Mari Matjus has been promoted from Associate Partner to Partner at the Nove law firm in Estonia.
Alrud has advised the VTB Group on its RUB 36 billion acquisition of 100% shares in Novorossiysk Grain Terminal LCC from the NSCP Group.
Former Arzinger Partner Markian Malskyy has left the firm after being appointed Head of the Lviv Regional State Administration by the President of Ukraine.
Sabina Lalaj, who has led Deloitte Legal in Albania and Kosovo since 2015, has been promoted to Local Legal Partner at the firm.
The authority to initiate dumping or subsidy examinations, upon complaint or, where necessary, ex officio, has been given from the Ministry of Economy to the Ministry of Trade (“Ministry”). Within the scope of this authority, the Ministry announces its decisions with the communiqués published on the Official Gazette.
The deductibility of the VAT content of incoming invoices has long been a source of consternation both for equity investors and for the holding companies heading up corporate groups. In a relaxation of the general ban on VAT deduction in these cases, the European Court of Justice (“ECJ”) has given ‘active’ holding companies a way around the restrictions. Meanwhile, other recent judgments by the Court have further expanded the opportunities for VAT deduction. Nevertheless, the ECJ’s decisions also show that it’s better to err on the side of caution.
Eversheds Sutherland has advised Cesky Strojirensky on its acquisition of a 100% stake in MF Energy, a manufacturer of blades and accessories for gas, steam, and smaller water turbines.