Carrying Out Cross-Border Mergers in Central, Eastern and South-Eastern Europe

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Guide on how to successfully carry out multi-jurisdictional mergers and acquisitions in Central, Southern and Eastern Europe, kindly provided to us by Wolf Theiss, the leading law firm in Central and Eastern and Southeastern Europe.

After advising a client on merging a group of companies across a number of countries, we realised there was a ...

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Tune in to Emerging Entertainment Markets

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Please find below a recent market report by Ernst & Young on the media and entertainment landscape in the emerging markets of Brazil, Russia, India and China. The report provides an overview of the latest indicators of market attractiveness, as well as the opportunities, challenges and critical success factors in conducting business in these four countries ...

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Mergers & Acquisitions in 61 Jurisdictions Worldwide - Czech Republic

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If you are considering an equity transaction in the Czech Republic, make sure to get yourself familiar with the regulatory requirements towards Mergers and Acquisions (M&A) in the country, as summarized by our partners at Wolff Theiss in the following report. The publication is part of a wider session including information on M&A ...

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RES-Еlectricity: Navigate the Regulatory Labyrinth

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The 14 jurisdictions of Central, Eastern and South-Eastern Europe (CEE and SEE), where Wolf Theiss concentrates its energies, are equally divided between seven members of the EU (Austria, Bulgaria, Czech Republic, Hungary, Romania, Slovakia and Slovenia), and seven members of the Energy Community, established by the Energy Community Treaty in October 2005 (Albania, Bosnia and ...

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Competition Law Developments in CEE and SEE Countries

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Last year saw an increase in legislative activities concerning competition law in several central and eastern European (CEE)and south-east European (SEE) countries. The non-EU member countries in the region continue to harmonise their competition law regimes with international standards applicable in most jurisdictions in the EU. This should facilitate the competition law assessment for ...

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Petroleum & Natural Gas in Southeast Europe

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Expectedly, the largest economies in terms of production and consumption in SEE have a significant presence in the ranking of the oil and gas companies: Romania and Bulgaria – with six and five representatives respectively, Serbia and Slovenia – three each, Croatia –two, Macedonia - one. Interestingly, Macedonia’s sole crude oil refinery Okta AD ranked 16th with ...

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2009 Russia Tax Survey

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Tax disputes

Interaction with the tax authorities is an essential part of business operations in Russia. Our survey results from this year and previous years show that businesses should consider it a given that they will ultimately have tax disputes with the authorities and, therefore, they should be prepared to manage them.

Almost 72% of ...

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Mobile Telephony Fuels Telecoms Sector’s Growth

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Key Trends in SEE telecommunications sector in 2009:

  • Growth of revenue in the telecommunications sector, which includes fixed and mobile telephony, and increase in the provision of internet services and cable television;
  • Drop in revenue and lower penetration of fixed-line telephony in most countries;
  • Growth of revenue and increase in mobile telephony penetration;
  • Rise in ...

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Wholesale & Retail in Southeast Europe

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The ranking of the top 20 largest wholesale and retail companies in SEE was clearly dominated by 11 Romania-based chains. All large Western European chains were represented with Germany’s Metro Group having three entries – its Romanian and Croatian Cash&Carry chains, as well as its Romanian retail chain Real,- Hypermarket.

However, the ranking was ...

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Metals in Southeast Europe

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EU member state Bulgaria, traditionally a strong producer and exporter of metals, had nine companies represented in the ranking of the top 20 metals enterprises. This ranking was led by Romanian steel plant Arcelor Mittal Galati with annual revenue of 2.23 billion euro in 2008, up 5.5% on the year. The ArcelorMittal steel ...

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