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According to Kameliya Naydenova, Legal Counsel South Central Europe at Mondelez International in Bulgaria, the market has somewhat recovered from the blast wave of the COVID-19 crisis. Yet, many industries still need to overcome the change in demand and consumer habits, as well as certain difficulties brought on by the pandemic.

On December 2, 2020, CEE Legal Matters reported that Act BSWW had advised investment funds managed by Pekao TFI S.A on the PLN 2.5 billion bond issuance program of Miejskie Przedsiebiorstwo Oczyszczania w m. st. Warszawie sp. z o.o., (MPO Warszawa) aimed at financing the modernization and extension of a municipal waste incineration plant and the construction of a waste segregation plant in Warsaw. CEEIHM spoke with Dominik Mielczarek, Head of Legal Department at Pekao TFI, to learn more about the matter.

On March 4, 2021, CEE Legal Matters reported that Walless had advised Evli Growth Partners as one of the investors in the USD 9.5 million Series B funding round of 3D model trading platform CGTrader. CEEIHM spoke with Riku Asikainen, Managing Partner & Founder at Evli Growth Partners, to learn more about the deal.

On February 26, 2021, CEE Legal Matters reported that Eversheds Sutherland had advised Valmieras Stikla Skiedra on the sale of 83.14% of the share capital from the company’s controlling shareholder group to Duke I S.a.r.l. CEEIHM spoke with Ilze Saviele, Legal Counsel at VSS, to learn more about the sale. 

On January 19, 2021, CEE Legal Matters reported that Redcliffe Partners had advised US investors Aspect Energy and SigmaBleyzer — acting jointly through a special-purpose vehicle, Ukrainian Energy, L.L.C. — on an oil & gas production sharing agreement with the Republic of Ukraine. CEEIHM spoke with Amy Flakne, General Counsel at Aspect Energy, to learn more about the deal.

According to Branko Gabric, General Counsel at Air Serbia in Belgrade, we are living in historic times. He reports that the unprecedented pandemic, as well as the subsequent vaccination process, has greatly affected not only the aviation industry, but also the legal sector in his country.

According to Richard Bacek, General Counsel at Siemens Czechia, there are three significant legislative changes underway in the Czech Republic, specifically in the areas of public procurement, construction, and whistleblowing. Meanwhile, Bacek reports that business in the Czech Republic is still burdened by the dearth of what he calls "reasonable regulation" of the home office concept.

On November 18, 2020, CEE Legal Matters reported that Hamala Kluch Viglasky had advised Slovakia's Budamar Logistics on the formation of a joint venture with Austria's Innofreight Consulting & Logistics. CEEIHM spoke with Lubomir Loy, Director for Sales and Marketing and Member of the Board of Directors at Budamar Logistics, to learn more about the deal.

Maido Lillemets, Legal and Compliance Manager at BaltCap in Estonia, reports that the three-pillar pension system in his country has been shaken by the recent legislative move from a mandatory to a voluntary approach to contributions into pension funds. This change, Lillemets reports, has cost the pension funds EUR 850 million already and the eventual cost may exceed EUR 1 billion.

On December 20, 2020, CEE Legal Matters reported that Konieczny Wierzbicki had advised Dutch fund Van der Vorm Vastgoed on the acquisition of the La Praga residential project in Warsaw from Nexity Polska. CEEIHM spoke with Margreet van der Vorm, Director of International Investments and Rene Voortmeijer, Managing director at Van der Vorm Poland, to learn more about the deal.

On February 5, 2021, CEE Legal Matters reported that Penteris had advised a joint venture formed by Rida Development Corp and Mack Real Estate Group on its acquisition of the Jerozolimskie Business Park in Warsaw from A&T Holdings. CEEIHM spoke with Rafal Nowicki, CEO at Apollo-Rida, to learn more about the deal.

On January 15, 2021, CEE Legal Matters reported that BDK Advokati had advised Frontier Pharma and the Baystone investment group on the acquisition of Zdravlje Leskovac, a Serbian pharmaceutical company owned by Actavis, which is itself a subsidiary of Israel's Teva. CEEIHM spoke with Kiren Naidoo, Co-Founder and Managing Director at Frontier Pharma, to learn more about the acquisition.

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