Squire Patton Boggs has successfully represented the Slovak Republic in an investment treaty claim originally worth USD 2.11 billion.

Schoenherr has advised the managers involved on the Erste Group Bank’s issuance of EUR 1 billion 3% mortgage Pfandbriefe due 2032. Wolf Theiss advised the Erste Group Bank.

DWF has advised Eiffage Immobilier Polska on the forward sale of a build-to-rent residential project in Warsaw’s Praga-Polnoc district to Heimstaden Bostad. Dentons advised Heimstaden Bostad.

White & Case Turkish affiliate law firm GKC Partners has advised Koni Teknik Muhendislik on its acquisition of all of the share capital of Socar Turkiye. Kilinc Law & Consulting advised Socar and its affiliates Bursagaz and Kayserigaz.

Walless, working with Reynolds Porter Chamberlain, has advised Ebury on the acquisition of Lithuania-based ArcaPay. TGS Baltic advised ArcaPay.

PRK Partners, working with Hengeler Mueller, has advised XXXLutz Deutschland on its acquisition of the Porta Group from Porta Westfalica.

Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki have advised Grand Games on its USD 30 million series A led by Balderton Capital with participation from existing investors Bek Ventures and Laton Ventures. Kinstellar's Turkish affiliate KST Law advised Balderton. Baker McKenzie Turkish affiliate Esin Attorney Partnership reportedly advised BEK Ventures.

Sayenko Kharenko has advised Piraeus Bank on an agreement with the U.S. International Development Finance Corporation on the provision of a USD 20 million portfolio guarantee to the bank.

TGS Baltic has advised Zalvaris on its EUR 5 million Siauliu Bankas-arranged public bond issuance and the subsequent admission of those bonds to trading on the Nasdaq Baltic First North market by Nasdaq Vilnius.

PHH has advised ATG Entertainment on establishing a new musical theater in Vienna together with the City of Vienna.

Kinstellar, working with Luxembourg-based Brouxel & Rabia, has advised Genesis Growth Equity Fund I on the acquisition of a majority stake in LLP Group from Adam Bager, Tim Smulders, Barbara Dreska, and Jiri Stiller. Wolf Theiss, working with Ashurst, advised the sellers.

JDP has advised Trei Real Estate on EUR 38 million financing from Munich-based Deutsche Pfandbriefbank AG. BNT Attorneys advised Deutsche Pfandbriefbank.

Asters has launched a new Forensic practice headed by Counsel Sviatoslav Ogreba.

Bogdan Cordos has been promoted to Partner at RTPR.

Eniko Uveges has been promoted to Lead Legal Counsel at Grundfos.

Popescu & Associatii has promoted Adina Vlaicu, Andreea Mihalache, and Mirel Radescu to Partner.

Tuca Zbarcea & Asociatii has promoted Serban Paslaru to Equity Partner.

TurkNet has appointed Merve Oney Barlas as its new Chief Legal, Compliance, and Regulation Officer.

Rojs, Peljhan, Prelesnik & Partners has promoted Polona Fink to Partner.

Jeremiasz Kusmierz has been promoted to Partner at Penteris.

Vinzenz Waldhof has been appointed Partner in the Construction & Real Estate team at KWR Karasek Wietrzyk Rechtsanwaelte.

Koutalidis has promoted Senior Associates Dora Karagiorgou and Manolis Kasotakis to Partner as part of its latest promotion round.

Andrzej Debiec, Katarzyna Debinska-Pietrzyk, Wojciech Marchwicki, Piotr Skurzynski, and Agnieszka Szczodra-Hajduk have joined Roedl & Partner as Partners alongside a wider ex-Hogan Lovells team of 14 lawyers.

PRK Partners has announced a partnership with Quantera Global.

The European Union’s Strategy for Cooperation in the Indo-Pacific, launched in October 2021, marked a significant shift in the EU’s foreign policy. It represented a comprehensive approach to engaging with the region of the Indo-Pacific, which is increasingly recognized as a global economic and strategic hub. Together, the Indo-Pacific and Europe hold over 70% of global trade in goods and services, as well as 60% of foreign direct investment (FDI) flows.

Although more than six years have passed since the adoption of the new Personal Data Protection Law (the “Law“), there are still practical uncertainties about when data controllers and processors must appoint a Data Protection Officer (DPO). Additionally, many foreign data controllers and processors subject to the Law have yet to fulfill their obligation to appoint a representative for personal data protection. This lack of compliance makes it harder for individuals to exercise their rights when it comes to the processing of their personal data.

Intellectual property is a broad concept that covers several types of legally recognized rights originating from some type of intellectual creativity or that are otherwise related to ideas. Intellectual property rights are rights to intangible things, i.e., ideas as expressed (i.e. copyrights) or as embodied in a practical implementation (i.e. patents). Fundamentally, intellectual property rights are rights in ideal objects, distinguished from the material substance in which they are instantiated. In today’s legal systems, the key forms of intellectual property are (i) copyrights, (ii) trademarks and (iii) patents.

In 2023, Hungary introduced the Extended Producer Responsibility (EPR) system, which places the financial responsibility for the waste management of circular products on producers.

By passing the proposed bill on 25 November 2024, the Hungarian Government enacted significant changes to the taxation of company vehicles, set to take effect in 2025 and beyond. These modifications aim to increase tax revenues and promote the adoption of environmentally friendly vehicles.

The German Law on the Corporate Due Diligence Obligations for the Prevent of Human Rights Violations in Supply Chains introduces for the first time the obligation for German companies to comply with certain procedures and rules, implement due diligence obligations and appropriate measures, in supply chains, with the aim of preventing human rights violations and damages to the environment. The mentioned German Law does not have a direct impact on companies in Serbia, so the sanctions prescribed by that Law cannot be enforced in Serbia, however, there is a certain influence on Serbian companies that will need to comply with, for reasons of further cooperation with German companies.

The Austrian Supreme Court (6 Ob 224/23v) recently determined the requirements for a partial transfer of a share if the articles of association expressly stipulate that shares cannot be divided.

The amendment package includes several minor amendments to help interpreting the text of the Hungarian ESG Act, and the provisions of the ESG Act have been brought into line with the content of the regulations supplementing the provisions of the ESG Act in several places. The amendments entered into force on 19 January 2025.

A draft law proposing changes to Law No. 8116, dated March 29, 1996, “The Civil Procedure Code of the Republic of Albania,” has been submitted for approval to the Albanian Assembly. These amendments are part of a comprehensive initiative to enhance the efficiency of the judicial system and improve the overall quality of judicial proceedings in the country.

Poland is becoming more and more interesting for foreigners looking to invest. This is due to Poland’s central location in Central and Eastern Europe and the country’s continuous economic development, making it a place with potential for becoming a focal point for Central European business on the Old Continent.

The Serbian Commission for Protection of Commission ("Commission") has announced that it will conduct a sector inquiry of the state and conditions of competition in the pharmaceutical industry. This move by the Commission was expected, given the announcements made by the Government of the Republic of Serbia last year.

Several amendments to pharmaceutical promotional laws in Hungary came into effect on 1 January 2025, with others following on 1 February 2025. Some of these amendments have long been urged by the pharmaceutical industry.

RTPR announces the promotion of Bogdan Cordos to Partner. He joins the team of 8 partners consisting of Costin Taracila, Victor Padurari, Alexandru Retevoescu, Mihai Ristici, Valentin Berea, Roxana Ionescu, Alina Stavaru and Cosmin Tilea.

The bpv Huegel team led by Elke Napokoj advised the founder and the shareholders of EVK DI Kerschhaggl GmbH (“EVK”).

A transaction team of bpv Huegel advised RWA Raiffeisen Ware Austria Handel und Vermögensverwaltung eGen (RWA eGen) on the acquisition of shares in RWA Raiffeisen Ware Austria Aktiengesellschaft (RWA AG) from BayWa Aktiengesellschaft (BayWa AG).

RADULESCU & MUSOI provided comprehensive legal support for the successful completion of the transaction through which DigiRay, whose majority shareholder is the investment fund Black Sea Fund, acquired the three Maraffka clinics in Ploiești.

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. 

IMMOFINANZ takes further step to optimise group structure. IMMOFINANZ Group holds 100% of the shares in S IMMO following completion of the squeeze-out.

RTPR announces the successful closing of a new M&A transaction in the energy industry, the sale of the renewable energy portfolio of Evryo Group, owned by funds managed by Macquarie Asset Management, to PPC Group.

Nechala and partners advised the seller, Mr. Heimo Wallisch, on the successful sale of EASYS s. r. o.

Vienna, 04 November 2024. The experienced tax partner Nicolas Wolski (42) will take over as Head of Tax at bpv Huegel with November 2024.

JŠK advised PRE Group on its acquisition of 100% stake in solar power plant supplier SolidSun.

The Reverse Share Split at a ratio of 10:1 to reclassify the company's share capital was resolved at the Annual General Meeting on 14 June 2024.

The IMMOFINANZ Group acquired a further approx. 38% of S IMMO shares from CPI Property Group SA for a purchase price of around EUR 608.5 million.