Technology M&A Guide 2025 - Bulgaria
January 2025
Our member firm BOYANOV & Co. has authored the chapter for Bulgaria in the newly published "Technology M&A 2025" guide by the leading global legal directory Chambers and Partners.
This comprehensive resource is designed for both businesses and legal professionals seeking insights into the evolving landscape of technology mergers and acquisitions.
You may access the chapter for Bulgaria here.
New European Anti-Money Laundering Regulation
December 2024
Konstantinos Vouterakos, Senior Partner, Apostolos Georgantas, Partner, Despina Korovesi, Associate, and Aikaterini Bitzanaki, Associate
Kyriakides Georgopoulos Law Firm
Introduction
Combating money laundering and terrorist financing is a top priority for the European Union. Recent revelations about money laundering networks and the growing threat of financing terrorist organizations have shown that the issue remains particularly relevant. As a result, the need for a coordinated and stringent approach at EU level appears more imperative than ever. In that context, on 31 May 2024,…
Romanian DPA Activity Report for 2023
December 2024
Our member firm, Nestor Nestor Diculescu Kingston Petersen, has recently issued the Romanian Data Protection Assessment Activity Report for 2023.
The firm's data protection specialists examined the report and prepared a summary in which they:
analyse five significant cases investigated by the Romanian DPA;
present the most frequent cases of complaints, notices, and notified data breaches;
compare the key numbers that reflect the DPA's activity in 2023 with those from the previous year.
The full publication is available here.
Adoption of Law 5164/2024 Transposing the CSRD into Greek Law
December 2024
Irene Kyriakides, Partner, Victoria Mertikopoulou, Partner, and Vassiliki Vlontzou, Associate
Kyriakides Georgopoulos Law Firm
On 12.12.2024, the Directive (EU) 2022/2464 as regards corporate sustainability reporting ("CSRD") has been transposed into Greek law with Law 5164/2024 (Government Gazette A 202/12.12.2024) ["Law 5164/2024"].
Covered Entities
Entities covered are:
All large companies as well as SMEs, except micro-undertakings, which are public interest companies;
Companies, which are parent companies of large groups;
Non-EU companies with a turnover of more…
Amendment to the Companies Act (ZGD-1M)
December 2024
Kaja Franko, Legal Intern
Selih & partnerji
The National Assembly of the Republic of Slovenia adopted an amendment to the Companies Act, ZGD-1M (Official Gazette of the Republic of Slovenia, no. 102/2024), which entered into force on 18 December 2024. The amendment introduces new provisions into the Slovenian legal order, in particular in the areas of reporting, transparency and gender balance, and transposes the following four European directives:
Country-by-Country Public Reporting Directive,
Corporate Sustainability Reporting Directive,
Directive on Gender Balance…
SEE Legal Welcomes New Members in Montenegro and Serbia
December 2024
South East Europe Legal Group (SEE Legal) is delighted to announce the addition of two highly regarded law firms to its network – Jovović, Mugoša & Vuković and Živković Samardžić Law Office. The foregoing addition reinforces SEE Legal’s commitment to providing exceptional legal services across Southeast Europe.
Jovović, Mugoša & Vuković is one of the largest and most established independent law firms in Montenegro. With over 40 years of distinguished practice and a dedicated team of more than 20 lawyers based in Podgorica, the firm has been advising both domestic…
A&O Shearman and DTB Advised Partners Group in the Sale of VSB Group to TotalEnergies
December 2024
Our member firm, Divjak Topic Bahtijarevic & Krka, and A&O Shearman have advised Partners Group, one of the largest firms in the global private markets industry, on the sale of VSB Group, a leading renewable energy platform in Europe, to French energy company TotalEnergies. The transaction gives VSB an equity value of EUR 1.57 billion.
DTB team was led by Damir Topic, Senior Partner, and Dina Salapic, Senior Attorney, and included Marina Kovac Krka, Partner, Senior Attorneys Andrej Zmikic and Jasna Belcic, Attorneys Sanja Novoselic, Barbara Simic and Jure Marovic, Andrija…
Mandatory Insurance Against Natural Disasters: Latest Amendments
December 2024
Konstantinos Issaias, Partner, Zaphirenia Theodoraki, Senior Associate, and Vasilianna Karakatsani, Associate
Kyriakides Georgopoulos Law Firm
On December 5th, 2024, Law 5162/2024 was published, introducing significant amendments to Law 5116/2024 concerning mandatory insurance against natural disasters.
The amendments are two-fold: On the one hand the scope of mandatory insurance against natural disasters is extended to include smaller-scale businesses, while, on the other hand, mandatory private insurance against natural disasters is introduced for the first time for private-use…
KDK Advised Volt Motor in the Sale to WEG
December 2024
Our member firm, Kolcuoglu Demirkan Kocakli, has recently advised Volt Motor, a Saya Group company, and its individual shareholders, on the sale of Volt Motor to WEG, one of the largest manufacturers of electric motors globally.
DTB Represented EBRD in EUR 100 Million Worth Cooperation with ZABA for the Financing of Green Projects
December 2024
Our member firm, Divjak Topic Bahtijarevic & Krka, represented the European Bank for Reconstruction and Development (EBRD) in partnership with Zagrebačka banka (ZABA), the leading bank in Croatia and member of the UniCredit Group, in which it provided ZABA with an uncapped unfunded portfolio guarantee of up to EUR 80 million under the European Union’s InvestEU Programme. ZABA thus became the EBRD’s first partner financial intermediary under the InvestEU programme. This financial instrument is designed to cover a newly generated portfolio of loans, and the total value of…
The TCA published the Guidelines on Competition Infringements in Labor Markets
December 2024
The Competition Law team of our Turkish member firm, Kolcuoğlu Demirkan Koçaklı, has recently issued a Law Bulletin: "The TCA published the Guidelines on Competition Infringements in Labor Markets".
To access the document, please use the following link.
BOYANOV & Co. Assists Sopharma in Completing Initial Stage of Strategic Pharmaceutical Portfolio Acquisition
December 2024
Sopharma AD, Bulgaria’s leading pharmaceutical company, initiated an acquisition of a substantial portfolio comprising consumer healthcare and prescription products.
At the end of November 2024, Sopharma announced the completion of the due diligence procedures, marking the conclusion of the first stage of the acquisition. At this juncture, an amount of EUR 40 million was disbursed. The subsequent steps involve the transfer of marketing authorisations and trademarks, alongside the organisation of trading activities in the respective markets.
Our member firm, BOYANOV & Co.,…
