CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Krehic & Partners, in cooperation with Deloitte Legal, has advised the Belfry Group on its acquisition of the majority shareholding in Pismorad. The joint law office of Lovro Zovko and Antonija Simonkovic reportedly advised the sellers.
Did you know that Dentons worked on more reported client matters in Central and Eastern Europe in 2022 – 86 – than any other firm (with Sorainen only one behind), and that Andrzej Stosio of Clifford Chance in Poland worked on more client matters than any other lawyer in the region – 13 (with Mantas Petkevicius of Sorainen in Lithuania and Roxana Ionescu of Radu Taracila Padurari Retevoescu in Romania both only one behind, with 12)?
Deloitte Legal has advised Marketing Investment Group on the acquisition of a chain of 22 stores in Slovenia, Croatia, Serbia, and Bosnia and Herzegovina.
Clifford Chance has advised Bank Pekao on its over PLN 500 million financing for the acquisition and redevelopment of three logistics centers by separate special purpose vehicles. Reportedly, Greenberg Traurig advised the sellers and Deloitte Legal advised the buyers on the acquisition transaction. On the financing transaction, Greenberg Traurig reportedly advised the buyers on receiving the financing.
Krehic & Partners in cooperation with Deloitte Legal, working with Deloitte Legal UK, has advised Syskit Croatia and its Croatian shareholders on the sale of their shares to Cade Hill Investments-funded Syskit UK. Cipcic-Bragadin Mesic & Associates, working with Mills & Reeve, advised the buyer.
Deloitte Legal has advised LKN Wealth Capital Investors on the sale of its stake in Media Pop to Grupa Wirtualna Polska. Brzozowska & Barwinska reportedly advised Grupa Wirtualna Polska.
High levels of M&A activity in Croatia, originating from both domestic companies and foreign investors, are reshaping a number of sectors – primarily IT and media – according to Tarja Krehic, Managing Partner of Krehic & Partners in cooperation with Deloitte Legal.
Did You Know that, according to the Activity Rankings function of the CEELMDirect website, Schoenherr has published 18 articles of legal analysis on the subject of litigation/dispute resolution on CEE Legal Matters — the most of any firm — over the nine years of its existence?
Deloitte Legal has advised Van Oord Dredging and Marine Contractors on its successful bid in a tender for a capital dredging works project in Klaipeda Port.
The legal landscape has changed remarkably since 2008 when I made the jump from being an in-house lawyer at the Central Bank of Albania to a legal associate at a law firm. At the time, for a lawyer working in two small-sized non-EU countries such as Albania and Kosovo, work was predominantly focused on the local markets, with no or little exposure to international activities. This started to change as the CEE region became more attractive to foreign investors, who were looking at opportunities often spread across several countries. The legal work in M&A, privatization processes, and energy investments often involved teams from various law firms, both in CEE and in Western Europe or the US, and was my gateway to gaining knowledge of the regional market and understanding the space for growth there.
Deloitte Legal affiliated firm Reff & Associates has advised NEPI Rockcastle on its acquisition of Carrefour's stake in Ploiesti Shopping City. Tuca Zbarcea & Asociatii advised Carrefour.
Zvezdelina Filova has become the new Local Practice Leader for Deloitte Legal in Bulgaria, following the departure of former Partner Reneta Petkova.
Rymarz Zdort has advised the Inelo Group on the acquisition of a majority stake in FireTMS. Deloitte Legal advised the FireTMS shareholders.
Balicki Czekanski Gryglewski Lewczuk and KRK Kieszkowska Rutkowska Kolasinski, working with Cassels Brock & Blackwell, have advised Ramm Pharma on the acquisition of HemPoland from The Green Organic Dutchman Holdings. Deloitte Legal advised the seller.
Contributed by Deloitte Legal.
Bernitsas has advised Delta Foods SMSA on the sale of its wholly owned Bulgarian subsidiary United Milk Company EAD to Tyrbul EAD.
Deloitte Legal has promoted Serbia-based Stefan Antonic and Poland-based Patrycja Bolimowska and Jacek Korzeniewski to Local Partners.
Deloitte Legal affiliated firm Reff & Associates has advised Bank of Cyprus on the sale of a portfolio of non-performing loans and repossessed properties in Romania with a face value of EUR 147 million to an entity part of the APS group. Tuca Zbarcea & Asociatii advised the buyer.
Deloitte Legal Adriatic is a unique law firm consisting of teams of highly specialized lawyers, providing a vast range of legal services, and part of the commercially integrated Deloitte Legal Group. Deloitte Legal Adriatic has a team of 50 legal professionals, qualified in their jurisdictions, at offices across 8 countries: Albania, Bosnia, Croatia, Kosovo, Montenegro, North Macedonia, Serbia and Slovenia. Across the Adriatic region, our offices assist clients in this interlinked, highly complex, and dynamically developing region. We are among the largest law firms in our jurisdictions and have offices in each of the most important business centers. With a multi-lingual international team, all of whom are fluent in English, we can assist clients through our dedicated language desks including in Chinese, German, French, Russian, and many other languages, including all the Balkan languages.
Deloitte Legal Adriatic’s bundled, technology-enhanced, cross-border capable service array is a step ahead in providing clients with effective business solutions, and in these challenging times is even more important than ever before in our Adriatic Region. Our team has a collaborative orientation as well as the country specific and international legal and business savvy your business needs. Like our clients, we also know that sure success, in addition to everything else, usually requires winners to simply work both harder and smarter. We are here for our clients to do just that.
Across the Adriatic, we offer a full scope of legal services in the main commercial practice areas, including:
Besides traditional legal fields, we are building prominence in growing fields such as Business Integrity, Legal Management Services, Tax Litigation & Controversy, E-commerce, and Fintech. We take pride in being able to pioneer in industries and practices ahead of many other law firms. We have the benefit of accessing cutting-edge data, technical aspects, and operational realities of various industries through our internal Deloitte collaboration with various service lines (Consulting, Financial Advisory, Tax, and others). This market intelligence is again unparalleled among our competition and presents a wealth of opportunities for genuine insights to evolving trends.
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Authentic synergies with our financial and tax teams, as well as our colleagues’ professional experience and education, make our firm one of the most experienced, effective and efficient firms in the Adriatic region, with expertise in a wide variety of legal fields. Our positioning on the legal markets has been noticed and recognized by both mainstream international attorneys-ranking agencies – Chambers & Partners, IFLR and the Legal 500, which distinguishes us across all significant legal areas and functions.
Local contacts:
1. Albania and Kosovo
Deloitte Legal Sh.p.k
Sabina Lalaj, Attorney-at-Law, Managing Partner
2. Bosnia and Herzegovina
Advokatsko društvo “Legal Partners” d.o.o.
Aida Hamur, Attorney-at-Law
3. Croatia
Krehić & Partners in cooperation with Deloitte Legal
Tarja Krehić, LL.M. (DUKE)
Attorney-at-Law, Managing Partner
4. Serbia, Montenegro and North Macedonia
Law Office Antonić
Stefan Antonić, independent attorney at law in cooperation with Deloitte Legal