DLA Piper has advised Romanian grain and oilseed trader East Grain on the sale of a majority stake in the company and its Hungarian subsidiary to the Czech Republic's Agrofert group. Schoenherr advised the buyer.
Petrovic Legal Advises SPS ME on Acquisition of Gulf International Pipe Industry
Petrovic Legal has advised SPS ME on its acquisition of Gulf International Pipe Industry from the Gulf Investment Corporation, the Arkan Group, Posco Holdings, the Oman Investment Corporation, and Capitoline Holding Limited.
RTPR and LC Legal Proof Advise on IPS Solutions Acquisition of Majority Stake in Avaelgo
RTPR has advised IPS Solutions on its acquisition of a majority stake in Romania's Avaelgo. LC Legal Proof advised Avaelgo founder and owner Mihai Tataran on the sale.
SSK&W Advises on Aper Ventures and Adamed Technology Investment in Inuru
SSK&W, working alongside Berlin-based Lindenpartners, has advised Aper Ventures and Adamed Technology on their investment in Inuru. Taylor Wessing reportedly advised Inuru.
Closing: Greek Public Power Corporation Acquisition of Enel Group’s Romanian Assets Now Closed
On October 30, 2023, Milbank announced that the Greek Public Power Corporation’s acquisition of the Romanian assets of the Enel Group (reported by CEE Legal Matters on March 30, 2023) had closed.
Filip & Company Advises Bookster on Launch of Booksprint Self-Publishing Platform
Filip & Company has advised Romanian book-borrowing company Bookster on the setup and launch of its Booksprint self-publishing platform aimed at aspiring authors.
Key Amendment to the Code of Commercial Companies in Cross-Border Company Reorganisations
The new provisions of the Code of Commercial Companies, which came into force on 15 September 2023, include a number of changes regarding cross-border and domestic mergers, divisions and conversions of commercial law companies. This is yet another major amendment to the Act, introduced less than a year after a significant amendment specifically concerning the formation and operation of capital groups, as well as changes to the rules of operation of company bodies, came into force.