Piotr Szafarz, Partner in Dentons’ Warsaw office, has been appointed Head of CEE Real Estate at the firm, in which capacity he will be supported by newly appointed Partners Monika Sitowicz and Bartlomiej Kordeczka. 

The Kyiv office of Dentons has advised Innovatus Capital Partners on a USD 10 million pre-export secured facility to an unidentified group of companies dealing with producing and trading of grains, oilseeds and byproducts of oilseeds, and other farming services. 

Dentons has advised Umweltbank Aktiengessellschaft, GLS Gemeinschaftsbank EG, and two investment funds managed by Triodos Investment Management on the acquisition of a majority stake in Opportunity Banka a.d. Novi Sad, a Serbian bank, from Opportunity Transformation Investments inc. Andric Law Office provided Serbian advice to the buyers, and Schoenherr reportedly advised Opportunity Transformation Investments.

As at November 2020, many borrowers in Romania are still enjoying the moratorium on debt and interest payments introduced by the Government to help combat the effects of the COVID-19 pandemic. But the moratorium period will lapse by December 31, 2020 and, if it is not extended, borrowers will need to resume debt service to avoid default.

Dentons has advised Aviva Investors on the sale of two warehouses in the Wroclaw Business Park to an unspecified construction company managed by Griffin Real Estate. Rymarz Zdort advised the buyer on the deal.

This article is an excerpt of Producing in CEE, Dentons’ guide to tax and financial incentives for film, television and digital media production.

Greenberg Traurig has advised Hines Pan-European Core Fund on the acquisition of a mezzanine warehouse facility in Wroclaw from GLL Real Estate Partners. Dentons advised GLL Real Estate Partners on the deal.

Dentons Public Procurement and Government Contracts team in Warsaw has advised Stadler Polska on the conclusion of a framework agreement and execution contracts worth PLN 600 million (EUR 130 million) with MPK, Krakow’s public transport company, to provide 60 modern Lajkonik II trams. 

Korelsky Ischuk Astafiev has advised founders Philip Ilyin-Adaev, Kirill Ilin-Adaev, and Elena Ishcheeva, on the sale of their stakes in Banki.ru to Elbrus Capital and another unspecified investment fund. Dentons advised the buyer on the deal.

Former Kocian Solc Balastik Counsel Rainer Frank has joined Dentons to lead the Czech-German collaboration group in the firm’s office in Prague.

Apak Uras Law Firm has advised Teknoser on its acquisition of 100% of the shares of Fujitsu Technology Solutions Bilisim from shareholders Fujitsu Technology Solutions GmbH and Fujitsu Technology Solutions Holding B.V.. Balcioglu Selcuk Ardiyok Keki Attorney Partnership advised the sellers on the deal.

Dentons’ Litigation and Dispute Resolution team in Bratislava has helped petitioners obtain three favorable rulings from the Constitutional Court of the Slovak Republic. 

Greenberg Traurig has advised CA Immobilien Anlagen AG on the acquisition of all shares in P14 Sp. z o.o., the owner of the Postepu 14 office building in the Mokotow area of Warsaw, from HB Reavis. Dentons advised the sellers on the deal. 

The Slovak Competition Act (No. 136/2001 Coll. as amended) has been the cornerstone of Slovak competition law for almost two decades and has seen its share of major amendments. The Slovak Competition Authority has now decided to table a new Competition Act and has submitted a draft for preliminary consultation. The draft transposes the ECN+ Directive (Directive (EU) 2019/1) and addresses a number of competition law issues that have been debated for years in Slovakia.

Dentons has advised Vseobecna Uverova Banka and UniCredit Bank on a EUR 105 million loan to J&T Real Estate for the construction of the Eurovea Tower in Slovakia. Relevans reportedly advised the unidentified borrower on the deal. 

Dentons has advised international energy group Sev.en Energy on the acquisition of the Pocerady power plant from CEZ. Skils reportedly advised CEZ on the transaction.

On October 1, 2020, the Agreement between the Government of the Republic of Turkey and the Government of the People’s Republic of China Concerning the Reciprocal Promotion and Protection of Investments (the “Agreement”) was published in the Turkish Official Gazette to ratify an amendment protocol signed by the contracting parties.

The provisions of the Market Abuse Regulation – Regulation 596/2014 of the European Parliament and of the Council (MAR) required the European Commission to present a report to the European Parliament and the Council on certain areas of MAR.