Harrisons, working with Bird & Bird, has advised the European Bank for Reconstruction and Development on a subordinated loan of up to RSD 1.4 billion (approximately EUR 12 million) to ProCredit Bank Belgrade. 

Tzvetkova, Tzvetkov & Dobreva has advised ITF Group on a dual acquisition of a majority stake in Klear and a 20% stake in FinBiz Technologies. Dimitrova, Staykova & Partners reportedly advised Klear and FinBiz Technologies.

Forgo, Damjanovic & Partners has advised Datapao on its capital raise from Databricks and Euroventures. Csovari Legal advised Euroventures. Oppenheim advised Databricks.

Sorainen has advised Livonia Partners on the sale of its majority stake in Glassense to Barrus.

Wardynski & Partners has advised IVC Evidensia Poland on the acquisition of a veterinary clinic in Gdansk operated by Gdanska Calodobowa Lecznica Weterynaryjna Zwierzyniec II S.C. Tomczak-Zabrocka, Chwojnowski, Chwojnowska.

Harrisons has advised the European Bank for Reconstruction and Development on a EUR 10 million loan to Raiffeisen Bank Serbia under the Financial Intermediaries Framework, Go Digital in the Western Balkans Program.

CCAO has advised Acibadem on its acquisition of 80% of Bayindir Healthcare Group from Trakya Yatirim Holding.

CMS has advised Zagrebacka Banka on the refinancing of Mlinar Group’s existing debt in connection with Bosquar Invest’s acquisition of a 67% indirect stake in the company. Savoric & Partners and A&O Shearman reportedly advised Mlinar and Bosquar Invest.

Schoenherr has advised Indie Semiconductor on its acquisition of Emotion3D. DKFE, and reportedly Petsch Frosch Klein Arturo, advised the sellers.

Lovric Novokmet & Partners has advised Koncar Group on Koncar Inc.’s acquisition of a 75% stake in Helb.

CMS has advised AB Investment Group on the licensing process before the Bulgarian Energy and Water Regulatory Commission for its 27-megawatt PV and 24-megawatt-hour BESS Albena Solar Project. 

Avellum has advised the Ministry of Finance of Ukraine on three loans provided under the G7 Extraordinary Revenue Acceleration Loans for Ukraine initiative, including a GBP 2.26 billion loan from the United Kingdom, a CAD 5 billion loan from Canada, and a JPY 471.9 billion loan from Japan. Hogan Lovells reportedly advised the United Kingdom. Sayenko Kharenko, working with Borden Ladner Gervais, advised Canada.

Schima Mayer Starlinger law firm has changed its name to Starlinger Mayer and will continue to operate under the brand sms.law, following the departure of Partner Georg Schima, who left to set up Conclusio Schima Lawyers in July.

HKV has promoted former Senior Associate Martin Hricko to Partner.

Former Greenberg Traurig Senior Associate Maciej Roman has joined SSW as Partner.

Former Deloitte Legal Partner Reneta Petkova has joined Legalis Global as a Senior Consultant.

Domanski Zakrzewski Palinka has promoted former Counsel Jacek Stoklosa to Partner.

Gecic Law has opened up an office in Brussels under the helm of Partner Anne MacGregor.

Damla Aygun Yararca has become the Senior Director, Legal, Ethics, Compliance & Quality at Novo Nordisk Turkiye.

DLA Piper has appointed Counsel Irina Macovei as its Head of the Intellectual Property and Technology practice in Romania.

Former Lambadarios Partner Sotiris Dempegiotis has joined Calavros Law Firm as Partner and Deputy Head of the International Arbitration Department.

Alexios Andriopoulos has joined Welcome Pickups as the company's new Head of Legal & Compliance.

Octavian Ionascu has joined DLA Piper's Romania office as a Tax Director.

Luiza Alexandra Ionescu has joined Stratulat Albulescu as Special Counsel and the firm's new Head of the Energy Department. Ionescu joins alongside Industry Expert Andreea Paraschiv.

This article examines the possibility of challenging Zonal Urban Plans (PUZ) in administrative litigation in light of Decision No. 12/2021 of the Romanian High Court of Cassation and Justice, which classified PUZs as normative administrative acts. It analyses the legal implications of the legislative amendment introduced by Law No. 151/2019, which expressly established a five-year statute of limitations for challenging PUZs.

On 6 – 7 August 2025, a new package of changes to currency restrictions in Ukraine came into force. The National Bank of Ukraine (the "NBU") introduced currency restrictions in February 2022, following the onset of Russia’s full-scale invasion.

Bulgarian’s electricity transmission system operator (ESO EAD) has published its ten-year network development plan (TYNDP), subject to final approval by the Bulgarian Energy and Water Regulatory Commission (EWRC), which has made the 400kV network the backbone of the electricity transmission network in Bulgaria, whose geographical location suggests there will be great commercial interest in using its transmission network for electricity transit.

The Hungarian Competition Authority (HCA) has recently adopted a decision in a repeated competition supervision proceeding concerning coordinated practices in public procurement procedures for diagnostic medical imaging devices in 2015. The proceeding was originally initiated in 2016. In its new decision, the HCA concluded that the undertakings involved coordinated their market behaviour infringing the prohibition on unfair market practices. The objective of their restrictive agreements was to pre-arrange the allocation of tenders in the affected procurements.

On November 21, 2024, Montenegro became a member of the SEPA geographical area (Single Euro Payment Area), thereby gaining the right for its banking system, together with the Central Bank of Montenegro (CBCG), to begin the process of joining SEPA payment schemes. This process includes both technical and regulatory preparations.

The Slovak foreign direct investment (FDI) screening regime has been in force since 1 March 2023. It covers transactions subject to mandatory screening (critical investments, based on the sensitivity of the Slovak target's activities) as well as voluntary screening (non-critical investments). In the case of mandatory screening, a standstill obligation applies, and FDI clearance must be obtained before closing.

In June of 2025, the Ministry of Construction and Transport published a draft law that would amend the government decree on the procedure for granting permits for changes of the intended purpose of commercial buildings. The original version of the decree has already required a permit for certain types of conversions of commercial buildings over 400 sqm, their separate units or sales areas, as well as for converting buildings over 400 sqm to commercial buildings.

As in previous years, Ukraine’s TMT regulatory framework continues to evolve, even amid the wartime challenges. The overarching legislative objective remains largely the same – alignment of Ukrainian law with the EU legal framework, particularly in areas shaped by digital transformation and technological advancement.

Plenty has been said of the importance of the due diligence. You may have heard the expression ‘to buy a cat in a sack’. Every buyer in a sales contract has the duty to inspect diligently the product purchased for hidden defects or non-conformity.

On 28 February 2025, the President of Ukraine signed the Law of Ukraine "On the Peculiarities of Regulating the Activities of Legal Entities of Certain Organizational and Legal Forms in the Transition Period and Associations of Legal Entities" No. 4196-IX, adopted by the Ukrainian Parliament on 9 January 2025 ("Law"). The Law will come into effect on 28 August 2025.

With the development of the digital economy, new forms of work organization and performance have emerged, particularly through digital labor platforms (e.g., Glovo, Wolt, Uber, Upwork, Freelancer).

July 2025 brought a number of significant legislative developments in Poland’s healthcare sector. Key updates include: (a) Medicinal products: The Sejm passed an amendment to the Reimbursement Act; (b) Pharmacies: A draft amendment to the regulation on detailed requirements for pharmacy premises has been published; (c) Veterinary sector: A draft Act on Animal Health is currently under consultation; and (d) Food sector: A draft amendment to the Act on Products of Animal Origin and the Act on Food and Nutrition Safety has been released.

The international sales process for the renowned Vienna Marriott Hotel at Parkring Vienna has been successfully completed with its acquisition by an international consortium of investors.

AIR ARABIA WAS FOUND COMPLIANT DURING A RECENT PROCEDURE OF PROTECTION OF PERSONAL DATA ACROSS THE EU

bpv Huegel successfully advised RWA Raiffeisen Ware Austria Aktiengesellschaft (RWA) on the sale of its share in AUSTRIA JUICE GmbH to AGRANA Beteiligungs-Aktiengesellschaft.

RWA eGen completes the purchase of shares in RWA AG from BayWa AG. The acquisition financing was structured and provided by Raiffeisen Bank International AG.

bpv Huegel is delighted to appoint Johannes Mitterecker as a partner. He works in the Corporate Law/M&A practice group and specialises in M&A transactions, restructuring and sports law.

RTPR has assisted the syndicate of banks in connection with a RON 3.1 billion syndicated loan granted to Electrica.

From the 1st May, 2025 Markian Malskyy becomes the new managing partner of ARZINGER, replacing Timur Bondaryev, founding partner. Timur Bondaryev has held this position almost ever since the firm was founded 23 years ago and, together with other partners, has built a strong legal brand.

This makes bpv Huegel’s tax practice top-ranked in Chambers Europe. This confirms the leading position of bpv Huegel in tax law advice.

EAVISTA is acquiring 75.1% of the shares in card complete Service Bank AG from UniCredit Bank Austria and Raiffeisen Bank International.

We are delighted to announce that PRK Partners has been shortlisted with other three international law firms operating on the Czech legal market as finalists for the Czech Republic Law Firm of the Year 2025 in the 26th annual IFLR Europe Awards.

The Antimonopoly Office of the Slovak Republic (PMU) imposed a fine of EUR 675,200 on United Classifieds s.r.o. for a serious breach of competition rules, namely for abuse of a dominant position on the online real estate advertising market.

RTPR announces the promotion of Bogdan Cordos to Partner. He joins the team of 8 partners consisting of Costin Taracila, Victor Padurari, Alexandru Retevoescu, Mihai Ristici, Valentin Berea, Roxana Ionescu, Alina Stavaru and Cosmin Tilea.