Deloitte Legal's Romanian affiliate Reff & Associates has advised Knauf Insulation on its acquisition of the Gecsat glass mineral wool factory located in Tarnaveni from Gecsat SA shareholders.
Ludvik Juricka Rejoins Deloitte Legal as Partner
Former Havel & Partners Partner Ludvik Juricka has rejoined Deloitte Legal as a Partner and leader of the firm's commercial team as well as its offices in Brno and Ostrava.
BCGL, LC Legal, and Deloitte Legal Advise on Rokoko Partners’ Acquisition and Financing of Szklo Company
Balicki Czekanski Gryglewski Lewczuk has advised Rokoko Partners on its acquisition of Szklo Company and transaction financing, refinancing the existing debt, and providing working capital to the target from Bank Pekao. LC Legal advised the sellers. Deloitte Legal advised the financing bank.
Hana Gawlasova Joins Deloitte Legal as Head of Digital and TMT Czech Republic
Former Squire Patton Boggs Partner Hana Gawlasova has joined Deloitte Legal as a Partner and Head of the firm's Digital and TMT team in the Czech Republic.
TGS Baltic Advises Auga Group on Delisting from Warsaw Stock Exchange
TGS Baltic has advised the Auga Group and its main shareholder on delisting the company's shares from the regulated market of the Warsaw Stock Exchange and the related mandatory tender offer. Reportedly, Deloitte Legal advised the Auga Group as well.
PNSA and Efrim Rosca & Asociatii Advise Bico Industries on Acquisition of Terra Impex Group
Popovici, Nitu, Stoica & Asociatii and Efrim, Rosca & Asociatii have advised Bico Industries on its acquisition of the Terra Impex Group. Zlate & Partners reportedly advised the seller, Mihai Vaida.
Reff & Associates Advises on Elrond Network’s Acquisition of Twispay
Deloitte Legal affiliated firm Reff & Associates provided both sell-side and buy-side assistance on Elrond Network’s acquisition of Twispay.
Deloitte Legal and Greenberg Traurig Advise on Panattoni’s Sale of Swiebodzin Warehouse Facility
Deloitte Legal has advised Panattoni and other sellers on their EUR 160 million sale of the Swiebodzin warehousing facility to an undisclosed Korean investor. Greenberg Traurig advised the buyer.
Norton Rose Fulbright Advises on PLN 864 Million Financing for R.Power
Norton Rose Fulbright has advised a club of banks including Bank Pekao, Erste Group Bank, ING Bank Slaski, PKO Bank Polski, and Santander Bank Polska on a PLN 864 million financing for R.Power Group's solar power plant portfolio. Deloitte Legal reportedly advised R.Power on the deal.
The Case for Deposits in Albania’s Microfinance Sector
With a population of approximately 2.8 million inhabitants, Albania’s economy is mostly composed of SMEs. To a large extent the financial sector is driven by commercial banks, however, in recent years, thanks also to extensive regulation by the central bank (Bank of Albania – BoA), non-bank financial institutions (NBFIs) have picked up a significant portion of the market.
All Roads Lead to the EU: Albania - Almost 10 Years in the Making And 10 More To Go
“The genesis of Albania’s EU accession talks dates back to June 2003, when Albania, alongside other Western Balkan countries, was identified as a potential candidate for EU membership,” explains Deloitte Legal Local Legal Partner Sabina Lalaj. While Hoxha, Memi & Hoxha Partner Eris Hoxha points out that Albania was a candidate country since 2014, official membership negotiations were opened only on March 25, 2020. According to Kalo & Associates Co-Managing Partner Aigest Milo, “the next step is for the first Inter-Governmental Conference to be held (presumably during the first semester of 2022),” but Hoxha says “no specific date has been determined yet.”
Reff & Associates Advises Speedwell on Land Acquisition in Bucharest
Deloitte Legal’s Reff & Associates has advised real estate developer Speedwell on its acquisition of a nine-hectare plot located on the Griro platform, in Bucharest.
Eversheds Sutherland and Deloitte Legal Advise on SilverTree and Perwyn Acquisition of Salesmanago
Eversheds Sutherland has advised investors SilverTree Equity Partners and Perwyn on the acquisition of the Salesmanago platform and its Krakow-headquartered developer Benhauer from 3TS Capital and others. Deloitte Legal advised Benhauer on the sale.
RTPR Advises Adrian Ionescu on Sale of Adidana to RDF
Radu Taracila Padurari Retevoescu has advised Adidana's founder Adrian Ionescu on the sale of the company to RDF. Deloitte Legal's Reff & Associates reportedly advised RDF on the deal.
Kinstellar and Deloitte Legal Advise on Portiva’s Acquisition of Astrid Offices from UBM
Kinstellar has advised the Portiva investment group on its acquisition of the Astrid Offices building in Prague from the UBM Group. Deloitte Legal advised the UBM Group on the sale.
Norton Rose Fulbright, Clifford Chance, Krehic & Partners, and Magnusson Advise on PLN 1.84 Billion Financing for Inter Cars
Norton Rose Fulbright, Krehic & Partners, and Magnusson have advised Inter Cars on the extension, increase, and reorganization of senior facilities in the aggregate amount of PLN 1.84 billion. Clifford Chance advised the financing consortium.
Tuca Zbarcea & Asociatii and Dentons Advise on BT and OTP Financing for AIG's Acquisition of Thames Farming
Tuca Zbarcea & Asociatii has advised Banca Transilvania on a EUR 49.5 million syndicated loan to the African Industries Group financing the acquisition of Thames Farming Enterprises. Dentons advised AIG on financing and the English law-governed acquisition, with Deloitte Legal's Reff & Associates also reportedly advising on the transaction.
Do E-commerce Platforms Provide Payment Services and Should They Get Licensed?
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.