Lawyers are keeping busy with new legislation, dispute resolution, and technology work in Hungary, while transactional work and FDIs show a marked slowdown, according to DLA Piper Hungary Country Managing Partner Andras Posztl.
Legislative updates across the board in Bosnia & Herzegovina – with talks of criminalizing defamation, introducing electronic money, and overhauling the renewable energy framework – keep lawyers talking, according to Nikolina Bajic, Attorney at Law in cooperation with BDK Advokati.
A significant number of landmark energy and infrastructure projects are currently materializing in North Macedonia, with foreign direct investment interest constantly growing as well, according to Veton Qoku, Partner and Attorney-at-Law in cooperation with Karanovic & Partners.
There is much optimism in Moldova, following the country being awarded EU candidate status, the adoption of a comprehensive digitalization package, and the investments in IT and energy driving the economy forward, according to Gladei & Partners Partner Iulian Pasatii.
Reconstruction efforts, the relocation and diversification of businesses, currency control restrictions buoying the local M&A market, and the restart of privatizations and concessions are among the key developments in Ukraine’s business landscape, according to Integrites Senior Partner Illya Tkachuk.
The political landscape in Montenegro is dominated by the upcoming elections and the formation of a new government – sometimes leading to populist measures that may negatively affect certain industries – yet sectors like energy, tourism, and IT keep experiencing growth, according to BDK Advokati Senior Partner Luka Popovic.
In the midst of ongoing political gridlock following Bulgaria's fifth parliamentary election in two years, industries such as energy, renewables, high-tech, and healthcare still make the country an attractive investment destination, according to Schoenherr Office Managing Partner Alexandra Doytchinova.
Serbia seems to rank highly on the destination lists of foreign investors – as the country has been experiencing an uptick in M&A and the arrival of new players – with IT, pharmaceuticals, and energy being among the sectors seeing significant growth, according to Bojanovic & Partners Managing Partner Vladimir Bojanovic.
A rather busy M&A market in the Czech Republic – with the IT, industrial, and energy sectors spearheading economic bustle – will soon face important legislative updates regarding the tax system and labor regulations, according to Kinstellar Partner Karla Rundtova.