The Digital Operational Resilience Act (DORA), along with the NIS2 directive, is a crucial piece of European legislation aimed at strengthening cybersecurity within the EU. While NIS2 focuses on a broader range of critical sectors, DORA specifically targets the financial sector, establishing a robust framework to ensure that regulated financial entities can withstand, respond to and recover from disruptions and threats related to information and communications technology (ICT). DORA complements other EU regulatory frameworks by introducing standardised requirements for digital operational resilience, which financial entities must incorporate into their risk management strategies by its effective date of 17 January 2025.

A&O Shearman has advised Farm Frites Poland on a PLN 98.6 million (EUR 18 million) financing from Credit Agricole Bank Polska, Bank Pekao, BNP Paribas, and PKO Bank Polski. Norton Rose Fulbright advised the banks.

SSW Pragmatic Solutions has advised Eika Real Estate Fund on its acquisition of the .Big business center in Krakow. Greenberg Traurig advised the sellers.

Linklaters has advised StudentSpace on the acquisition of two land plots for the development of dormitories in Krakow.

MFW Fialek has advised Tutore International on Innova Capital’s investment in Tutore Poland. Deloitte Legal advised Innova Capital.

CMS has advised Eika Asset Management on the development of a warehouse park near the Modlin Airport.

Gessel has advised Olivia Fin on a prospectus-based public offering of bonds with a total value of over EUR 11 million facilitated by Noble Securities, Dom Maklerski BDM, and Michael/Stroem Dom Maklerski.

GPLF Gorski and Partners has advised Ghelamco and the Polish Yachting Association on a joint venture regarding the Nova Marina Gdynia project.

Soltysinski, Kawecki & Szlezak has advised Euricom on its acquisition of Sonko from Oshee Polska. BCGL advised Oshee Polska.

Brzozowska & Barwinska has advised Bank Pekao on investment financing granted to a company belonging to Satoria Group including for the implementation of a residential project in Warsaw.

Norton Rose Fulbright has advised Lords LB Asset Management-managed fund Tewox on the acquisition of two retail parks located in Radom and Lodz.

Rymarz Zdort Maruta has advised Reikon Games on the sale of the adaptation rights to the Ruiner game to Universal Pictures.

Gide Warsaw has advised Polish Enterprise Fund VII on the sale of Nu-Med to Affidea. Wiercinski Kwiecinski Baehr advised Affidea.

MFW Fialek has advised Tutore Poland on its full acquisition of Langmedia from Ecapital and Pawel Kowalczyk. DZP advised the sellers.

Rymarz Zdort Maruta has advised Trademarc Property Fund on the sale of a 37,590-square-meter built-to-suit warehouse located in Teresin, west of Warsaw. SKJB Szybkowski Kuzma Jelen Brzoza-Ostrowska also advised Trademarc as well as Panattoni who co-developed the project.

Norton Rose Fulbright, working with Harneys, has advised BNP Paribas Bank Polska and other lenders on the extension of a loan to ISOC/Blackrod to finance the Argon office building located in Gdansk, Poland. KNP Kaminski reportedly advised the borrower.

LegalKraft has advised Vastint Poland on a lease agreement for PKO Bank Polski at the Gdynia Waterfront complex.

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.