Wolf Theiss, working with White & Case, has advised Nomura on the acquisition of Macquarie Asset Management’s public investments business in North America and Europe. Schoenherr, working with Allen Overy Shearman Sterling, reportedly advised Macquarie.

The Austrian Federal Government has presented an updated draft law to implement the NIS-2 Directive. The Network and Information Systems Security Act 2026 (NISG 2026) tightens requirements for companies in critical sectors and explicitly assigns responsibility for cybersecurity to senior management. Under the proposed regime, entities are classified as either essential or important based on their size and the sector in which they operate, with stricter obligations for essential entities. The rules aim to address growing digital threats and establish a strict supervisory and control regime – including temporary disqualification from management duties for non-compliant executives.

Schoenherr has advised Via Unita on its acquisition of all shares in Lang Finanzsoftware. KPMG Law advised the sellers.

Austria’s market has been navigating a challenging economic climate, marked by restructurings, uneven deal momentum, and rising operational pressures, yet, if one looks beyond volatility, regulatory refinement, renewed banking activity, and a flourishing startup ecosystem are creating pockets of opportunity and forward motion, according to Kinstellar Managing Partner Horst Ebhardt.

Wolf Theiss, working with Hogan Lovells, has advised Guangzhou Automobile Group on its market entry into Austria and on securing production capabilities with Magna Steyr Fahrzeugtechnik in Graz.

Schoenherr, working with White & Case, has advised sole global coordinator and bookrunner Erste Group Bank and joint bookrunners Concorde Ertekpapir and WOOD & Company on the EUR 100 million secondary public offering of Budapest Stock Exchange-listed Shopper Park Plus. Deloitte Legal, and reportedly Huempfner & Associates, advised Shopper Park Plus.

Michal Dobrowolski has joined BPV Huegel as a Partner in the firm's Corporate/M&A and Private Equity practice.

Schoenherr has advised the shareholders of EuShipments.com on the sale of a 70% stake in the company to Austrian Post. Wolf Theiss reportedly advised Austrian Post.

Squire Patton Boggs has advised the shareholders of Johnny Servis on the sale of the company and its subsidiaries in Slovakia and Austria to Enygea Group. Alister Avocats and EY Law advised Enygea Group.

The Vienna International Arbitral Centre has announced that WilmerHale Partner Franz Schwarz has assumed the presidency of the institution, succeeding Nikolaus Pitkowitz at the close of VIAC’s 50th anniversary year.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we asked: What is the one most time-consuming administrative task for you as a Managing Partner, and what, if anything, have you done to try to minimize time spent on it?

Austria is currently experiencing its longest recession since World War II. Both external factors, meaning volatile energy prices, geopolitical tensions, as well as trade uncertainties, and internal causes, primarily the absence of a federalism reform, high part-time employment, early retirement, and a significant part of the population being net beneficiaries of the welfare system, have led to this structural decline. A significant concern is the deindustrialization of Austria’s economy, which has resulted in a major increase in insolvencies and restructurings.

Karanovic & Partners, working with White & Case, has advised MidEuropa on the sale of regional dairy producer Imlek to a consortium comprising the family holding of entrepreneur and investor Andrej Jovanovic as lead investor and Imlek’s current CEO Bojan Radun. Sijercic & Partners and Ilej & Partners in cooperation with Karanovic & Partners advised MidEuropa as well. Kinstellar advised the buyers.

The Corporate Sustainability Due Diligence Directive (CSDDD) entered into force on 25 July 2024, with the aim of fostering sustainable and responsible corporate behaviour in companies' operations and throughout their value chains. The new rules require in-scope companies to identify and address adverse human rights and environmental impacts arising from their activities, both within and beyond Europe.

DLA Piper has advised the International Finance Corporation and the Government of Iraq on the public-private partnership for the rehabilitation, expansion, financing, operation, and maintenance of the Baghdad International Airport, with an estimated project value of approximately USD 764 million.

Schoenherr has advised Austria-based HS Timber Group on its acquisition of the Swedish wood processing company Mala Sag from Setra Travaror, a subsidiary of Setra Group. Vinge advised Setra.

Zeitpulse Legal has advised EnBW New Ventures on the series B extension in Enspired, bringing the round to over EUR 40 million. KPMG Law advised Enspired.

Schoenherr has advised the owners of ImWind on the sale of all shares in the company to Wien Energie. E+H advised Wien Energie.