Beyond mere compliance, best practices can create a competitive advantage and lead to more resilient businesses.
Given the current European and global emphasis on environmental sustainability, legal and voluntary standards play an increasingly important role in many business projects including corporate aquisitions, real estate development, energy and infrastructure projects, supply chain management, green financing and more.
- compliance with environmental laws and regulations
- the emissions of greenhouse gases
- the conservation of energy
- waste treatment
- water usage
- broader sustainability issues
ESG: focus on (E)nvironment
From sustainable construction to renewable energy, environmental considerations are increasingly built into business ventures from the ground up.
High potential EU tools for a green future
Laszlo Kenyeres and Adam Lukonits
Europe’s green transition targets cannot be met without appropriate energy storage technologies. The European Union’s Recovery and Resilience Facility is a potent vehicle to help make that happen.
Podcast: What Romania’s renewables market tells us about the present and future of sustainable energy
Renewables expert and Managing Partner of the firm’s Bucharest office Bryan W. Jardine takes a deep look into Romania’s renewable energy market with Mr. James Colter Eadie, who is the Founder and CEO of Jade Power Trust. Bryan and James consider the challenges and focal points for long-term sustainable decarbonization and transition in our region away from fossil fuels to renewable energy sources.
WT Guide: Generating Electricity from Renewable Sources
Given the current European and global emphasis on green initiatives and reduction of carbon emissions, the laws and regulations governing the generation of electricity from renewable energy sources in the Central, Eastern & Southeastern European region remain of major interest to those companies and individuals who are focused on this dynamic and increasingly important sector.
Current legal developments
Our recent experience
A key growth area in banking and finance at the moment is the green transition, including renewable energy projects. It’s going to be a very interesting year as ESG ratios continue on the daily agenda and will be one main focus points of the supervisory authorities. Wind farm projects, both onshore and offshore, sustainable housing and investment into green transitions will keep our transaction team busy.
Andrea Gritsch, Partner, Banking & Finance
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ESG in depth: (E)nvironment
Beyond mere compliance, best practices can create a competitive advantage and lead to more resilient businesses. Given the current European and global emphasis on environmental sustainability, legal and voluntary standards play an increasingly important role in many business projects including corporate aquisitions, real estate development, energy and infrastructure projects, supply chain management, green financing and […]...
ESG as business critical
No longer just a “nice to have”, strong ESG performance is now business critical. The importance and impact of Environmental, Social and Governance (ESG) criteria is growing exponentially on a global level. Reinforced by regulatory trends in the EU, investors and consumers have embraced ESG and sustainable investing. Sustainable building, renewable energy and social compliance […]...
Wolf Theiss advises Packeta Group on debut club financing worth CZK one billion from major Czech banks
Prague, 13 April 2023 – Wolf Theiss’ Banking & Finance team successfully advised Packeta Group on its debut club financing worth CZK one billion. Packeta Group, a global logistics and e-commerce digital platform, relied on the legal advice of Wolf Theiss’ Banking & Finance experts in Prague and Bratislava regarding its successful debut club financing […]...
Parental part-time: effects on all-inclusive salaries
In this episode, Matthias Unterrieder and Dorothea Arlt discuss the intricacies of calculating reduced all-inclusive salaries during parental part-time, in light of two recent decisions by the Austrian Supreme Court. SUMMARY What is an all-inclusive salary? An all-inclusive salary is a type of lump-sum compensation for an employee that is meant to cover all of […]...
Eleven Ventures signs three startup transactions with legal support from Wolf Theiss Bulgaria
Sofia, 12 April 2023 – Venture capital fund Eleven Ventures signs transactions with BibeCoffee, True Insight and Native Teams with legal assistance from Wolf Theiss Bulgaria. In what promises to be a busy year for investors in Central and Eastern Europe, Bulgaria-based Eleven Ventures signed several transactions, three of which were supported with legal advice […]...
The Product Regulation and Liability Review (Tenth Edition)
Country Chapter for Austria The Product Regulation and Liability Review addresses the matter of product liability in several pivotal jurisdictions across the globe, delving into potential liability and exposure for manufacturers, along with recent changes to the law in each jurisdiction as a result of new legislation, regulations, court decisions and so on. Each country […]...
ZBI Group acquires energy self-sufficient landmark project in Graz with legal support from Wolf Theiss
Erlangen/Graz/Vienna, 11 April 2023 – ZBI Zentral Boden Immobilien Group, one of the leading specialists in residential real estate, is launching a new residential construction project with a special focus on sustainability in Graz, together with KS Group as co-developer as part of a joint venture. ZBI was advised by Wolf Theiss on the acquisition […]...
Rights and obligations in connection with rent indexation
Rights and obligations in connection with rent indexation In this episode of the Wolf Theiss Soundshot podcast, our two real estate law experts Marion Schimböck and Elisabeth Werginz take a closer look at rent indexation in relation to the current inflation rate in Austria. The majority of tenancy agreements contain value adjustment clauses that entitle […]...
Lockerungen bei der Immobilienkredit-Vergabe in Österreich
Die Novelle zur Kredit-Immobilienfinanzierungsmaßnahmen-Verordnung (KIM-VO) ist seit 1 April 2023 in Kraft. Überlegungen des FMSG zum Erfordernis der Lockerung der Immobilienkredit-Vergabe Zur Begrenzung systemischer Risiken aus der privaten Wohnimmobilienfinanzierung ist am 1 August 2022 die Kredit-Immobilienfinanzierungsmaßnahmen-Verordnung (KIM-VO) in Kraft getreten. Auch wenn das Finanzmarktstabilitätsgremium (FMSG) im Rahmen der Presseaussendung zur 35. Sitzung am 13 Februar […]...
Wolf Theiss advises Mitiska REIM on the purchase of Europa Centralna retail center in Poland
Warsaw, 3 April 2023 – Europe’s leading specialist investor in convenience real estate, comprising retail parks, urban logistics and multi-let light industrial projects, Mitiska REIM, relied on the legal expertise of Wolf Theiss Warsaw regarding the purchase of Europa Centralna retail center located in Gliwice. Wolf Theiss advised Mitiska REIM on the purchase of Europa […]...
Wolf Theiss announces new Managing Partner in Bratislava
Bratislava, 3 April 2023 – Wolf Theiss appoints Katarína Matulníková as new Managing Partner of its Bratislava office. Katarína brings with her two decades of experience and top-tier rankings in employment law – expertise which will also see her head the Employment practice. Wolf Theiss Bratislava celebrated its 20th anniversary last year and is primed […]...
New Fairness Opinion Standards of the DVFA and board duties in the context of M&A
Due to the growing and increasingly international market for corporate transactions, the importance of fairness opinions is constantly increasing. The Fairness Opinion of an independent party represents a central tool for company leaders to assess M&A transactions and is also of great relevance for protecting the corporate bodies. Since there are no legal rules for […]...