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Goltsblat BLP has advised Otkrytaya Mobilnaya Pltaforma LLC and RUSINTEH on the sale of 75% of shares of Otkrytaya Mobilnaya Pltaforma and 75% of shares of Vatron LLC respectively to PJSC Rostelecom. Rostelecom was advised by White & Case Moscow office. 

KRS Kovacs Reti Szegheo has successfully represented the liquidator of Buda-Cash against Saxo Bank in the Metropolitan Regional Court in Hungary, after the Danish bank blocked Buda-Cash's customers' money. During the procedure, Saxo Bank was advised by Oppenheim, Budapest. 

Dentons Warsaw has advised construction and property group Skanska on the EUR 52 million sale of the Nowa Fabryczna office building in Lodz, Poland to fund manager Niam. The buyer was assisted by Linklaters.

TGS Baltic has advised joint bookrunners Dom Maklerski PKO Banku Polskiego, Swedbank, and Trigon Dom Maklerski on the initial public offering of Baltic tour operator AB Novaturas in Lithuania and Estonia. 

Solo practitioner Andrea Zsuzsanna Kovacs has advised Austrian investor List Group on the sale of its Austria House office building to a Hong Kong based company backed by overseas investors. The Hong Kong company was advised by EY Law Hungary.

Cerha Hempel Spiegelfeld Hlawati has advised Fosun Industrial Holdings Limited, a private Chinese corporate conglomerate, on its takeover of the Wolford AG textile group, which is headquartered in Vorarlberg, Austria. Wolford AG was represented by Weber & Co and the selling core shareholder group was advised by Kuhn Rechtsanwalte.

Mrowiec Fialek and Partners has advised the Argus Capital private equity fund on the sale of its minority stake in KCR S.A. to an unnamed buyer. KCR was advised by Weil, Gotshal & Manges.

Goltsblat BLP has advised the shareholder of Tymensky Fanerny Zavod (Tyumen Plywood Plant), a plywood producer in Russia’s Western Siberia, on the sale of the company's 100% stake to SVEZA, a global producer of birch plywood. SVEZA was advised by Baker McKenzie. 

Allen & Overy has advised International Campus Group, a Munich-based specialist for micro-living products, on its expansion to the Czech Republic.

Former JPM Jankovic Popovic Mitic Partners Uros Markovic, Nikola Vukotic, and Marko Jovkovic have left that Serbian law firm to launch their own practice: MVJ Markovic Vukotic Jovkovic. 

Dispute Resolution lawyer Alexander Popelyuk and IP lawyer Boris Malakhov have been promoted to Partner at Lidings. 

Martin Severa has joined CEE Attorneys Prague office as a partner and the new head of real estate.

Eisenberger & Herzog has announced that Austrian lawyer will join the firm as a Partner on April 1, 2018.

Ekaterina Rudova has joined Integrites as a Partner in the firm’s Moscow office.

Turkey's Cakmak Law Offices, which after many years as the preeminent firm in Ankara just launched its new Istanbul office last week, has announced that it will join forces with the Serap Zuvin Law Office on April 1, 2018, and that going forward, the two teams will operate under the Cakmak Law brand.

Russia's KIAP and Architecture of Law tax boutique have announced a merger that will result in Architecture of Law becoming part of KIAP’s professional team.

Adam Kosciolek has left Krakow's Kurek, Kosciolek, Wojcik law firm, which he co-founded, to join Kochanski Zieba & Partners as Partner.

Ivanyan & Partners has promoted Counsel Sergei Kushnarenko to Partner. 

Periodically Schoenherr will keep the crypto-community up-to-date with dedicated newsletters focusing on issues relating to initial coin offering (ICOs), initial token offerings (ITO) and Blockchain.

Greece has long been a regional energy market. However, drastic changes have been taking place which have the potential to transform Greece to an energy hub in the South Eastern Mediterranean region. The first step was made with the inauguration of the Greek-Turkish gas pipeline at the beginning of the millennium.   

After the regulation on the commissioning of construction works received a (to a certain extent welcome) facelift in 2017, the Romanian legislator has turned its attention once again to the fundamental regulations regarding the authorization and execution of construction works.

On October 15, 2017, the Council of State (“Court”) upheld1 the Turkish Competition Board’s (“Board”) 2014 decision on Turkiye Petrol Rafinerileri A.S. (“Tupras”)2.

The Lithuanian energy sector, similarly to the European Union’s, faces the challenging task of finding effective and competitive way to transition to clean energy, while at the same time ensuring a secure energy supply. Energy efficiency, renewable energy, and prosumers are first priorities.

Macedonia has started the process of liberalizing and privatizing the energy market as an obligation deriving from the Treaty establishing the Energy Community signed on October 25, 2005 in Athens (the “Treaty”).

One of the most significant trends in Ukraine’s legal environment in 2017 has been the active implementation of corporate law reform and, in particular, the improvement of the corporate governance of state-owned enterprises (SOEs).

Despite the severe economic crisis Greece has been facing over almost a decade, the country’s performance in dragging in foreign investment throughout the years has established a rather impressive track record. So far, 2017 has definitely been a year of increased economic, commercial, and corporate activity, and of gradually improving financial circumstances.

It is an outdated understanding to think only of public companies when talking about corporate governance principles. Turkey has always been a center of attraction for foreign investors – the last quarter century in particular was a peak point for M&A transactions and helped change the concept of “family-owned companies” to “multinational companies.” Family-owned companies managed according to traditional principles found themselves in the brand-new corporate world of “partnerships” built upon shareholder agreements.  

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“Kosovo has attractive legislation for new businesses,” says Taulant Hodaj, Managing Partner at Hodaj and Partners, “which ensures lots of flexibility for foreign investors to come and start operations in our market. But unfortunately, as in the rest of the Balkan region, also in Kosovo, when it comes to the application of these laws in the courts and other institutions, they don’t have a very effective implementation of the applicable laws.”

Linda Szegvari is the Chief Legal Counsel of MET Hungary, an energy trading company that was established in 2007. The company is a subsidiary of the MET Group, which is present in 28 markets.