsvetan Krumov talks about the evolution of the banking sector and their role as legal advisors in Bulgaria over the last 10 years.

Nestor Nestor Diculescu Kingston Petersen has advised a syndicate of banks on the amendment and extension until 2026 of USD 150 million in working capital credit facilities for Alro. Zamfirescu Racoti Vasile & Partners, working with Simmons & Simmons, advised Alro.

Norton Rose Fulbright has advised the Eiffel Investment Group on financing the grid deposits for a 6-gigawatt photovoltaic and battery storage portfolio sponsored by Sunly, in Poland.

Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki have advised the lenders on QNB Finansbank's dual currency loan including USD 241.5 million and EUR 235.7 million.

Former Wolf Theiss Partner Marcell Nemeth has joined DLA Piper’s Finance, Projects & Restructuring practice as a Partner in the firm's Vienna office.

Due to technological progress and the effects of the COVID-19 pandemic, consumers have increasingly turned to online shopping. This was accompanied by the rapid development of new methods of short-term financing, such as Buy Now, Pay Later (BNPL) services, which allow customers to pay for purchases at a later date than the date of receipt. In Poland, financing is interest-free for a certain period, generally 30 days, after which interest charges apply.