CMS has advised Tozsdepalota on its sale of the Tozsdepalota Building. DLA Piper advised the buyers, Granit Asset Management.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. As sunny days recede, the fall conference season is upon us, so we asked: How do you determine which Partner attends which events?

On December 7, 2023, Austria saw a significant shift in its tax regulations with the suspension of key provisions in the double taxation agreement (DTA) with Russia.

DLA Piper has advised the City of Warsaw on a PLN 1.05 billion loan from the European Investment Bank to finance the sustainable development of urban infrastructure.

Oppenheim has advised Generali Biztosito on its sale of its minority stake in Fundamenta Lakaskassza to MBH Bank. DLA Piper advised MBH Bank.

Former Deloitte Legal Partner Lawyer Katarzyna Jakubiak has joined DLA Piper as a Partner in the firm's International Finance group. Joining alongside her is Senior Associate Anna Tomaszewska.

DLA Piper Hungary marks a major anniversary, celebrating 20 years in the market since its establishment in 2004. Country Managing Partner Andras Posztl speaks about the firm’s sustained success and its commitment to innovation and growth as it looks to the future.

Wolf Theiss has advised joint lead managers and bookrunners Raiffeisen Bank International and M.M.Warburg & Co on the exchange offer of bonds issued by UBM Development in 2019 and 2021 and on the subsequent cash subscription offer of the EUR 93 million 7% green bond 2024-2029. DLA Piper advised UBM Development.

DLA Piper has advised Axel Johnson on its acquisition of La Fantana from Oresa and CEO Cristian Amza. RTPR, working with A&O Shearman, advised the sellers.

The National Council of the Slovak Republic has recently approved significant changes to the Value Added Tax (VAT) rates, which will come into effect as of January 1, 2025. Here are the key updates:

White & Case has advised a consortium of 16 Polish and international banks on a revolving credit facility of up to EUR 2 billion for Orlen. DLA Piper reportedly advised Orlen.

From 1 April 2025, Slovakia will introduce a new financial transactions tax (daň z finančných transakcií) as part of the government´s consolidation package. This is not an early April fools' day joke.

DLA Piper Partner Marta Frackowiak discusses the current slowdown in the Polish market, driven by geopolitical uncertainty, economic challenges, and hesitance among investors, while also highlighting key trends in M&A, employment, and regional expansion efforts by Polish businesses.

Clifford Chance has advised dealers Bank Pekao, mBank, and Santander Bank Polska on Polenergia's PLN 750 million issue of green bonds.

Earlier in 2024, DLA Piper published its Medical Devices Advertising: CEE Comparison Guide, which reviews advertising regulations for medical devices in Austria, Croatia, the Czech Republic, Hungary, Poland, Romania, Slovakia, and Slovenia. Life sciences team members who worked on the guide spoke with CEE Legal Matters about some of the regulatory differences across CEE and the practical implications for businesses.

DLA Piper has advised Azelis on the acquisition of Hortimex.

DLA Piper has advised Hochtief Group’s special purpose vehicle Private Partner on the public-private partnership for the design, construction, financing, and maintenance of multi-family residential buildings in Zory. Cieslak Law Firm advised the Municipality of Zory.

Dentons has advised Resource Partners on its acquisition of an 80% stake in Interactive Travel Holdings, the parent company of the Romanian brand Vola.ro and Polish brand FRU.pl, which also operates in Bulgaria and Moldova, from 3TS Capital Partners and the Polish co-founders of FRU.pl. CMS and DLA Piper reportedly advised the sellers.