CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Romania is a key player in the European oil and gas market, being the largest natural gas producer in Central and Eastern Europe. Romania has one of the largest processing capacities in Eastern Europe and recently progressed with the development of the Black Sea reserves, currently estimated anywhere between 42 to 84 billion cubic meters of natural gas.
With ESG gradually coming into focus, companies, industries, and whole countries are looking to the TMT sector for guidance. CMS Ukraine Partner Olga Belyakova and CMS Bosnia and Herzegovina Counsel Sanja Voloder share their insights.
Bojovic, Draskovic, Popovic & Partners has announced the launch of its Environmental, Social, and Governance department led by Partner Milica Pesteric.
Kinstellar has advised Danish developer Jantzen Renewables ApS on its sale of the Helios 1 photovoltaic cluster in Romania to OMV Petrom. Schoenherr reportedly advised OMV.
Schoenherr has advised HS Timber Industrieinvest on establishing a joint venture with Hat Trick to build a sawmill in Argentina and produce and trade logs worldwide. PHH advised Hat Trick.
On June 29, 2023, Greenberg Traurig announced that KI Chemistry’s acquisition of Ciech shares in a voluntary tender offer (reported by CEE Legal Matters on May 3, 2023) had closed.
Kyriakides Georgopoulos has advised Blue Grid Gas & Power on the acquisition of the 999-kilowatt Biomesti biogas production unit in Mesti, Evros.
