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JSK has advised KKCG on a transfer of shares in SAZKA Group entities between it and EMMA Capital.

Mrowiec Fialek & Partners has advised the shareholders of Pentacomp Systemy Informatyczne S.A. on their sale of a majority stake in the company to Lorentz Tech Limited.

Filip & Company has advised LafargeHolcim on its acquisition of the Somaco Group from Oresa Ventures in Romania. Popovici Nitu Stoica & Asociatii advised Oresa on the sale, which remains subject to regulatory approvals and competition clearance in Romania and is expected to close in the fall of 2019.

Baker McKenzie's Kyiv, Frankfurt, Berlin, Amsterdam, and Zurich offices have advised Bayerische Landesbank on a EUR 180 million loan facility to Primorskaya-1 and Primorskaya-2 Wind Electric Plants — members of the DTEK Renewables group — for a 200 megawatt wind power plant in the Zaporizhzha region of Ukraine.

The Law Firm of Attorney-at-Law Dr. Robert Siwik has represented Central Europe Genomics Center sp. o.o. in a successfully-completed Polish public procurement procedure entitled "Delivery of Innovative Products That Make Up the Genomic Map of Poland," conducted by the Institute of Bioorganic Chemistry of the Polish Academy of Sciences.

Asters has advised JSC Ukrzaliznytsia, Ukraine's public railway company, on a USD 500 million Eurobonds offering of 8.25% notes due July 2024. Dechert provided advise to Ukrzaliznytsia on English law matters.

Clifford Chance has advised Teijin Holdings Netherlands B.V. on the acquisition of Benet Automotive s.r.o., a Czech-based supplier of composite components to the automotive industry, from Jet Alfa. DRV legal advised Jet Alfa.

CMS has advised the Modus Group on its sale of 49 solar power plants in Poland to Aberdeen Standard Investments SL Capital Infrastructure II fund. Weil, Gotshal & Manges advised the buyers on the deal.

PeliPartners has advised AFI Europe on its agreement to acquire 75% in the development of the old Casa Radio building in downtown Bucharest from a company controlled by Plaza Centers NV. Firon Bar-Nir advised Plaza Centers on the deal.

Mari Matjus has been promoted from Associate Partner to Partner at the Nove law firm in Estonia.

Former Arzinger Partner Markian Malskyy has left the firm after being appointed Head of the Lviv Regional State Administration by the President of Ukraine.

Sabina Lalaj, who has led Deloitte Legal in Albania and Kosovo since 2015, has been promoted to Local Legal Partner at the firm.

Former Orrick Partner Konstantin Kroll has joined Dentons’ Moscow office as a partner in the Corporate and M&A practice.

Sayenko Kharenko is reporting that it is in negotiations with Ukrainian lawyer Yevgeniy Solodko about potentially joining SK and merging his team with SK’s criminal law practice. ”The most critical point in the negotiation process is verifying the absence of any conflicts of interest and [conducting] thorough KYC checks of each client,” SK stated.

Goldman Sachs has hired Robert Makowski as an Executive Director in its Legal Department.

Reff & Associates, the law firm representing Deloitte Legal in Romania, has promoted litigation specialist Cristi Secrieru to Partner.

Former Baker McKenzie Partner Jozsef Antal has become the Chief Legal Counsel at Hungarian spare auto parts trading company Unix Auto Kft.

Manuela Guia, Partner with D&B David si Baias, the law firm connected with PWC in Romania, has left the Big 4-affiliated firm to set up a new firm with lawyers Bianca Naghi and Octavian Adam: GNP Guia Naghi and Partners.

A trendy investment product of recent years has been solar energy projects: under the feed-in tariff (FIT) scheme, the government guarantees what looks like a cash cow for all those who choose to seek their fortune in this sector. But as is usually the case, this money won’t just fall into your lap. Without the necessary professional expertise or the proper legal groundwork, solar power projects can easily run out of steam too.

The Constitutional Tribunal recently analysed regulations regarding dawn raids carried out by the Office for Competition and Consumer Protection (OCCP) and ruled that the respective law is not in line with the Constitution insofar as it excludes the possibility to challenge rulings allowing searches to be conducted.

60, 59, 58, 55… this is how the number of taxes has changed in Hungary over the past 4 years. The trend is certainly encouraging, but behind the figures there are some more complex phenomena at play.

The authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio, has been given from the Ministry of Economy to the Ministry of Trade (“Ministry”). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.

The deductibility of the VAT content of incoming invoices has long been a source of consternation both for equity investors and for the holding companies heading up corporate groups. In a relaxation of the general ban on VAT deduction in these cases, the European Court of Justice (“ECJ”) has given ‘active’ holding companies a way around the restrictions. Meanwhile, other recent judgments by the Court have further expanded the opportunities for VAT deduction. Nevertheless, the ECJ’s decisions also show that it’s better to err on the side of caution.

Presidential Circular on Information and Communication Security Measures (“Circular”) is published in the Official Gazette of July 6, 2019. The aim of the Circular is reducing of security risks and governing measures to be taken to ensure safety of information which is critical to national security and public order.

The team of the intellectual property practice of INTEGRITES prepared a compilation of relevant news in the field of protection of IP rights for the second quarter of 2019.

The Constitutional Tribunal recently analysed regulations regarding dawn raids carried out by the Office for Competition and Consumer Protection (OCCP) and ruled that the respective law is not in line with the Constitution insofar as it excludes the possibility to challenge rulings allowing searches to be conducted.

On 29 May 2019 the EU Commission published a guidance on the interaction between the Regulation on the free flow of non-personal data (FFD Regulation) and the General Data Protection Regulation (GDPR). In particular, private businesses, notably small and medium-sized enterprises and other entities which process data in the course of their professional activities, will benefit from the guidance.

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Giedre Dailidenaite, Partner at Primus Derling in Vilnius, says the recent news in the Lithuanian legal community involves FinTech regulations, “in particular involving the difficulties FinTech businesses are facing with anti-money laundering and data protection issues.”

Competition/Antitrust expert Sam Baldwin is a British national in Budapest’s Szecskay Attorneys at Law. Before joining Szecskay he spent eight years as an attorney in Copenhagen with the Gorrissen Federspiel law firm. He has significant experience advocating before national competition authorities and the European Commission and is successful at fending off accusations of wrong-doing on behalf of clients. He has represented companies in national court proceedings as well as at the General Court and European Court of Justice in Luxembourg.

Bardugov Alexander is the Head of Legal of Banca Intesa in Moscow, a role which he has held since 2013. He first joined Banca Intesa in 2004 as a Junior Legal Counsel, gradually progressing to Head of Sector for Banking Operations Legal Support in 2008, Head of Legal Support for Retail and SME in 2009, and Head of Business Legal Support in 2010.

On January 17, 2019, CEE Legal Matters reported that Finland's Caverion Emerging Markets Oy had sold its Czech subsidiary to KART spol., a member of the CEZ Group. We reached out to Ville Ojanen, Caverion's VP Strategy and M&A, for comment.