Publications

Despite geopolitical tensions, fears of recession and strong inflationary pressures across the EU, as well as the fiscal tightening needed to contain them, M&A in the CEE region has remained reasonably buoyant. Findings from the CMS Emer­ging Europe M&A 2023/24 report, published in cooperation with EMIS, demonstrate the resilience of the Emerging Europe deals market as activity holds firm against a backdrop of geopolitical tensions and strong inflationary pressures. Welcome to the 2023/24 edition of the Emerging Europe report.

Stay informed about the latest sustainability claims trends and developments The CMS Green Globe is an interactive platform that allows businesses and clients to stay aware and duly informed about all the main rapidly changing trends and developments in relation to sustainability claims. The CMS Green Globe helps you to avoid greenwashing your consumer. Here you find:Latest news on sustainability claim­sIn­ter­act­ive map – Country-specific trends for 32 jur­is­dic­tions­G­lob­al trendsRelated ESG products by CMSKey contacts/CMS Green Globe TeamSubscribe to CMS Green Globe Newsletter here.

Today, the complex set of criteria and rules, sometimes referred to by the acronym ESG or green finance, permeates economic and financial life, and the insurance industry is clearly not immune to its...

The year 2022 started with various challenges, including rising inflation and energy prices. Then the Russian invasion of Ukraine added yet another one. Nonetheless, the M&A market in emerging European countries proved to be extremely resilient. The region saw M&A activity maintain a steady pace, though deal values were notably lower. Also, variations could be observed across territories and sectors. While 2022 brought a unique set of challenges, dealmaking largely compared favourably to pre-pandemic levels. Welcome to the 2022/23 edition of the Emerging Europe report.

This interview with Agnieszka Skorupinska first appeared in the Future of Emerging Europe: Sustainability Report 2022.  A copy of the full report is also available to access here. The ESG challenge is a drive to­wards in­nov­a­tion Due to a variety of his­tor­ic­al factors, sustainability issues have con­sti­tuted a significant challenge for the emerging Europe region. After the fall of the Berlin wall, the situation with respect to fore­most en­vir­on­ment­al and social issues was difficult. The foregoing was especially apparent with respect to environmental matters as the pre­ser­va­tion of the environment and its possible impact on human health was not a priority for the relevant authorities and business during the communist period. While there were many industrial plants in CEE at that time, their equipment was outdated and they were never seriously required to cut down their en­vir­on­ment­al impact. 

This article first appeared in the Future of Emerging Europe: Sustainability Report 2022.  A copy of the full report is also available to access here. Developments in ESG issues in emerging Europe’s en­ergy sector continue apace. Energy gen­er­a­tion com­pan­ies, governments, local authorities and consumers are all affected by the drive towards a future that is less reliant on fossil fuels.

This article first appeared in the Future of Emerging Europe: Sustainability Report 2022. A copy of the full report is also available to access here. ESG issues are having a growing impact on how we all work. But what developments are com­pan­ies im­ple­ment­ing in reaction to this dynamic environment, and what changes might employees have to face in the future?

The focus on ESG (environmental, social and governance) in emerging Europe has increased notably following the EU taxonomy coming into force at the beginning of 2022. EU-driven initiatives, including policies coming out of the European Green Deal (EGD) to fight climate change have started affecting the industry, and with tightening regulation as well as reporting and compliance obligations, there is certainly more to come. 

What’s next? In a world of ever-ac­cel­er­at­ing change, staying ahead of the curve and knowing what’s next for your business or sector is essential. At CMS, we see ourselves not only as your legal advisers but also as your business partners. We work together with you to not only resolve current issues but to anticipate future challenges and innovate to meet them. With our latest publication, CMS Next, our experts will regularly offer you insights into and fresh perspectives on a range of issues that businesses have to deal with – from ESG agendas to restructuring after the pandemic or facing the digital transformation. We will also share with you more about the work that we are doing for our clients, helping them innovate, grow and mitigate risk. To be able to provide you with the best support, we immerse ourselves in your world to understand your legal needs and challenges. However, it is equally important that you know who we are and how we can work with you. So, we invite you to meet our experts and catch a glimpse of what is happening inside CMS. Enjoy reading this publication, which we will update regularly with new content. CMS Executive Team

ESG considerations are increasingly recognised as interrelated business issues, critical to long-term shareholder value and business resilience, which require to be put at the head of the safety of an organisation and monitored at board level. ESG Exchange CEE is a series of short videocasts with CMS experts and guests addressing challenges and trends relevant to CEE businesses, as the region’s focus on ESG reporting increases following EU taxonomy coming into effect in January 2022.

Following global trends, the M&A market in emerging Europe surged in 2021— more money was spent on acquisitions and investments than in any of the previous seven years. After a relatively poor showing in 2020, transaction volume also bounced back to pre-pandemic levels. Not only did direct acquisitions and investments fare well, but stock market listings also reached unprecedented levels. Has the M&A market in emerging Europe scaled new heights?Welcome to the 2021/22 edition of the Emerging Europe report.