Schoenherr has advised OMV Aktiengesellschaft on the issuance of EUR 750 million in perpetual, subordinated hybrid notes with J.P. Morgan and MUFG acting as the structuring agents and joint global coordinators and BofA Securities, Erste Group, ING, LBBW, and SMBC as the joint bookrunners. Wolf Theiss, working with the White & Case Frankfurt office, advised the bookrunners.

The European Commission (EC) has published a comprehensive communication introducing a playbook for Member States on designing state aid measures to support their objectives under the Clean Industrial Deal. This framework aims to facilitate industrial decarbonisation and the rollout of clean energy and will remain in force until 31 December 2030. The Clean Industrial Deal State Aid Framework (CISAF) is intended to offer a wide range of companies long-term investment predictability.

Starting next year, the rules on corporate criminal liability in Hungary will undergo significant reforms aimed at making companies' participation in criminal proceedings more effective, predictable and proactive. Among the most notable innovations is the introduction of plea deals for companies, intended to enhance both accountability and cooperation between companies and criminal authorities.

Schoenherr has advised Enery Element on the sale of its 50% stake in Dunav Solar Plant, the developer of the Gabare photovoltaic project in northwest Bulgaria, to OMV Petrom, as part of a 50-50 joint venture between the two companies. Simultaneously, Enery Element transferred the remaining 50% of its shares to Enery Power Holding.

In a recent landmark decision, the German Federal Court of Justice (BGH) addressed whether law enforcement authorities were entitled to unlock a suspect's smartphone by forcibly using their fingerprint. The BGH accepted this conduct under the specific circumstances and explicitly ruled out a violation of the prohibition against self-incrimination.

Bulgaria’s renewable energy sector has seen significant growth in recent years. In 2024, almost 1 gigawatt of new renewable energy capacity was connected to the grid, predominantly from solar energy. Notably, no new wind farms have been commissioned since 2012, primarily due to administrative barriers and local opposition. However, investor interest remains high, especially in the southern and northwestern regions. Projects like the 238-megawatt Tenevo hybrid solar plant in Yambol, which plans to integrate a solar park, wind turbines, and energy storage, exemplify this trend.

Schoenherr and Gessel have advised BHM Group on the sale of its portfolio of ten A-Centrum retail parks in Poland to the Reticulum Group. Kinstellar reportedly advised Reticulum Group.

Significant amendments to Hungary's foreign direct investment (FDI) control regime entered into force on 24 June 2025, introducing expanded pre-emption rights for the state and revised procedural timelines.

Schoenherr has advised Okoenergie Beteiligungs on the repowering and expansion of the Pillichsdorf III wind farm in Lower Austria.

Schoenherr has advised Accession Capital Partners on its EUR 30 million growth capital investment into Vetti Group. Savoric & Partners advised Vetti Group.

Moravcevic, Vojnovic, and Partners in cooperation with Schoenherr has advised UniCredit Bank Serbia on the issuance of a mini-bond in Serbia.

Schoenherr has advised M Core on its acquisition of the Focsani Shopping Centre from KBC Bank. Ionescu, Stoica si Asociatii reportedly advised KBC Bank.

Lenders under foreign law credit arrangements subjected to the competence of English or other non-EEA courts – whose judgments (as opposed to those from EEA courts) are not automatically recognised or enforced in Bulgaria – often seek separate guarantees, allowing them to directly sue Bulgarian guarantors (e.g. wealthy domestic subsidiaries of multinational borrowers) in Bulgaria and obtain local court injunctions. Using the typical Bulgarian law guarantee arrangements subjected to the competence of Bulgarian courts in such cases is problematic.

Schoenherr and Cerha Hempel have advised OMV on global regulatory filings, including merger control procedures before the European Commission and national competition authorities, related to the combination of OMV subsidiary Borealis, ADNOC subsidiary Borouge, and NOVA Chemicals. White & Case's Dubai office reportedly advised OMV as well. Freshfields, Gibson Dunn & Crutcher, and Latham & Watkins reportedly advised ADNOC.

Schoenherr has advised Schott Hungary on four EPC projects with Strabag, Weinberg, and Szarnyas related to the construction of new production facilities called Bau5, Bau6, Bau9, and Bau10. 

BPV Huegel has advised RWA Raiffeisen Ware Austria Aktiengesellschaft on the sale of its stake in Austria Junice to Agrana Beteiligungs-Aktiengesellschaft. Schoenherr advised Agrana.

On 17 March 2025, a new Regulation of the Moldovan Competition Council (the "MCC") on Economic Concentrations (the "New EC Regulation") entered into force in Moldova (as secondary legislation). It introduces several key changes aimed at enhancing the enforcement of competition legislation and increasing transparency. The New EC Regulation transposes several European Union regulations, including the Commission Implementing Regulation (EU) 2023/914 of 20 April 2023 and the Commission Notice on a simplified treatment for certain concentrations 2023/C 160/01.

Schoenherr has advised Perpetual Growth on its partnership with Prewave. Act Legal reportedly advised Prewave.