CEE Attorneys has advised Sales Partner on an investment from Fortech Investments.

M&A in the CEE region has been a captivating theater of evolving trends and geopolitical dynamics of late. Schoenherr Partner Markus Piuk shares his insights on the current market trends and delves into the influence of the US-China relationship, the status of Russian-based transactions, the resilience of the CEE M&A market, and the prospects of industry consolidation and growth.

The Romanian Financial Supervisory Authority (FSA) released for public consultation a draft regulation proposing amendments to its Regulation 5/2019 applicable mainly to investment firms and, in limited cases, to credit institutions providing investment services and/or activities and alternative fund managers.

Romania's tax framework changes impacting the IT sector and a potential investment slowdown are balanced out by foreign venture capital funds increasingly participating in funding rounds for Romania-linked companies, signaling cautious optimism according to Ventures-n-Law Co-Founder Tudor Stanciu.

What is corporate crime prevention and why is it a necessary "cost"? Depending on the industry in which a company operates in Romania, it is subject to legal obligations whose violation can result in legal liability.

Ijdelea & Associates has advised the Eiffel Investment Group on the creation, financing, and ongoing development of a joint-venture partnership with R.Power Renewables for the development of a one-gigawatt portfolio of solar projects in Romania.

Former Counsels Zeno Grabmayr, Adelina Iftime-Blagean, Maciej Olszewski, Aleksandar Ristic, Bruno Stefanik, and Stefan Wartinger have all become Partners in Wolf Theiss’ respective offices across CEE.

Vlasceanu & Partners has advised the Photon Energy Group on its acquisition of two new renewable energy projects in Timis County, Romania, with the group set to further develop and operate them.

Dentons has advised Wavestone on its combination with Q-Perior. Taylor Wessing advised Q-Perior.

Wolf Theiss has advised India's automotive systems and components manufacturer Sona BLW Precision Forgings on the EUR 40.5 million acquisition of a 54% stake in Serbia's radar sensor and embedded systems company Novelic. Schoenherr, working with India's Priti Suri & Associates, advised Novelic's founders on the sale.

Bondoc si Asociatii, working with Freshfields Bruckhaus Deringer and Foley & Lardner, has advised BorgWarner on the Romanian aspects of the spin-off of its fuel supply systems and spare parts and accessories business into the Phinia company.

Filip & Company has advised Romanian software developer Arobs Transilvania Software on the transfer of its shares to the Main Market of the Bucharest Stock Exchange.

On September 8, 2023, Stratulat Albulescu announced that Encora’s acquisition of Softelligence (reported by CEE Legal Matters on May 19, 2023) had closed a week earlier, on August 31, 2023.

Former Biris Goran Partner Mariana Signeanu has joined the Bulboaca & Asociatii law firm in Bucharest as a Partner, effective September 11, 2023.

Did you know that 10 of the 18 law firms in Romania that have reported four or more client matters so far in 2023 are independent law firms, unaffiliated with international or regional law firms? According to the Activity Rankings function of the CEELMDirect website, that group of domestic Romanian law firms is led by Filip & Company and RTPR, both of which have reported working on 12 client matters so far in 2023.

Firon Bar-Nir has advised Brown Hotels on the EUR 14.5 million sale of a 25% stake in five hotels located in Greece to Tel Aviv-headquartered airline Israir.

On March 30, 2023, Advocate General Tamara Capeta (AG) delivered her Opinion in the Xella Magyarorszag (C‑106/22) case, concerning the interpretation of Regulation (EU) 2019/452 establishing a framework for the screening of foreign direct investments into the Union (FDI Regulation).

CMS has advised Integral Venture Partners on the agreement to acquire a majority stake in Romania's O’Fresh Vending Solutions.