Ellex has advised Ergo International on the acquisition of ADB Gjensidige from Gjensidige Forsikring ASA.

Dentons has advised the EBRD on an equity investment in Arobs Transylvania Software. Filip & Company advised Arobs.

The Montenegrin Ministry of Internal Affairs recently implemented a Rulebook on Ultimate Beneficial Owner (“UBO”) Registration, effective from 27 July 2024. It introduces significant changes in how legal entities in Montenegro must manage their UBO information as part of the country’s effort to strengthen its fight against money laundering.

CMS, working with Herbert Smith Freehills, has advised IFC on its EUR 200 million blue and green sustainability loan loan for Maistra Hospitality. Dentons reportedly advised Maistra Hospitality.

ZSP Advokati has promoted Jasna Milosavljevic, Jelisaveta Stanisic, and Nikola Sugaris to Partners.

Taylor Wessing has advised Recorde Asset Management and Forestay Group on the acquisition of a building in Budapest’s Gellert Hill area set to become the Moricz Student Living student residence and office building. Taylor Wessing, working with Kalman & Partners, also advised Recorde and Forstay on the acquisition financing obtained from Hypo Bank Noe.