A recent legislative amendment to Law no. 17/2014, concerning certain measures regulating the sale of extra muros agricultural land, which also amends Law no. 268/2001 on the privatisation of companies managing public and private state-owned agricultural land and the establishment of the State Domains Agency (“Law 17”), has been proposed in the Romanian Senate. This amendment aims to introduce a new category of pre-emptors: owners of land adjoining extra muros arable land, regardless of the location within or outside city limits and regardless of the land use category.

CMS has advised Alcedo on its acquisition of Naturevo Romania.

Sayenko Kharenko has advised the European Bank for Reconstruction and Development on a EUR 60 million loan to Lan-Oil for the construction of a greenfield and privately-owned biofuels project in Ukraine.

Schoenherr has advised the B&C Group on the sale of a 15% stake in Lenzing to Suzano and on the establishment of a long-term shareholder syndicate. Freshfields advised Suzano.

Sayenko Kharenko has successfully represented Agrocenter, Zmiivska Ovocheva Fabryka, Kombinat Teplychny, Kremenchytska Ovocheva Fabryka, Ovochevyy Kombinat Stanyshivka, Perspektyva, Greenhouse Complex Dniprovsky, and Uman Greenhouse Complex in initiating anti-dumping investigation against imports into Ukraine of cucumbers and tomatoes originating from Turkiye.

Baker McKenzie has advised the Lindsay Corporation on its acquisition of a 49.9% stake in Austria-based Pessl Instruments, with an option to acquire the rest at a later date. HBA reportedly advised Gottfried Pess on the sale.