FDI and Merger Control in CEE : Your A-Z Guide

17.09.2025 News Mergers and acquisitions (M&A) Competition and consumer law

Investing in Central and Eastern Europe and executing transactions there presents a major business opportunity, but also a growing regulatory challenge. The dynamic shifts in foreign direct investment (FDI) control and merger control regulations require business decision makers not only to remain vigilant, but also to draw upon reliable and up-to-date information.

In response to these needs, the practical handbook “FDI and Merger Control in CEE: Your A-Z Guide” was created by experts from across Europe working within the Horizon Alliance. The publication covers eight national jurisdictions – Croatia, the Czech Republic, Montenegro, Poland, Romania, Serbia, Slovakia, and Hungary – and provides practical information on notification thresholds, filing requirements, and transaction structuring.

The section devoted to Poland was written by GESSEL experts Bartłomiej Woźniak, Natalia Leśna, and Marcin Walczak, and includes a detailed overview of applicable regulations as well as the practices generally followed by the competent national authorities.

Other Horizon Alliance law firms involved in the project include: Biriș Goran SPARL (Romania), Erdős Partners (Hungary), HKV Law Firm (Slovakia), LOVRIĆ NOVOKMET & PARTNERS LLC (Croatia), NKO Partners (Montenegro), NKO Partners (Serbia), and ROWAN LEGAL (Czech Republic).

The handbook promises to be a valuable resource for investors and entrepreneurs planning investments in Central and Eastern Europe as they work to minimize regulatory risks and safely complete their transactions. By pooling the experience of leading law firms from across the region, the publication provides a handy tool for making informed business decisions.

We invite you to read the full text: FDI and Merger Control Guide

Authors

FDI and Merger Control in CEE : Your A-Z Guide

Bartłomiej Woźniak PhD

Managing Associate
Advocate

Mergers and acquisitions (M&A) | Private Equity | Corporate law

Bartłomiej Woźniak PhD

Bartłomiej Woźniak PhD

Managing Associate
Advocate

Joined GESSEL in 2014. Has been a Managing Associate in the Mergers and Acquisitions team since 2020. Specializes in M&A transactions in the private market. Has more than 10 years of experience advising financial investors (including PE/VC funds), strategic investors and company founders. Advises on share deal and asset deal transactions on both the buyer and the seller sides. Has participated in acquisitions conducted in the form of buy-o...

FDI and Merger Control in CEE : Your A-Z Guide

Natalia Leśna

Senior Associate
Attorney-at-law

Competition and consumer law

Natalia Leśna

Natalia Leśna

Senior Associate
Attorney-at-law

Before joining the Law Firm, she worked for five years at the Office of Competition and Consumer Protection (UOKiK), gaining experience at the Gdańsk Delegation, the Department of Merger Control, the Department of Competition Protection, and the Department of Bid Rigging Prevention. She handled proceedings related to merger control, anti-competitive practices, and infringements of collective consumer interests. She participated in inspections an...

FDI and Merger Control in CEE : Your A-Z Guide

Marcin Walczak

Associate
Attorney-at-law

Mergers and acquisitions (M&A) | Corporate law

Marcin Walczak

Marcin Walczak

Associate
Attorney-at-law

Since joining GESSEL in 2021, Marcin has contributed to share deal and asset deal M&A transactions both on the sell side and the buy side. He has drafted transaction documentation, corporate documents (for the purpose of specific transactions, as well as of day-to-day legal services) and due diligence studies. Prior to joining GESSEL, he gained experience at renowned international law firms, dealing with tax and competition law issues.

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FDI and Merger Control in CEE : Your A-Z Guide