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In recent years, Bulgaria has increasingly prioritized the development of energy storage infrastructure as part of its broader transition to a more sustainable and resilient energy system. With growing renewable energy capacity, particularly from solar and wind sources, the need for efficient storage solutions has become critical to balancing supply and demand.

Governments increasingly involve the private sector in infrastructure projects through concession agreements or public-private partnerships (PPPs). While both models attract private investment, they differ significantly in financial structures, risk allocation, and regulatory framework. Choosing the appropriate model depends on project objectives, revenue generation potential, and public sector involvement in funding and oversight.

The year 2025 is poised to mark a significant legislative update in Ukraine’s public-private partnership (PPP) framework, representing a critical strategic approach to the country’s comprehensive post-war reconstruction efforts. The government, Parliament, and key stakeholders are actively preparing for an extensive rebuilding effort focused on infrastructure damaged during military hostilities. This process will rely on support from the European Union, the United States, international financial institutions, and other major donors.

Romania is taking a decisive step toward integrating the EU’s Corporate Sustainability Reporting Directive (CSRD) through the triple regulatory framework simultaneously established by the Ministry of Finance through Order No. 85/2024, the Financial Supervisory Authority through Norm No. 4/2024, and the National Bank of Romania through Order No. 1/2024.

Romania’s logistics and transportation sector is entering a new era. With the recent regulatory approval of DSV’s acquisition of DB Schenker, the industry is witnessing the most significant consolidation move in over a decade. The deal directly reshapes how logistics providers in Romania position themselves, scale their operations, and recalibrate strategic priorities.

The Romanian energy sector has been a hot topic in recent years due to market developments as well as to the legal framework which continued to adapt to governmental policies and the market’s needs. 2024 was no exception to this trend, with several milestones reached, and 2025 is expected to bring further changes and evolutions on the market.

Romania is accelerating its transition to renewable energy, aiming to expand wind and solar power as key components of its energy mix. In 2024, several new regulations were introduced to incentivize private investment and streamline project approvals, fostering a more attractive environment for green energy development.

The Romanian competition landscape has constantly been at the intersection of significant investment activity and intense regulatory enforcement.

Implementing a public investment is an essential part of the business strategy of many private-sector companies. Why is this? Although such projects are typically low-margin, they do guarantee a stable income.

CMS Partners Horea Popescu, Alexander Rakosi, and Ryszard Manteuffel discuss the ebb and flow of M&A deals in CEE, highlighting that the M&A landscape experienced a significant drop in overall deal values prompting strategic shifts amid ongoing geopolitical and financing challenges.

As we near the conclusion of the first quarter of 2025, it is clear that the Greek corporate landscape and M&A market are undergoing significant changes influenced by a variety of economic, regulatory, and social factors. While the M&A sector experienced steady activity over the past two years, its overall momentum was relatively muted, primarily due to geopolitical tensions, social dynamics, and inflationary pressures. However, a much-anticipated increase in traction appears to be on the horizon, making a comprehensive understanding of the current trends and challenges within the market crucial to effectively navigate and track this evolving environment.

On January 24, 2025, the Council of State, Greece’s highest administrative court, issued four landmark judgments. These are Decisions No 146, 147, 148, and 149/2025 of the Council of State in Plenary Session, published on January 24, 2025, and made available to the public on February 5, 2025. The decisions are expected to significantly impact the country’s real estate market.

The increasing frequency and severity of natural disasters pose significant risks to financial markets worldwide. In Greece, a country prone to wildfires, earthquakes, and floods, these challenges are particularly pressing. The performance of Greek banks and financial institutions is often negatively impacted by natural disasters. As a result, they are increasingly focusing on integrating natural disaster risk management into their bond loan structures to enhance financial stability and ensure market resilience.