Cerha Hempel has advised Pierer Mobility on the establishment of an e-bike production joint venture with Maxcom. Reportedly, Noerr advised Pierer as well and Lukanov & Gencheva advised Maxcom on the deal.
In December 2021 the Bulgarian Parliament adopted a moratorium on electricity, water supply and heating prices on the regulated market. The moratorium was imposed due to the record high electricity prices on the Independent Bulgarian Electricity Exchange ("IBEX") and the expected adjustments in the prices on the regulated market applicable to household customers. The Bulgarian Energy and Water Regulatory Commission ("Regulator") has been prevented from taking any action regarding these price increases until 31 March 2022 by virtue of the moratorium.
Contributed by Schoenherr.
Tsvetkova Bebov Komarevski has changed its name to Tsvetkova Bebov & Partners, following the departure of Ilya Komarevski. Aside from the new name, the firm announced that Victoria Tzonkova and Damyan Leshev were elevated to Partner, while Eleonora Mateina was appointed to Head of Competition and Pharmaceuticals.
In recent years, as a result of the global political and economic environment and the consequences of the Covid-19 pandemic, the e-commerce has become a preferred method for trading goods and services for both businesses and consumers. More and more online trading platforms are emerging, where platform operators connect sellers and buyers using different business models and payment mechanisms.
Kinstellar and Eisenberger + Herzog have advised Belgian KBC Group subsidiary KBC Bank on its EUR 1 billion acquisition of Raiffeisen Bank International’s Bulgarian subsidiary Raiffeisenbank. Wolf Theiss advised the seller.
Schoenherr has announced the appointments of Austria-based Miriam Simsa, Bulgaria-based Alexandra Doytchinova and Czech Republic-based Vladimir Cizek to Equity Partners. The firm also promoted Austria-based Dominik Hofmarcher and Slovakia-based Sona Hekelova to Partners.