CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
In recent years, growing energy demands and environmental concerns have brought nuclear energy back into focus. Its importance lies in producing large amounts of energy while emitting fewer greenhouse gases than fossil fuels. As countries seek sustainable energy solutions, many are turning to nuclear power. However, despite its benefits, nuclear energy faces legal barriers in several countries, including Australia, Austria, Denmark, and Serbia.
Clifford Chance has advised Nofar Energy Romania on engineering, procurement, construction, and operation and management contracts with AJ Construction for a 73.6-megawatt photovoltaic park in Slobozia, Giurgiu County.
Kinstellar has advised the MOL Group on its EUR 1.3 billion new polyol complex in Tiszaujvaros, Hungary.
Stratulat Albulescu has advised Compagnia Valdostana Delle Acque on its acquisition of Sunnerg Group.
CMS has advised OMV Offshore Bulgaria on the permit transfer procedure with the Bulgarian Government and the issuance of a force majeure certificate by the Bulgarian Chamber of Commerce and Industry for the Han Asparuh 1-21 offshore block.
Djingov, Gouginski, Kyutchukov & Velichkov has successfully defended Electrohold Sales in an energy dispute involving clawback and insolvency recovery claims brought by an insolvency creditor in the insolvency proceedings of Future Energy.
CMS has advised Chint/Astronergy on a supply agreement for the supply of photovoltaic panels and high-voltage transformers for the renewable energy market in Bulgaria.
