The sixth package of European Union sanctions imposed on Russia is a widely discussed topic, yet the overall levels of preparedness to adopt the associated energy import ban varies from one country to another. Indeed, with Russian oil and gas exports being such a dominant source of energy for a number of European countries, it remains to be seen how all of them adapt to the change. To gain insight into how certain EU member states and non-EU countries are (likely) to fare in the immediate wake of the ban, we reached out to legal professionals from Turkey, Poland, Bulgaria, the Czech Republic, and Moldova.
Poland: Recent Developments on the Energy Market
Recent global events, in particular the Russian aggression against Ukraine and subsequent restrictions on the supply of fuel (including coal, oil, and gas), have negatively impacted not only the Polish but the global energy market.
W&I Insurance On The Rise in CEE: An Interview with Gergely Juhasz of RFB Consulting
Last year has been a busy time in terms of warranty & indemnity insurance for the CEE market, according to W&I Insurance Broker and Advisor and former M&A lawyer Gergely Juhasz.
Czabanski & Galuszynski Partner Piotr Galuszynski Appointed Attorney for EUCO Bondholders
Czabanski & Galuszynski has announced that firm Partner Piotr Galuszynski has become an Attorney for the bondholders of Europejskie Centrum Odszkodowan.
Tomasz Uljasz and Team Join Resist Rezanko Sitek
Resist Rezanko Sitek has announced that the Tomasz Uljasz-led Kancelaria Adwokacka Tomasz Uljasz team has joined the firm with Uljasz to act as an Of Counsel and head of the Private Lawyer practice.
Clifford Chance and CMS Advise on Financing for Hillwood Polska Logistics Park in Zgierz
Clifford Chance has advised Hillwood Polska on the EUR 26.3 million financing for the construction of a logistics park in Zgierz provided by Bank Millennium. CMS advised the bank.
Schoenherr Advises Alfa Laval on Scanjet Acquisition
Schoenherr, working with Mannheimer Swartling, has advised Alfa Laval Corporate on its acquisition of Scanjet Systems.
BSJP Advises on Sale of No Fluff Jobs to Ringier Axel Springer Polska
Brockhuis Jurczak Prusak Sroka Nilsson has advised the founders of No Fluff Jobs on the sale of the majority stake in the company to Ringier Axel Springer Polska.
Poland's Polarising Points: A Buzz Interview with Przemyslaw Kastyak of Penteris
Major transactions are taking place in the energy sector in Poland and the country is preparing to address gas shortages for the upcoming winter, while dealing with soaring inflation and high-interest rates, according to Penteris Partner Przemyslaw Kastyak.
WKB and SSK&W Advise on Avia Capital’s Acquisition of Hadatap
Wiercinski Kwiecinski Baehr has advised the Avia Capital Fund I on its acquisition of a majority stake in Hadatap. SSK&W Stoklosa Syp & Partners advised Hadatap and its shareholders.
Draft Amendment to the Commercial Companies Code
On 8 August, the latest draft amendment to the Commercial Companies Code was published. The bill implements Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions.
BSJP Appoints Two New Co-Managing Partners
Brockhuis Jurczak Prusak Sroka Nilsson has announced that Equity Partners Dag Nilsson and Jaroslaw Sroka have been appointed as Co-Managing Partners alongside Managing Partner Maciej Prusak, with longtime Managing Partner Joern Brockhuis moving to a Senior Partner position within the firm.
TGS Baltic Successful for Vilnius CHP in Stockholm Arbitration
TGS Baltic has successfully represented Vilnius CHP in front of the Stockholm Chamber of Commerce arbitral tribunal on a contract termination dispute with Polish boiler maker Rafako.
DLA Piper Advises Galileo on Investment in Pagra
DLA Piper has advised Galileo on its acquisition of a minority stake in Pagra and the related partnership agreement.
Gessel Advises Lode Group on Investing in PW Partner
Gessel has advised the Lode Group on its investment in PW Partner through Lode's subsidiary PCO Serwis.
Havel & Partners, Savoric & Partners, ODI Law, and Hillbridges Advise on CCC Group Refinancing
Havel & Partners, Savoric & Partners, ODI Law, and Hillbridges have advised a syndicate of banks on the approximately EUR 196 million syndicated cross-border refinancing loan to the CCC Group. Linklaters, Lakatos Koves & Partners, and Filip & Company reportedly advised the lenders as well.
Schoenherr Advises Kontron on Sale of Divisions Within IT Services Business for EUR 400 Million
Schoenherr, working with Pinsent Masons and Wenger Vieli, has advised Kontron on selling parts of Kontron Group’s IT services business to Vinci Energies during a competitive auction process, for approximately EUR 400 million. Reportedly, Baker McKenzie’s German office advised Vinci Energies. Loloci & Associates advised Kontron on Albanian matters.
FDI Screening in Poland
This article provides an up-to-date overview of the currently existing FDI regimes in Poland.