Category: In-house

  • Peter Paroczi Promoted to Head of Compliance and Corporate Governance at QAFCO

    Hungarian Lawyer Peter Paroczi has been promoted to the Head of Compliance and Corporate Governance at the Qatar Fertilizer Company.

    Paroczi has been with QAFCO for over five years, having joined as a Compliance Officer in 2019 (as reported by CEE Legal Matters on October 18, 2019). Earlier, he spent a year with Harman International as its Global Director Counsel and six years with Samsung Electronics as General Counsel. Earlier still, he spent a year with Baker McKenzie as an Associate, between 2008 and 2009, after starting his career with a three-year stint as a Junior Associate with KPMG affiliate law firm Deri & Lovrecz.

    “I joined QAFCO five years ago where I was assigned to head the compliance function at the company,” Paroczi commented. “Qatar and the GCC region have been facing significant technological challenges and fierce competition in the oil and gas industry. The downstream sector was no exception to that. The green transition, low carbon or hydrogen fuel solutions, and an aspiration to become a world-leading corporation in the petrochemical and blue ammonia industry required a different and intricate approach from all stakeholders.  As a result of that, not just the compliance function has received more relevance and focus in the business, but corporate governance as well. Decision-making has become more complex in the past few years, while the time for making those decisions has become significantly shorter. My new role at QAFCO, besides compliance, is to enable the company to make decisions smoothly and easily and provide an effective mix of input to the executives to make QAFCO a pioneer of the blue ammonia and hydrogen fuel technology.”

    In August 2017, Paroczi was interviewed by CEE Legal Matters shortly after he joined Harman. 

    Originally reported by CEE In-House Matters.

  • Ozge Ayoz Becomes VP of Legal at Procter & Gamble

    Turkish Lawyer Ozge Ayoz has been appointed to Vice President of Legal for Central Europe, South East Europe and Eastern Europe Market Operations at Procter & Gamble in Geneva.

    Ayoz has been with Procter & Gamble for almost 25 years, first joining as a Legal Counsel in 2000. Since 2021, Ayoz has been serving as Vice President and General Counsel at P&G Brazil (as reported by CEE In-House Matters on February 12, 2021).

    Originally covered by CEE In-House Matters.

  • Dora Czegledi Becomes Lead Counsel at Fever

    Madrid-based Hungarian lawyer Dora Czegledi has been appointed by Fever to Lead Counsel.

    Czegledi has been with Fever since 2023. Previously, she spent a year with Citco France as a Senior Legal Officer (as reported by CEE In-House Matters on April 26, 2022), a year with Grundfos as Senior Legal Counsel (as reported by CEE In-House Matters on June 18, 2021), and almost 12 years with CMS.

    Originally reported by CEE In-House Matters.

  • Maciej Hajewski Moves to PIB Group

    Former Willis Towers Watson Regional Compliance Business Partner Maciej Hajewski has joined the PIB Group as its Group Head of Risk and Compliance – Europe in Poland.

    Prior to his move, Hajewski had been with Willis Towers Watson for over seven years, first joining the company as the Regional Compliance Business Partner – Central Europe in 2016, and his role was expanded to include Eastern Europe in 2021.

    Before that, he was a Senior Compliance Officer with AID. Earlier Still, he was the Chief Risk and Compliance Officer with Aegon Poland (Life and Pension) and Aegon Romania (Life) between 2011 and 2015. Before moving in-house, he was a Lawyer with the Polish Financial Supervision Authority between 2006 and 2011. Earlier still, he was a Lawyer with Hogan Lovells between 2005 and 2006.

    Originally reported by CEE In-House Matters.

  • BAT Appoints Zora Ilic as Head of Legal and External Affairs for Adria Cluster.

    British American Tobacco has appointed Zora Ilic as its Head of Legal and External Affairs for Adria Cluster.

    Ilic first joined the company as a Legal Manager in Serbia in 2012. In 2014, she was appointed to Head of Legal Serbia and Montenegro, and, in 2017, she became the Head of Legal and External Affairs Serbia and Montenegro. In 2018, she relocated to Zagreb when she was appointed to Head of Legal Adria Cluster.

    Before joining BAT, she was a Special Adviser to the Minister with the Ministry of Economy and Regional Development of the Republic of Serbia between 2010 and 2012. Before that, she was an Executive Director of the Privatization Agency of the Republic of Serbia. Earlier still, she was the Chief of Staff of the Ministry of Finance, Treasury Department.

    Originally reported by CEE In-House Matters.

  • Cansu Telli Joins SST Technology as Legal Counsel

    Cansu Telli has joined SST Technology as Legal Counsel in Turkey.

    Telli was an Attorney at Law with YK Legal between 2018 and 2022. Before that, she held the same role with Aydin & Aydin between 2017 and 2018.

    “It’s really great to be an in-house lawyer in a technology company because ‘technology’ is a key word for this century,” commented Telli. “I’m really happy and excited about my new role in this dynamic area.”

    Originally reported by CEE In-House Matters.

  • Deal 5: Everfield Head of Acquisitions Henning Schreiber on Blue Bridge Technologies Acquisitions

    On November 23, CEE Legal Matters reported that Cobalt had advised BaltCap Latvia Venture Capital Fund and funds managed by Imprimatur Capital, together with other shareholders, on the sale of Blue Bridge Technologies to Everfield. CEE In-House Matters spoke with Henning Schreiber, Head of Acquisitions at Everfield, to learn more about the acquisition.

    CEEIHM: To start, tell us more about Everfield.

    Schreiber: Everfield was formed in 2022 as a pan-European acquirer of superb vertical and specialist software companies. As part of a “buy-and-grow” strategy, Everfield aims to fully acquire the company’s share. Acquisition candidates are suppliers of proprietary and mission-critical software solutions with a turnover between EUR 1 and 8 million. The goal of Everfield is to bring together highly specialized software companies that are among the leading providers in their segment while also focusing on sustainable growth based on the existing product and service portfolio.

    Everfield‘s success is defined by the expertise, know-how, and best practices of our team with backgrounds in a variety of different industries. With a people-centered, long-term, and autonomous approach, Everfield is creating a distinct alternative to traditional private equities which is especially important when working with family and medium-sized companies. Our approach allows business owners to preserve their legacy, find a successor, expand their business, and secure personal financial freedom at whatever stage they are at. Working with Everfield means having a truly long-term partner that offers owners a fair, transparent, and sustainable way of moving to the next level.

    CEEIHM: What made this acquisition attractive to you? 

    Schreiber: Blue Bridge offers a unique set of products and skills that set them apart within the healthcare and health insurance verticals. Founded in 2007, Blue Bridge’s initial products were geared toward the streamlining of health insurance payments, which became the basis for the modern electronic processing of insurance claims and settlements between the insurer, contracting authority, and health insurance policy owner. Blue Bridge continued to develop and deliver user-friendly and easily customizable software to facilitate patient care resulting in a full-blown medical practice management system for healthcare providers.

    With its three main products (SmartInsurance, SmartMedical, PatientPortal), BBT has established itself as a leading software provider in the Latvian medical industry. BBT is the leading provider in Latvia with over 300 clinics and medical practices as customers. BBT has a unique value proposition and captures the entirety of the Latvian healthcare insurance markets. 

    CEEIHM: What was the most challenging aspect of the deal from a legal perspective?

    Schreiber: It’s always a challenge to align the interests of the selling shareholders, the management team, and the buyer. Analyzing the proper licensing of the software solution and the potential use of third-party software is always a critical aspect. BDO’s legal team was of great help in this regard. The specifics of entering Latvia were also unique, but we now we have the experience and foundation for further acquisitions across in Latvia and across the Baltics.

    CEEIHM: Why did you pick BDO as your advisor on this deal?

    Schreiber: BDO managed to service all due diligence aspects out of one hand (Legal, Financial, Tax, and SPA). BDO Germany and Latvia worked together in a good partnership and supported Everfield in all aspects of the transaction – always properly aligned and with high-quality output.

    Originally reported by CEE In-House Matters.

  • Maris Liguts Returns to Private Practice as Fort Legal Partner

    Former Baltic International Bank Management Board Member Maris Liguts has returned to private practice by joining the Riga office of Fort Legal as a Partner, starting May 2023.

    Specializing in banking & finance, Liguts previously served as a Management Board Member at the Baltic International Bank from 2022 to 2023. Earlier, he spent over five years with Deloitte Legal from 2016 to 2022, having first joined as an Associate Partner and making Partner in 2017. Between 2012 and 2016, Liguts was an Attorney-at-law with TGS Baltic, and he also worked with Tamberga & Partneri from 2009 to 2012. Before that, he spent over five years with Danske Bank, first as a Corporate Lawyer, and later as Head of Legal and Compliance,  and as a Member of the Management Committee from 2008. Liguts also worked for the Baltic American Enterprise Fund from 2002 to 2005, having first joined as a Mortgage Lawyer and being promoted to Head of the Enforcement Unit in 2004.

    “We are delighted that Maris Liguts has joined our Banking & Finance team and the firm’s pan-Baltic partnership,” Fort Legal Founding Partners Janis Likops and Sandis Bertaitis commented. “We are sure that Maris’ previously gained expertise in banking and finance transactions, as well as AML and financial regulatory matters, makes him a great addition to Fort Legal’s pan-Baltic team. Maris is an excellent fit to strengthen our Banking & Finance practice and he will add considerable value to our firm’s further growth and our offering to clients.”

    “I am very pleased to join Fort and its great team of legal professionals, who all are results orientated and ready to provide tailor-made and business-minded solutions for our clients,” Liguts added. “I highly appreciate that Fort’s values correspond with my values – to provide excellent service to the clients, build long-term relationships with them, and step into their shoes to provide an individualized approach.”

    Originally reported by CEE In-House Matters.

  • Gonca Sonmez Uyguc Appointed to Senior Director at Takeda

    Takeda has appointed former Dubai-based Head of Ethics & Compliance, ICMEA Gonca Sonmez Uyguc to Senior Director in Istanbul.

    Uyguc has been with Takeda since 2019, first joining as a Compliance Consultant before relocating to Dubai for her previous role with the company. Before that, she was a Compliance Consultant with Shire. Earlier still, she worked as a Legal, Compliance, Risk Management Strategies & Training Consultant between 2017 and 2019 and as a Legal-Compliance & Internal Audit Director with Roche between 2014 and 2017. She also worked for Novo Nordisk between 2008 and 2013, first joining the company as a Legal Manager – Novo Nordisk Business Area Near East South Asia. Between 2003 and 2008, she was a Legal Counsel with Siemens.

    Before moving in-house Uyguc was an Attorney at Law with Ersoy Bilgehan between 2000 and 2003.

    Originally reported by CEE In-House Matters.

  • Deal 5: INPP CEO Audrius Kamienas on Nuclear Reactor Dismantling Project Tender

    On February 3, CEE Legal Matters reported that Walless had advised the Ignalina Nuclear Power Plant on a project tender for reactor dismantling technology design services. CEE In-House Matters spoke with INPP CEO, Audrius Kamienas to learn more about the matter.

    CEEIHM: Let’s start with the history of the Ignalina Nuclear Power Plant.

    Kamienas: The Ignalina Nuclear Power Plant is a decommissioned nuclear power plant located in the town of Visaginas in northeastern Lithuania. The plant had two RBMK-1500 nuclear reactors, which were similar in design to the reactor that was involved in the Chernobyl disaster in Ukraine in 1986.

    The first reactor at Ignalina NPP began operating in 1983, and the second reactor followed in 1987. The plant was designed to provide about 70% of Lithuania’s electricity needs, and it remained in operation until December 31, 2009, when it was shut down as a condition of Lithuania’s entry into the European Union.

    The shutdown of the Ignalina Nuclear Power Plant was necessary because of safety concerns related to the RBMK-1500 reactors, which were considered outdated and difficult to maintain. The decommissioning process includes the safe removal and storage of nuclear waste, the dismantling of the reactors and other structures, and the restoration of the site to a safe and environmentally sound condition. The process is being carried out in stages, and it is expected to be completed in the 2040s.

    The plant’s decommissioning is a complex and lengthy process, which is expected to take several decades and cost approximately EUR 3.5 billion. The decommissioning process is mostly funded by the European Union.

    Overall, the Ignalina Nuclear Power Plant is an important part of Lithuania’s history, and its decommissioning is a significant undertaking that will require careful management to ensure the safety of the workers involved and the surrounding environment. Our mission today: creating a clean environment through sustainable management of the nuclear legacy.

    CEEIHM: As reported by CEELM, Walless recently advised on a project tender for the plant. What is the goal of the tender?

    Kamienas: The objective of the tender is the design of services for reactor core dismantling technologies of both RBMK 1500 reactors and for the management of the generated waste. The services will include the preparation of safety and licensing documents and providing support in interactions with stakeholders and regulatory bodies for obtaining permits needed to proceed with the dismantling of the reactor cores.

    The design services for the dismantling technologies will be provided in two phases. In Phase 1, a concept for the dismantling of the reactor will be developed through the award of two pre-contracts with contractors. Each of the two contractors will design and propose two engineering solutions. Afterward, the best project will be chosen. 

    CEEIHM: What was the most complicated aspect of the tender from a legal perspective?

    Kamienas: Dismantling of the RBMK-1500 in the way INPP is doing it is a unique and first-of-its-kind project in the whole nuclear energy industry. It was never done before and should take about 15 years to finish. Accordingly, when you are carrying-out unique long-term activities, you face unique risks and threats, many of which are of a legal kind. When conducting tender procedures, INPP was looking forward to attracting key players in the nuclear energy sector, to ensure timely and safe project implementation.

    The most complicated aspect of the tender from a legal standpoint was to make the tender attractive from a legal perspective to major companies acting in the given field. Such attractiveness was of several kinds:

    – Clear general conditions

    – Adequate qualification requirements for Tenderers

    – Proper Tender evaluation criteria

    – Flexible contract content

    – Transparent Tender procedures 

    CEEIHM: How was the work split on the tender between your in-house team and that of Walless?

    Kamienas: Walless assisted INPP from the very beginning of the project starting with the development of the concept of the tender. All work on the tender was carried out together by all parties: INPP, Central project management agency, Walless, and the European Commission. Walless consulted INPP on the tender document conditions, legal aspects of the contract (amendment possibilities, intellectual property, etc.), and conducting the tender.

    CEEIHM: And why did you pick this firm, in particular, to assist you in this project?

    Kamienas: Walless was selected by tendering procedures at the beginning of the project. As subsequent cooperation with Walless proved to be effective, Walless was chosen to assist on the project untill the end of the tender procedures. 

    Originally reported by CEE In-House Matters.