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  • Eversheds Sutherland and SWS Scheed Woess Advise on TSG Austria’s Acquisition of E-Port Elektrotechnik from Upper Austria

    Eversheds Sutherland has advised TSG Austria on the acquisition of E-Port Elektrotechnik from Marin Bruckmueller, Harald Winkler, and Kerstin Peinbauer. SWS Scheed Woess advised the sellers.

    According to Eversheds Sutherland, TSG Austria is a provider of technical services for responsible mobility solutions. It designs, builds, and maintains all types of energy distribution infrastructures for mobility, including electric vehicle charging networks, LPG/LNG, hydrogen, and also fuel/biofuel service stations.

    E-Port Elektrotechnik is a medium-sized company that focuses on the planning and production of electrical systems and installations.

    The Eversheds Sutherland team included Partners Aurelius Freytag and Michael Roehsner, Lawyers Clemens Stieger and Sebastian Borer, and Associates Sandra Singhofer and Julian Maurer.

    The SWS Scheed Woess team included Partner Hans Peter Woess and independent attorney at law in cooperation with SWS Scheed Woess Christina Stumpner-Trunk.

  • CK Legal Advises on PragmaGO’s PLN 35 Million Bonds Issuance

    CK Legal Chabasiewicz Kowalska has advised PragmaGO on its issuance of four-year secured bonds of series D2.

    PragmaGO is a non-bank financial institution in Poland.

    According to CK Legal, the investor interest was “so high that the company decided to increase the number of offered bonds and their total nominal value from PLN 30 million to PLN 35 million.”

    Earlier in 2024, CK Legal advised PragmaGO on its D1EUR bonds issuance (as reported by CEE Legal Matters on November 12, 2024), its PLN 30 million series C6 bonds issue (as reported by CEE Legal Matters on September 11, 2024), its PLN 35 million series C5 bonds issue (as reported by CEE Legal Matters on August 1, 2024), its PLN 30 million series C4 bonds issue (as reported by CEE Legal Matters on July 10, 2024), a EUR 3.5 million bonds issuance (as reported by CEE Legal Matters on May 28, 2024), its PLN 25 million C3 bonds issuance (reported by CEE Legal Matters on April 2, 2024), its PLN 25 million issuance of series C2 bonds (reported by CEE Legal Matters on February 1, 2024), and its acquisition of single invoice financing market company Monevia (reported by CEE Legal Matters on February 13, 2024).

    The CK Legal team included Partner Wojciech Chabasiewicz and Head of Capital Markets Anita Gwozdz.

  • BDK Advokati Enters North Macedonia and Expands in Bosnia & Herzegovina

    BDK Advokati has entered North Macedonia via a cooperation agreement with a local qualified independent Attorney at Law Josif Filipovski. Moreover, the firm has expanded its presence in Bosnia & Herzegovina with the addition of Melika Basic.

    Before joining forces with BDK Advokati, Filipovski spent almost nine years at the helm of his eponymous Law Office Filipovski, since 2016.

    According to BDK Advokati, this move will allow the firm to “extend to yet another jurisdiction the offering of our expertise and the quality of service our clients are used to. Josif is a corporate and commercial lawyer based in Skopje, with eight years of experience in advising clients on a wide range of issues of relevance to their business operations in North Macedonia. Apart from his native Macedonian, he is fluent in English, Serbian, and Slovenian.”

    Additionally, BDK Advokati has entered into a cooperation with Melica Basic, an independent Attorney at Law established in Sarajevo. According to the firm, “Melika is a corporate and commercial lawyer who started her career in the legal department of a Big 4 accountancy firm in Sarajevo, where she quickly became the youngest manager and first female in that role.”

    Before teaming up with BDK Advokati, Basic was with KPMG between 2021 and 2024, where she has been a Manager between 2023 and 2024.

    With the expansion, the firm also announced it will no longer be a member of the SEE Legal network, with the firm announcement concluding: “We also thank our SEE Legal partners for an incredible 15 years. Even if we will be no longer a member, we remain committed to outstanding professional cooperation and the valuable personal friendships we have built together.”

  • Schoenherr Advises Erste Group on EUR 500 Million Share Buyback and Capital Reduction

    Schoenherr has advised Erste Group Bank on its EUR 500 million share buyback, followed by a cancellation of treasury shares and a reduction of the company’s share capital.

    According to Schoenherr, over a five-month period, Erste Group repurchased 10,398,524 shares equivalent to EUR 500 million. Following the repurchase, Erste Group canceled the treasury shares, effectively reducing the share capital as of December 17, 2024.

    The Schoenherr team included Partner Sascha Schulz and Associate Roland Misic.

  • Teodorescu Partners and Legalway Advise on Autonom’s Acquisition of 30% Stake in Meridian Taxi

    Teodorescu Partners has advised Autonom on its acquisition of a 30% stake in Meridian Taxi from Dan Boabes. Legalway advised Mr. Boabes and Meridian Taxi.

    Autonom offers car rental services in over 30 cities in Romania, Hungary, and Serbia.

    Meridian Taxi is a Romanian taxi service company.

    According to Teodorescu Partners, this investment “marks an important step for Autonom in expanding and diversifying its presence in Romania’s mobility sector.”

    The Teodorescu Partners team included Managing Partner Alex Teodorescu.

    The Legalway team included Managing Partner Irina Iliescu.

  • EU Deforestation Regulation – Application Date Postponed

    Companies will have an additional year to comply with new EU rules aimed at preventing deforestation, which will prohibit the sale of products in the EU that originate from deforested land
    The European Parliament and the Council of the EU have decided to postpone the application of the European Union Deforestation Regulation (EUDR) by one year, now taking effect on 30 December 2025 instead of the original 2024 deadline. The decision comes in response to concerns raised by EU member states and stakeholders about the feasibility of meeting the requirements within the initial timeframe.

    1. New application date

    Depending on the size of the company, the new application date of the EUDR are as follows:

    • Large and medium-sized companies will have to respect the obligations of the EUDR as at 30 December 2025.
    • Small companies and Micro enterprises have an additional six months to comply with the obligations of the EUDR with an application date as at 30 June 2026.

    2. Background

    The EUDR aims to curb global deforestation by prohibiting the import of key products – such as cattle, soya, coffee, cocoa, palm oil, wood and rubber – linked to deforested land beginning 31 December 2020. Companies are allowed make their products available on the EU market or export them only if they:

    • are deforestation-free;
    • have been produced in accordance with the relevant legislation of the country of production; and
    • are covered by a due diligence statement.

    3. Obligations under EUDR

    All companies and traders must conduct a due diligence to prove that the products they make available on the market or export have not been sourced from land that was deforested or degraded beginning 31 December 2020.

    According to the definitions of the EUDR:

    • companies are considered to be “operators” if they place a relevant commodity or product on the market or export them out of EU territory, where “placing on the market” means “the first making available of a relevant commodity or relevant product on the Union market”;
    • companies are considered to be “traders” if they make a relevant product available on the market, where “making available on the market” means “any supply of a relevant product for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge”.

    The due diligence process should include the following three aspects:

    (i) Collection of information (Art. 9 EUDR)

    Especially the following information, data and documents shall be collected:

    • Product information (name, scientific name for wood, and quantity).
    • Country of origin.
    • Geolocation data.
    • Trading partners (supplier and, if applicable, customer).
    • Verifiable information that the raw materials and products are “deforestation-free” and have been produced in compliance with the relevant legal provisions of the country of origin.

    (ii) Risk assessment (Art. 10 EUDR):

    The information collected in accordance with Art. 9 EUDR shall be verified and it is to be determined whether the products comply with the regulation (negligible or no risk).

    (iii) Risk reduction (Art. 11 EUDR):

    If the risk assessment reveals that the risk is not negligible, the market participant must take risk-mitigation measures to reduce the risk to a negligible level. Risk-mitigation measures include, for example, the request for additional information or on-site audits.

    In summary, companies will have to trace their supply chain and collect documentation to prove the origins of their products. Furthermore, they must assess the risk of their products contributing to deforestation and take appropriate measures to mitigate it.

    By Harald Strahberger, Counsel, and Florian Sesztak, Associate, Wolf Theiss 

  • Irmak Yensel Nergiz Makes Partner at Ergun

    Ergun has promoted former Senior Associate Irmak Yensel Nergiz to Partner.

    Yensel Nergiz’s areas of focus are banking & finance and corporate and M&A. She has been with Ergun since 2022 when she joined as a Senior Associate.

    Earlier, she was an Associate with Selvi Attorney Partnership between 2017 and 2022 and an Associate with ASP between 2014 and 2017.

  • Schoenherr and Krassowski Advise on Assa Abloy’s Acquisition of Roger

    Schoenherr has advised Assa Abloy on its acquisition of Roger. Krassowski advised Roger and its founders.

    Assa Abloy Group is an access solutions company, operating with 61,000 employees and annual sales of SEK 141 billion. 

    Established in 1991, Roger is a Polish manufacturer of on-premise electronic access control systems and related hardware.

    The Schoenherr team included Partners Pawel Halwa and Krzysztof Pawlak, Counsel Krzysztof Wawrzyniak, and Attorney at Law Klaudia Szatan.

    The Krassowski team included Partners Natalia Grzedzinska and Bartosz Krassowski and Associate Julian Kwiatkowski.

  • Musat & Asociatii Secures Retrial of Review Application in Case of Gheorghe Ursu’s Torturers

    Musat & Asociatii has won an appeal before the High Court of Cassation and Justice against a prior decision by the Bucharest Court of Appeal, allowing the retrial of the review application in the case concerning the torturers of Romanian anti-communist dissident Gheorghe Ursu.

    Musat & Asociatii is representing pro bono the descendants of Gheorghe Ursu, who was arrested and tortured to death in 1985 by the Securitate – the secret police agency of the Socialist Republic of Romania. According to the firm, the High Court of Cassation and Justice has recently admitted the appeals lodged by the Public Prosecutor’s Office attached to the Bucharest Court of Appeal and by Gheorghe Ursu’s family against the judgment of the Bucharest Court of Appeal, which rejected in principle the application for review as inadmissible. By the decision of the Supreme Court, the applications for judicial review in the case file were admitted in principle and referred to the Bucharest Court of Appeal to be analyzed on the merits.

    According to the firm, “the judgment of the High Court of Cassation and Justice paves the way for an analysis of all the documents provided by the Romanian Academy through the Nicolae Iorga Institute of History and the Institute for the Investigation of Communist Crimes and the Memory of the Romanian Exile, which highlights data and circumstances that were not taken into account in the resolution of the case and outlines a solution totally opposed to the one initially rendered.”

    The Musat & Asociatii team included Partners Stefan Diaconescu and Alexandru Terta.

  • CMS and Norton Rose Fulbright Advise on Stock Polska’s 57,000-Square-Meter Lease in 7R Park Lublin East I

    CMS has advised Stock Polska on leasing 57,000 square meters of warehouse space at 7R Park Lublin East I. Norton Rose Fulbright advised 7R.

    7R Park Lublin East I is located 4 kilometers from the center of Lublin. According to CMS, the lease is part of the 111,000-square-meter industrial park, with the new facility expected to be operational in the second half of 2025 and customized to Stock Polska’s operational needs, including enhanced fire safety features.

    The CMS team included Counsel Anna Wisniewska, Associate Maciej Liberacki, and Lawyer Marika Brokos.

    The Norton Rose team included Senior Associate Jakub Kowalczyk.