CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Dentons has advised the Board of Directors of Purcari Wineries on the RON 604 million public takeover bid launched by Maspex Romania. Schoenherr advised the founders of the winery. CMS, working with Turcan Cazac and Georgiades & Pelides, advised Maspex. Norton Rose Fulbright advised PKO Bank Polski on a loan facility to Maspex Romania to support the acquisition.
Dentons has advised Piraeus Bank on two financing transactions totaling EUR 106 million to support the development of photovoltaic projects by Metlen Energy & Metals in Romania.
Dentons has advised mBank on a PLN 130.5 million (approximately EUR 30.7 million) financing package, including an investment loan, granted to BXF Energia for the development of the Azalia photovoltaic farm, with a planned capacity of up to 60 megawatts, located near Rzeszow, Poland. DZP advised BXF Energia.
Kinstellar has advised Halyk Bank on a USD 237 million partnership with Click. Dentons reportedly advised Click.
Dentons has advised the founders of Adastra Group on the sale of a majority stake in the company to global investment firm Carlyle. Clifford Chance, working with Latham & Watkins and Ropes & Gray, advised Carlyle.
Schoenherr has advised HPI GMA, operating under the Trasti brand, on a EUR 21 million equity investment from the European Bank for Reconstruction and Development and Zavarovalnica Triglav. Dentons advised EBRD and Triglav. DLA Piper reportedly also advised Triglav.
Dentons' Turkish affiliate of Balcioglu Selcuk Eymirlioglu Ardiyok Keki Attorney Partnership has advised AKA European Export Trade Bank on a EUR 76.7 million financing facility provided to Ecogreen Enerji Holding.
In a significant move towards economic recovery and strategic growth, Ukraine and its international partners have launched several finance initiatives aimed at mobilizing capital and transforming critical sectors. These efforts, including the United States-Ukraine Reconstruction Investment Fund and other programs announced in 2025, showcase a commitment to rebuilding Ukraine through blended finance models. This article explores these developments and their implications for Ukraine’s future.
Dentons and its Turkish affiliate Balcioglu Selcuk Eymirlioglu Ardiyok Keki Attorney Partnership have advised a syndicate of lenders, including Mizuho Bank, Mashreqbank, Sumitomo Mitsui Banking Corporation, and HSBC Bank Middle East Limited, among others, on the renewal of QNB Bank’s USD 600 million sustainability multi-tranche term loan facility.
Dentons and its Turkish affiliate Balcioglu Selcuk Eymirlioglu Ardiyok Keki Attorney Partnership have advised a syndicate of lenders, including Emirates NBD Bank, HSBC Bank, Mashreqbank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation, among others, on the renewal of Yapi ve Kredi Bankasi's dual currency sustainability term loan facilities totaling USD 703.5 million and EUR 407.4 million.
Budapest-based Dentons Partner Rob Irving has been reappointed as the Co-Head of Corporate and M&A, while Warsaw-based Partner Agnieszka Stefanowicz-Baranska has been appointed the Co-Head of the Competition and Antitrust practice.
Dentons’ Turkish affiliate law firm Balcioglu Selcuk Eymirlioglu Ardiyok Keki has advised Revo Capital on its USD 3.5 million investment in Virgosol. Karacam & Sir advised Virgosol.
Reals has advised Upvest on the mezzanine financing of Crestyl’s Semerinka residential development in Prague. Dentons reportedly advised Crestyl.
Dentons has advised NEPI Rockcastle and its subsidiary NE Property on securing two revolving sustainability-linked credit facilities totaling EUR 290 million. CMS reportedly advised the lenders.
Dentons has advised YIT Zwirn 2 – a joint venture between YIT Slovakia and RSJ Investments – on a syndicated loan exceeding EUR 100 million for the financing of Zwirn 2 real estate development in Bratislava. Allen Overy Sherman Sterling reportedly advised the banks.
Addleshaw Goddard has advised Niam on the sale of two buildings in the High5ive office complex in Krakow to Stena Real Estate. Dentons advised Stena Real Estate.
Dentons has advised mBank on its issuance of EUR 400 million resettable callable tier 2 subordinated bonds. White & Case reportedly advised joint lead managers Commerzbank Aktiengesellschaft, Erste Group Bank, Goldman Sachs Bank Europe, Morgan Stanley Europe, and UBS Europe.
Dentons has advised Develia on the final stage of the EUR 42.967 million (approximately PLN 182 million) sale of the Arkady Wroclawskie mixed-use complex in Wroclaw to Vastint Poland, a subsidiary of the international Vastint Group. Legal Kraft reportedly advised Vastint.
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Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.