Schoenherr has advised OMV Aktiengesellschaft on the issuance of EUR 750 million in perpetual, subordinated hybrid notes with J.P. Morgan and MUFG acting as the structuring agents and joint global coordinators and BofA Securities, Erste Group, ING, LBBW, and SMBC as the joint bookrunners. Wolf Theiss, working with the White & Case Frankfurt office, advised the bookrunners.
Tightening the Grip – Hungary Introduces Updates to its Foreign Investment Screening Processes
Hungary’s specific domestic foreign direct investment (FDI) screening regime (affecting both ongoing and future cases) has been updated to include extended applicable deadlines and the possibility of multiple rounds of extensions. Additionally, the existing pre-emption mechanism – originally intended for transactions targeting solar developments – has been extended to cover all transactions blocked by the competent minister’s decision.
BPV Huegel, Binder Groesswang, and Saxinger Advise on CPI Europe's Sale of Vienna Marriott Hotel
BPV Huegel has advised CPI Europe Group on the sale of the Vienna Marriott Hotel to a joint venture between Evientro and Landfair European Dislocated Opportunities. Binder Groesswang and Saxinger advised the buyers. DLA Piper and Wolf Theiss reportedly advised the buyers as well.
Wolf Theiss Advises Aurelius on Acquisition of Winkelmann Automotive Poland
Wolf Theiss has advised Aurelius on its acquisition of Winkelmann Automotive Poland.
Wolf Theiss Advises CWR Realitawten on Sale of Voco Vienna Prater Hotel
Wolf Theiss has advised Winegg Realitaeten subsidiary CWR Realitaeten on the sale of Engerth 173-175 Entwicklungs, the property owner and lessor of the Voco Vienna Prater hotel, to Nowu Hospitality. Hasch und Partner reportedly advised Nowu Hospitality.
The Debrief: June 2025
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Poland: New Obligations for Employers to Protect Employees Against Mobbing
The Polish Ministry of Family, Labor, and Social Policy has prepared an amendment to the Labor Code, which in particular amends the existing provisions on mobbing. The new provisions are expected to enter into force in 2025. The aim of the amendment is to remove ambiguities in the current provisions, simplify procedures for pursuing claims, and increase the responsibility of employers for negative phenomena in the work environment, including mobbing.
Wolf Theiss Advises Sekyra Group on Sale of Affordable Housing Project in Prague
Wolf Theiss has advised Sekyra Group on the sale of the Opatov II residential project in Prague to Dostupne Bydleni Ceske Sporitelny and Kooperativa Pojistovna. Wilsons reportedly advised the buyers.
Filip & Company and Wolf Theiss Advise on Sale of NextUp Solutions to Symfonia
Filip & Company has advised NextUp Solutions shareholders Roxana Epure and Pierre-Yves Morlet on the sale of the company to Symfonia. Wolf Theiss advised Symfonia.
Wolf Theiss, Dentons, and Boyanov & Co Advise on Sofia South Ring Mall's EUR 79 Million Refinancing
Wolf Theiss has advised Sofia South Ring Mall on the EUR 79 million cross-border refinancing of its flagship retail property in Bulgaria. Dentons and Boyanov & Co advised the lenders – Eurobank Bulgaria, Eurobank Greece, and Eurobank Luxembourg Private Bank.
Hungary Centralizes Inventory Management for Medical Consumables
On 26 May 2025, the Hungarian Government published Government Decree 110/2025. (V. 26.) (the Decree), introducing a mandatory centralised inventory management regime for medical consumables used by public healthcare institutions. The Decree amends the regulatory framework under:
Wolf Theiss Advises RBHR on EUR 300 Million Notes Tender Offer and New Issuance
Wolf Theiss has advised Raiffeisenbank Austria on its recent tender offer for outstanding notes and the successful issuance of new EUR 300 million ordinary senior eligible notes. Linklaters reportedly advised an international banking consortium that participated in the offering.
Wolf Theiss and Stratulat Albulescu Advise on Erste Group and BCR's EUR 21 Million Financing of Bucharest’s Day Tower
Wolf Theiss has advised Erste Group Bank and Banca Comerciala Romana on the EUR 21 million financing facility extended to Danube Capital Partners for the Day Tower office building in Bucharest. Stratulat Albuescu advised Danube Capital Partners.
New Legal Amendments Related to Remote and Home-Based Employees
On 2 May 2025, the Law of Ukraine No. 4339-IX “On Amendments to the Labour Code of Ukraine on Improving the Legal Regulation of Certain Issues of Home and Remote Work” (the “Law”) came into force. The Law is aimed at regulating issues related to sending home-based and remote employees on business trips and creating favourable conditions for parents whose children are studying remotely.
The Debrief: March 2025
In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.
Wolf Theiss Advises DSK Bank and OTP Bank on EUR 88 Million Green Financing for Bravo Sky Commercial Development in Bulgaria
Wolf Theiss has advised DSK Bank and OTP Bank on the EUR 88 million real estate financing of Bravo Sky. Lex Locus reportedly advised the borrowers.
Ilej & Partners and Wolf Theiss Advise on Cirtuo's Sale to Coupa
Ilej & Partners, in cooperation with Karanovic & Partners, has advised Cirtuo on the sale to Coupa. Wolf Theiss, working with Kirkland & Ellis, advised Coupa on the deal.
Wolf Theiss Advises Vestas on Acquisition of LM Wind Power’s Polish Blade Facility
Wolf Theiss, working with Gorrissen Federspiel, has advised Vestas on its acquisition of LM Wind Power Blades. DLA Piper and Plesner reportedly advised LM Wind Power.