TGS Baltic has advised the investors, including Scale Wolf VC and Linas Sargautis, on participating in Vilnius-based Blackswan Space's EUR 760,000 pre-seed funding round.

NKO Partners has advised the IGEPA group on its acquisition of a 51% stake in Serbian company Oracal Polikarbonati from Dejan Karic, who will stay on with a 49% stake. Four Legal advised the seller.

Walless has advised the Typhoon Wealth Group Limited on its acquisition of Lithuania's Ambr Payments.

TGS Baltic has advised recycling company Eco Baltia on its acquisition – via its Latvijas Zalais Punkts subsidiary – of harmful and hazardous waste collection company Eko Osta.

Taylor Wessing has advised the MLP Group on its public offering of Series G bonds and their listing on the Catalyst alternative trading system of the Warsaw Stock Exchange. CMS reportedly advised arranger mBank.

CMS has advised Greenvolt Power Solar Poland on its acquisition of an 80-megawatt photovoltaic project – including a battery energy storage system capable of storing electricity up to 25 megawatts per four hours – from AES Global Power Holdings. Spasov & Bratanov, working with Bracewell, advised the seller.

Rymarz Zdort Maruta, working with Ropes and Gray, has advised Virtusa International on its acquisition of shares in ITmagination. Taylor Wessing advised ITmagination founders Daniel Arak, Dawid Lazinski, and Pawel Borowski on the sale.

Cvjeticanin & Partners has advised Infinity Production on copyright protection for the Sing with Me TV music show.

WKB Lawyers has advised the Raben Group on a EUR 23.4 million financing from mBank that will also support the development of a new zero-emission logistics park in Silesia. Deloitte Legal advised mBank.

Schoenherr has advised Grupa Zywiec on executing a conditional agreement to sell the Lezajsk brewery to Mycofeast. Rymarz Zdort Maruta advised Mycofeast.

Karanovic & Partners has advised both parties on Embracer Group's sale of Saber Interactive to Beacon Interactive in a deal worth USD 247 million. Baker McKenzie reportedly advised the Embracer Group.

Kinstellar has advised the Hungarian Power Exchange and the Hungarian transmission system operator on the Project Bluesky transaction which saw HUPX join the regional Adex power exchange. Lukman Odvetniska Druzba reportedly advised Adex's Slovenian shareholder, ELES. Isailovic & Partners reportedly advised EMS, the Serbian shareholder of Adex.

Former Senior Legal Counsel Can Aksoy has been appointed as Delivery Hero's Principal Legal Counsel M&A.

Former Turkiye Finans Katilim Bankasi Head of Legal Advisory Mehmet Tekergul has moved to the Alternatif Bank as Head of Legal.

Stratulat Albulescu Partner Adriana Dobre has been appointed the firm's new Head of Dispute Resolution.

Former CMS Warsaw Senior Associate Przemyslaw Karolak has joined banking-as-a-service cloud-native platform Vodeno as its General Counsel.

Former Counsels Maria Nefeli Bernitsa and Fotodotis Malamas have been appointed to Partner positions with Greek law firm Bernitsas.

Former Senior Counsel Pawel Kulak has been appointed as the Nordic Investment Bank's Principal Counsel.

Former Senior Associate Tania Patsalia has been promoted to a Partner position with Bernitsas.

Former Counsel Viktoria Szilagyi has been promoted to a Partner position with Lakatos Koves & Partners in Budapest.

Former Associate Partners Azuolas Cekanavicius and Povilas Junevicius have been promoted to Partner positions with Ellex in Lithuania.

On April 2, 2024, the LCF Law Group announced that Ivan Bondarchuk had been promoted to the firm's Partner ranks and will now lead its Energy and Projects practice in Kyiv.

RoPower Nuclear In-House Counsel Andrei Nicolae has been appointed as the General Counsel of the company.

Former Counsels Christina Chini, Vasilis Douzenis, and Niki Orfanidou have been promoted to Partner positions with Kyriakides Georgopoulos.

To enhance the competitiveness of the Hungarian economy, the Government plans to accelerate the process of setting up companies in Hungary for foreigners. Currently, individuals who do not understand Hungarian language, should wait days or even weeks to receive the decision from the Hungarian Company Registry Court certifying the registration of their new company.

According to the provisions of the Labor Law (“Law”), in case of (culpable) breach of work obligations or non-compliance with work discipline by an employee, before terminating the employment contract or imposing another measure prescribed by Law, the employer is obliged to warn the employee in writing about the existence of grounds for termination of the employment contract and to provide them with a deadline (of at least eight days from the date of receipt of the warning) to respond to the allegations included therein.

The question is not "if" you will face a cyberattack, but "when". Ensure your cyberspace is resilient to security risks early. New cybersecurity regulation will impact many Slovak companies this year and next.

Since COVID, we have been living with a rule that makes the acquisition of ownership by foreigners in certain Hungarian companies operating in strategic sectors subject to government approval. Although we can no longer speak of a state of emergency, the rule is expected to stay with us for long – albeit with several modifications along the way, as happened in January this year.

On 26 February 2024, the 34/2024 (II.26) decree on the different application of Act C of 2000 on Accounting during an emergency was published in the Hungarian Gazette, which repeals a decree issued a few days before, on 8 February.

Contributed by Boga & Associates.

Contributed by Babic & Partners.

Contributed by Bird & Bird.

Contributed by Boga & Associates.

Contributed by Ilaw Lextal.

Contributed by Aci Partners.

Contributed by Jovovic, Mugosa & Vukovic.