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Austria: Schoenherr advises Erste Group on 300m share buyback and capital reduction

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Poland: Schoenherr advises Sunex S.A. on sale of shares by its shareholder through ABB process

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Bulgarian Parliament adopts FDI screening regime

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Austria: UPDATE Renewable Gas Act (Erneuerbares-Gas-Gesetz | EGG)

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FlexCo Self-Experiment

Many unresolved legal questions accompany the introduction of the Flexible Company (FlexCo) in Austria. In order to gain hands-on experience, our start-ups & venture capital team established one of the first FlexCos. Follow along the self-experiment!
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sanctions corner

Our sanctions corner aims to give an overview of all applicable sanctions in the CEE region in connection with the Ukraine conflict. It will be updated regularly.

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Our CEE-wide expertise across several legal areas and industries allows our teams to advise on all environmental, social and governance related questions and challenges. This info corner gives an overview of our legal expertise in relation to ESG.

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The new class action rules are coming and will have quite an impact. Our info corner gives you an overview of how CEE countries intend to implement the Directive.

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our latest press releases

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Austria: Schoenherr advises Erste Group on 300m share buyback and capital reduction

Schoenherr advised Erste Group Bank AG ("Erste Group") on its EUR 300m share buyback followed by a cancellation of treasury shares and the reduction of its share capital.

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Schoenherr promotes eight new partners and appoints six new counsel

CEE powerhouse Schoenherr has announced the promotion of eight new partners and the appointment of six new counsel.

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Schoenherr tops 2023 Mergermarket M&A rankings in Central Eastern Europe and Austria

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our latest legal insights

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Bulgarian Parliament adopts FDI screening regime

Note: The following is based on the final text of the bill on the amendment of the Investment Promotion Act as at the publication date and is subject to amendment pending the finalisation of the act.

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newsletter

22 February 2024

austria

B.Rajal

Austria: UPDATE Erneuerbares-Gas-Gesetz (EGG)

Der Ministerrat hat sich zu einer Regierungsvorlage zum EGG durchgerungen. Dadurch rückt die Phase eines Investitionsbooms für Biomethananlagen in Österreich ein Stück näher. Österreich muss den Anteil erneuerbarer Gase bis 2030 schrittweise um den Faktor 50(!) erhöhen! Eine Herkulesaufgabe. Gegenüber dem Begutachtungsentwurf gibt es weitgehende Änderungen (ua einen neuen Fördermechanismus für Gasversorger).

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newsletter

12 February 2024

romania

S.Lazăr V.Stropșa

Romania: Implementation of NPL Directive in Romania slowly advancing

Romania is currently taking steps to transpose Directive EU 2021/2167 on credit servicers and credit purchasers (the "NPL Directive") into national law. Credit institutions, non-banking financial institutions ("NBFIs") and debt recovery entities performing credit servicing activities are keeping a keen eye on two draft bills meant to implement the NPL Directive. Up for public debate in late 2023 and early 2024, these two normative acts shed light on some new obligations, while raising several practical questions.

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