Moravčević Vojnović and partners in cooperation with Schoenherr advised Fifth Quarter Ventures, an early-stage venture capital fund, on its investment in Nextesy, an AI-driven start-up for business administration.

The FIS Alpine Ski World Championships in Saalbach 2025 have just concluded, and the FIS Nordic Ski World Championships in Trondheim are just around the corner. This is the perfect moment to take a closer look at the connection between sports and brands in the sports business. Clubs and federations use their brands to generate vital revenue, athletes register personal brands that set them apart from the competition, and companies leverage sporting events, teams and athletes to activate and spread their brand messages. With continuous innovation and growth in the sports business, the legal safeguarding of such collaborations is becoming increasingly complex. How does a brand become a protected trademark?

In an eagerly awaited development, Romania has taken a step forward in fostering more clarity on essential concepts relevant for foreign direct investment (FDI) screening, by publishing draft guidelines (the "Guidelines"), anticipated to enter into force in March 2025. While the Guidelines may not bring major surprises for practitioners who have been working in the FDI trenches since the regime came into force in April 2022, the formal codification of the authority's practice is a welcome step toward greater transparency and predictability

As part of the EU Gas and Hydrogen Package, Directive (EU) 2024/1788 of 13 June 2024 ("Internal Gas Market Directive; IGMD") makes provisions for the first time on the phase-out of gas by network operators through the decommissioning of gas networks. Article 57 IGMD stipulates that gas distribution system operators ("DSO") must develop network decommissioning plans ("NDP") if a reduction in natural gas demand is foreseeable. The competent national authorities assess whether the NDP for the distribution network meets the principles set out in the IGMD.

The Export Credit Insurance Corporation (Korporacja Ubezpieczeń Kredytów Eksportowych; "KUKE") is the only export credit agency in Poland providing export insurance for trade security in high-risk markets guaranteed by the Polish State Treasury, regulated by the Polish Act of 7 July 1994 on Insurance Guaranteed by the State Treasury.

Welcome to our to the point newsletter. Every month, we are looking back at the most relevant developments in the area of financial regulation in the CEE region.