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Tuca Zbarcea & Asociatii has advised sports betting company Fortuna Entertainment Group on Romanian legal issues related to its acquisition of Hattrick Sports Group Ltd., Ireland, from Hattrick Sports Group LLC (U.S) and other shareholders and share warrant holders.

Weinhold Legal, Divjak, Topic & Bahtijarevic, and Selih & partnerji have advised on the merger of entities within the Olympus group, as Croatia's Olympus d.o.o and Slovenia's OLYMPUS SLOVENIJA d.o.o. merged into the Czech entity, Olympus Czech Group, s.r.o., clen koncernu. The merger was registered on March 1, 2017.

Djingov, Gouginsky, Kyutchukov & Velichkov has advised the owners of the Pharmastore pharmacy chain in the sale of the business to Sopharma Trading. Boyanov & Partners advised Sopharma on the deal, which will result in Pharmastore's 19 pharmacies in the cities of Sofia and Bourgas operating under the SOpharmacy brand. The deal remains subject to approval by the Commission for Protection of Competition.

Norton Rose Fulbright has advised Alpha Bank on the EUR 33.7 million non-recourse financing of a 33.3MW onshore wind power project developed by Goritsa Aiolos Energy S.A., a company of Eren Groupe, in Viotia, Greece. Watson Farley & Williams advised Goritsa Energy on the financing.

Zivkovic Samardzic has secured a victory for AIK Banka in the Supreme Court of Cassation of Serbia.

Motieka & Audzevicus has advised Lithuania's KG Group on the preparation and negotiation of financing agreements from the European Bank for Reconstruction and Development for a credit facility to be used for development of the company's business in Belarus.

Former Kinstellar Senior Associate Gabor Gomori has joined Deloitte Legal Erdos and Partners as Head of Real Estate and former Dentons attorney Luca Bokor has joined the firm's Banking & Finance practice.

Polish real estate lawyer Janusz Dzianachowski will be promoted to Partner by Linklaters as part of its global promotions round.

The Adriatic Legal Network has announced that Bosnia & Herzegovina's Sajic and Macedonia's Pepeljugoski law firms have joined the alliance formed in June of last year by Serbia's Joksovic, Stojanovic and Partners, Slovenia's Miro Senica and Attorneys, and Croatia's Kallay and Partners law firms.

Jolanta Zarzecka-Sawicka has been promoted to Partner at FKA Furtek Komosa Aleksandrowicz, where she heads the firm's Labor Law practice.

Greenberg Traurig Warsaw has promoted Local Partners Rafal Baranowski and Pawel Piotrowski to Shareholder and former Senior Associate Karolina Dunin-Wilczynska to Local Partner.

Konecna & Zacha has announced the launch of a new section for German speaking clients both in Prague and Bratislava with other offices to follow soon. The German Desk will be led by Partner Achim Jahnke, who joins from Dvorak Hager & Partners.

In order to comply with the provisions of the new Hungarian Civil Code, limited liability companies (Kft.) shall increase the amount of their registered capital up to HUF 3 million.

Good news for all the members of the Serbia Film Commission! On 31 January, the Serbian minister of culture and information, Mr. Vladan Vukosavljević, signed the revised version of the European Convention on Cinematographic Co-production in Rotterdam. This now enables Serbia to participate in co-productions even with non-European countries.

2016 was a notable year in Russia for the extension of control over, and further clarification of, data localization requirements; establishment of a strategy for the further development of personal data legislation and an increase in attention to cybersecurity issues.

The Ministry of Environment and Urbanization recently adopted the new Regulation on Control of Medical Waste (the “Medical Waste Regulation”).

Foreign Investors Council in Serbia (FIC), as an organization acting in favor of interests of foreign investors establishing their businesses in Serbia, issues a report every year listing all the recommendations of the private sector to the public authorities that could remove unnecessary barriers and problems in the business functioning. Issued regularly since 2003, the “White book” tries to tackle all the possible issues that would make doing business in Serbia easier and more flexible.

On February 3, 2017, Resolution of the Cabinet of the Ministers of Ukraine No. 28 “On Amendments to Order on Issuance, Prolongation and Cancellation of Work Permits for Foreign Nationals and Stateless Persons”, dated January 18, 2017 (the "Resolution"), became effective.

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“Austria has not had any significant legal developments for the last 12 months, beyond the general implementation of EU measures and legislation that affect all member states and some Austrian legislative initiatives, for example in the area of supporting start-ups,” says Christoph Moser of Austria’s Weber & Co. Rechtsanwaelte. “But what the legal profession is really talking about is whether the profession is about to change in the future in terms of digitalization and artificial intelligence.”

CEE Legal Matters is a media partner of the “International Arbitration: Emerging Changes” conference to be held on March 17 in Kyiv. With a look ahead to the event, we have asked Oleg Alyoshin, Partner and Head of International Arbitration at Vasil Kisil & Partners, about recent trends and the future of international arbitration in Ukraine, as well as about bringing world-known international arbitration practitioners to Kyiv for a conference. 

We first spoke with Pawel Stykowski, the Head of Legal at InterRisk in Poland, two years ago, in the December 2014 issue of the CEE Legal Matters. We decided to follow up with him now to see how his role and expectations have changed in that time.