CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
A critical preparatory step towards wind farm development in the Black Sea was taken on 16 May 2025, with the Ministry of Energy’s call for Expressions of Interest to prepare a specialized study identifying the Black Sea offshore zones suitable for wind farm development. The study is envisioned under Law 121/2024 on Offshore Wind Energy, a key component of Romania’s National Recovery and Resilience Plan (PNRR).
Dentons has advised Segro European Logistics Partnership on its acquisition of a fully-leased logistics park located in Sazava, near Prague, from UDI Group.
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.
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.
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.
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.
In the past year, the European Union has taken major steps to adapt the European defense industrial policy to current challenges.
Dentons has advised BNP Paribas Bank Polska, mBank, and Santander Bank Polska on a PLN 760 million (approximately EUR 181.8 million) senior loan facility to Noho Warszawa for the construction of Noho One. Gide advised Noho.
As part of its latest promotions round, Dentons has elevated Karolina Cotronei, Ali Can Goren, Baris Yuksel, and Kamran Pirani to Partner.
Dentons has advised Sousol Holdings on the sale of its 54-megawatt ready-to-build wind project in Constanta County, Romania, to Engie Romania. Leroy si Asociatii advised Engie Romania.
Addleshaw Goddard has advised Develia on a preliminary agreement to acquire 100% of the shares in Bouygues Immobilier Polska from its French parent, Bouygues Immobilier, for EUR 66.5 million. Dentons advised Bouygues Immobilier.
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.
RTPR has advised the syndicate of banks including mandated lead arrangers Banca Transilvania and Banca Comerciala Romana and lenders Raiffeisen Bank, BRD – Groupe Societe Generale, CEC Bank, ING Bank, and Intesa Sanpaolo Bank Romania on a RON 3.1 billion syndicated loan facility granted to Electrica with Raiffeisen Bank also serving as a sustainability agent. Dentons adivsed Electrica.
Dentons has advised Hartmann Packaging on its acquisition of Dentas Romania. Schoenherr advised Dentas Romania.
Dentons has advised Fio Realitni Fond SICAV on its acquisition the Czech company owning Stara Celnice, from BVK Europa‑Immobilien‑Spezialfonds. Wilsons reportedly advised BVK Europa Immobilien Spezialfonds.
Dentons has appointed Partner Anna Szymanska as the new Head of Public Procurement in its Warsaw office.
CMS has advised a consortium of Czech banks including Komercni Banka, Ceska Sporitelna, UniCredit Bank Czech Republic and Slovakia, and Vseobecna Uverova Banka on a new term loan facility for NET4GAS. Dentons reportedly advised the borrower.
The Czech Chamber of Deputies is discussing a key legislative proposal, known as "Lex Plyn" (Gas Act), aimed at ensuring energy stability during the coal energy phase-out. Set to take effect in August 2025, the proposal streamlines administrative processes to attract investment in gas-fired power plants while safeguarding energy security.
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Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.