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07/05/2024
At CEEntre Stage | The Impact of ESOP incentives on CEE's corporate culture
At CEEntre Stage 
24/04/2024
Bulgaria considers introducing Contracts for Difference
Currently, Bulgaria is among a small number of EU member states that lacks the concept of contracts for difference (CfD). So far, the country had a feed in tariff as a mechanism to subsidise renewable...
24/04/2024
CEE Greenfield Guide 2024
CEE countries have attracted significant foreign direct investment in greenfield operations in recent years. Many manufacturing businesses have focused on expanding capacity in CEE countries, sometimes...
24/04/2024
Anti-Bribery and Corruption Laws in Bulgaria
 
23/04/2024
Bulgaria passes Ordinance offering international trade with guarantees...
Following the development of the EU legislation and reflecting market needs and increasing interest in trading with guarantees of origin, the Bulgaria’s Ministry of Energy adopted new Ordinance No...
23/04/2024
On the Pulse webinar series 2024
Welcome to the 2024 On the Pulse webinar series.  This webinar series brings you updates on the latest legal and commercial developments in the life sciences & healthcare sector from around the world. Over the coming period, we will be hosting two webinars on:Unified Patent Court (UPC) - 23 AprilEU Pharma Package - 18 JuneEach webinar will be one hour in length with a 15-minute Q&A session.
19/04/2024
Tax: A CEE Level of Intricacy
CEE Legal Matters | published on 12 March 2024
18/04/2024
Transforming the Legal Landscape? The Impact of LLMs
Large Language Models (LLMs) are a branch of artificial intelligence (AI) that can generate human-like text based on deep learning techniques. LLMs are trained on massive amounts of textual data, such...
18/04/2024
Renewable energy in Bulgaria
1. Introduction to renewables sector Bulgaria’s electricity transmission and distribution remains highly regulated. The high voltage transmission grid is operated by the state-owned Electricity System...
18/04/2024
Real estate finance law in Bulgaria
A. Mortages 1. Can security be granted to a foreign lender? Yes. 2. Can lenders take a mortgage over land and buildings on the land? Yes. Mortgages can also be taken over the right to build a building...
17/04/2024
CMS advises Austrian Airlines on sale of Austrian Airlines Technik Bratislava
Press release - 17 April 2024An international team of CMS lawyers has provided comprehensive legal advice to Austrian Airlines AG on the sale of the Slovakian company Austrian Airlines Technik Bratislava (ATB) to the Dutch aircraft maintenance provider SAMCO Aircraft Main­ten­ance. Es­tab­lished in 2006, ATB has been offering first-class maintenance services specifically to regional aircraft operators. Closing the deal in early April, CMS supported the company’s successful sale to SAMCO Aircraft Maintenance, which expands its base maintenance footprint in Europe as a consequence. In the course of the acquisition, the CMS team contributed its international expertise in corporate law/M&A matters and also provided extensive legal advice on financing aspects and competition law. “We are excited to have supported Austrian Airlines on this transaction and are pleased that our expertise in cross-border M&A matters contributed to the smooth execution of the deal,” says Alexander Rakosi, a partner at CMS and a member of the corporate transactions team in Vienna. The CMS core transaction team consisted of partners Alexander Rakosi and Florian Mayer (both Vienna, Corporate/M&A) and attorney-at-law Martina Gavalec (Bratislava, Corporate/M&A), and was supported by partner Dieter Zandler (Vienna, Antitrust), associate Rebecca Herlitz (Vienna, Corporate), associate Ján Ševčík (Bratislava, Dispute Resolution), and legal trainee Matthias Torggler (Vienna, Corporate Transactions). On the buyer side, BarentsKrans (Netherlands) and Kinstellar (Slovakia) were involved in the transaction.
17/04/2024
CMS data protection update (04/2024)
I. The latest from the data protection authorities and current topics1. EDPB: Launch of coordinated enforcement on the right of accessThe European Data Protection Board (EDPB) selected the right of access...