Rymarz Zdort Maruta, working with Freshfields Bruckhaus Deringer’s US office, has advised managers Wood & Company Financial Services and Ipopema Securities on an accelerated book-building transaction concerning Vigo Photonics’ PLN 63 million issuance of series F ordinary bearer shares.

Domanski Zakrzewski Palinka has advised Tauron Zielona Energia on purchasing a 90-megawatt photovoltaic farm project implemented on a cable pooling basis in Postomino municipality, Poland.

MFW Fialek, working with Orrick Herrington & Sutcliffe, has advised Cogito Capital Partners on leading the Series A investment round for UK-based Sky Engine Limited and its Sky Engine Polish subsidiary.

Marked by recent political shifts, impacted by global trends, and facing many legislative changes, Poland is seeing critical updates on taxation, energy, state companies' leadership, the balance of transactions, and renewed discussions on judicial reform, according to Crido Legal Managing Partner Jakub Ziolek.

Wardynski & Partners has advised Infinitas Learning on its acquisition of Wydawnictwa Szkolne i Pedagogiczne. Gide advised the Central Group, the main shareholder of WSiP, on the sale.

Soltysinski Kawecki & Szlezak has advised Straumann Holding on its acquisition of Schmidt Dental from Oliver Schmidt. Burzak Okon and Partners reportedly advised Schmidt on the sale.

MFW Fialek has advised entities belonging to the XBS Group in obtaining an investment loan from mBank.

Clifford Chance has advised Bank Millennium on the synthetic securitization transaction for a portfolio of unsecured non-mortgage loans with a total value of PLN 7.2 billion. Allen & Overy reportedly advised organizer and issue agent UniCredit Bank AG.

Jasinski has advised the Nauta Shiprepair Yard on its acquisition of a dry dock from Poland's Industrial Development Agency.

Poland's Weronika Kapica and Daria Rutecka, Romania's Adina Damaschin and Mara Moga-Paler, Serbia's Zoran Soljaga, Slovakia's Michal Lucivjansky, and Slovenia's Peter Gorse have all been appointed to Partner positions with Schoenherr.

Continuing our review of 2023, did you know that a total of twelve lawyers worked on seven or more reported client matters in Poland in 2023 – a step up from the ten lawyers who worked on that many in 2022? The 2023 partner leaderboard was led by Tomasz Rogalski of Norton Rose Fulbright, who worked on a market-leading 15. Clifford Chance’s Andrzej Stosio, whose 11 reported deals in 2022 led the market, repeated that number in 2023, tying him for second place with White & Case’s Marcin Studniarek.

WKB Lawyers has advised Elektrownia Wiatrowa Baltica 2 – investors in the Baltica 2 Offshore Wind Farm – on the contract for the development of the farm's onshore connection with cable lines.

Norton Rose Fulbright has advised the lenders on the increase and extension of a multi-currency revolving credit facility for Pfleiderer Polska Group members. Rymarz Zdort Maruta reportedly advised the Pfleiderer Polska Group.

Dentons has advised Santander Bank Polska and BNP Paribas Bank Polska on granting a PLN 408 million financing to Nowel. Clifford Chance reportedly advised Nowel.

Dentons has advised sponsor Yevulei Shemesh Renewable Energy Group the PLN 335 million financing extended by mBank and the EBRD for the construction and operation of a 48-megawatt onshore wind farm in south-eastern Poland.

Regulation (EU) 2022/2554 of the European Parliament and of the Council of 14 December 2022 on digital operational resilience for the financial sector and amending Regulations (EC) No 1060/2009, (EU) No 648/2012, (EU) No 600/2014, (EU) No 909/2014 and (EU) 2016/1011 (“DORA”) contains a number of requirements for ICT service providers, which will become binding on January 17, 2025. Therefore, 2024 will be a year of intensive work on the part of service providers to ensure compliance with the new, demanding regulation.

Traple Konarski Podrecki & Partners has announced it is launching a new Digital Services practice.

DLA Piper, working with Slaughter and May, has advised Corsair Capital on the acquisition of MJM Holdings and the related financing. Marszalek & Partnerzy, working with sole practitioner Szymon Skiendzielewski, advised the MJM Holdings shareholders.