Dentons has advised a consortium of Romanian banks, including Alpha Bank Romania, Banca Comerciala Romana, BRD - Groupe Societe Generale, and Raiffeisen Bank Romania, on the issuance and private placement of municipal bonds by the Bucharest Municipality. 

BPV Huegel has advised RWA Raiffeisen Ware Austria Handel und Vermoegensverwaltung eGen and its acquisition holding on the financing and completion of the purchase of approximately 47.53% of RWA Raiffeisen Ware Austria AG shares from BayWa AG for EUR 176 million. Schoenherr advised RBI as the financing bank. FPS Fritze Wicke Seeling reportedly advised RWA eGen as well. Jones Day's Munich office reportedly advised BayWa AG.

Norton Rose Fulbright has advised Panattoni on the development of a major BTO distribution center for Media Expert in Lodz, Poland. Causa Finita Szczepanek i Wspolnicy reportedly advised Media Expert.

Dentons and its Turkish affiliate BASEAK have advised Ceyhan Terminal Hizmetleri on the construction, development, and financing of a greenfield terminal in Ceyhan, Turkiye, with financing provided by ING Bank, Banco Bilbao Vizcaya Argentaria, and Turkiye Vakiflar Bankasi. Clifford Chance and its Turkish affiliate CE Partners reportedly advised the banks.

Rowan Legal has advised Czech Railways on the sale of land in the southern section of Prague’s Zizkov freight station complex to Sekyra Group. Havel & Partners advised the buyer.

Akol Law has advised Haver Farma and Hedef Varlik Kiralama on the issuance of a sukuk lease certificate structured on the basis of a management agreement. 

Widen, working with Mason Hayes & Curran, has advised Stp.One on its acquisition of Amberlo. Noor advised the selling shareholders of Amberlo.

Kutadgu & Arsi has advised WearTechClub on its seed investment from ARI Teknokent Proje Gelistirme Planlama, Koluman Otomotiv Endustri, Matriks Finansal Teknolojiler, and angel investor Ozlem Basyazici.

Kocian, Solc, Balastik has advised Seyfor on its acquisition of the remaining stake in Dotykacka CR from Redwood Capital. Kaiser reportedly advised Redwood Capital.

Zepos & Yannopoulos has advised the entities managed by Bracebridge Capital on the securitization of the Frontier III portfolio, a EUR 700 million non-performing loan portfolio originated by the National Bank of Greece.

Dentons has advised Helaba Landesbank Hessen-Thueringen and PBB Deutsche Pfandbriefbank on the five-year extension of a EUR 100 million financing facility originally granted in 2018 to Globalworth. Greenberg Traurig advised Globalworth.

Pohla & Hallmagi, working with Wikborg Rein, has advised Marine Energy Solutions on its acquisition of the PRIME oil tanker. Reed Smith reportedly advised the unidentified sellers.

Jelena Obradovic has joined Bojanovic & Partners as a Partner and will lead the firm's Competition and Corporate & Commercial departments. Joining alongside Obradovic are Senior Associate Andrea Fluture and Associate Milica Mijatovic.

Former Filip & Company Counsel Ioana Grigoriu has joined KPMG Legal Romania as its new Co-Head of the Real Estate Practice.

Peter Plachy has joined CMS as Counsel and Head of Dispute Resolution in its office in Bratislava.

BPV Huegel has promoted Johannes Mitterecker to Partner. 

Simona Neagu and Stefan Dinu have established the Neagu Dinu Partners litigation and arbitration boutique in Bucharest. 

Gecic Law has launched a Sports Law practice group led by Senior Associate Vuk Lekovic.

Georgia-based MG Law Office has announced it is becoming Andersen Legal and is integrating with Andersen Georgia.

Former Dentons Counsel Doru Postelnicu has joined Enexus Renewable Energy as its Head of Legal.

Vukovic & Partners has appointed Dejan Plamenac as its new Managing Partner, succeeding Predrag Miladinovic.

Dragan Ikonic and Mladen Stikovic have established the Ikonic Stikovic law firm in Belgrade.

Former Legal, Compliance and Public Affairs Director at eMAG Hungary Peter Sukosd has joined Auchan Retail Hungary as its new Company Secretary.

Galya Gugusheva has joined Gugushev & Partners as a Senior Partner.

In December 2024, Poland adopted new regulations on civil protection and civil defence. It is important to note that these regulations continue the European-wide trend of reviewing national security situations and preparing for defence (the regulation entered into force on 1 January 2025).

In Hungary, foreign currency-based loan contracts became popular in 2006, as they were available at significantly lower interest rates than their forint-based counterparts. However, during the 2008 financial crisis in Hungary, debtors who had previously signed a foreign currency loan contract (most typical case was the Swiss franc loan), found themselves in an extremely difficult situation, due to exchange rate fluctuations and the crisis. Many families' repayments have tripled, leading to mass foreclosures.

On April 2, 2025, Executive Order No. 14257, issued by the President of the United States of America [“U.S.”] Donald J. Trump [“Order No. 14257”], “ Regulatıng Imports Wıth A Recıprocal Tarıff To Rectıfy Trade Practıces That Contrıbute To Large And Persıstent Annual Unıted States Goods Trade Defıcıts,” introduced new “reciprocity-based” tariffs against the United States’ trading partners.

The institute of settlement, within the scope of misdemeanors, was introduced into Macedonian legislation by the Misdemeanor Act in 2019. In the context of overburdened courts, all mechanisms that facilitate judicial processes are more than welcome.

For years, the European Union has been taking measures related to the decarbonization of industry, i.e. the reduction and, in the long term, elimination of CO2 emissions. Examples include the EU Emissions Trading System, which has been in place since 2005, or the regulations on industrial emissions of 2010.

As of 2025, the Hungarian Tax Authority (NAV) has established specialized transfer pricing expert departments, indicating an increased focus and scrutiny on transactions between affiliated companies. The three new departments are located in Budapest and in the eastern and western parts of Hungary (one in each region) and have special competence regarding the complex transaction between affiliated parties within Hungary or cross-border alike.

In the past year, the European Union has taken major steps to adapt the European defense industrial policy to current challenges.

Hungary has taken major strides towards modernising its framework for non-performing loans (NPLs) with the introduction of Act XII of 2025 on servicers of non-performing credit agreements and purchasers of non-performing credit agreements. The new legislation, which will come into force on 16 May 2025, implements the EU's Directive 2021/2167 into Hungarian law, thereby establishing a comprehensive system for the transfer, management and servicing of NPLs. These reforms are poised to transform the Hungarian NPL market, creating new opportunities and responsibilities for both domestic and international investors.

The Extension of Time (EoT) mechanism is widely used in construction contracts to account for delays beyond the contractor’s control. However, under Serbian law, EoT is not a legally enforceable right even if explicitly agreed upon by the contracting parties. Instead, the legal framework provides contractors with protection through liability release provisions rather than proactive EoT claims. While legal theory suggests that standalone EoT claims could be admissible under specific conditions, Serbian procedural law and court practice currently do not support such claims. This paper explores the interplay between contractual provisions, Serbian statutory law, and procedural rules affecting EoT claims.

On 2 May 2025, the Law of Ukraine "On Amendments to the Labor Code of Ukraine on Improving Legal Regulation of Certain Issues of Home-Based and Remote Work" dated 27 March 2025 No.4339-IX ("Law") entered into force.

Following up on the CJEU's judgment of 9 January 2025, C-416/23, Österreichische Datenschutzbehörde (Demandes excessives), the Austrian Supreme Administrative Court addressed excessive and manifestly unfounded data subject requests to data protection supervisory authorities in six cases (VwGH 29 January 2025, Ra 2023/04/0002; Ra 2022/04/0049; Ro 2023/04/0018; Ro 2022/04/0016; Ro 2022/04/0022; Ra 2020/04/0084). The Austrian Federal Administrative Court added another decision on such requests (BVwG 11 March 2025, W137 2305838-1).

This year, CPK will launch tenders totalling around PLN 30 billion. These will include the construction of roads or construction work for the Warsaw-Lodz railway line. Currently, tenders worth around PLN 4 billion are being conducted for the construction of a long-distance tunnel in Łódź and the creation of a baggage system.

RWA eGen completes the purchase of shares in RWA AG from BayWa AG. The acquisition financing was structured and provided by Raiffeisen Bank International AG.

bpv Huegel is delighted to appoint Johannes Mitterecker as a partner. He works in the Corporate Law/M&A practice group and specialises in M&A transactions, restructuring and sports law.

RTPR has assisted the syndicate of banks in connection with a RON 3.1 billion syndicated loan granted to Electrica.

From the 1st May, 2025 Markian Malskyy becomes the new managing partner of ARZINGER, replacing Timur Bondaryev, founding partner. Timur Bondaryev has held this position almost ever since the firm was founded 23 years ago and, together with other partners, has built a strong legal brand.

This makes bpv Huegel’s tax practice top-ranked in Chambers Europe. This confirms the leading position of bpv Huegel in tax law advice.

EAVISTA is acquiring 75.1% of the shares in card complete Service Bank AG from UniCredit Bank Austria and Raiffeisen Bank International.

We are delighted to announce that PRK Partners has been shortlisted with other three international law firms operating on the Czech legal market as finalists for the Czech Republic Law Firm of the Year 2025 in the 26th annual IFLR Europe Awards.

The Antimonopoly Office of the Slovak Republic (PMU) imposed a fine of EUR 675,200 on United Classifieds s.r.o. for a serious breach of competition rules, namely for abuse of a dominant position on the online real estate advertising market.

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.