Schoenherr has advised Indie Semiconductor on its acquisition of Emotion3D. DKFE, and reportedly Petsch Frosch Klein Arturo, advised the sellers.

The Slovak foreign direct investment (FDI) screening regime has been in force since 1 March 2023. It covers transactions subject to mandatory screening (critical investments, based on the sensitivity of the Slovak target's activities) as well as voluntary screening (non-critical investments). In the case of mandatory screening, a standstill obligation applies, and FDI clearance must be obtained before closing.

Moravcevic Vojnovic and Partners in cooperation with Schoenherr has advised the shareholders of Baupartner on the sale of an 80% equity stake to a joint acquisition vehicle formed by Molins and Titan. CMS and RRH Legal Sarajevo advised Molins and Titan.

Schoenherr has advised BlackPeak Capital on its growth equity investment in Affinity Life Car.

Schoenherr has advised Bank Pekao on the financing transaction supporting the growth of Rex Concepts.

Schoenherr has advised Bank Pekao on the acquisition financing granted to the investor for the purchase of City 2 office building in Wroclaw from Archicom.

Schoenherr has advised Palfinger on the successful placement of 2,826,516 treasury shares, raising gross proceeds of over EUR 100 million through an accelerated private placement with institutional investors. Wolf Theiss, working with Clifford Chance, advised joint bookrunners BofA Securities Europe SA and UniCredit Bank.

E+H has advised Andreessen Horowitz on the USD 5.5 million seed financing round investment for Taceo led by Archetype. Schoenherr advised Taceo. Cooley and Lark reportedly advised Archetype.

Dentons has advised the Board of Directors of Purcari Wineries on the RON 604 million public takeover bid launched by Maspex Romania. Schoenherr advised the founders of the winery. CMS, working with Turcan Cazac and Georgiades & Pelides, advised Maspex. Norton Rose Fulbright advised PKO Bank Polski on a loan facility to Maspex Romania to support the acquisition.

Schoenherr, working with Sidley Austin, has advised Preservation Capital Partners on the sale of its majority stake in Hanseatic Broking Center to Bridgepoint. Kirkland & Ellis advised Bridgepoint.

The end of July brings much-anticipated news, as the FDI Guidelines were published on 30 July and have now entered into force. We previously examined the draft Guidelines proposed by the authority back in February (see here) and are now analysing the changes introduced by lawmakers in the final version that are particularly relevant for practitioners.

The Federal Administrative Court (BVwG) has, for the first time, addressed the question of whether the EU Nature Restoration Regulation (NRR) applies in permitting procedures (BVwG 9 May 2025, W270 2279107-1).

Deloitte Legal has advised Value One on the sale of its Milestone student housing brand to Macquarie Asset Management. Greenberg Traurig and Schoenherr, working with PLMJ, advised Macquarie Asset Management.

Schoenherr has advised Kommunalkredit Austria on a EUR 29.3 million loan to INVL Renewable Energy Fund I to finance the construction of a 71-megawatt solar power plant portfolio in Dolj County, Romania. 

On 11 July 2025, Governmental Decision 437/2025 ("GD 437/2025") was published and entered into force. Through this piece of secondary legislation, the Moldovan Government has approved new rules governing the procedure for the prior examination and approval of investments of importance to state security. GD 437/2025 is intended to supplement the provisions of the recently updated FDI Law. But will this actually make things easier for existing and future investors?

Schoenherr has advised HPI GMA, operating under the Trasti brand, on a EUR 21 million equity investment from the European Bank for Reconstruction and Development and Zavarovalnica Triglav. Dentons advised EBRD and Triglav. DLA Piper reportedly also advised Triglav.

On 27 June 2025, the Assembly of North Macedonia adopted a new Electronic Communications Act (ECA). This landmark legislation represents a comprehensive overhaul of the country's digital regulatory framework, aligning it with the European Electronic Communications Code (Directive 2018/1972) (the "Directive") and the Gigabit Infrastructure Act (Regulation 2024/1309) (the "Regulation").

The long-awaited Bulgarian foreign direct investment (FDI) screening regime is now fully operational.