Wolf Theiss has advised the German bank NORD/LB on financing the purchase of the Format office building in Gdansk by Greenstone Format.

CK Legal Chabasiewicz Kowalska has advised PCC Exol on the issuance of series D1 bonds with a total nominal value of PLN 20 million.

Dentons has advised Patrizia on the sale of the R34 office building in Warsaw to A&A Majsterek Holding.

Linklaters has advised Nrep on the acquisition of the Lett Markowska residential estate located on Markowska Street in Warsaw. Kaplanowski Krstulovic reportedly advised Markowska Holding Wawel Development on the sell side.

Baker McKenzie has advised Worthington Enterprises on the USD 10 million sale of 49% of Worthington’s Sustainability Energy Solutions business segment to Hexagon Composites forming a joint venture with Hexagon Composites. Saxinger, Chalupsky & Partner reportedly advised Hexagon.

Michal Bernat and Stanislaw Soltysik have been promoted to Partner at Dentons' Warsaw office as part of the firm's latest promotions round for Europe and Central Asia.

CK Legal Chabasiewicz Kowalska has advised the founders of Znajdz Gabinet on the sale of the company to Booksy International. DLA Piper reportedly advised Booksy International.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

The bill on the protection of whistleblowers in Poland is at the final stage of the legislative process and the core provisions have been set.

Poland stands out as an EU member state with extremely high reliance on power generated from coal and lignite. In 2023, 63% of its electricity was produced from these resources. Still, this marks the lowest-ever share of coal and lignite-fired electricity in Poland’s annual production thanks to the rapid growth of wind and solar plants.

CMS has advised GoldenPeaks Capital Group on the acquisition of a portfolio of 30 photovoltaic farm projects from Columbus Energy Group.

DWF has advised Ayesa Polska on the winning tender regarding the International Chopin Music Centre in Zelazowa Wola.

Greenberg Traurig has advised Gdansk-based Torus on the sale of the Format office building to a Singaporean fund represented by Greenstone. LegalKraft advised Greenstone.

White & Case has advised Enea on the issuance of PLN 2 billion bonds with the rate of interest tied to ESG criteria.

The development of the hydrogen economy has been recognised as one of the priorities for the implementation of the European Green Deal, the main goal of which is to achieve climate neutrality in Europe by 2050. Poland is Europe's third-largest producer of hydrogen; however, its production is done exclusively with fossil fuels for companies' own needs. The regulations currently in force in Poland do not provide adequate conditions for the effective implementation of the strategy for the development of the green (renewable) hydrogen market.

Gessel has advised BNP Paribas and ING Bank Slaski on financing the modernization of Naleczow Zdroj group's production facility at Drzewce.

DLA Piper has advised the Aareal Bank on financing Star Capital Finance's EUR 285 million acquisition of six shopping centers in Poland from the Cromwell Property Group.

Greenberg Traurig has advised TMS Inwestycje on its acquisition of the 148-room Hotel Inn Resort Warszawa Jozefow from the Aquila Group. Drzewiecki Tomaszek advised the seller.