CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Dentons, working with Kirkland & Ellis, Grette, and Akund Forbes, has advised Helmerich & Payne on the USD 1.97 billion acquisition of UK-headquartered KCA Deutag International Limited. Allen Overy Shearman Sterling reportedly advised KCA Deutag International Limited.
The development of the defense industry is an urgent priority for the Polish government. Undoubtedly, it is in Poland’s interest to have a solid industrial base for the defense sector, not only to enhance national security but also as a lever for the further transformation of the entire economy.
Dentons has advised Piraeus Bank on project financing for a solar power plant developed by Metlen Energy & Metals in Romania.
A new regulation, in force from January 28, 2025 establishes additional obligations and reporting requirements on Romanian companies with 50 or more employees in respect of hiring disabled people.
Weinhold Legal and Cytowski & Partners have advised Czech Republic-based technology company ThreatMark on its series A financing round, securing an investment exceeding USD 23 million from London-based Octopus Ventures and The Riverside Company investment firm. Dentons' New York office reportedly advised Octopus Ventures. DLA Piper's New York office reportedly advised The Riverside Company.
Dentons has advised the Republic of Lithuania on the issuance of two EUR-denominated benchmark bonds under its Euro Medium Term Note Program. TGS Baltic reportedly advised the Republic of Lithuania as well. Freshfields and Sorainen reportedly advised the underwriters.
Cobalt, working with Dentons, has advised AirBaltic on the sale of a minority stake to Lufthansa Group. Eversheds Sutherland Bitans advised Lufthansa Group.
Dentons has advised Guris on the connection of its solar power plant to the connection grid of its wind farm in Ukraine.
A new law that will significantly improve the grid connection of renewables was approved by the Ukraine’s parliament, the Verkhovna Rada, on January 14, 2025.
Cytowski & Partners has advised Hungary-based Axoflow on its USD 7 million seed series with the participation of the EBRD, Credo Ventures, and E2.VC. Dentons reportedly advised the EBRD.
Havel & Partners has advised Komercni Banka’s Investment platform Upvest and the RSJ investment group on acquiring a 25% stake (with a call option of up to 49%) in Centrum Cerny Most from Unibail-Rodamco-Westfield. Dentons advised the sellers.
Dentons has advised VUJE on a cooperation agreement with Newcleo.
DWF has advised Eiffage Immobilier Polska on the forward sale of a build-to-rent residential project in Warsaw’s Praga-Polnoc district to Heimstaden Bostad. Dentons advised Heimstaden Bostad.
Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki have advised Grand Games on its USD 30 million series A led by Balderton Capital with participation from existing investors Bek Ventures and Laton Ventures. Kinstellar's Turkish affiliate KST Law advised Balderton. Baker McKenzie Turkish affiliate Esin Attorney Partnership reportedly advised BEK Ventures.
AP Legal and Dentons have advised NLB Komercijalna Banka Beograd and Nova Ljubljanska Banka Ljubljana on a EUR 89 million facilities agreement to MK Fintel Wind Beograd.
Dentons has advised Exus Renewables on establishing business operations in Poland and the acquisition of a 53-megawatt wind farm portfolio.
Dentons has advised Photoneo on the sale of its business to the Chicago-based Zebra Technologies. A&O Shearman's London office reportedly advised Zebra.
Clifford Chance has advised a club of banks including ING Bank, Erste Group Bank and its Czech subsidiary Ceska Sporitelna, and Komercni Banka on a EUR 268 million facility agreement supporting a new joint venture partner’s entry and the expansion of Unibail-Rodamco Westfield's Centrum Cerny Most in Prague. Dentons reportedly advised Unibail-Rodamco Westfield.
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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.