CMS has advised Nikan Agro on the licensing process before the Bulgarian Energy and Water Regulatory Commission for its 50-megawatt Blatska photovoltaic project.
CMS Belgrade Launches Dedicated Corporate Crime Team in Belgrade
CMS has launched a new dedicated Corporate Crime team within its Dispute Resolution and Compliance practice in Belgrade with the joining of Denis Beciric as Of Counsel.
A&O Shearman and CMS Advises on Sale of CityFit Fitness Clubs Chain to Medicover
Allen Overy Shearman Sterling has advised CityFit Group on the sale of CityFit fitness clubs chain to Medicover. CMS advised Medicover.
CMS Advises Consortium of Czech Banks on New Club Financing for NET4GAS
CMS has advised a consortium of Czech banks including Komercni Banka, Ceska Sporitelna, UniCredit Bank Czech Republic and Slovakia, and Vseobecna Uverova Banka on a new term loan facility for NET4GAS. Dentons reportedly advised the borrower.
CMS advises Geosolar Kamenyak on Licensing of Kamenyak PV project
CMS has advised Geosolar Kamenyak on licensing for the 75-megawatt Kamenyak photovoltaic project by the Bulgarian Energy and Water Regulatory Commission.
CMS Advises on Slovak Republic’s Retail Government Bonds
CMS has advised the Debt and Liquidity Management Agency of the Slovak Republic on the issuance of its first retail government bonds.
CMS and Deloitte Legal Advise on PGE Group's PLN 12 Billion Financing from BGK
CMS has advised PGE Polska Grupa Energetyczna on over PLN 12 billion in financing from Bank Gospodarstwa Krajowego under the National Recovery Plan. Deloitte Legal advised BGK.
CMS and Schoenherr Advise on Synlab International's Sale of Eastern European Business Activities to Medicover Group
CMS has advised Synlab International on the sale of its business activities in Eastern Europe – including its entities in Croatia, North Macedonia, Romania, Slovenia, Turkiye, and Cyprus – to Medicover Group. Schoenherr advised Medicover.
CMS Advises Alder Investment III on Acquisition of Majority Stake in Qcify
CMS, working with Pierson Ferdinand, has advised Alder Investment III on the acquisition of a majority stake in Qcify.
CMS Advises UniCredit Bank on Waltrovka Office Project Financing
CMS has advised UniCredit Bank Austria and UniCredit Bank Czech Republic and Slovakia on the financing for the Waltrovka office project for Manova Partners. Dentons reportedly advised Manova Partners.
CMS Advises Frauscher on Investor Shareholding Structure in Sensonic
CMS has advised Frauscher on the shareholding structure in Sensonic following Kaynes Technology's acquisition of 54% of Sensonic shares. Wolf Theiss reportedly advised Sensonic's minority shareholder, Sintela.
CMS and BCGL Advise on mBank and PKO Bank Polski's EUR 50 Million Financing for Polflam
CMS has advised mBank and PKO Bank Polski on the EUR 50 million financing granted to Polfam. Balicki Czekanski Gryglewski Lewczuk advised Polfam.
Similar Volume, Lower Values: A CMS CEE M&A Report
CMS Partners Horea Popescu, Alexander Rakosi, and Ryszard Manteuffel discuss the ebb and flow of M&A deals in CEE, highlighting that the M&A landscape experienced a significant drop in overall deal values prompting strategic shifts amid ongoing geopolitical and financing challenges.
CMS Mints New Partners in CEE
CMS has promoted Romania-based Alina Tihan, Hungary-based Veronika Kovacs, and Bulgaria-based Borislava Piperkova to Partner, as part of its latest promotion round that saw a total of 56 lawyers elevated to partnership ranks.
The Corner Office: 2024 in (Volume) Review
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With 2024 behind us, we asked: Looking at transactional volumes for this year, would you say that 2024 was better or worse than what you originally expected it to be, and why?
Turkiye: Non-Performing Loans – Regulatory Landscape and Industry Impact
Turkiye has long had one of the lowest non-performing loan (NPL) rates in Europe, but recent years have seen some ups and downs. Between 2017 and 2020, the rate fluctuated between 3.25% and 3.46%. During the pandemic, the rate dropped significantly as borrowers benefited from extended loan payment schedules. Thereafter, the rate rose briefly before falling below the European Union average of 2.27% in 2023. Since the beginning of 2024, however, rising interest rates have pushed the NPL rate back up, to 1.71%. Experts expect the rate to rise to 2.5% by the end of the year, above the EU average and a challenge for borrowers and lenders.
CMS Advises Green Energy Market on 10-Year License for Electricity Trading and Balancing Services
CMS has advised Green Energy Market on a 10-year market coordinator license from the Energy and Water Regulatory Commission of Bulgaria.
CMS Advises Joint Lead Managers on EUR 3 Billion 15-Year Sovereign Bond Issuance by the Slovak Republic
CMS has advised joint lead managers HSBC, J.P. Morgan, Slovenska Sporitelna, and Tatra Banka on the Slovak Republic’s bond issuance of EUR 3 billion 3.750% notes due 2040.