Bulgaria is a vibrant car components and business process outsourcing centre, while its IT and telecoms sectors are catching the eye of investors too.
Hit hard by the 2008 crisis, Austria’s businesses and law firms have found a variety of ways to adapt to the changed environment.
Corporate work is booming in the Balkans, with many deals, including BAT’s purchase of a Croatian tobacco business, punching above €200m.
Anti-corruption measures are beginning to bite but for now lawyers are pinning their hopes on work in areas such as banking, pharma and agriculture.
Crisis taxes and regulatory changes have doused foreign investor interest but firms are gaining opportunities elsewhere as a result of the global crash.
DLA Piper has opened a back office centre in Poland as part of a wider plan to enable 24/7 worldwide support across its business.
French firm Jeantet is launching in Hungary and Ukraine with the hire of Gide Loyrette Nouel’s teams in Budapest and Kiev.
Belarus legal newsletter, Nov 2015: Investment changes; funds; and more download subscription
A bit of a surprise for investors.
Burden of restitution of confiscated property is being transferred from the state to the investors.
Cyprus ship mortgages: an effective way to secure your financing. download subscription
A widely used tool for securing the repayment of a loan or any other financial obligation of shipping companies towards their creditors is the creation of a mortgage over a ship in favour of the said creditor.
Croatia: accelerated bankruptcy proceedings download subscription
The recently adopted Croatian Bankruptcy Act sets out a new integrated pre-bankruptcy and bankruptcy regime.
Merger control in Uzbekistan download subscription
The Competition Law now also governs merger control in financial markets, whereas the previous Law applied only to commodity markets.
Uzbekistan TMT review download subscription
The various technology, media and telecommunications industries are treated as strategic industries in Uzbekistan, and special attention has been paid to TMT by the government in recent years.
Amendments to labour regulations in Macedonia download subscription
An employer could be released from the obligation to pay mandatory social contributions for the hired replacement of an employee on a maternity leave, if certain conditions are met.
Serbia: law on employees working abroad adopted download subscription
Rules to apply when Serbia joins the EU.