High levels of M&A activity in Croatia, originating from both domestic companies and foreign investors, are reshaping a number of sectors – primarily IT and media – according to Tarja Krehic, Managing Partner of Krehic & Partners in cooperation with Deloitte Legal.

Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Schoenherr has published 18 articles of legal analysis on the subject of litigation/dispute resolution on CEE Legal Matters — the most of any firm — over the nine years of its existence?

Deloitte Legal has advised Van Oord Dredging and Marine Contractors on its successful bid in a tender for a capital dredging works project in Klaipeda Port.

The legal landscape has changed remarkably since 2008 when I made the jump from being an in-house lawyer at the Central Bank of Albania to a legal associate at a law firm. At the time, for a lawyer working in two small-sized non-EU countries such as Albania and Kosovo, work was predominantly focused on the local markets, with no or little exposure to international activities. This started to change as the CEE region became more attractive to foreign investors, who were looking at opportunities often spread across several countries. The legal work in M&A, privatization processes, and energy investments often involved teams from various law firms, both in CEE and in Western Europe or the US, and was my gateway to gaining knowledge of the regional market and understanding the space for growth there.

Deloitte Legal affiliated firm Reff & Associates has advised NEPI Rockcastle on its acquisition of Carrefour's stake in Ploiesti Shopping City. Tuca Zbarcea & Asociatii advised Carrefour.

Zvezdelina Filova has become the new Local Practice Leader for Deloitte Legal in Bulgaria, following the departure of former Partner Reneta Petkova.

Rymarz Zdort has advised the Inelo Group on the acquisition of a majority stake in FireTMS. Deloitte Legal advised the FireTMS shareholders.

Balicki Czekanski Gryglewski Lewczuk and KRK Kieszkowska Rutkowska Kolasinski, working with Cassels Brock & Blackwell, have advised Ramm Pharma on the acquisition of HemPoland from The Green Organic Dutchman Holdings. Deloitte Legal advised the seller. 

Contributed by Deloitte Legal.

Bernitsas has advised Delta Foods SMSA on the sale of its wholly owned Bulgarian subsidiary United Milk Company EAD to Tyrbul EAD. 

Deloitte Legal has promoted Serbia-based Stefan Antonic and Poland-based Patrycja Bolimowska and Jacek Korzeniewski to Local Partners.

Deloitte Legal affiliated firm Reff & Associates has advised Bank of Cyprus on the sale of a portfolio of non-performing loans and repossessed properties in Romania with a face value of EUR 147 million to an entity part of the APS group. Tuca Zbarcea & Asociatii advised the buyer.

The long-awaited Commercial Court finally being functional and the anticipated reforms on minimum wages and the verification and confiscation of unjustified assets are the key talking points in Kosovo, according to Deloitte Kosova Legal Manager Ardian Rexha.

Deloitte Legal has advised ZPUE and its main shareholder Koronea on the tender offer for 100% of ZPUE's shares, with mBank as the broker.

Wardynski & Partners has advised Bio-Rad Laboratories on its acquisition of Curiosity Diagnostics from Scope Fluidics for a total consideration of up to USD 170 million in upfront and future milestone payments. Deloitte Legal advised Scope Fluidics on the sale.

Greenberg Traurig has advised the Stock Spirits Group on the acquisition of Polmos Bielsko-Biala. Deloitte Legal advised Polmos Bielsko-Biala on the deal.

Norton Rose Fulbright has advised a consortium of banks including Santander Bank Polska S.A. and Bank Ochrony Srodowiska S.A. on financing for Bakalland. Deloitte Legal reportedly advised Bakalland on the deal.

Former Senior Managing Associate Diana Fejer has been promoted to Partner at the Deloitte Legal-affiliated firm Reff & Associates as of September 1, 2022.