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With 15 offices and 4 country desks we have a firm footprint in Central and Eastern Europe.
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our capabilities
As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
our team
Meet our highly experienced experts, advising on legal questions in 14 countries - covering various legal areas.
18 November 2024
I.Fedurek P.Bartoś A.Kulik G.Chrzanowska F.Grabowski L.Krüpl G.Pázsitka L.Szepsi Szűcs B.Bodó V.Magyar N.Szilvási
Poland/Hungary: Schoenherr advises BGK on EUR 40m financing of first Puro Hotel outside Poland
Schoenherr advised Bank Gospodarstwa Krajowego (BGK) on securing a EUR 40m financing agreement for the development and long-term investment of a Puro Hotel in Budapest.
Poland: Schoenherr advises Luminator Technology Group and Wingspire Capital on USD 40m term and revolving loans
Schoenherr advised Luminator Technology Group ("LTG"), a provider of technology solutions in the transit industry, and Wingspire Capital, a diversified specialty finance firm that provides senior debt solutions, in relation to USD 40m term and revolving loans granted to LTG.
Croatia: Schoenherr advises PAN-PEK on EUR 20m long-term financing agreement with PBZ and EBRD
Schoenherr advised PAN-PEK d.o.o., one of Croatia's leading baked goods producers, on securing a EUR 20m long-term loan granted by Privredna banka Zagreb d.d. (PBZ), part of the Intesa Sanpaolo Group, in cooperation with the European Bank for Reconstruction and Development (EBRD), under a recently signed Risk Sharing Framework (RSF).
EU Listing Act - Significant changes to the market abuse regime
The EU Listing Act, which is part of the European agenda to make public capital markets in the EU more attractive, was published in the Official Journal of the European Union on 14 November 2024. This initiative seeks to increase the number of company listings in the EU and simplify compliance with capital markets regulations under the Market Abuse Regulation (MAR). The legislative package includes amendments to the Prospectus Regulation and MAR, which will enter into force on 5 December 2024. Several provisions will be applicable at later stages, i.e. from 5 March 2026 or 5 June 2026.
Tough times ahead for Slovak employers?
In recent weeks, the Slovak Parliament has approved two laws that could substantially increase labour costs for employers in Slovakia. One amendment to the Minimum Wage Act raises the automatic determination rate of the minimum wage, while another introduces a new contribution to cover sports activities for employees' children.
Neither amendment has yet been signed by the president. However, given the current political situation in Slovakia, it is unlikely that he will veto these amendments.
Austria's sustainability-linked bond market: a snapshot
In 2023 we advised a client in connection with the issuance of the first sustainability-linked bond by an Austrian corporation placed among international institutional investors as well as Austrian retail investors. Its main feature is that the coupon for the last year of the term will increase if one or both predefined step-up events linked to the issuer's sustainability targets occur.
Consumer Credit Directive II: consumer credit legislation for the digital age
A 2020 review of the Consumer Credit Directive (2008/48/EC) ("CCD I") by the European Commission (EC) found that CCD I has been only partially effective in ensuring a high level of consumer protection.
Trade creditor liability risks in arrangements with distressed companies in Austria
In our practice, we have found that the most common reason for distressed companies to initiate reorganisation measures is a severe liquidity squeeze.
With guided precision and legal services tailored to your needs, our teams across 14 countries guide you from start to finish.
Our lawyers keep you up to date on their respective areas of expertise - with ongoing newsletter articles whenever there are relevant changes in the legal world.