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Diligent planning and proper execution of an acquisition is a significant step leading to a successful completion of an M&A transaction. This is especially true when an acquisition takes place in uncertain economic times. The current dynamic situation in Poland, including rising inflation and spiraling interest rates largely driven by post-pandemic demand and the war in Ukraine, means that investors need to react quickly, yet very carefully when structuring a deal. 

With the war in Ukraine raging for more than six months, law firms across the region have reported increased workloads in corporate and M&A, tax, employment, immigration law, and inquiries on the sanctions regimes in relevant jurisdictions, noting that companies from Ukraine, Russia, and Belarus are variously looking for a new home. Whether to avoid sanctions or escape the war, those companies consider a variety of factors in determining where to go.

CMS has advised a consortium of Zagrebacka Banka, the Croatian Bank for Reconstruction and Development, and the EBRD on financing Taaleri Energia and Encro's EUR 126 million project to build two onshore wind farms near Zadar.

Former Noerr Partner and Head of Warsaw office Radoslaw Biedecki has joined DWF’s Warsaw team as a Senior Counsel.

Sorainen has advised Sunly on raising approximately EUR 200 million to expand its renewable energy portfolio in the Baltics and Poland. The fundraising included existing shareholders and new investor Mirova. Ellex and Linklaters advised Mirova on the investment.

The adoption of the Regulation (EU) 2017/745 on medical devices (MDR) and the Regulation (EU) 2017/746 on in vitro diagnostic medical devices (IVDR) triggered changes in the medical devices law on the national level in Poland. The new Polish Medical Devices Act of 7 April 2022 (MDA) stipulates entirely new restrictions to advertising of medical devices (Articles 54-61) that were previously unknown to this industry sector and heavy sanctions for infringements of the new rules (Articles 103 and 104).

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