CMS has advised Austria-based Rail Cargo Group on creating a joint venture with Serbia-based Transfera.

On 3 July 2024, the Austrian National Council adopted the draft COFAG Consolidation Act, which introduces significant changes to the handling and processing of funding claims and refunds by the COVID-19 Financing Agency of the Federal Government (COFAG). This marks a major step towards the final dissolution of COFAG.

Wolf Theiss has advised Bob W on its entry into the Austrian market via a long-term lease agreement with Viennese developer Peter Pilz & Partner Projektentwicklungs, reportedly advised by Puschner Spernbauer Rosenauer.

Binder Groesswang, working with Gernandt & Danielsson and Chiomenti, has advised Nordstjernan and Etac on its acquisition of Klaxon Mobility.

Gecic Law, working with Fellner Wratzfeld & Partner, Von Wobeser y Sierra, and Pedersoli Gattai, has advised Remus Holding on the acquisition of a controlling stake in GLM from Star Capital Sgr. Giliberti Triscornia e Associati reportedly advised Star Capital.

Schoenherr has advised Liechtensteinische Landesbank on the acquisition of Zuercher Kantonalbank Oesterreich with offices in Vienna and Salzburg. Binder Groesswang advised Zuercher Kantonalbank.

Cerha Hempel has advised the RWTUV Group on its investment in ISN – Innovation Network Service.

CMS has advised Neveon on a joint venture with Brantner Green Solutions. E+H reportedly advised Brantner.

In Austria, economic challenges confronting businesses keep lawyers busy, according to Fellner Wratzfeld & Partner Partner Florian Kranebitter. Financial difficulties, compounded by post-COVID-19 financial strains and challenges in the supply chain are at the top of the agenda alongside a drive to nurture startups and an increasing emphasis on sustainability.

Schoenherr has advised the Schwarzmueller Group on a partnership with the Krone Group. CMS reportedly advised the Krone Group.

E+H, working with Latham & Watkins, has advised Nexspace on entering the Austrian market via the acquisition of data centers from COOLtec. AWZ advised COOLtec.

Former Counsels Robert Wippel, Desiree Prantl, and Claudia Fochtmann-Tischler and former Senior Associate Daniel Orosz were promoted to Partners at Baker McKenzie as part of the firm's 2024 promotions round.

Former Freshfields Bruckhaus Deringer Attorney at Law Sabine Prossinger has joined E+H as a Partner in the dispute resolution practice of the firm.

Brandl Talos, working with Cooley, has advised Tipico Group on the sale of its U.S. sportsbook and online casino platform to the LeoVegas Group. Wilson Sonsini Goodrich & Rosati reportedly advised the sellers.

Nestor Nestor Diculescu Kingston Petersen and Dorda, working with Heuking and Wenger Vieli, have advised Inner Mongolia Mengtai Group on the acquisition of the Alu Menziken Group from Montana Aerospace.

BPV Huegel has advised Zentrasport Austria on the sale of its operating business to ANWR Sports. Thurnher Wittwer Pfefferkorn & Partner reportedly advised the sellers.

CMS has advised Alpla Group on its acquisition of Heinlein Plastik-Technik. Noerr reportedly advised Heinlein Plastik-Technik.

EY Law has advised Rohto on its acquisition of the Austrian Sigmapharm/MoNo chem-pharm group.