CELIS Update on Investment Screening – August 2024

EU – European Commission publishes Commission Staff Working Document giving clarifications on the application of Art. 4 (1), Article 6 and Article 27(1) of Regulation (EU) 2022/2560 on foreign subsidies distorting the internal market On 26 July 2024, the European Commission (“EC”) published the Commission Staff Working Document on foreign subsidies distorting the internal market…

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CELIS Update on Investment Screening – July 2024

Romania – Romanian Parliament introduces new law revising and reinforcing the approach towards EU investors On 17 July 2024, the President of Romania officially promulgated the new law Nr. 231. It took effect three days after its publication in the Official Gazette on 18 July 2024. One of the most important aspects of the new…

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CELIS Update on Investment Screening – June 2024

European Union – European Commission opens first in-depth investigation On 10 June 2024, the European Commission (EC) opened its first in-depth investigation into the planned acquisition of sole control of PPF Telecom Group (PPF), a European telecommunications company headquartered in Czechia, by a state-controlled buyer from the United Arab Emirates (UAE), the Emirates Telecommunications Group…

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