CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
On May 21, 2025, the new Energy Law was published in the Official Gazette of the Republic of North Macedonia, adopted by the North Macedonia Assembly on May 14. This systemic and reform-oriented law marks a pivotal step in the transformation of the national energy sector, aligning it with European standards, sustainable development goals, and consumer protection principles.
Zepos & Yannopoulos has advised Procureship on an investment from True Wind Capital.
Wardynski & Partners, working with Morgan, Lewis & Bockius, has advised Solvd on its acquisition of Tooploox. Marszalek i Partnerzy reportedly advised the sellers.
TGS Baltic has advised Lendurai on a EUR 5.5 million investment round led by Expeditions Fund, HCVC, and Vsquared Ventures. Ellex advised the investors.
Cytowski & Partners and Motieka & Audzevicius have advised Lithuania-based SintraAi on its USD 17 million seed financing round, which saw the participation from Earlybird Ventures, Inovo VC, Practice Capital, and several angel investors from Silicon Valley and Central and Eastern Europe. Goodwin reportedly advised Earlybird Ventures.
In our previous practice, we have assisted clients in the course of implementation of AI systems (“AIS”), i.e., assessment of the impact of risks of AIS, especially in the medical and research sector. While working on these projects, we came to the conclusion that many companies overlook obligations or are not even aware of risks for safety, health and fundamental human rights which are tied to the implementation and use of high-risk AIS and can result in significant compliance risks under the applicable legal framework.
Ellex has advised venture capital fund Superangel on its participation in the USD 20 million Series A funding round for UK-based technology company Labrys.
