Schoenherr has advised the KKCG Group and its portfolio company Aricoma Group International on the acquisition of Bulgarian software company Musala Soft and its subsidiaries. CMS reportedly advised the sellers.
Did You Know: Kinstellar's Jan Juroska Setting the Pace on Czech Deal Leaderboard
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Kinstellar Partner Jan Juroska has worked on 37 reported deals since 2013 – far and away the most of any lawyer in the Czech Republic?
CMS Successful for Shell Energy Europe in Obtaining Gas Trader License for Bulgaria
CMS has successfully advised Shell Energy Europe on obtaining a license for trading natural gas in Bulgaria.
A Look at the Engine for ESG: Finance
Between sustainability-linked loans and, more recently, green bonds, the finance world has been one of the early adopters and promoters of the ESG movement. We spoke with CMS Partners Ana Radnev, Cristina Reichmann, Ihor Olekhov, and Rafal Zakrzewski to check in on the status of ESG in this crucial sector.
Hungary: ESG in the Supply Chain – Why Does It Matter?
The importance of ESG in business has become clearer as the moral and ecological reasons are now obvious to everyone. In theory, all companies support the idea of doing business in a more sustainable and climate-friendly way. However, in practice, companies usually only do something when they have to. In Hungary, there isn’t any binding ESG supply chain act in place yet, which could wrongly lead to the conclusion that the topic is unimportant. Yet considerations about ESG in the supply chain are no longer nice-to-have but have become a must-have globally, and Hungary is no exception. There are various locally relevant reasons for which companies must start prioritizing the management of ESG risks in their supply chain.
Slovakia: ESG Transforming the Market
The Slovak market is undergoing an ESG transformation. As in most CEE countries, ESG is not yet regulated by a specific law in the Slovak Republic. Nevertheless, the trend toward considering ESG issues has appreciably increased in the last two years.
Dorda Among Plethora of Firms Advising on DigitalBridge's Acquisition of GD Towers
Dorda has advised the DigitalBridge Group on its joint acquisition with Brookfield Infrastructure and its institutional partners of a 51% stake in GD Towers from Deutsche Telekom. E+H and Latham and Watkins advised the bidding consortium of GIP, KKR, and Stonepeak. Reportedly, Allen & Overy and Morgan Lewis also advised DigitalBridge, Freshfields and Weil, Gotshal & Manges advised Brookfield Infrastructure, while, on the sell side, Gleiss Lutz, Noerr, CMS, Schoenherr, Cuatrecasas, and Freshfields advised Deutsche Telekom on the deal.
CMS Advises Alpla on Acquisition of Apon
CMS has advised Austria's Alpla on its acquisition of Polish pharmaceutical packaging producer Apon.
Greenberg Traurig and Baker McKenzie Advise Echo Investment on Sale of Office Building in Wroclaw
Greenberg Traurig and Baker McKenzie have advised Echo Investment on the sale of the MidPoint 71 office building in Wroclaw to the Trigea Real Estate Fund.
North Macedonia: Legislative Updates on Infrastructure Projects
The development of road infrastructure is important for the Macedonian authorities. The Government of the Republic of North Macedonia (RoNM) analyzed and undertook different approaches for the realization of infrastructure projects in the past. During the last few years, the Assembly of the RoNM (Assembly) has adopted two laws that stipulated additional regimes for the realization of infrastructure projects.
Austria: PPP & Infrastructure Projects Going Digital and Green
Public infrastructure projects in Austria and in particular PPPs are undergoing several changes. In the last few years, the focus of PPPs was on social infrastructure like schools, hospitals, and other clinics. Many of them have been structured as so-called Betreibermodelle, i.e., a form of build, finance, and operate models. However, the focus is clearly shifting towards infrastructure for digitalization and climate change.
Practice Check-In: North Macedonia
ODI Law Partner Gjorgji Georgievski, EY Law North Macedonia Manager Jana Nikodinovska, CMS Partner Marija Filipovska, Popovski & Partners Partner Ognen Martinov, and Lalicic & Boskoski Partner Vedran Lalicic talk about what practices have been keeping their firms busy and their outlook.
Strike! Law Firms Compete in 5th CEELM Budapest Law Firm Bowling Challenge
On June 30, 2022, CEE Legal Matters hosted the fifth edition of the CEELM Budapest Law Firm Bowling Challenge: A competition of four-person teams from leading law firms in Hungary, with all proceeds going to the previous winner’s charity of choice. A total of 13 law firms competed for the trophy – and the bragging rights that go along with it.
Ulcar & Partners and Zivkovic Samardzic Advise on TCH’s Sale of Cimos to Mutares
Ulcar & Partners and Zivkovic Samardzic have advised the TCH Industrial Group on the sale of Cimos and its subsidiaries to Mutares. CMS and Luther reportedly advised the buyer.
CMS and White & Case Advise on EUR 220 Million Investment in Rohlik
CMS has advised a group of investors on a Sofina-led EUR 220 million series D financing round for the Rohlik Group. White & Case advised the Rohlik Group. Linklaters reportedly advised Sofina. Pierstone reportedly advised some of the investors.
CMS Appointed as Disney+ Serbian Data Protection Representative
The Walt Disney Company and Disney DTC EM Limited have appointed Petrikic & Partneri in cooperation with CMS Reich-Rohrwig Hainz as their Serbian Data Protection Representative.
Norton Rose Fulbright and CMS Advise on mBank's Financing for Pozarowo PV Portfolio
Norton Rose Fulbright has advised mBank on its financing for the construction of the 40-megawatt Pozarowo PV portfolio in Poland, sponsored by Afcon Renewable Energy. CMS advised Afcon.
Dora Petranyi Appointed Global Co-Head of CMS' Technology, Media, and Communications Group
CMS Budapest Partner and CEE Managing Director Dora Petranyi has been appointed as Global Co-Head of the firm's Technology, Media, and Communications Group, alongside CMS Germany's Pietro Fringuelli.