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From her beginnings as an M&A attorney in Bulgaria to her current role as Regional Compliance Manager for Eastern Europe at Yazaki, Veselka Petrova’s career has been a testament to the power of blending legal expertise with strategic business insight.

In The Inside Track, General Counsels across CEE share the nuances of their roles, challenges, and strategies for success. Since now is the time when plans for next year are made (and budgeted for) this time we asked GCs: Is your in-house legal function’s budget increasing, decreasing, or remaining the same in 2024?

Infobip General Counsel Tomislav Pifar first joined the company in 2011 and has been a witness to the company’s remarkable growth over the past 12 years. In reflecting on his journey, he explores the evolution of in-house legal work and international exposure, placing a particular emphasis on the transformative impact of AI on daily operations.

On March 17, CEE Legal Matters reported that Adon Legal has advised Taiwanese capital company FinCause on obtaining an electronic money institution license from the Bank of Lithuania. CEE In-House Matters spoke with Waylon Yeh FinCause Founder and Member of the Management Board to learn more about the matter. 

On May 2, CEE Legal Matters reported that Zivkovic Samardzic has advised Fifth Quarter Ventures on the legal process for becoming an alternative investment fund in Serbia. CEE In-House Matters spoke with Pedja Predin, Co-Founder & General Partner at Fifth Quarter Ventures, to learn more about the matter. 

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.

On February 16, CEE Legal Matters reported that Dentons had advised a banking consortium on their EUR 155 million financing for the 103.3-megawatt Krivaca wind farm project co-owned by Serbia’s MK Group and Slovenia’s ALFI Green Energy Fund. The lending consortium consisted of Erste Group Bank, Erste Bank Novi Sad, and other banks. CEE In-House Matters spoke with Ladislav Tolmaci, Executive Director at Erste Bank, to learn more about the financing. 

On February 21, CEE Legal Matters reported that Tokushev & Partners and Musseva & Ivanov had helped MFG Ins obtain an insurance license from the Financial Supervision Commission of Bulgaria. CEE In-House Matters spoke with Ivelina Kavurska, Director of Strategic Projects and a member of the Management Board of MFG, to learn more about the matter.

On January 18, CEE Legal Matters reported that Fatur Menard had advised the Svetlik family on the sale of their 42% stake in Hidria owner H&R to Spanish corporation Gonvarri. CEE In-House Matters spoke with Gasper Svetlik, Co-Founder and CEO at Svetlik Family Office, to learn more about the matter.

On January 4, CEE Legal Matters reported that Dorda, working with Loyens & Loeff, had advised Croma-Pharma on entering into a business combination agreement with the European Healthcare Acquisition & Growth Company. CEE In-House Matters spoke with Andreas Prinz, Managing Director at Croma Pharma, to learn more about the deal.

On July 4, 2022, CEE Legal Matters reported that Djingov Gouginski Kyutchukov & Velichkov had advised Maple Bear on its EUR 100 million investment program for the CEE region through a partnership with Vantage Capital. CEE In-House Matters spoke with Yann Bidan, General Manager at Maple Bear, to learn more about the matter.

On November 4, CEE Legal Matters reported that Gugushev & Partners had advised Blackpeak Capital on its acquisition of a stake in Telelink Bulgaria. CEE In-House Matters spoke with Kiril Ivanov, Investment Director at Blackpeak Capital, to learn more about the acquisition.

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