Schoenherr has announced the appointments of Austria-based Miriam Simsa, Bulgaria-based Alexandra Doytchinova and Czech Republic-based Vladimir Cizek to Equity Partners. The firm also promoted Austria-based Dominik Hofmarcher and Slovakia-based Sona Hekelova to Partners.

Cerha Hempel has advised Energy Exchange Austria and its cooperation with CCP Austria on the restructuring of the clearing of spot market trading in electric power products on the Vienna Stock Exchange and on the transfer of the central counterparty function from EXAA to CCP Austria.

PHH, working with Freshfields Bruckhaus Deringer, has advised the shareholders of life sciences company Szabo-Scandic Handelsgmbh on its sale to the Nordic BioSite Group. Wolf Theiss and White & Case advised Nordic BioSite on the deal.

PHH has advised German digital transformation company Sidion on its acquisition of a 65% stake in the Austrian-based Hillside IT consulting group.

Cerha Hempel has advised Abrdn on the acquisition of a residential project in Vienna from the Innsbruck-based project consortium Moser Immobilien and Bauwerk Immobilien. Grama Schwaighofer Vondrak advised the sellers.

Gas is of particular economic importance for Austria. In addition to production, infrastructure (including the Baumgarten gas hub), transportation, trade, and supply-secure coverage of gas demand play a major role. Yearly demand of roughly 80 to 90 terawatt-hours, constant over the last ten years, is generated by the manufacturing and energy sectors, non-energy consumption, agriculture, private households, power plants as conversion applications, transport, and the service sector. With a share of about 15%, gas also plays an important role in Austria’s electricity generation, primarily by providing flexible capacities that can be utilized at short notice to stabilize the power grid.

CMS has advised plastic packaging and recycling company Alpla on its acquisition of the Wolf Plastics Group. Binder Groesswang advised the sellers on the deal.

Brandl Talos has advised TriLite Technologies on its EUR 8 million Series A financing round.

Hengeler Mueller is advising Austria's Greiner on obtaining the European Commission's merger control approval in relation to its conditional voluntary public takeover offer to acquire a majority of Recticel shares, which was officially announced on October 06, 2021.

Schoenherr has advised Swiss investment company Nice & Green on the up to EUR 5.4 million convertible note funding program for Vienna Stock Exchange-listed Marinomed Biotech. Herbst Kinsky advised Marinomed.

Former Amsterdam-based Park Now Group General Counsel, Chief Risk and Compliance Michael Czermak has joined Casinos Austria Managing Director Legal Affairs in Vienna.

According to a recently published ruling, the German Federal Labour Court says you can. Here is how.

BPV Huegel has advised the German Wurth Group on the acquisition of the family-owned Upper Austrian C.I.C.M.P. Vertriebs-GmbH. Hochleitner Rechtsanwalte reportedly advised the seller.

Freshfields Bruckhaus Deringer advised Apera and the super senior banks on the financing of pharmaceutical company Euro Vital Pharma Group. Taylor Wessing has advised the borrower. PRK Partners reportedly advised the lenders on the deal.

Dorda, working with Kramer Levin Naftalis & Frankel, has advised the shareholders of Austrian startup PSPDFKit on a EUR 100 million investment from Insight Partners. Chapman & Cutler also advised PSPDFKit, with Willkie Farr & Gallagher and Binder Groesswang advising Insight Partners.

CMS has advised Alpla on forming a EUR 7.5 million joint venture together with Romania's Ecohelp and Switzerland's United Polymer Trading. Reportedly, Cabinet Costea advised Ecohelp and Furer Partner Advocaten advised UPT.

Wolf Theiss has advised Kommunalkredit Austria on its EUR 250 million issuance of 0.01% covered bank bonds. Schoenherr has advised the joint lead managers DZ Bank, Erste Group Bank, Landesbank Hessen-Thuringen Girozentrale, and Raiffeisen Bank International.

Herbst Kinsky has advised Austrian C&P Immobilien on the acquisition of the majority of shares in German Alpenimmobilien. Taylor Wessing advised the seller.