Schoenherr advised the seller of Zoerkler, an Austrian manufacturer of high-performance transmission components for the aerospace, automotive, rail and industrial sectors, on the sale to MiddleGround Capital. Zoerkler will be integrated into Xtrac, a MiddleGround portfolio company specialising in transmissions and mechatronics for professional motorsport and high-performance automotive applications.

Schoenherr advised healthcare provider Mavie Next GmbH and its shareholder, Mavie Holding GmbH – both part of the UNIQA Group – on the investment by Raiffeisen-Holding NÖ-Wien in Mavie Next. Raiffeisen-Holding NÖ-Wien plans to invest around EUR 100m in Mavie Next over the coming years.

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.

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).

Welcome to our to the point newsletter. Every month, we are looking back at the most relevant developments in the area of financial regulation in the CEE region.

Am 02.05.2025 wurde ein Ministerialentwurf, der (ua) eine Änderung des Grunderwerbsteuergesetzes (GrEStG) mit Auswirkungen auf den Share Deal vorsieht, in Begutachtung gesendet. Die Begutachtungsfrist endet am 09.05.2025, das Inkrafttreten der Novelle ist für den 01.07.2025 geplant.

In today's sports and media landscape, top athletes are not just competitors – they are global brands. Names, logos, gestures and even signatures can be legally protected and commercially exploited. For many stars, brand value has become just as important – if not more important economically – than athletic performance. But how does trademark protection apply to public figures, and what opportunities are there for monetisation?