CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
The long-awaited Commercial Court finally being functional and the anticipated reforms on minimum wages and the verification and confiscation of unjustified assets are the key talking points in Kosovo, according to Deloitte Kosova Legal Manager Ardian Rexha.
Deloitte Legal has advised ZPUE and its main shareholder Koronea on the tender offer for 100% of ZPUE's shares, with mBank as the broker.
Wardynski & Partners has advised Bio-Rad Laboratories on its acquisition of Curiosity Diagnostics from Scope Fluidics for a total consideration of up to USD 170 million in upfront and future milestone payments. Deloitte Legal advised Scope Fluidics on the sale.
Greenberg Traurig has advised the Stock Spirits Group on the acquisition of Polmos Bielsko-Biala. Deloitte Legal advised Polmos Bielsko-Biala on the deal.
Norton Rose Fulbright has advised a consortium of banks including Santander Bank Polska S.A. and Bank Ochrony Srodowiska S.A. on financing for Bakalland. Deloitte Legal reportedly advised Bakalland on the deal.
Former Senior Managing Associate Diana Fejer has been promoted to Partner at the Deloitte Legal-affiliated firm Reff & Associates as of September 1, 2022.
Deloitte Legal has advised Quadrum Capital on its acquisition of The IT Channel Company from NPM Investments XIII via its subsidiary DTNQ. Reportedly, JBLaw advised DTNQ on the deal. Nautadutilh reportedly advised NPM Capital.
Resolving the political deadlock in one of the Bosnian entities, tackling inflation, and a shortage of workers are among the most recent challenges in Bosnia and Herzegovina, according to Partner Zlatan Balta of Legal Partners, in cooperation with Deloitte Legal.
Wiercinski Kwiecinski Baehr has advised PKO and mBank on a financing for Electrum Concreo in the form of bilateral multi-product lines. Deloitte Legal reportedly advised Electrum Concreo.
Another milestone towards the approximation of the legislation with the EU Acquis has been completed by Kosovo. The new Law No. 08/L-056 “On the Protection of Competition”, entered into force on 22 June 2022. The Kosovan legislators in the drafting of the new law benefited from the technical assistance of EU funded project “EU support for the Kosovo Competition Authority and State Aid Commission.
Act Botezatu Estrade Partners has advised Belgian group Louis Delhaize on the sale and lease-back transaction for a Cora-anchored commercial center in Cluj to Studium Green. Reff & Associates, Deloitte Legal’s affiliate in Romania, reportedly advised Studium Green.
Wolf Theiss, working with Ropes & Gray, has advised Bain Capital Tech Opportunities on its USD 150 million investment in Ataccama, a unified data management platform provider. Deloitte Legal reportedly advised Ataccama.
Tomasz Ciecwierz has joined Deloitte Legal’s Poland office as a Partner and will co-lead the firm’s M&A and Capital Markets practice alongside Partner Ryszard Manteuffel.
Deloitte Legal has advised Kongsberg Digital and the shareholders of InterConsult Bulgaria on the acquisition of the company from ICB founders Stoyan Dobrev and Atanas Dobrev. Yordanov and Dobrev reportedly advised the sellers.
Corporate restructuring and transformations, such as status changes, are part of the business cycle of companies and represent their natural way of growing, adapting to changes in the market and exploring new business opportunities.
In the past few years, Hungary has witnessed accelerated merger trends in the fields of TMT, healthcare, and energy, among others. We reached out to several competition lawyers and spoke about Hungarian merger control regulations and the role of the Hungarian Competition Authority (HCA).
Deloitte Legal's Krehic & Partners has advised CME on its EUR 50 million acquisition of RTL Croatia. Wolf Theiss advised RTL Croatia.
The latest trend in M&A advisory, in Croatia and the region, is to offer to both sellers and buyers of CEE targets a special type of M&A insurance policy – a Warranty Insurance Policy (WIP).
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.
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Across the Adriatic, we offer a full scope of legal services in the main commercial practice areas, including:
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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