Not that amazing of a deal in the US, but I don't know the European market. That's $395 USD before shipping or ~$430 USD after including shipping to the US. I5 and ryzen 5 laptops with similar specs show up for $400 on slickdeals rather frequently, though most of them lack the 100% srgb display.
Example:
Walmart has 14" Acer Aspire 5 Laptop (Safari Gold) for $379. Shipping is free. Specs: 14.0" Full HD IPS Display 11th Gen Intel Core i5-1135G7 8GB DDR4 256GB M.2 NVMe PCIe SSD Wi-Fi ...
slickdeals.net
Medion Akoya is owned by Lenovo and used to be owned by Aldi? I don't know how smooth warranty work would be.