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Catch up on the latest news and press releases about CMS – the firm, latest developments and press coverage regarding CMS. Read all about the newest developments in the legal industry.



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15/05/2024
Six years of GDPR: Europe-wide analysis shows increasingly dynamic sanction...
Highest GDPR fine of 1.2 billion euros imposed by the Irish data protection authority in May 2023 for a breach of the rules on international data transfers. Further fines imposed by this authority in 2023 amounted to hundreds of millions of euros. The main violations are “Insufficient legal basis for data processing” and “Failure to comply with the general principles of data processing”. The next most common violation is “Insufficient technical and organizational measures to ensure information security”. Spain tops the list of countries with the most fines for the fifth year in a row, followed by Italy and Romania. Ireland, Luxembourg and France have the highest average fines and total amounts per country. Berlin – Today, international law firm CMS has published the fifth edition of its annual Enforcement Tracker Report. The English-language report shows the developments of all publicly known GDPR fines based on CMS's own online database, GDPR Enforcement Tracker. The current edition of the report covers the analysis period between March 2023 and March 2024. 510 fines were added for the past year as of the editorial deadline on 1 March 2024. This brings the total number of data protection fines since the GDPR came into effect in May 2018 to 2,225, or 2,086 if only fines with full details such as the amount of the fine, date and authority are counted. The total amount of fines since the start of the survey is around 4.5 billion euros. This means that fines of around 1.7 billion euros have been added compared to last year’s Enforcement Tracker Report. This shows that authorities are no longer shying away from imposing high fines. The average fine for the entire reporting period was around 2.1 million euros - with high fines against “big tech” companies in 2021/22 and the first fine in the billions in 2023 having a particularly heavy impact.“At the top of the list of GDPR fine triggers is, once again, insufficient legal basis and non-compliance with the general data processing principles as well as insufficient technical and organisational measures. Companies should pay particular attention to this,” says Christian Runte, lawyer and partner at the international commercial law firm CMS Germany. Dr Alexander Schmid from the Enforcement Tracker team at CMS Germany adds: “In addition to data protection authorities, the courts have also increasingly dealt with the interpretation of the GDPR. For example, the Court of Justice of the European Union has further clarified the scope of data subjects' right of access. “These rulings create more clarity, but at the same time tighten the requirements for companies, which is why, in addition to a viable compliance concept, current developments will also be decisive for them in practice in the future.”Read the full Enforcement Tracker Report here; a summary can be found here. Pressekon­takt presse@cms-hs. com
17/04/2024
CMS advises Austrian Airlines on sale of Austrian Airlines Technik Bratislava
Press release - 17 April 2024An international team of CMS lawyers has provided comprehensive legal advice to Austrian Airlines AG on the sale of the Slovakian company Austrian Airlines Technik Bratislava (ATB) to the Dutch aircraft maintenance provider SAMCO Aircraft Main­ten­ance. Es­tab­lished in 2006, ATB has been offering first-class maintenance services specifically to regional aircraft operators. Closing the deal in early April, CMS supported the company’s successful sale to SAMCO Aircraft Maintenance, which expands its base maintenance footprint in Europe as a consequence. In the course of the acquisition, the CMS team contributed its international expertise in corporate law/M&A matters and also provided extensive legal advice on financing aspects and competition law. “We are excited to have supported Austrian Airlines on this transaction and are pleased that our expertise in cross-border M&A matters contributed to the smooth execution of the deal,” says Alexander Rakosi, a partner at CMS and a member of the corporate transactions team in Vienna. The CMS core transaction team consisted of partners Alexander Rakosi and Florian Mayer (both Vienna, Corporate/M&A) and attorney-at-law Martina Gavalec (Bratislava, Corporate/M&A), and was supported by partner Dieter Zandler (Vienna, Antitrust), associate Rebecca Herlitz (Vienna, Corporate), associate Ján Ševčík (Bratislava, Dispute Resolution), and legal trainee Matthias Torggler (Vienna, Corporate Transactions). On the buyer side, BarentsKrans (Netherlands) and Kinstellar (Slovakia) were involved in the transaction.
15/04/2024
Grow, flow, show: CMS relies on strong values in new employer branding
Press release - 15 April 2024In the contest for top talent, CMS Reich-Rohrwig Hainz is wowing candidates with a new look and feel, as well as an inclusive work environment that sets future-facing industry standards for maximum flexibility, international career opportunities, and great working conditions. Its employer promise is clear: We individuals win. CMS Reich-Rohrwig Hainz, one of the largest and most renowned law firms in Austria and the CEE region, is positioning itself as an employer with a strong brand identity in the contest for top talent. The firm developed its future-facing employer branding collaboratively on the basis of cross-de­part­ment­al and transnational interviews and workshops. The resulting relaunch is an authentic reflection of CMS both internally and externally, giving candidates a clear idea of what CMS stands for as an employer, what makes it special, and what sets it apart from competitors.  Diversity as the basis of shared success   The new employer branding aligns with the new employer promise “We individuals win” (#windividuals) and the employer values “grow, flow, show”, chosen to underline the sustainable values that form the foundation of CMS. These in­clude: Cre­at­ing an optimal environment for innovation and plenty of space for personal development (grow) Fos­ter­ing an open firm culture, an inclusive work environment, and appreciative interactions (flow) Show­cas­ing the cutting-edge expertise of its people (show) As Esther Brand­ner-Richter, Head of Human Resources at CMS in Vienna, explains, “The unique team behind our success unites diverse individuals with distinctive development trajectories – but always directed towards a common goal. That is the path we want to continue to pursue and to also make visible in our new employer branding. Our firm’s culture is the core of our employer brand. Going forward, we want to do even more to specifically foster our people’s individual talents. Because even in a traditional law firm environment, work should be fulfilling, fun, and offer enough flexibility for every­one.” Gün­ther Hanslik, Managing Partner at CMS Reich-Rohrwig Hainz, adds, “Our firm takes its social responsibility very seriously, building a sustainable culture through targeted initiatives that encompass all aspects of our work. It is a culture that allows everyone to fulfil their potential and grow, no matter what their background is – we champion diversity, solidarity, and in­clus­iv­ity.” Flex­ib­il­ity and space to adapt With its new employer branding, CMS also reinforces its image as a modern employer that practises New Work, and as a law firm that masters the challenges of today’s dynamic world of work. “In an age where the way we work is constantly changing, we recognise the importance of structuring your work individually,” says Esther Brand­ner-Richter. “Our people can set their working hours flexibly and benefit from a modern work environment that encourages creativity and cooperation. We embrace the concept of New Work. We value results, not working around the clock.” 
22/03/2024
CMS European M&A Study 2024
Press release - 22 March 2024
05/02/2024
CMS strengthens its teams in Vienna and CEE with another round of partner...
Press release - 5 February 2024
28/11/2023
CMS launches International Digital Regulation Hub providing a clear roadmap...
All businesses should be prepared to grasp the opportunities in digital regulation 
22/05/2023
Europe-wide analysis on the fifth anniversary of the GDPR reveals data...
European data protection authorities imposed fines totalling over 2.7 billion euros in more than 1,500 publicly known cases for violations of the General Data Protection Regulation, which has been in...
09/09/2022
Banking & Finance expert Sanja Voloder, attorney in cooperation with CMS,...
The experienced lawyer was previously a senior associate (attorney in cooperation with CMS) in the Banking, Finance, Corporate and M&A department and recently also qualified as a solicitor in England and Wales. Sanja Voloder began her legal career as an associate at CMS and now has more than ten years of experience in general business, banking, finance, corporate and M&A. During this time, she has advised international clients on legal issues related to investments and financing in Bosnia and Herzegovina. Her close working relationship with influential stakeholders in the investment industry, as well as with clients and key business organisations and advocacy groups, makes her an excellent match for CMS’s diverse legal services and extensive professional expertise. Voloder completed her legal education in the UK, which involved a masters from the renowned University of Cambridge, where she also undertook research activities. She qualified as an independent attorney in Bosnia and Herzegovina in 2017 and in 2021 became dual-qualified by additionally obtaining a license to practice as a solicitor in England and Wales as well. Managing Partner at CMS Reich-Rohrwig Hainz Günther Hanslik comments: “We are very pleased to have such a dedicated and internationally experienced Banking & Finance specialist as Sanja Voloder in our ranks. She has made a name for herself not only through her professional expertise but also her entrepreneurial skills. In her new position as Counsel and an attorney at law in cooperation with CMS, she will make a valuable contribution to the successful future of CMS in Bosnia and Herzegov­ina.”Sanja Voloder: “I’m thrilled about facing this new challenge and see it as recognition of my many years of cooperation with CMS as a company, its growth over the years, and especially the commitment to our clients. It also shows that CMS highly values my expertise and entrepreneurial skills. As an ambitious professional, I am enthusiastic about and am already eagerly anticipating the next stages in my career, including the partnership with CMS.”   
02/02/2022
CMS strengthens its leadership team in CEE
Nedeljko Velisavljević promoted to CEE Partner
11/01/2022
CMS appoints Chief Marketing Officer
Frankfurt, 11 January 2022
29/07/2021
New Executive Director for CMS
Frankfurt, 29 July 2021
16/07/2021
Astrid Valek has taken over the management of both Business Development...
Since spring 2021, CMS Austria has been presenting itself under the motto Future Facing as part of a new global CMS strategy. Astrid Valek, who joins CMS Austria in a dual leadership position, will play...