CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
BPV Huegel has advised RWA Raiffeisen Ware Austria Handel und Vermoegensverwaltung eGen and its acquisition holding on the financing and completion of the purchase of approximately 47.53% of RWA Raiffeisen Ware Austria AG shares from BayWa AG for EUR 176 million. Schoenherr advised RBI as the financing bank. FPS Fritze Wicke Seeling reportedly advised RWA eGen as well. Jones Day's Munich office reportedly advised BayWa AG.
In December 2024, Poland adopted new regulations on civil protection and civil defence. It is important to note that these regulations continue the European-wide trend of reviewing national security situations and preparing for defence (the regulation entered into force on 1 January 2025).
Schoenherr has advised the Hungarian subsidiary of Bonduelle on its lease agreement with GTC for their new office in Budapest.
Schoenherr, working with Macfarlanes, has advised the owners of Zoerkler on its sale to MiddleGround Capital.
Schoenherr has advised healthcare provider Mavie Next and its shareholder Mavie Holding, both part of the UNIQA Group, on Raiffeisen-Holding Niederosterreich-Wien’s planned investment of around EUR 100 million in Mavie Next. Dorda and BPV Huegel advised Raiffeisen-Holding NO-Wien. Heuking Kuehn Lueer Wojtek and Wardynski & Partners reportedly advised Raiffeisen-Holding NO-Wien as well.
Schoenherr has advised Alstom Transport as consortium lead in securing and finalizing a EUR 720 million tender for the Bulgarian Ministry of Transport and Communications to supply 35 interregional electric trains along with 15 years of maintenance services.
Schoenherr has advised Skechers on lease agreements for two retail locations in Warsaw.
Schoenherr has advised mBank on a financing package for NU-MED.
Hungary has taken major strides towards modernising its framework for non-performing loans (NPLs) with the introduction of Act XII of 2025 on servicers of non-performing credit agreements and purchasers of non-performing credit agreements. The new legislation, which will come into force on 16 May 2025, implements the EU's Directive 2021/2167 into Hungarian law, thereby establishing a comprehensive system for the transfer, management and servicing of NPLs. These reforms are poised to transform the Hungarian NPL market, creating new opportunities and responsibilities for both domestic and international investors.
Schoenherr has advised AI ophthalmology spin-off RetInSight and its founding shareholders on the sale to Topcon Healthcare. Dorda reportedly advised Topcon Healthcare.
Schoenherr has advised Saller Unternehmensgruppe on its acquisition of FMZ Kapfenberg from LLB Immo KAG. DSC advised the sellers.
Following up on the CJEU's judgment of 9 January 2025, C-416/23, Österreichische Datenschutzbehörde (Demandes excessives), the Austrian Supreme Administrative Court addressed excessive and manifestly unfounded data subject requests to data protection supervisory authorities in six cases (VwGH 29 January 2025, Ra 2023/04/0002; Ra 2022/04/0049; Ro 2023/04/0018; Ro 2022/04/0016; Ro 2022/04/0022; Ra 2020/04/0084). The Austrian Federal Administrative Court added another decision on such requests (BVwG 11 March 2025, W137 2305838-1).
Schoenherr has advised Enterprise Investors on the acquisition of a 100% stake in Centrum Medyczne Internus. DLA Piper reportedly advised the sellers.
The latest amendment to the Labour Code, the so-called Flexinovela, which will be effective from 1 June 2025, introduces a number of changes that need to be reflected in employment documentation. We focus on the following key areas where we recommend making adjustments:
Schoenherr has advised Sunrise Real Estate on the sale of a warehousing development site near Warsaw.
Starting from 20 May 2026, short-term accommodation rental services in the EU will be subject to Regulation (EU) 2024/1028 of the European Parliament and of the Council of 11 April 2024 on data collection and sharing relating to short-term accommodation rental services, which also amends Regulation (EU) 2018/1724.
Schoenherr has advised ID Energy Group on the project financing for the Biopark Dolice biogas plant in Poland from mBank. CMS reportedly advised mBank.
Dentons has advised Hartmann Packaging on its acquisition of Dentas Romania. Schoenherr advised Dentas Romania.
Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.
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