Schoenherr has advised the joint lead managers on Raiffeisen-Landesbank Steiermark’s EUR 500 million issuance of mortgage-covered bonds. Wolf Theiss advised the issuer.
Wolf Theiss Advises Astorg on Separation of Fastmarkets from Delinian
Wolf Theiss, working with Ropes & Gray, has advised Astorg on the separation of price-reporting agency Fastmarkets from businesss and financial information company Delinian.
Legislative Changes in Slovenia Related to Cross-Border Services and Employment of Foreign Nationals
On 22 March 2023, an amendment to the Transnational Provision of Services Act (Zakon o čezmejnem izvajanju storitev – ZČmIS-1, “Act on Cross-Border Services“) was adopted and partially came into force on 18 April 2023, with individual provisions becoming effective on 1 January 2024.
ODI Law and Wolf Theiss Advise on SHS Capital EUR 18 Million Investment in MESI Medical
ODI Law has advised Slovenian diagnostic company MESI on the EUR 18 million investment received from SHS Capital's SHS VI Healthcare Investments fund. Wolf Theiss advised the investor.
European Commission Adopts Merger Simplification Package – Cutting Red Tape for Merging Businesses?
On April 20, 2023, the European Commission ("Commission") adopted a merger simplification package ("Package") aimed at simplifying the Commission's review of concentrations under the EU Merger Regulation. The core of the Package is the expansion of the categories of cases which can be treated under the Commission's simplified procedure. In addition, the Package aims to streamline the review of simplified and non-simplified cases by introducing new notification forms.
Evidence Regulation on the Verge of Becoming a Reality
Securing e-evidence and establishing efficient procedures is key.
Employment Brief: Regulatory updates from Slovenia
A couple of legislative changes that affect working parents, foreign employees and posted employees recently came into effect in Slovenia.
Wolf Theiss Advises PolSolar on 250-Megawatt Solar Plant Development in Hungary
Wolf Theiss has advised a group of investors represented by PolSolar on the engineering, procurement, and construction of a 250-megawatt solar power plant in Mezocsat, Hungary.
Austria: Latest Developments in the Real Estate Market
The Austrian real estate market has been characterized by steady growth over the last decade, driven by a strong economy, low-interest rates, and increasing demand from both local and foreign buyers.
Romania Passes New Law Regarding Urbanism Requirements for Renewable Energy Projects
Recognizing the pressing need to rectify certain conflicting provisions within the existing legal framework applicable to the permitting process of renewable energy projects (as previously reported in the Wolf Theiss Client Alert dated January 12th, 2023 available here), Romanian lawmakers have been working since the start of 2023 to introduce legislative amendments to Urbanism Law 350/2001 and Construction Law 50/1991.
A Closer Look: Wolf Theiss' Matthias Schimka on the EUR 2 Billion Financing for the Benteler Group
On May 22, 2023, CEE Legal Matters reported that Wolf Theiss, working with Milbank, had advised the initial purchasers and lenders on Salzburg-based Benteler Group’s capital market debut issuance and loans amounting to over EUR 2 billion. CEELM reached out to Wolf Theiss Partner Matthias Schimka to learn more about the matter.
Wolf Theiss Advises Sekyra Group on Forward Sale of Affordable Housing Project in Prague
Wolf Theiss has advised the Sekyra Group on its forward sale of the Opatov II residential project to Dostupne Bydleni Ceske Sporitelny and the Vienna Insurance Group's Kooperativa Pojistovna.
Closing: Sale of BNP Paribas Personal Finance Bulgaria to Eurobank Now Closed
In June 2023, Boyanov & Co announced that the sale of BNP Paribas Personal Finance Bulgaria to Eurobank (reported by CEE Legal Matters on February 14, 2023) had closed.
Romanian Government Publishes Draft Technical Procedures for the Establishment of Crypto-Currency Exchange and Custodian Wallet Providers
Following two (2) years of uncertainty, at the behest of the Romanian Government, the Ministry for Finance published the draft Government Decision for the approval of procedures for the authorisation and/or registration of providers engaged in exchange services between virtual currencies and fiat currencies, as well as custodian wallet providers, on 12 May 2023. The Decision also included procedures for granting and withdrawing technical endorsements (the "Draft Decision").
Wolf Theiss Advises Banca Comerciala Romana on EUR 700 Million Green Issuance
Wolf Theiss has advised Banca Comerciala Romana on its EUR 700 million issuance of fixed to floating senior non-preferred green eurobonds due 2027, under a multi-issuer EMTN program.
Did You Know: Logjam Atop 2023 Leaderboard in Bosnia & Herzegovina
Did You Know that a total of 11 law firm partners have worked on client matters reported by CEE Legal Matters in Bosnia & Herzegovina this year – though none has, as yet, worked on more than one?
Wolf Theiss Advises Rhenus Group on Trans Integral Acquisition
Wolf Theiss has advised Germany-based logistics specialist Rhenus Group on its acquisition of Croatian logistics provider Trans Integral.
Wolf Theiss Advises DTEK Renewables on Glodeni Renewable Energy Project Acquisition
Wolf Theiss has advised DTEK Renewables International on the staggered share deal acquisition of a 49.38-megawatt photovoltaic power plant from Finas Invest.