CMS has advised Ecosio on its sale to Vertex. DLA Piper advised Vertex.

Taylor Wessing has advised the shareholders of myClubs on the sale to Urban Sports Club.

BPV Huegel has promoted former Attorney at Law Paul Pfeifenberger to Partner.

CHG Rechtsanwaelte has launched a new practice group focusing on data and technology.

E+H has advised Baustoff + Metall, RPR Privatstiftung, and Stefan Schoenauer on the acquisition and refinancing of the Althan Quartier in Vienna. CMS advised the sellers – a banking consortium led by Raiffeisen Bank International and including Oberbank, Raiffeisenlandesbanken Steiermark and Oberoesterreich, Volksbank Wien, Sparkasse, VKB, and Hypo Vorarlberg.

CMS has advised TurboVolt on its sale to Eleport. Ellex advised Eleport and, reportedly, Schoenherr advised Eleport on Austrian, Croatian, and Slovenian law.

Dorda has advised Deutsche Logistik Holding Austria on the sale of Industrial Campus Vienna East to DEKA.

The Regulation (EU) 2024/1991[1], known as the "Nature Restoration Law" ("NRL"), represents a significant EU initiative aimed at reversing ecosystem degradation. The NRL requires Member States to restore degraded ecosystems and enhance biodiversity and resilience across land and marine areas. Effective from 18 August 2024, the NRL imposes binding targets for ecosystem restoration, presenting both opportunities and challenges. This article analyses the NRL's potential impacts on the private sector, highlighting significant concerns and legal issues.

Wolf Theiss, working alongside Clifford Chance, has advised Cellnex Telecom on the EUR 803 million sale of its Austrian telecommunications tower assets to a consortium comprising Vauban Infrastructure Partners, EDF Invest, and MEAG. Schoenherr, working with the Paris and London offices of Hogan Lovells, advised the buyers.

Schoenherr has advised EBG MedAustron on the expansion of the MedAustron cancer treatment and research center in Wiener Neustadt. 

In Austria, almost 1,000 units of stored blood are needed every day; in Germany, it is around 15,000 units. Blood is an important emergency medication in the event of accidents, childbirth, surgeries or serious illnesses. It has a shelf life of only 42 days and cannot be produced artificially.

Public-private partnerships (PPPs) offer a way to procure infrastructure and services that traditionally do not include private capital involvement with private finance participation. PPPs have been introduced as a general acknowledgment of the need to solve the infrastructure gap in many countries – especially in emerging market and developing economy (EMDE) countries. EMDE countries need to rely on private resources as a means of accelerating infrastructure development. Attractive for a high degree of flexibility in light of multiple variations across the globe regarding the scoping of a PPP, PPPs enable efficiency and high value for money.

Hule Bachmayr-Heyda Nordberg has advised ParityQC on a financing round with B & C Innovation Investments.

Fellner Wratzfeld & Partner has successfully represented the interests of Vienna Health Fund before the Vi­enna Ad­min­is­trat­ive Court.

Schoenherr has advised Austrotherm GmbH on the merger control filings for the acquisition of the EPS insulation business unit of the Austrian insulation manufacturer Brucha.

Schoenherr has advised Funke Works on its acquisition of Freyspiel from Sonja and Jakob Frey. Griss & Partners advised the sellers.

EY Law has Promoted Martin Hanzl to Partner in Austria.

Freshfields Bruckhaus Deringer has advised Assa Abloy on the acquisition of Skidata from the Kudelski Group. Baker McKenzie, working with Hogan Lovells, Holding Redlich, and Lenz & Staehelin, advised the Kudelski Group.