Norton Rose Fulbright has advised Operator Gazociagow Przesylowych GAZ-System on securing PLN 2.2 billion in financing for the development of the Gdansk–Gustorzyn gas pipeline from Bank Gospodarstwa Krajowego. Bird & Bird advised the Lender.
Bernitsas Advises Georg Duncker on Acquisition of Fortius Risk Solutions and National Insurance Brokers
Bernitsas has advised Georg Duncker on its acquisition of Fortius Risk Solutions and National Insurance Brokers.
Schoenherr Advises UniCredit Bank Serbia on First Mini-Bond Issuance
Moravcevic, Vojnovic, and Partners in cooperation with Schoenherr has advised UniCredit Bank Serbia on the issuance of a mini-bond in Serbia.
Wolf Theiss, Dentons, and Boyanov & Co Advise on Sofia South Ring Mall's EUR 79 Million Refinancing
Wolf Theiss has advised Sofia South Ring Mall on the EUR 79 million cross-border refinancing of its flagship retail property in Bulgaria. Dentons and Boyanov & Co advised the lenders – Eurobank Bulgaria, Eurobank Greece, and Eurobank Luxembourg Private Bank.
MFW Fialek Advises CSOB on Financing for Enterstore’s Acquisition of 4kraft
MFW Fialek has advised Ceskoslovenska Obchodni Banka on the financing granted to Enterstore for the acquisition of 4kraft.
Hungarian Film Funding Rises to HUF 81 Billion in 2025
According to a government decree issued on 5 June 2025, the annual rebate amount to be deposited to the collection account for supporting Hungarian film productions increases from HUF 69 billion to HUF 81 billion in 2025. The rebate remains unchanged at 30%, however, an annual cap of HUF 407 billion for new registrations has also been introduced.
Structuring Bulgarian Law Guarantees for Foreign Credit Arrangements
Lenders under foreign law credit arrangements subjected to the competence of English or other non-EEA courts – whose judgments (as opposed to those from EEA courts) are not automatically recognised or enforced in Bulgaria – often seek separate guarantees, allowing them to directly sue Bulgarian guarantors (e.g. wealthy domestic subsidiaries of multinational borrowers) in Bulgaria and obtain local court injunctions. Using the typical Bulgarian law guarantee arrangements subjected to the competence of Bulgarian courts in such cases is problematic.