CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Moravcevic, Vojnovic and Partners in cooperation with Schoenherr has advised Agri Europe Cyprus on its acquisition of a 74.94% stake in Hipotekarna Banka Podgorica. Komnenic & Partners advised a group of corporate, family, and individual sellers.
In October 2024, the Court of Justice of the European Union (CJEU) rendered a judgment in preliminary ruling proceedings concerning the international FIFA Regulations on the Status and Transfer of Players (RSTP) in relation to the freedom of movement of workers principle of the EU.[1] For the first time after the Bosman judgment in 1993[2], the legal framework of international football might face major changes.
A&O Shearman and Divjak, Topic, Bahtijarevic & Krka have advised Partners Group on the sale of VSB Group to French energy company TotalEnergies. Jones Day reportedly advised TotalEnergies.
Schoenherr has advised Siemens Energy Holding on the acquisition of a 76% stake in Slovenia-based Gridpulse from Mosdorfer and C&G Skupina Investiranje in Svetovanje. Advant Beiten reportedly advised the sellers.
Schoenherr has won Best Law Firm of the Year at the 2024 CIJ Awards Hungary gala in Budapest. In the last three years, Schoenherr's real estate practice has played a prominent role in landmark deals in Hungary.
Schoenherr has advised Otokar on a USD 1 billion public contract with Romanian state company Romtehnica, an entity of the Ministry of National Defence.
Schoenherr has advised Enery on signing an 11-year virtual power purchase agreement with Nokian Tyres for the supply of zero CO2 emission energy to Nokian Tyres' new passenger car tire factory in Oradea, Romania.
Deloitte Legal has advised PortfoLion Capital Partners on their investment in 4FIZJO. Schoenherr advised 4FIZJO.
On November 14, 2024, banking and finance experts from Albania, Austria, Bosnia and Herzegovina, Bulgaria, North Macedonia, and Poland sat down for a virtual round table moderated by CEE Legal Matters Managing Editor Radu Cotarcea to discuss digitalization and the impact of tech on the banking sector in CEE.
Few topics have sparked as much controversy in 2024 as the seizure and examination of mobile data carriers and the data found therein. Despite an urgent need to have the legal framework amended by the end of 2024, a new draft bill was published only on 20 November 2024. We take a look.
Schoenherr has advised Bank Gospodarstwa Krajowego on a EUR 40 million financing agreement for the development and long-term investment of a Puro Hotel in Budapest. Szabo, Kelemen & Partners Andersen advised Puro.
As Schonherr Head of Intellectual Property and Dispute Resolution practices in Bulgaria Ventsislav Tomov explains, Bulgaria’s delicate political situation and unreliable judicial system are creating a challenging environment for both local and international businesses. Amid these uncertainties, internal corporate investigations are on the rise, driven by cultural clashes between Western investors and Bulgarian management as well as growing concerns over compliance and governance.
Schoenherr, working with Proskauer Rose and Paul Hastings, has advised Luminator Technology Group and Wingspire Capital on USD 40 million term and revolving loans granted to LTG.
Schoenherr has advised Seidel Hungaria Ingatlankezelo on its sale of an industrial asset located in Ajka, Hungary to Muszertechnika Holding. Molnar and Bereczky advised Muszertechnika Holding.
In recent weeks, the Slovak Parliament has approved two laws that could substantially increase labour costs for employers in Slovakia. One amendment to the Minimum Wage Act raises the automatic determination rate of the minimum wage, while another introduces a new contribution to cover sports activities for employees' children.
Schoenherr has advised Pan-Pek on securing a EUR 20 million long-term loan from Privredna Banka Zagreb, part of the Intesa Sanpaolo Group, in cooperation with the European Bank for Reconstruction and Development.
Schoenherr has advised Electrum Concreo on up to PLN 400 million financing via bilateral multi-product lines and a refinancing facility from PKO Bank Polski, mBank, Bank Gospodarstwa Krajowego, Credit Agricole Bank Polska, and Santander Bank Polska. Clyde & Co advised the banks.
Moravcevic Vojnovic and Partners in cooperation with Schoenherr has advised InPharm Co on its acquisition of Casa Spadijer Bioclinica.
Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.
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