The 2017 CEE Legal Matters General Summit took place at the Intercontinental Hotel in Warsaw on June 1-2, 2017, once again bringing together well over a hundred General Counsel and Heads of Legal from across Central and Eastern Europe for two full days (and one entertaining evening) of seminars, panel discussions, best practices review, and networking. This year’s event — the third annual, following the 2015 GC Summit in Budapest and the 2016 GC Summit in Istanbul — was the biggest and most successful yet.
On May 31 and June 1, 2017, CEE Legal Matters was proud to host a rare event: A gathering of those senior lawyers from each Central and Eastern European country identified by peers as being most influential, most important, most uniquely responsible for having created the country’s modern commercial legal market.
“The country is still in recession” says Sergei Makarchuk, Partner at CHSH in Belarus, pointing to an approximately 3% decrease in GDP recorded in Belarus in 2016. Bankruptcy in the corporate sector is on the increase, he reports, with the economic courts’ docket “overflowing” with such cases. The purchasing power in the economy has slowly decreased as a result of lower income and decreased spending power for the middle class.
Nektorov, Saveliev & Partners (NSP) has assisted with the establishment of LLC Zoomlion-MAZ, a joint venture between MAZ (Belarus) and Zoomlion (China). The JV, which is located in Belarus, will produce heavy machinery, trucks, and special purpose vehicles manufactured from Belarusian chassis with a Chinese superstructure.
Arzinger has advised a group of the Middle East investors led by Agromilk Holding (UAE) on their acquisition of the state-owned dairy farm located in the Grodno region of Belarus. The multimillion investment project is aimed at the development of the current facilities and the construction of new ones, as well as increasing the livestock.